BCB Bancorp Stock Forecast - Daily Balance Of Power

BCBP Stock  USD 13.19  0.22  1.70%   
BCB Stock Forecast is based on your current time horizon. Although BCB Bancorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of BCB Bancorp's systematic risk associated with finding meaningful patterns of BCB Bancorp fundamentals over time.
  
As of 11/22/2024, Receivables Turnover is likely to drop to 6.71. In addition to that, Fixed Asset Turnover is likely to drop to 2.68. As of 11/22/2024, Net Income Applicable To Common Shares is likely to grow to about 54.1 M, while Common Stock Shares Outstanding is likely to drop slightly above 9.8 M.
On November 15, 2024 BCB Bancorp had Daily Balance Of Power of (0.29). Balance of Power indicator (or BOP) measures the strength of BCB Bancorp market sensitivity to bulls and bears. It estimates the ability of BCB Bancorp buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring BCB Bancorp Balance of Power indicator one can determine a trend of the price direction.
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BCB Bancorp Trading Date Momentum

On November 18 2024 BCB Bancorp was traded for  13.25  at the closing time. The top price for the day was 13.36  and the lowest listed price was  13.18 . The trading volume for the day was 28.8 K. The trading history from November 18, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.15% . The overall trading delta against the current closing price is 2.03% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for BCB Bancorp

For every potential investor in BCB, whether a beginner or expert, BCB Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BCB Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BCB. Basic forecasting techniques help filter out the noise by identifying BCB Bancorp's price trends.

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 Risk & Return  Correlation

BCB Bancorp Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BCB Bancorp's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of BCB Bancorp's current price.

BCB Bancorp Market Strength Events

Market strength indicators help investors to evaluate how BCB Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BCB Bancorp shares will generate the highest return on investment. By undertsting and applying BCB Bancorp stock market strength indicators, traders can identify BCB Bancorp entry and exit signals to maximize returns.

BCB Bancorp Risk Indicators

The analysis of BCB Bancorp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in BCB Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bcb stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Pair Trading with BCB Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BCB Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BCB Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with BCB Stock

  0.82AX Axos FinancialPairCorr
  0.79BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
The ability to find closely correlated positions to BCB Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BCB Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BCB Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BCB Bancorp to buy it.
The correlation of BCB Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BCB Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BCB Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BCB Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
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Additional Tools for BCB Stock Analysis

When running BCB Bancorp's price analysis, check to measure BCB Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BCB Bancorp is operating at the current time. Most of BCB Bancorp's value examination focuses on studying past and present price action to predict the probability of BCB Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BCB Bancorp's price. Additionally, you may evaluate how the addition of BCB Bancorp to your portfolios can decrease your overall portfolio volatility.