Trustco Bank Corp Stock Price Prediction
| TRST Stock | USD 37.24 0.32 0.85% |
Oversold Vs Overbought
63
Oversold | Overbought |
Quarterly Earnings Growth (0.12) | Wall Street Target Price 26 | Quarterly Revenue Growth (0.08) |
Using TrustCo Bank hype-based prediction, you can estimate the value of TrustCo Bank Corp from the perspective of TrustCo Bank 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 TrustCo Bank to buy its stock at a price that has no basis in reality. In that case, they are not buying TrustCo 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.
TrustCo Bank after-hype prediction price | USD 37.24 |
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.
TrustCo |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TrustCo Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
TrustCo Bank After-Hype Price Prediction Density Analysis
As far as predicting the price of TrustCo Bank 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 TrustCo Bank 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 TrustCo Bank, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
TrustCo Bank Estimiated After-Hype Price Volatility
In the context of predicting TrustCo Bank's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TrustCo Bank's historical news coverage. TrustCo Bank's after-hype downside and upside margins for the prediction period are 34.98 and 39.50, respectively. We have considered TrustCo Bank'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
TrustCo Bank is very steady at this time. Analysis and calculation of next after-hype price of TrustCo Bank Corp is based on 3 months time horizon.
TrustCo Bank Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as TrustCo Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TrustCo Bank 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 TrustCo Bank, 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 |
0.17 | 2.26 | 0.00 | 0.02 | 6 Events / Month | 19 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
37.24 | 37.24 | 0.00 |
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TrustCo Bank Hype Timeline
TrustCo Bank Corp is at this time traded for 37.24. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.02. TrustCo is projected 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 projected to be very small, whereas the daily expected return is at this time at 0.17%. %. The volatility of related hype on TrustCo Bank is about 1927.13%, with the expected price after the next announcement by competition of 37.26. About 75.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.07. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TrustCo Bank Corp last dividend was issued on the 6th of September 2024. The entity had 1:5 split on the 28th of May 2021. Given the investment horizon of 90 days the next projected press release will be in about 6 days. Check out TrustCo Bank Basic Forecasting Models to cross-verify your projections.TrustCo Bank Related Hype Analysis
Having access to credible news sources related to TrustCo Bank's direct competition is more important than ever and may enhance your ability to predict TrustCo Bank's future price movements. Getting to know how TrustCo Bank'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 TrustCo Bank may potentially react to the hype associated with one of its peers.
TrustCo Bank Additional Predictive Modules
Most predictive techniques to examine TrustCo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TrustCo using various technical indicators. When you analyze TrustCo 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 TrustCo Bank Predictive Indicators
The successful prediction of TrustCo Bank 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 TrustCo Bank Corp, 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 TrustCo Bank based on analysis of TrustCo Bank hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to TrustCo Bank's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to TrustCo Bank's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.041 | 0.0375 | 0.0464 | 0.0473 | Price To Sales Ratio | 3.6 | 3.79 | 3.11 | 4.0 |
Story Coverage note for TrustCo Bank
The number of cover stories for TrustCo Bank depends on current market conditions and TrustCo Bank's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that TrustCo Bank 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 TrustCo Bank'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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TrustCo Bank Short Properties
TrustCo Bank's future price predictability will typically decrease when TrustCo Bank's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of TrustCo Bank Corp often depends not only on the future outlook of the potential TrustCo Bank'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. TrustCo Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19 M | |
| Cash And Short Term Investments | 578 M |
Additional Tools for TrustCo Stock Analysis
When running TrustCo Bank's price analysis, check to measure TrustCo Bank'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 TrustCo Bank is operating at the current time. Most of TrustCo Bank's value examination focuses on studying past and present price action to predict the probability of TrustCo Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrustCo Bank's price. Additionally, you may evaluate how the addition of TrustCo Bank to your portfolios can decrease your overall portfolio volatility.