1st Source Stock Forecast - Daily Balance Of Power

SRCE Stock  USD 64.89  0.33  0.51%   
1st Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 1st Source stock prices and determine the direction of 1st Source's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 1st Source's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Asset Turnover is expected to grow to 0.05, whereas Receivables Turnover is forecasted to decline to 1.50. . The current year's Net Income Applicable To Common Shares is expected to grow to about 145.5 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 21.7 M.
On May 8, 2024 1st Source had Daily Balance Of Power of 0.6207. Balance of Power indicator (or BOP) measures the strength of 1st Source market sensitivity to bulls and bears. It estimates the ability of 1st Source buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring 1st Source Balance of Power indicator one can determine a trend of the price direction.
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1st Source Trading Date Momentum

On May 09 2024 1st Source was traded for  51.61  at the closing time. The top price for the day was 51.91  and the lowest listed price was  50.63 . The trading volume for the day was 47.6 K. The trading history from May 9, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 1.43% . The daily price change against the current closing price is 2.42% .
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 1st Source

For every potential investor in 1st, whether a beginner or expert, 1st Source's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 1st Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 1st. Basic forecasting techniques help filter out the noise by identifying 1st Source's price trends.

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 Risk & Return  Correlation

1st Source 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 1st Source'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 1st Source's current price.

1st Source Market Strength Events

Market strength indicators help investors to evaluate how 1st Source stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 1st Source shares will generate the highest return on investment. By undertsting and applying 1st Source stock market strength indicators, traders can identify 1st Source entry and exit signals to maximize returns.

1st Source Risk Indicators

The analysis of 1st Source'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 1st Source's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 1st 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.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether 1st Source is a strong investment it is important to analyze 1st Source's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 1st Source's future performance. For an informed investment choice regarding 1st Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of 1st Source to cross-verify your projections.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 1st Source. If investors know 1st will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 1st Source listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.068
Dividend Share
1.4
Earnings Share
5.25
Revenue Per Share
15.077
Quarterly Revenue Growth
0.021
The market value of 1st Source is measured differently than its book value, which is the value of 1st that is recorded on the company's balance sheet. Investors also form their own opinion of 1st Source's value that differs from its market value or its book value, called intrinsic value, which is 1st Source's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 1st Source's market value can be influenced by many factors that don't directly affect 1st Source's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 1st Source's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1st Source is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1st Source's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.