Third Century Bancorp Stock Probability of Future Pink Sheet Price Finishing Over 6.9
| TDCB Stock | USD 7.00 0.02 0.29% |
Third |
Third Century Target Price Odds to finish over 6.9
The tendency of Third 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 stay above $ 6.90 in 90 days |
| 7.00 | 90 days | 6.90 | about 77.91 |
Based on a normal probability distribution, the odds of Third Century to stay above $ 6.90 in 90 days from now is about 77.91 (This Third Century Bancorp probability density function shows the probability of Third Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Third Century Bancorp price to stay between $ 6.90 and its current price of $7.0 at the end of the 90-day period is about 12.94 .
Given the investment horizon of 90 days Third Century Bancorp has a beta of -0.45. This usually implies as returns on the benchmark increase, returns on holding Third Century are expected to decrease at a much lower rate. During a bear market, however, Third Century Bancorp is likely to outperform the market. Additionally Third Century Bancorp has an alpha of 0.0798, implying that it can generate a 0.0798 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Third Century Price Density |
| Price |
Predictive Modules for Third Century
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Third Century Bancorp. 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 Third Century'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.
Third Century Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Third Century is not an exception. The market had few large corrections towards the Third Century'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 Third Century Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Third Century within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.08 | |
β | Beta against NYSE Composite | -0.45 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | 0 |
Third Century 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 Third Century for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Third Century 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.| Third Century had very high historical volatility over the last 90 days |
Third Century 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 Third Pink Sheet often depends not only on the future outlook of the current and potential Third Century'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. Third Century's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0389 | |
| Forward Annual Dividend Rate | 0.4 | |
| Shares Float | 870.1 K |
Third Century Technical Analysis
Third Century's future price can be derived by breaking down and analyzing its technical indicators over time. Third Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Third Century Bancorp. In general, you should focus on analyzing Third Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Third Century Predictive Forecast Models
Third Century's time-series forecasting models is one of many Third Century's 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 Third Century'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Third Century Bancorp
Checking the ongoing alerts about Third Century for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Third Century Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Third Century had very high historical volatility over the last 90 days |
Check out Third Century Backtesting, Third Century Valuation, Third Century Correlation, Third Century Hype Analysis, Third Century Volatility, Third Century History as well as Third Century Performance. Note that the Third Century Bancorp information on this page should be used as a complementary analysis to other Third Century's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Third Pink Sheet analysis
When running Third Century's price analysis, check to measure Third Century'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 Third Century is operating at the current time. Most of Third Century's value examination focuses on studying past and present price action to predict the probability of Third Century's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Third Century's price. Additionally, you may evaluate how the addition of Third Century to your portfolios can decrease your overall portfolio volatility.
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