Renasant Stock Statistic Functions Linear Regression

RNST Stock  USD 37.30  0.94  2.59%   
Renasant statistic functions tool provides the execution environment for running the Linear Regression function and other technical functions against Renasant. Renasant value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression function function is designed to identify and follow existing trends. Renasant statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Linear Regression model generates relationship between price series of Renasant and its peer or benchmark and helps predict Renasant future price from its past values.

Renasant Technical Analysis Modules

Most technical analysis of Renasant help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Renasant from various momentum indicators to cycle indicators. When you analyze Renasant 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 Renasant Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Renasant. We use our internally-developed statistical techniques to arrive at the intrinsic value of Renasant based on widely used predictive technical indicators. In general, we focus on analyzing Renasant Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Renasant's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Renasant's intrinsic value. In addition to deriving basic predictive indicators for Renasant, we also check how macroeconomic factors affect Renasant price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02350.02380.02660.0307
Price To Sales Ratio3.273.332.992.3
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Renasant'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.
Hype
Prediction
LowEstimatedHigh
34.9437.3039.66
Details
Intrinsic
Valuation
LowRealHigh
27.9130.2741.03
Details
Naive
Forecast
LowNextHigh
33.8336.1938.55
Details
7 Analysts
Consensus
LowTargetHigh
28.6731.5034.97
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Renasant in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Renasant's short interest history, or implied volatility extrapolated from Renasant options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Additional Tools for Renasant Stock Analysis

When running Renasant's price analysis, check to measure Renasant'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 Renasant is operating at the current time. Most of Renasant's value examination focuses on studying past and present price action to predict the probability of Renasant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renasant's price. Additionally, you may evaluate how the addition of Renasant to your portfolios can decrease your overall portfolio volatility.