Northrim Bancorp Stock Price Prediction
| NRIM Stock | USD 88.50 3.42 4.02% |
Oversold Vs Overbought
63
Oversold | Overbought |
Quarterly Earnings Growth 0.061 | EPS Estimate Next Quarter 1.23 | EPS Estimate Current Year 6.38 | EPS Estimate Next Year 7.96 | Wall Street Target Price 90 |
Using Northrim BanCorp hype-based prediction, you can estimate the value of Northrim BanCorp from the perspective of Northrim 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 Northrim BanCorp to buy its stock at a price that has no basis in reality. In that case, they are not buying Northrim 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.
Northrim BanCorp after-hype prediction price | USD 86.32 |
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.
Northrim |
Northrim BanCorp After-Hype Price Prediction Density Analysis
As far as predicting the price of Northrim 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 Northrim 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 Northrim BanCorp, with the unreliable approximations that try to describe financial returns.
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| Expected price to next headline |
Northrim BanCorp Estimiated After-Hype Price Volatility
In the context of predicting Northrim BanCorp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Northrim BanCorp's historical news coverage. Northrim BanCorp's after-hype downside and upside margins for the prediction period are 83.44 and 89.20, respectively. We have considered Northrim 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
Northrim BanCorp is very steady at this time. Analysis and calculation of next after-hype price of Northrim BanCorp is based on 3 months time horizon.
Northrim BanCorp Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Northrim BanCorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Northrim 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 Northrim BanCorp, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.49 | 2.90 | 2.32 | 0.02 | 8 Events / Month | 17 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
88.50 | 86.32 | 2.46 |
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Northrim BanCorp Hype Timeline
Northrim BanCorp is now traded for 88.50. The entity has historical hype elasticity of -2.32, and average elasticity to hype of competition of 0.02. Northrim is forecasted to decline in value after the next headline, with the price expected to drop to 86.32. The average volatility of media hype impact on the company price is about 61.31%. The price decrease on the next news is expected to be -2.46%, whereas the daily expected return is now at 0.49%. The volatility of related hype on Northrim BanCorp is about 9114.29%, with the expected price after the next announcement by competition of 88.52. About 73.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.87. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Northrim BanCorp recorded earning per share (EPS) of 5.86. The entity last dividend was issued on the 5th of September 2024. The firm had 105:100 split on the 19th of September 2007. Given the investment horizon of 90 days the next forecasted press release will be in about 8 days. Check out Northrim BanCorp Basic Forecasting Models to cross-verify your projections.Northrim BanCorp Related Hype Analysis
Having access to credible news sources related to Northrim BanCorp's direct competition is more important than ever and may enhance your ability to predict Northrim BanCorp's future price movements. Getting to know how Northrim 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 Northrim BanCorp may potentially react to the hype associated with one of its peers.
Northrim BanCorp Additional Predictive Modules
Most predictive techniques to examine Northrim price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Northrim using various technical indicators. When you analyze Northrim 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.| Cycle Indicators | ||
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About Northrim BanCorp Predictive Indicators
The successful prediction of Northrim 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 Northrim 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 Northrim BanCorp based on analysis of Northrim BanCorp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Northrim BanCorp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Northrim BanCorp's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0349 | 0.0336 | 0.0425 | 0.0446 | Price To Sales Ratio | 2.02 | 2.44 | 2.55 | 2.64 |
Story Coverage note for Northrim BanCorp
The number of cover stories for Northrim BanCorp depends on current market conditions and Northrim 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 Northrim 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 Northrim BanCorp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Northrim BanCorp Short Properties
Northrim BanCorp's future price predictability will typically decrease when Northrim BanCorp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Northrim BanCorp often depends not only on the future outlook of the potential Northrim 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. Northrim BanCorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.7 M | |
| Cash And Short Term Investments | 118.1 M |
Check out Northrim BanCorp Basic Forecasting Models to cross-verify your projections. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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 Northrim BanCorp. If investors know Northrim 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 Northrim BanCorp 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 0.061 | Dividend Share 2.46 | Earnings Share 5.86 | Revenue Per Share 25.726 | Quarterly Revenue Growth 0.157 |
The market value of Northrim BanCorp is measured differently than its book value, which is the value of Northrim that is recorded on the company's balance sheet. Investors also form their own opinion of Northrim BanCorp's value that differs from its market value or its book value, called intrinsic value, which is Northrim BanCorp'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 Northrim BanCorp's market value can be influenced by many factors that don't directly affect Northrim BanCorp'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 Northrim BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrim BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrim BanCorp'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.