Mid Penn Bancorp Stock Odds of Future Stock Price Finishing Over 32.54
| MPB Stock | USD 32.43 0.78 2.46% |
Mid |
Mid Penn Target Price Odds to finish over 32.54
The tendency of Mid 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 Price | Horizon | Target Price | Odds to move over $ 32.54 or more in 90 days |
| 32.43 | 90 days | 32.54 | under 4 |
Based on a normal probability distribution, the odds of Mid Penn to move over $ 32.54 or more in 90 days from now is under 4 (This Mid Penn Bancorp probability density function shows the probability of Mid Stock to fall within a particular range of prices over 90 days) . Probability of Mid Penn Bancorp price to stay between its current price of $ 32.43 and $ 32.54 at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.29 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Mid Penn will likely underperform. Additionally Mid Penn Bancorp has an alpha of 0.0819, implying that it can generate a 0.0819 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Mid Penn Price Density |
| Price |
Predictive Modules for Mid Penn
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mid Penn 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.Mid Penn Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Mid Penn is not an exception. The market had few large corrections towards the Mid Penn'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 Mid Penn Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Mid Penn within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 1.29 | |
σ | Overall volatility | 1.31 | |
Ir | Information ratio | 0.06 |
Mid Penn 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 Mid Penn for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Mid Penn 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.| About 17.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from bizjournals.com: Norcross family buys up 25M stake in Mid Penn Bancorp |
Mid Penn 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 Mid Stock often depends not only on the future outlook of the current and potential Mid Penn'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. Mid Penn's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.4 M | |
| Cash And Short Term Investments | 96.8 M |
Mid Penn Technical Analysis
Mid Penn's future price can be derived by breaking down and analyzing its technical indicators over time. Mid Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mid Penn Bancorp. In general, you should focus on analyzing Mid Stock price patterns and their correlations with different microeconomic environments and drivers.
Mid Penn Predictive Forecast Models
Mid Penn's time-series forecasting models is one of many Mid Penn'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 Mid Penn'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 Mid Penn Bancorp
Checking the ongoing alerts about Mid Penn for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Mid Penn Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 17.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from bizjournals.com: Norcross family buys up 25M stake in Mid Penn Bancorp |
Check out Mid Penn Backtesting, Mid Penn Valuation, Mid Penn Correlation, Mid Penn Hype Analysis, Mid Penn Volatility, Mid Penn History as well as Mid Penn Performance. 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.
Is Regional Banks space 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 Mid Penn. If investors know Mid 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 Mid Penn 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 0.328 | Dividend Share 0.8 | Earnings Share 2.91 | Revenue Per Share 10.457 | Quarterly Revenue Growth 0.1 |
The market value of Mid Penn Bancorp is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid Penn's value that differs from its market value or its book value, called intrinsic value, which is Mid Penn'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 Mid Penn's market value can be influenced by many factors that don't directly affect Mid Penn'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 Mid Penn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid Penn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid Penn'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.