Westamerica Bancorporation Stock Price Prediction

WABC Stock  USD 48.81  1.55  3.28%   
At the present time, The relative strength index (RSI) of Westamerica Bancorporation's share price is at 50. This entails that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Westamerica Bancorporation, making its price go up or down.

Oversold Vs Overbought

50

 
Oversold
 
Overbought
Westamerica Bancorporation stock price prediction is an act of determining the future value of Westamerica Bancorporation shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Westamerica Bancorporation'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 Westamerica Bancorporation and does not consider all of the tangible or intangible factors available from Westamerica Bancorporation's fundamental data. We analyze noise-free headlines and recent hype associated with Westamerica Bancorporation, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Westamerica Bancorporation's stock price prediction:
Quarterly Earnings Growth
0.012
EPS Estimate Next Quarter
1.39
EPS Estimate Current Year
5.32
EPS Estimate Next Year
4.72
Wall Street Target Price
58
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Westamerica Bancorporation based on different types of headlines from major news networks to social media. The Westamerica stock price prediction module provides an analysis of price elasticity to changes in media outlook on Westamerica Bancorporation over a specific investment horizon. Using Westamerica Bancorporation hype-based prediction, you can estimate the value of Westamerica Bancorporation from the perspective of Westamerica Bancorporation response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Westamerica Bancorporation using Westamerica Bancorporation's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Westamerica using crowd psychology based on the activity and movement of Westamerica Bancorporation's stock price.

Westamerica Bancorporation Short Interest

A significant increase or decrease in Westamerica Bancorporation's short interest from the previous month could be a good indicator of investor sentiment towards Westamerica. Short interest can provide insight into the potential direction of Westamerica Bancorporation stock and how bullish or bearish investors feel about the market overall. An investor who is long Westamerica Bancorporation may also wish to track short interest. As short interest increases, investors should be becoming more worried about Westamerica Bancorporation and may potentially protect profits, hedge Westamerica Bancorporation with its derivative instruments, or be ready for some potential downside.
200 Day MA
47.0105
Short Percent
0.02
Short Ratio
2.33
Shares Short Prior Month
367.9 K
50 Day MA
47.2896

Westamerica Bancorporation Hype to Price Pattern

Investor biases related to Westamerica Bancorporation's public news can be used to forecast risks associated with an investment in Westamerica. The trend in average sentiment can be used to explain how an investor holding Westamerica can time the market purely based on public headlines and social activities around Westamerica Bancorporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Westamerica Bancorporation's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Westamerica Bancorporation.

Westamerica Bancorporation Implied Volatility

    
  0.0  
Westamerica Bancorporation's implied volatility exposes the market's sentiment of Westamerica Bancorporation stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Westamerica Bancorporation's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Westamerica Bancorporation stock will not fluctuate a lot when Westamerica Bancorporation's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Westamerica Bancorporation. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Westamerica Bancorporation to buy its stock at a price that has no basis in reality. In that case, they are not buying Westamerica 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.

Westamerica Bancorporation after-hype prediction price

    
  USD 48.64  
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.

Prediction based on Rule 16 of the current Westamerica contract

Based on the Rule 16, the options market is currently suggesting that Westamerica Bancorporation will have an average daily up or down price movement of about 0.0% per day over the life of the 2024-04-19 option contract. With Westamerica Bancorporation trading at USD 48.81, that is roughly USD 0.0 . If you think that the market is fully incorporating Westamerica Bancorporation's daily price movement you should consider acquiring Westamerica Bancorporation options at the current volatility level of 0.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out Westamerica Bancorporation Basic Forecasting Models to cross-verify your projections.
For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Westamerica Bancorporation'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
43.9352.0753.93
Details
Naive
Forecast
LowNextHigh
47.2449.1050.96
Details
3 Analysts
Consensus
LowTargetHigh
49.7554.6760.68
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.341.371.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Westamerica Bancorporation. Your research has to be compared to or analyzed against Westamerica Bancorporation's peers to derive any actionable benefits. When done correctly, Westamerica Bancorporation's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Westamerica Bancorporation.

Westamerica Bancorporation After-Hype Price Prediction Density Analysis

As far as predicting the price of Westamerica Bancorporation 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 Westamerica Bancorporation 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 Westamerica Bancorporation, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Westamerica Bancorporation Estimiated After-Hype Price Volatility

In the context of predicting Westamerica Bancorporation's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Westamerica Bancorporation's historical news coverage. Westamerica Bancorporation's after-hype downside and upside margins for the prediction period are 46.78 and 50.50, respectively. We have considered Westamerica Bancorporation'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
48.81
48.64
After-hype Price
50.50
Upside
Westamerica Bancorporation is very steady at this time. Analysis and calculation of next after-hype price of Westamerica Bancorporation is based on 3 months time horizon.

Westamerica Bancorporation Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Westamerica Bancorporation is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Westamerica Bancorporation 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 Westamerica Bancorporation, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.20 
1.86
  0.17 
  0.01 
6 Events / Month
1 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
48.81
48.64
0.35 
224.10  
Notes

Westamerica Bancorporation Hype Timeline

Westamerica Bancorporation is at this time traded for 48.81. The entity has historical hype elasticity of -0.17, and average elasticity to hype of competition of 0.01. Westamerica is forecasted to decline in value after the next headline, with the price expected to drop to 48.64. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.35%, whereas the daily expected return is at this time at -0.2%. The volatility of related hype on Westamerica Bancorporation is about 4428.57%, with the expected price after the next announcement by competition of 48.82. About 77.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.63. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Westamerica Bancorporation recorded earning per share (EPS) of 6.06. The entity last dividend was issued on the 2nd of February 2024. The firm had 3:1 split on the 26th of February 1998. Given the investment horizon of 90 days the next forecasted press release will be in about 6 days.
Check out Westamerica Bancorporation Basic Forecasting Models to cross-verify your projections.
For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.

Westamerica Bancorporation Related Hype Analysis

Having access to credible news sources related to Westamerica Bancorporation's direct competition is more important than ever and may enhance your ability to predict Westamerica Bancorporation's future price movements. Getting to know how Westamerica Bancorporation rivals 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 Westamerica Bancorporation may potentially react to the hype associated with one of its peers.

Westamerica Bancorporation Additional Predictive Modules

Most predictive techniques to examine Westamerica price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Westamerica using various technical indicators. When you analyze Westamerica 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 Westamerica Bancorporation Predictive Indicators

The successful prediction of Westamerica Bancorporation 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 Westamerica Bancorporation, 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 Westamerica Bancorporation based on analysis of Westamerica Bancorporation hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Westamerica Bancorporation's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Westamerica Bancorporation's related companies.
 2021 2022 2023 2024 (projected)
Price Earnings Ratio17.9213.019.3113.95
Short Term Coverage Ratios0.581.792.462.59

Story Coverage note for Westamerica Bancorporation

The number of cover stories for Westamerica Bancorporation depends on current market conditions and Westamerica Bancorporation's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Westamerica Bancorporation 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 Westamerica Bancorporation's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Westamerica Bancorporation Short Properties

Westamerica Bancorporation's future price predictability will typically decrease when Westamerica Bancorporation's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Westamerica Bancorporation often depends not only on the future outlook of the 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 Outstanding26.7 M
Cash And Short Term Investments190.3 M
When determining whether Westamerica Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westamerica Bancorporation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Westamerica Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westamerica Bancorporation Stock:
Check out Westamerica Bancorporation Basic Forecasting Models to cross-verify your projections.
For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.
Note that the Westamerica Bancorporation information on this page should be used as a complementary analysis to other Westamerica Bancorporation'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Westamerica Bancorporation's price analysis, check to measure Westamerica Bancorporation'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 Westamerica Bancorporation is operating at the current time. Most of Westamerica Bancorporation's value examination focuses on studying past and present price action to predict the probability of Westamerica Bancorporation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westamerica Bancorporation's price. Additionally, you may evaluate how the addition of Westamerica Bancorporation to your portfolios can decrease your overall portfolio volatility.
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Is Westamerica Bancorporation's industry 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
0.012
Dividend Share
1.72
Earnings Share
6.06
Revenue Per Share
12.153
Quarterly Revenue Growth
0.015
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.