Affinity Bancshares Stock Probability of Future Stock Price Finishing Under 21.32
| AFBI Stock | USD 21.67 0.17 0.79% |
Affinity |
Affinity Bancshares Target Price Odds to finish below 21.32
The tendency of Affinity Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 21.32 or more in 90 days |
| 21.67 | 90 days | 21.32 | about 14.81 |
Based on a normal probability distribution, the odds of Affinity Bancshares to drop to $ 21.32 or more in 90 days from now is about 14.81 (This Affinity Bancshares probability density function shows the probability of Affinity Stock to fall within a particular range of prices over 90 days) . Probability of Affinity Bancshares price to stay between $ 21.32 and its current price of $21.67 at the end of the 90-day period is about 81.37 .
Given the investment horizon of 90 days Affinity Bancshares has a beta of -0.16. This suggests as returns on the benchmark increase, returns on holding Affinity Bancshares are expected to decrease at a much lower rate. During a bear market, however, Affinity Bancshares is likely to outperform the market. Additionally Affinity Bancshares has an alpha of 0.0354, implying that it can generate a 0.0354 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Affinity Bancshares Price Density |
| Price |
Predictive Modules for Affinity Bancshares
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Affinity Bancshares. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Affinity Bancshares Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Affinity Bancshares is not an exception. The market had few large corrections towards the Affinity Bancshares' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Affinity Bancshares, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Affinity Bancshares within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.2 |
Affinity Bancshares Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Affinity Bancshares for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Affinity Bancshares can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 29.0% of the company shares are held by company insiders | |
| Latest headline from simplywall.st: Dont Ignore The Insider Selling In Affinity Bancshares |
Affinity Bancshares Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Affinity Stock often depends not only on the future outlook of the current and potential Affinity Bancshares' 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. Affinity Bancshares' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.6 M | |
| Cash And Short Term Investments | 50 M |
Affinity Bancshares Technical Analysis
Affinity Bancshares' future price can be derived by breaking down and analyzing its technical indicators over time. Affinity Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Affinity Bancshares. In general, you should focus on analyzing Affinity Stock price patterns and their correlations with different microeconomic environments and drivers.
Affinity Bancshares Predictive Forecast Models
Affinity Bancshares' time-series forecasting models is one of many Affinity Bancshares' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Affinity Bancshares' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Affinity Bancshares
Checking the ongoing alerts about Affinity Bancshares for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Affinity Bancshares help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 29.0% of the company shares are held by company insiders | |
| Latest headline from simplywall.st: Dont Ignore The Insider Selling In Affinity Bancshares |
Check out Affinity Bancshares Backtesting, Affinity Bancshares Valuation, Affinity Bancshares Correlation, Affinity Bancshares Hype Analysis, Affinity Bancshares Volatility, Affinity Bancshares History as well as Affinity Bancshares Performance. For more detail on how to invest in Affinity Stock please use our How to Invest in Affinity Bancshares guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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 Affinity Bancshares. If investors know Affinity 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 Affinity Bancshares 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 0.04 | Earnings Share 0.85 | Revenue Per Share 4.772 | Quarterly Revenue Growth 0.06 | Return On Assets 0.0065 |
The market value of Affinity Bancshares is measured differently than its book value, which is the value of Affinity that is recorded on the company's balance sheet. Investors also form their own opinion of Affinity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Affinity Bancshares' 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 Affinity Bancshares' market value can be influenced by many factors that don't directly affect Affinity Bancshares' 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 Affinity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affinity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affinity Bancshares' 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.