Community Trust Bancorp Stock Probability of Future Stock Price Finishing Under 58.99
| CTBI Stock | USD 58.98 0.05 0.08% |
Community |
Community Trust Target Price Odds to finish below 58.99
The tendency of Community 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 under $ 58.99 after 90 days |
| 58.98 | 90 days | 58.99 | under 95 |
Based on a normal probability distribution, the odds of Community Trust to stay under $ 58.99 after 90 days from now is under 95 (This Community Trust Bancorp probability density function shows the probability of Community Stock to fall within a particular range of prices over 90 days) . Probability of Community Trust Bancorp price to stay between its current price of $ 58.98 and $ 58.99 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.26 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, Community Trust will likely underperform. Additionally Community Trust Bancorp has an alpha of 0.0382, implying that it can generate a 0.0382 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Community Trust Price Density |
| Price |
Predictive Modules for Community Trust
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Community Trust Bancorp. 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.Community Trust Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Community Trust is not an exception. The market had few large corrections towards the Community Trust'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 Community Trust Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Community Trust within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 2.26 | |
σ | Overall volatility | 4.35 | |
Ir | Information ratio | 0.07 |
Community Trust 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 Community Trust for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Community Trust Bancorp 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 64.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Acquisition by Andy Waters of 200 shares of Community Trust at 48.83 subject to Rule 16b-3 |
Community Trust 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 Community Stock often depends not only on the future outlook of the current and potential Community Trust'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. Community Trust's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.9 M | |
| Cash And Short Term Investments | 1.2 B |
Community Trust Technical Analysis
Community Trust's future price can be derived by breaking down and analyzing its technical indicators over time. Community Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Community Trust Bancorp. In general, you should focus on analyzing Community Stock price patterns and their correlations with different microeconomic environments and drivers.
Community Trust Predictive Forecast Models
Community Trust's time-series forecasting models is one of many Community Trust'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 Community Trust'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 Community Trust Bancorp
Checking the ongoing alerts about Community Trust for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Community Trust Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 64.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Acquisition by Andy Waters of 200 shares of Community Trust at 48.83 subject to Rule 16b-3 |
Check out Community Trust Backtesting, Community Trust Valuation, Community Trust Correlation, Community Trust Hype Analysis, Community Trust Volatility, Community Trust History as well as Community Trust Performance. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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 Community Trust. If investors know Community 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 Community Trust 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 0.07 | Dividend Share 1.85 | Earnings Share 4.4 | Revenue Per Share 12.645 | Quarterly Revenue Growth 0.057 |
The market value of Community Trust Bancorp is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community Trust's value that differs from its market value or its book value, called intrinsic value, which is Community Trust'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 Community Trust's market value can be influenced by many factors that don't directly affect Community Trust'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 Community Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Trust'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.