Byline Bancorp Stock Probability of Future Stock Price Finishing Over 18.26

BY Stock  USD 21.61  1.15  5.62%   
Byline Bancorp's implied volatility is one of the determining factors in the pricing options written on Byline Bancorp. Implied volatility approximates the future value of Byline Bancorp based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Byline Bancorp over a specific time period. For example, 2024-04-19 CALL at $20.0 is a CALL option contract on Byline Bancorp's common stock with a strick price of 20.0 expiring on 2024-04-19. The contract was last traded on 2024-03-05 at 11:49:29 for $1.85 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $1.05, and an ask price of $1.6. The implied volatility as of the 28th of March is 34.44. View All Byline options

Closest to current price Byline long CALL Option Payoff at Expiration

Byline Bancorp's future price is the expected price of Byline Bancorp instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Byline Bancorp performance during a given time horizon utilizing its historical volatility. Check out Byline Bancorp Backtesting, Byline Bancorp Valuation, Byline Bancorp Correlation, Byline Bancorp Hype Analysis, Byline Bancorp Volatility, Byline Bancorp History as well as Byline Bancorp Performance.
For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.
  
At this time, Byline Bancorp's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 1.35 in 2024, whereas Price Earnings Ratio is likely to drop 6.62 in 2024. Please specify Byline Bancorp's target price for which you would like Byline Bancorp odds to be computed.

Byline Bancorp Target Price Odds to finish over 18.26

The tendency of Byline 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 PriceHorizonTarget PriceOdds to stay above $ 18.26  in 90 days
 21.61 90 days 18.26 
close to 99
Based on a normal probability distribution, the odds of Byline Bancorp to stay above $ 18.26  in 90 days from now is close to 99 (This Byline Bancorp probability density function shows the probability of Byline Stock to fall within a particular range of prices over 90 days) . Probability of Byline Bancorp price to stay between $ 18.26  and its current price of $21.61 at the end of the 90-day period is about 46.39 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 1.5 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Byline Bancorp will likely underperform. Additionally Byline Bancorp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Byline Bancorp Price Density   
       Price  

Predictive Modules for Byline Bancorp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Byline 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 Byline 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.
Hype
Prediction
LowEstimatedHigh
20.1321.6023.07
Details
Intrinsic
Valuation
LowRealHigh
19.4523.2324.70
Details
Naive
Forecast
LowNextHigh
19.4620.9322.40
Details
5 Analysts
Consensus
LowTargetHigh
22.5724.8027.53
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Byline Bancorp. Your research has to be compared to or analyzed against Byline Bancorp's peers to derive any actionable benefits. When done correctly, Byline Bancorp'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 Byline Bancorp.

Byline Bancorp Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Byline Bancorp is not an exception. The market had few large corrections towards the Byline Bancorp'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 Byline Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Byline Bancorp within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.33
β
Beta against NYSE Composite1.50
σ
Overall volatility
1.15
Ir
Information ratio -0.17

Byline Bancorp 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 Byline Bancorp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Byline 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.
Byline Bancorp generated a negative expected return over the last 90 days
About 34.0% of the company shares are held by company insiders
On 20th of February 2024 Byline Bancorp paid $ 0.09 per share dividend to its current shareholders
Latest headline from news.google.com: Alps Advisors Inc. Boosts Stake in Byline Bancorp, Inc. - Defense World

Byline Bancorp 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 Byline Stock often depends not only on the future outlook of the current and potential Byline 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. Byline Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding40.4 M
Cash And Short Term Investments226.1 M

Byline Bancorp Technical Analysis

Byline Bancorp's future price can be derived by breaking down and analyzing its technical indicators over time. Byline Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Byline Bancorp. In general, you should focus on analyzing Byline Stock price patterns and their correlations with different microeconomic environments and drivers.

Byline Bancorp Predictive Forecast Models

Byline Bancorp's time-series forecasting models is one of many Byline Bancorp'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 Byline Bancorp'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 Byline Bancorp

Checking the ongoing alerts about Byline Bancorp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Byline Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Byline Bancorp generated a negative expected return over the last 90 days
About 34.0% of the company shares are held by company insiders
On 20th of February 2024 Byline Bancorp paid $ 0.09 per share dividend to its current shareholders
Latest headline from news.google.com: Alps Advisors Inc. Boosts Stake in Byline Bancorp, Inc. - Defense World
When determining whether Byline Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Byline Bancorp'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 Byline Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Byline Bancorp Stock:
Check out Byline Bancorp Backtesting, Byline Bancorp Valuation, Byline Bancorp Correlation, Byline Bancorp Hype Analysis, Byline Bancorp Volatility, Byline Bancorp History as well as Byline Bancorp Performance.
For more information on how to buy Byline Stock please use our How to Invest in Byline Bancorp guide.
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When running Byline Bancorp's price analysis, check to measure Byline 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 Byline Bancorp is operating at the current time. Most of Byline Bancorp's value examination focuses on studying past and present price action to predict the probability of Byline 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 Byline Bancorp's price. Additionally, you may evaluate how the addition of Byline Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Byline Bancorp'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 Byline Bancorp. If investors know Byline 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 Byline Bancorp 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
0.13
Dividend Share
0.36
Earnings Share
2.67
Revenue Per Share
8.822
Quarterly Revenue Growth
0.164
The market value of Byline Bancorp is measured differently than its book value, which is the value of Byline that is recorded on the company's balance sheet. Investors also form their own opinion of Byline Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Byline Bancorp'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 Byline Bancorp's market value can be influenced by many factors that don't directly affect Byline Bancorp'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 Byline Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Byline Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Byline Bancorp'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.