North Dallas Bank Stock Probability of Future Pink Sheet Price Finishing Under 45.05
| NODB Stock | USD 48.25 0.25 0.52% |
North |
North Dallas Target Price Odds to finish below 45.05
The tendency of North Pink Sheet 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 $ 45.05 or more in 90 days |
| 48.25 | 90 days | 45.05 | about 22.97 |
Based on a normal probability distribution, the odds of North Dallas to drop to $ 45.05 or more in 90 days from now is about 22.97 (This North Dallas Bank probability density function shows the probability of North Pink Sheet to fall within a particular range of prices over 90 days) . Probability of North Dallas Bank price to stay between $ 45.05 and its current price of $48.25 at the end of the 90-day period is about 73.8 .
Given the investment horizon of 90 days North Dallas has a beta of 0.0759. This indicates as returns on the market go up, North Dallas average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding North Dallas Bank will be expected to be much smaller as well. Additionally North Dallas Bank has an alpha of 0.1075, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). North Dallas Price Density |
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Predictive Modules for North Dallas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as North Dallas Bank. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 North Dallas' 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.
North Dallas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. North Dallas is not an exception. The market had few large corrections towards the North Dallas' 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 North Dallas Bank, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of North Dallas within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 1.22 | |
Ir | Information ratio | 0.01 |
North Dallas Technical Analysis
North Dallas' future price can be derived by breaking down and analyzing its technical indicators over time. North Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of North Dallas Bank. In general, you should focus on analyzing North Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
North Dallas Predictive Forecast Models
North Dallas' time-series forecasting models is one of many North Dallas' pink sheet 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 North Dallas' 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 pink sheet market movement and maximize returns from investment trading.
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 North Dallas 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, North Dallas' short interest history, or implied volatility extrapolated from North Dallas options trading.
Other Information on Investing in North Pink Sheet
North Dallas financial ratios help investors to determine whether North Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in North with respect to the benefits of owning North Dallas security.