Sandy Spring Bancorp Stock Probability of Future Stock Price Finishing Over 33.50
| SASR Stock | USD 37.91 0.15 0.40% |
Sandy |
Sandy Spring Target Price Odds to finish over 33.50
The tendency of Sandy 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 $ 33.50 in 90 days |
| 37.91 | 90 days | 33.50 | about 49.43 |
Based on a normal probability distribution, the odds of Sandy Spring to stay above $ 33.50 in 90 days from now is about 49.43 (This Sandy Spring Bancorp probability density function shows the probability of Sandy Stock to fall within a particular range of prices over 90 days) . Probability of Sandy Spring Bancorp price to stay between $ 33.50 and its current price of $37.91 at the end of the 90-day period is about 43.77 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.22 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sandy Spring will likely underperform. Additionally Sandy Spring Bancorp has an alpha of 0.0878, implying that it can generate a 0.0878 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sandy Spring Price Density |
| Price |
Predictive Modules for Sandy Spring
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sandy Spring 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sandy Spring'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.
Sandy Spring Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sandy Spring is not an exception. The market had few large corrections towards the Sandy Spring'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 Sandy Spring Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sandy Spring within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 2.22 | |
σ | Overall volatility | 2.81 | |
Ir | Information ratio | 0.09 |
Sandy Spring 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 Sandy Spring for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sandy Spring 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 74.0% of the company shares are owned by institutional investors | |
| On 21st of November 2024 Sandy Spring paid $ 0.34 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 296 shares by Obrien Joseph J Jr of Sandy Spring at 38.51 subject to Rule 16b-3 |
Sandy Spring 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 Sandy Stock often depends not only on the future outlook of the current and potential Sandy Spring'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. Sandy Spring's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44.9 M | |
| Cash And Short Term Investments | 82.3 M |
Sandy Spring Technical Analysis
Sandy Spring's future price can be derived by breaking down and analyzing its technical indicators over time. Sandy Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sandy Spring Bancorp. In general, you should focus on analyzing Sandy Stock price patterns and their correlations with different microeconomic environments and drivers.
Sandy Spring Predictive Forecast Models
Sandy Spring's time-series forecasting models is one of many Sandy Spring'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 Sandy Spring'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 Sandy Spring Bancorp
Checking the ongoing alerts about Sandy Spring for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sandy Spring Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 74.0% of the company shares are owned by institutional investors | |
| On 21st of November 2024 Sandy Spring paid $ 0.34 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 296 shares by Obrien Joseph J Jr of Sandy Spring at 38.51 subject to Rule 16b-3 |
Additional Tools for Sandy Stock Analysis
When running Sandy Spring's price analysis, check to measure Sandy Spring'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 Sandy Spring is operating at the current time. Most of Sandy Spring's value examination focuses on studying past and present price action to predict the probability of Sandy Spring's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandy Spring's price. Additionally, you may evaluate how the addition of Sandy Spring to your portfolios can decrease your overall portfolio volatility.