Mcnb Banks Stock Price Patterns

MKIN Stock  USD 17.01  0.15  0.89%   
The relative strength index (RSI) of MCNB Banks' share price is above 70 as of today. This indicates that the pink sheet is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling MCNB, making its price go up or down.

Momentum 72

 Buy Stretched

 
Oversold
 
Overbought
The successful prediction of MCNB Banks' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with MCNB Banks, which may create opportunities for some arbitrage if properly timed.
Using MCNB Banks hype-based prediction, you can estimate the value of MCNB Banks from the perspective of MCNB Banks response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in MCNB Banks to buy its pink sheet at a price that has no basis in reality. In that case, they are not buying MCNB because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell pink sheets at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

MCNB Banks after-hype prediction price

    
  USD 17.01  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out MCNB Banks Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
13.8614.8418.71
Details

MCNB Banks After-Hype Price Density Analysis

As far as predicting the price of MCNB Banks at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in MCNB Banks or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of MCNB Banks, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

MCNB Banks Estimiated After-Hype Price Volatility

In the context of predicting MCNB Banks' pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on MCNB Banks' historical news coverage. MCNB Banks' after-hype downside and upside margins for the prediction period are 16.03 and 17.99, respectively. We have considered MCNB Banks' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
17.01
17.01
After-hype Price
17.99
Upside
MCNB Banks is very steady at this time. Analysis and calculation of next after-hype price of MCNB Banks is based on 3 months time horizon.

MCNB Banks Pink Sheet Price Outlook Analysis

Have you ever been surprised when a price of a Company such as MCNB Banks is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MCNB Banks backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with MCNB Banks, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.10 
0.97
  0.05 
 0.00  
3 Events / Month
0 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
17.01
17.01
0.00 
210.87  
Notes

MCNB Banks Hype Timeline

MCNB Banks is now traded for 17.01. The entity has historical hype elasticity of 0.05, and average elasticity to hype of competition of 0.0. MCNB is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.1%. %. The volatility of related hype on MCNB Banks is about 32333.33%, with the expected price after the next announcement by competition of 17.01. The company last dividend was issued on the 10th of June 2008. Given the investment horizon of 90 days the next forecasted press release will be in about 3 days.
Check out MCNB Banks Basic Forecasting Models to cross-verify your projections.

MCNB Banks Related Hype Analysis

Having access to credible news sources related to MCNB Banks' direct competition is more important than ever and may enhance your ability to predict MCNB Banks' future price movements. Getting to know how MCNB Banks' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how MCNB Banks may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
ALBYCommunity Capital Bancshares 0.00 0 per month 0.00 (0.15) 0.86 (0.86) 4.47 
OSBKOconee Financial 0.00 0 per month 0.00  0.04  0.61  0.00  4.37 
STBISturgis Bancorp 0.00 0 per month 0.69  0.11  2.19 (2.04) 4.86 
EXCHExchange Bankshares 0.00 0 per month 0.00  0.09  0.00  0.00  17.10 
WDFNWoodlands Financial Services 0.00 0 per month 1.08  0.12  3.70 (2.08) 9.03 
ANDCAndover Bancorp 0.00 0 per month 1.04 (0.03) 2.16 (2.63) 8.35 
WSSHWest Shore Bank 0.00 0 per month 0.00  0.17  1.86 (0.43) 6.26 
OAKVOak View National 0.00 0 per month 1.46  0.04  2.59 (2.52) 7.56 
CIZNCitizens Holding(0.03)5 per month 0.67  0.30  4.86 (1.76) 9.52 
MFBPMF Bancorp 0.00 0 per month 1.06  0.08  3.63 (2.34) 8.74 

MCNB Banks Additional Predictive Modules

Most predictive techniques to examine MCNB price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for MCNB using various technical indicators. When you analyze MCNB charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About MCNB Banks Predictive Indicators

The successful prediction of MCNB Banks stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as MCNB Banks, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of MCNB Banks based on analysis of MCNB Banks hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to MCNB Banks's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to MCNB Banks's related companies.

Pair Trading with MCNB Banks

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 MCNB Banks 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 MCNB Banks will appreciate offsetting losses from the drop in the long position's value.

Moving together with MCNB Pink Sheet

  0.67CIHHF China Merchants BankPairCorr
  0.61FITBP Fifth Third BancorpPairCorr
  0.61BBDC4 Banco Bradesco SAPairCorr
  0.76MFG Mizuho FinancialPairCorr

Moving against MCNB Pink Sheet

  0.76ROBOF RoboGroup TEKPairCorr
  0.74HDB HDFC Bank LimitedPairCorr
  0.7EQC Equity CommonwealthPairCorr
  0.55CIHKY China Merchants BankPairCorr
  0.42CDIV Cascadia InvestmentsPairCorr
The ability to find closely correlated positions to MCNB Banks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MCNB Banks 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 MCNB Banks - 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 MCNB Banks to buy it.
The correlation of MCNB Banks 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 MCNB Banks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MCNB Banks 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 MCNB Banks 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in MCNB Pink Sheet

MCNB Banks financial ratios help investors to determine whether MCNB Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MCNB with respect to the benefits of owning MCNB Banks security.