Coastal Financial Corp Stock Probability of Future Stock Price Finishing Over 64.51
| CCB Stock | USD 74.69 0.51 0.69% |
Coastal |
Coastal Financial Target Price Odds to finish over 64.51
The tendency of Coastal 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 stay above $ 64.51 in 90 days |
| 74.69 | 90 days | 64.51 | about 42.35 |
Based on a normal probability distribution, the odds of Coastal Financial to stay above $ 64.51 in 90 days from now is about 42.35 (This Coastal Financial Corp probability density function shows the probability of Coastal Stock to fall within a particular range of prices over 90 days) . Probability of Coastal Financial Corp price to stay between $ 64.51 and its current price of $74.69 at the end of the 90-day period is about 30.95 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.19 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Coastal Financial will likely underperform. Additionally Coastal Financial Corp has an alpha of 0.3742, implying that it can generate a 0.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Coastal Financial Price Density |
| Price |
Predictive Modules for Coastal Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Coastal Financial Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Coastal Financial'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.
Coastal Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Coastal Financial is not an exception. The market had few large corrections towards the Coastal Financial's 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 Coastal Financial Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Coastal Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | 2.19 | |
σ | Overall volatility | 10.05 | |
Ir | Information ratio | 0.21 |
Coastal Financial 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 Coastal Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Coastal Financial Corp 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 63.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Coastal Financial Corp Announces Public Offering of Common Stock |
Coastal Financial 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 Coastal Stock often depends not only on the future outlook of the current and potential Coastal Financial'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. Coastal Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.6 M | |
| Cash And Short Term Investments | 31.3 M |
Coastal Financial Technical Analysis
Coastal Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Coastal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Coastal Financial Corp. In general, you should focus on analyzing Coastal Stock price patterns and their correlations with different microeconomic environments and drivers.
Coastal Financial Predictive Forecast Models
Coastal Financial's time-series forecasting models is one of many Coastal Financial's 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 Coastal Financial's 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 Coastal Financial Corp
Checking the ongoing alerts about Coastal Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Coastal Financial Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 63.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Coastal Financial Corp Announces Public Offering of Common Stock |
Check out Coastal Financial Backtesting, Coastal Financial Valuation, Coastal Financial Correlation, Coastal Financial Hype Analysis, Coastal Financial Volatility, Coastal Financial History as well as Coastal Financial Performance. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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 Coastal Financial. If investors know Coastal 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 Coastal Financial 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 0.293 | Earnings Share 2.98 | Revenue Per Share 21.247 | Quarterly Revenue Growth 0.179 | Return On Assets 0.0106 |
The market value of Coastal Financial Corp is measured differently than its book value, which is the value of Coastal that is recorded on the company's balance sheet. Investors also form their own opinion of Coastal Financial's value that differs from its market value or its book value, called intrinsic value, which is Coastal Financial'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 Coastal Financial's market value can be influenced by many factors that don't directly affect Coastal Financial'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 Coastal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coastal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coastal Financial'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.