National Bank Of Stock Price Prediction
| NA Stock | CAD 113.55 0.92 0.82% |
Oversold Vs Overbought
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Oversold | Overbought |
National Bank stock price prediction is an act of determining the future value of National Bank shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of National Bank'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 National Bank and does not consider all of the tangible or intangible factors available from National Bank's fundamental data. We analyze noise-free headlines and recent hype associated with National Bank of, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting National Bank's stock price prediction:Quarterly Earnings Growth 0.049 | EPS Estimate Current Year 9.88 | EPS Estimate Next Year 10.31 | Wall Street Target Price 112.42 | EPS Estimate Current Quarter 2.36 |
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 National Bank based on different types of headlines from major news networks to social media. The National stock price prediction module provides an analysis of price elasticity to changes in media outlook on National Bank over a specific investment horizon. Using National Bank hype-based prediction, you can estimate the value of National Bank of from the perspective of National Bank response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in National Bank. 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 National Bank to buy its stock at a price that has no basis in reality. In that case, they are not buying National 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.
National Bank after-hype prediction price | CAD 113.08 |
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.
National |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of National Bank'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.
National Bank After-Hype Price Prediction Density Analysis
As far as predicting the price of National Bank 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 National Bank 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 National Bank, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
National Bank Estimiated After-Hype Price Volatility
In the context of predicting National Bank's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on National Bank's historical news coverage. National Bank's after-hype downside and upside margins for the prediction period are 112.37 and 113.79, respectively. We have considered National Bank'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
National Bank is very steady at this time. Analysis and calculation of next after-hype price of National Bank is based on 3 months time horizon.
National Bank Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as National Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading National Bank 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 National Bank, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.20 | 0.71 | 0.47 | 0.22 | 5 Events / Month | 1 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
113.55 | 113.08 | 0.41 |
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National Bank Hype Timeline
National Bank is now traded for 113.55on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.47, and average elasticity to hype of competition of -0.22. National is anticipated to decline in value after the next headline, with the price expected to drop to 113.08. The average volatility of media hype impact on the company price is about 30.47%. The price reduction on the next news is expected to be -0.41%, whereas the daily expected return is now at 0.2%. The volatility of related hype on National Bank is about 65.62%, with the expected price after the next announcement by competition of 113.33. About 34.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.69. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. National Bank recorded earning per share (EPS) of 9.5. The entity last dividend was issued on the 5th of April 2024. The firm had 2:1 split on the 14th of February 2014. Assuming the 90 days horizon the next anticipated press release will be in about 5 days. Check out National Bank Basic Forecasting Models to cross-verify your projections.National Bank Related Hype Analysis
Having access to credible news sources related to National Bank's direct competition is more important than ever and may enhance your ability to predict National Bank's future price movements. Getting to know how National Bank'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 National Bank may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CM | Canadian Imperial Bank | (0.63) | 4 per month | 0.56 | 0.07 | 1.25 | (1.01) | 3.85 | |
| BMO | Bank of Montreal | (2.23) | 9 per month | 1.15 | (0.08) | 1.52 | (1.50) | 5.54 | |
| RY | Royal Bank of | (0.61) | 10 per month | 0.67 | 0.02 | 1.32 | (1.15) | 3.34 | |
| BNS | Bank of Nova | (0.34) | 4 per month | 0.90 | (0.02) | 1.31 | (1.47) | 5.30 | |
| TD | Toronto Dominion Bank | (1.60) | 8 per month | 0.00 | (0.18) | 1.29 | (1.61) | 3.30 |
National Bank Additional Predictive Modules
Most predictive techniques to examine National price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for National using various technical indicators. When you analyze National 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About National Bank Predictive Indicators
The successful prediction of National Bank 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 National Bank of, 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 National Bank based on analysis of National Bank hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to National Bank's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to National Bank's related companies. | 2020 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0318 | 0.0516 | 0.0465 | 0.0441 | Price To Sales Ratio | 3.89 | 2.87 | 2.58 | 1.7 |
Story Coverage note for National Bank
The number of cover stories for National Bank depends on current market conditions and National Bank's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that National Bank 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 National Bank's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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National Bank Short Properties
National Bank's future price predictability will typically decrease when National Bank's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of National Bank of often depends not only on the future outlook of the potential National Bank'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. National Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 338.3 M |
Check out National Bank Basic Forecasting Models to cross-verify your projections. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for National Stock analysis
When running National Bank's price analysis, check to measure National Bank'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 National Bank is operating at the current time. Most of National Bank's value examination focuses on studying past and present price action to predict the probability of National Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Bank's price. Additionally, you may evaluate how the addition of National Bank to your portfolios can decrease your overall portfolio volatility.
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