Magyar Bancorp Stock Price Prediction

MGYR Stock  USD 14.18  0.27  1.94%   
The relative strength index (RSI) of Magyar Bancorp's share price is above 70 as of today. This indicates that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Magyar, making its price go up or down.

Oversold Vs Overbought

75

 
Oversold
 
Overbought
The successful prediction of Magyar Bancorp's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Magyar Bancorp and does not consider all of the tangible or intangible factors available from Magyar Bancorp's fundamental data. We analyze noise-free headlines and recent hype associated with Magyar Bancorp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Magyar Bancorp's stock price prediction:
Quarterly Earnings Growth
0.207
Wall Street Target Price
13
Quarterly Revenue Growth
0.185
Using Magyar Bancorp hype-based prediction, you can estimate the value of Magyar Bancorp from the perspective of Magyar Bancorp response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Magyar Bancorp to buy its stock at a price that has no basis in reality. In that case, they are not buying Magyar because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Magyar Bancorp after-hype prediction price

    
  USD 14.18  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Magyar Bancorp Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Magyar Stock, please use our How to Invest in Magyar Bancorp guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Magyar Bancorp'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.
Intrinsic
Valuation
LowRealHigh
12.7616.1217.08
Details
Naive
Forecast
LowNextHigh
13.4514.4115.36
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.5813.3714.16
Details

Magyar Bancorp After-Hype Price Prediction Density Analysis

As far as predicting the price of Magyar Bancorp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Magyar Bancorp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Magyar Bancorp, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Magyar Bancorp Estimiated After-Hype Price Volatility

In the context of predicting Magyar Bancorp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Magyar Bancorp's historical news coverage. Magyar Bancorp's after-hype downside and upside margins for the prediction period are 13.22 and 15.14, respectively. We have considered Magyar Bancorp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
14.18
14.18
After-hype Price
15.14
Upside
Magyar Bancorp is very steady at this time. Analysis and calculation of next after-hype price of Magyar Bancorp is based on 3 months time horizon.

Magyar Bancorp Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Magyar Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magyar Bancorp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Magyar Bancorp, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.24 
0.96
 0.00  
  0.01 
8 Events / Month
6 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
14.18
14.18
0.00 
9,600  
Notes

Magyar Bancorp Hype Timeline

Magyar Bancorp is now traded for 14.18. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. Magyar is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is now at 0.24%. %. The volatility of related hype on Magyar Bancorp is about 1630.19%, with the expected price after the next announcement by competition of 14.17. About 18.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.82. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Magyar Bancorp last dividend was issued on the 14th of November 2024. The entity had 1221:1000 split on the 15th of July 2021. Given the investment horizon of 90 days the next anticipated press release will be in about 8 days.
Check out Magyar Bancorp Basic Forecasting Models to cross-verify your projections.
To learn how to invest in Magyar Stock, please use our How to Invest in Magyar Bancorp guide.

Magyar Bancorp Related Hype Analysis

Having access to credible news sources related to Magyar Bancorp's direct competition is more important than ever and may enhance your ability to predict Magyar Bancorp's future price movements. Getting to know how Magyar Bancorp's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Magyar Bancorp may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
HVBCHV Bancorp(0.52)3 per month 2.03  0.09  2.68 (4.11) 18.63 
HMNFHMN Financial(0.15)6 per month 1.85  0.11  4.29 (3.19) 13.15 
OFEDOconee Federal Financial 0.00 0 per month 0.00 (0.13) 3.48 (5.28) 12.66 
CULLCullman Bancorp 0.01 7 per month 0.00 (0.30) 1.18 (1.64) 4.73 
HFBLHome Federal Bancorp 0.00 5 per month 0.00 (0.09) 3.75 (4.31) 17.43 
CWBCCommunity West Bancshares(0.08)10 per month 1.12 (0.0005) 2.53 (2.16) 9.14 
FFNWFirst Financial Northwest(0.12)6 per month 0.00 (0.18) 1.36 (1.13) 4.32 
FNWBFirst Northwest Bancorp(0.15)10 per month 1.75 (0.02) 4.11 (2.82) 14.21 
FCAPFirst Capital 0.48 8 per month 2.02 (0.01) 6.30 (4.11) 14.42 

Magyar Bancorp Additional Predictive Modules

Most predictive techniques to examine Magyar price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Magyar using various technical indicators. When you analyze Magyar charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Magyar Bancorp Predictive Indicators

The successful prediction of Magyar Bancorp stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Magyar Bancorp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Magyar Bancorp based on analysis of Magyar Bancorp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Magyar Bancorp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Magyar Bancorp's related companies.
 2021 2022 2023 2024 (projected)
PTB Ratio0.860.630.721.09
Price To Sales Ratio364.922.171.491.42

Story Coverage note for Magyar Bancorp

The number of cover stories for Magyar Bancorp depends on current market conditions and Magyar Bancorp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Magyar Bancorp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Magyar Bancorp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Magyar Bancorp Short Properties

Magyar Bancorp's future price predictability will typically decrease when Magyar Bancorp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Magyar Bancorp often depends not only on the future outlook of the potential Magyar Bancorp'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. Magyar Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding6.3 M
Dividends Paid1.3 M
Forward Annual Dividend Rate0.2
Shares Float5.2 M

Additional Tools for Magyar Stock Analysis

When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp'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 Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.