Baycom Corp Stock Probability of Future Stock Price Finishing Over 23.5
| BCML Stock | USD 20.27 0.48 2.31% |
BayCom |
BayCom Corp Target Price Odds to finish over 23.5
The tendency of BayCom 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 $ 23.50 or more in 90 days |
| 20.27 | 90 days | 23.50 | near 1 |
Based on a normal probability distribution, the odds of BayCom Corp to move over $ 23.50 or more in 90 days from now is near 1 (This BayCom Corp probability density function shows the probability of BayCom Stock to fall within a particular range of prices over 90 days) . Probability of BayCom Corp price to stay between its current price of $ 20.27 and $ 23.50 at the end of the 90-day period is about 23.28 .
Given the investment horizon of 90 days BayCom Corp has a beta of 0.44 suggesting as returns on the market go up, BayCom Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BayCom Corp will be expected to be much smaller as well. Additionally BayCom Corp has an alpha of 0.0527, implying that it can generate a 0.0527 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). BayCom Corp Price Density |
| Price |
Predictive Modules for BayCom Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BayCom Corp. 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 BayCom Corp'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.
BayCom Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. BayCom Corp is not an exception. The market had few large corrections towards the BayCom Corp'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 BayCom Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of BayCom Corp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.05 | |
β | Beta against NYSE Composite | 0.44 | |
σ | Overall volatility | 0.37 | |
Ir | Information ratio | 0.01 |
BayCom Corp 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 BayCom Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for BayCom Corp 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 60.0% of the company shares are held by institutions such as insurance companies | |
| On 12th of April 2024 BayCom Corp paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Critical Survey First Community vs. BayCom - Defense World |
BayCom Corp 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 BayCom Stock often depends not only on the future outlook of the current and potential BayCom Corp'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. BayCom Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.1 M | |
| Cash And Short Term Investments | -17.9 M |
BayCom Corp Technical Analysis
BayCom Corp's future price can be derived by breaking down and analyzing its technical indicators over time. BayCom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BayCom Corp. In general, you should focus on analyzing BayCom Stock price patterns and their correlations with different microeconomic environments and drivers.
BayCom Corp Predictive Forecast Models
BayCom Corp's time-series forecasting models is one of many BayCom Corp'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 BayCom Corp'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 BayCom Corp
Checking the ongoing alerts about BayCom Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BayCom Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 60.0% of the company shares are held by institutions such as insurance companies | |
| On 12th of April 2024 BayCom Corp paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Critical Survey First Community vs. BayCom - Defense World |
Check out BayCom Corp Backtesting, BayCom Corp Valuation, BayCom Corp Correlation, BayCom Corp Hype Analysis, BayCom Corp Volatility, BayCom Corp History as well as BayCom Corp Performance. For more information on how to buy BayCom Stock please use our How to buy in BayCom Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for BayCom Stock analysis
When running BayCom Corp's price analysis, check to measure BayCom Corp'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 BayCom Corp is operating at the current time. Most of BayCom Corp's value examination focuses on studying past and present price action to predict the probability of BayCom Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BayCom Corp's price. Additionally, you may evaluate how the addition of BayCom Corp to your portfolios can decrease your overall portfolio volatility.
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| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |
Is BayCom Corp'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 BayCom Corp. If investors know BayCom 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 BayCom Corp 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 (0.1) | Dividend Share 0.4 | Earnings Share 2.21 | Revenue Per Share 8.532 | Quarterly Revenue Growth (0.09) |
The market value of BayCom Corp is measured differently than its book value, which is the value of BayCom that is recorded on the company's balance sheet. Investors also form their own opinion of BayCom Corp's value that differs from its market value or its book value, called intrinsic value, which is BayCom Corp'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 BayCom Corp's market value can be influenced by many factors that don't directly affect BayCom Corp'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 BayCom Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if BayCom Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BayCom Corp'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.