Connectone Bancorp Stock Price Prediction

CNOB Stock  USD 27.83  0.58  2.13%   
The relative strength index (RSI) of ConnectOne Bancorp's the stock price is about 64 suggesting that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling ConnectOne, making its price go up or down.

Oversold Vs Overbought

64

 
Oversold
 
Overbought
The successful prediction of ConnectOne Bancorp's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with ConnectOne Bancorp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting ConnectOne Bancorp's stock price prediction:
Quarterly Earnings Growth
(0.20)
EPS Estimate Next Quarter
0.46
EPS Estimate Current Year
1.7167
EPS Estimate Next Year
2.2433
Wall Street Target Price
28
Using ConnectOne Bancorp hype-based prediction, you can estimate the value of ConnectOne Bancorp from the perspective of ConnectOne Bancorp 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 ConnectOne Bancorp to buy its stock at a price that has no basis in reality. In that case, they are not buying ConnectOne 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 stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

ConnectOne Bancorp after-hype prediction price

    
  USD 27.75  
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out ConnectOne Bancorp Basic Forecasting Models to cross-verify your projections.
For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.
Intrinsic
Valuation
LowRealHigh
22.1624.8830.61
Details
Naive
Forecast
LowNextHigh
24.6627.3830.10
Details
4 Analysts
Consensus
LowTargetHigh
20.7522.8025.31
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.430.430.43
Details

ConnectOne Bancorp After-Hype Price Prediction Density Analysis

As far as predicting the price of ConnectOne Bancorp 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 ConnectOne Bancorp 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 Stock prices, such as prices of ConnectOne Bancorp, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

ConnectOne Bancorp Estimiated After-Hype Price Volatility

In the context of predicting ConnectOne Bancorp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ConnectOne Bancorp's historical news coverage. ConnectOne Bancorp's after-hype downside and upside margins for the prediction period are 25.03 and 30.47, respectively. We have considered ConnectOne Bancorp's 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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
27.83
27.75
After-hype Price
30.47
Upside
ConnectOne Bancorp is not too volatile at this time. Analysis and calculation of next after-hype price of ConnectOne Bancorp is based on 3 months time horizon.

ConnectOne Bancorp Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as ConnectOne Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ConnectOne Bancorp 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 Stock 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 ConnectOne Bancorp, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.21 
2.72
  0.08 
  0.05 
6 Events / Month
13 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
27.83
27.75
0.29 
715.79  
Notes

ConnectOne Bancorp Hype Timeline

ConnectOne Bancorp is currently traded for 27.83. The entity has historical hype elasticity of -0.08, and average elasticity to hype of competition of -0.05. ConnectOne is estimated to decline in value after the next headline, with the price expected to drop to 27.75. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.29%, whereas the daily expected return is currently at 0.21%. The volatility of related hype on ConnectOne Bancorp is about 1058.88%, with the expected price after the next announcement by competition of 27.78. About 72.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.95. Some equities with similar Price to Book (P/B) outperform the market in the long run. ConnectOne Bancorp has Price/Earnings To Growth (PEG) ratio of 1.83. The entity last dividend was issued on the 15th of November 2024. The firm had 105:100 split on the 27th of April 2007. Given the investment horizon of 90 days the next estimated press release will be in about 6 days.
Check out ConnectOne Bancorp Basic Forecasting Models to cross-verify your projections.
For information on how to trade ConnectOne Stock refer to our How to Trade ConnectOne Stock guide.

ConnectOne Bancorp Related Hype Analysis

Having access to credible news sources related to ConnectOne Bancorp's direct competition is more important than ever and may enhance your ability to predict ConnectOne Bancorp's future price movements. Getting to know how ConnectOne Bancorp's 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 ConnectOne Bancorp 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
RBKBRhinebeck Bancorp(0.07)3 per month 1.13  0.08  4.15 (2.65) 9.98 
HBCPHome Bancorp(0.10)8 per month 1.75  0.09  3.76 (3.12) 12.98 
PKBKParke Bancorp(0.16)7 per month 0.96  0.11  2.75 (1.88) 9.72 
GSBCGreat Southern Bancorp(0.18)7 per month 1.72  0.04  3.56 (3.32) 19.09 
NBHCNational Bank Holdings 0.57 9 per month 1.62  0.05  3.29 (2.64) 17.64 
CWBCCommunity West Bancshares(0.12)10 per month 1.07  0.05  2.64 (2.16) 9.14 
FISIFinancial Institutions 0.41 8 per month 1.80  0.04  4.07 (3.22) 18.30 
KRNYKearny Financial Corp(0.22)7 per month 1.59  0.11  4.56 (3.47) 22.42 
HFWAHeritage Financial(0.44)8 per month 1.59  0.08  3.50 (2.26) 19.67 
FNWBFirst Northwest Bancorp(0.15)10 per month 1.70  0.01  4.11 (2.82) 14.21 
HTBIHomeTrust Bancshares(0.11)4 per month 1.64  0.03  3.05 (3.47) 18.54 
LSBKLake Shore Bancorp 0.00 5 per month 1.25  0.03  3.69 (2.95) 8.55 
LNKBLINKBANCORP(0.09)6 per month 1.52  0.08  4.29 (2.70) 10.82 
CCBCoastal Financial Corp(3.74)10 per month 1.38  0.22  5.04 (2.69) 14.24 
FNWDFinward Bancorp 0.59 8 per month 0.75  0.04  2.48 (1.80) 12.55 
CFBCrossFirst Bankshares(0.30)10 per month 1.71 (0.02) 3.90 (3.00) 18.20 

ConnectOne Bancorp Additional Predictive Modules

Most predictive techniques to examine ConnectOne price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ConnectOne using various technical indicators. When you analyze ConnectOne 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 ConnectOne Bancorp Predictive Indicators

The successful prediction of ConnectOne Bancorp 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 ConnectOne Bancorp, 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 ConnectOne Bancorp based on analysis of ConnectOne Bancorp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ConnectOne Bancorp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ConnectOne Bancorp's related companies.
 2022 2023 2024 (projected)
Dividend Yield0.0310.03580.0264
Price To Sales Ratio3.013.315.01

Story Coverage note for ConnectOne Bancorp

The number of cover stories for ConnectOne Bancorp depends on current market conditions and ConnectOne Bancorp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ConnectOne Bancorp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about ConnectOne Bancorp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

ConnectOne Bancorp Short Properties

ConnectOne Bancorp's future price predictability will typically decrease when ConnectOne Bancorp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ConnectOne Bancorp often depends not only on the future outlook of the potential ConnectOne Bancorp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ConnectOne Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding39 M
Cash And Short Term Investments678.6 M

Complementary Tools for ConnectOne Stock analysis

When running ConnectOne Bancorp's price analysis, check to measure ConnectOne 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 ConnectOne Bancorp is operating at the current time. Most of ConnectOne Bancorp's value examination focuses on studying past and present price action to predict the probability of ConnectOne 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 ConnectOne Bancorp's price. Additionally, you may evaluate how the addition of ConnectOne Bancorp to your portfolios can decrease your overall portfolio volatility.
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