Westamerica Bancorporation Stock Probability of Future Stock Price Finishing Under 56.12
| WABC Stock | USD 56.77 0.65 1.16% |
Closest to current price Westamerica long CALL Option Payoff at Expiration
Westamerica |
Westamerica Bancorporation Target Price Odds to finish below 56.12
The tendency of Westamerica 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 $ 56.12 or more in 90 days |
| 56.77 | 90 days | 56.12 | about 88.16 |
Based on a normal probability distribution, the odds of Westamerica Bancorporation to drop to $ 56.12 or more in 90 days from now is about 88.16 (This Westamerica Bancorporation probability density function shows the probability of Westamerica Stock to fall within a particular range of prices over 90 days) . Probability of Westamerica Bancorporation price to stay between $ 56.12 and its current price of $56.77 at the end of the 90-day period is under 4.
Given the investment horizon of 90 days the stock has the beta coefficient of 2.06 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Westamerica Bancorporation will likely underperform. Additionally Westamerica Bancorporation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Westamerica Bancorporation Price Density |
| Price |
Predictive Modules for Westamerica Bancorporation
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Westamerica Bancorporation. 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.Westamerica Bancorporation Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Westamerica Bancorporation is not an exception. The market had few large corrections towards the Westamerica Bancorporation'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 Westamerica Bancorporation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Westamerica Bancorporation within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 2.06 | |
σ | Overall volatility | 3.62 | |
Ir | Information ratio | 0.02 |
Westamerica Bancorporation 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 Westamerica Bancorporation for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Westamerica Bancorporation can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 78.0% of the company outstanding shares are owned by institutional investors | |
| On 15th of November 2024 Westamerica Bancorporation paid $ 0.44 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 15300 shares by Robert Baker of Westamerica Bancorporation at 49.7 subject to Rule 16b-3 |
Westamerica Bancorporation 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 Westamerica Stock often depends not only on the future outlook of the current and potential Westamerica Bancorporation'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. Westamerica Bancorporation's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.7 M | |
| Cash And Short Term Investments | 190.3 M |
Westamerica Bancorporation Technical Analysis
Westamerica Bancorporation's future price can be derived by breaking down and analyzing its technical indicators over time. Westamerica Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Westamerica Bancorporation. In general, you should focus on analyzing Westamerica Stock price patterns and their correlations with different microeconomic environments and drivers.
Westamerica Bancorporation Predictive Forecast Models
Westamerica Bancorporation's time-series forecasting models is one of many Westamerica Bancorporation'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 Westamerica Bancorporation'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 Westamerica Bancorporation
Checking the ongoing alerts about Westamerica Bancorporation for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Westamerica Bancorporation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 78.0% of the company outstanding shares are owned by institutional investors | |
| On 15th of November 2024 Westamerica Bancorporation paid $ 0.44 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Disposition of 15300 shares by Robert Baker of Westamerica Bancorporation at 49.7 subject to Rule 16b-3 |
Check out Westamerica Bancorporation Backtesting, Westamerica Bancorporation Valuation, Westamerica Bancorporation Correlation, Westamerica Bancorporation Hype Analysis, Westamerica Bancorporation Volatility, Westamerica Bancorporation History as well as Westamerica Bancorporation Performance. For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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 Westamerica Bancorporation. If investors know Westamerica 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 Westamerica Bancorporation 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 (0.16) | Dividend Share 1.76 | Earnings Share 5.49 | Revenue Per Share 11.398 | Quarterly Revenue Growth (0.10) |
The market value of Westamerica Bancorporation is measured differently than its book value, which is the value of Westamerica that is recorded on the company's balance sheet. Investors also form their own opinion of Westamerica Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Westamerica Bancorporation'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 Westamerica Bancorporation's market value can be influenced by many factors that don't directly affect Westamerica Bancorporation'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 Westamerica Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westamerica Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westamerica Bancorporation'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.