Republic Bancorp Stock Probability of Future Stock Price Finishing Over 50.69
| RBCAA Stock | USD 53.94 0.63 1.15% |
Closest to current price Republic long CALL Option Payoff at Expiration
Republic |
Republic Bancorp Target Price Odds to finish over 50.69
The tendency of Republic 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 stay above $ 50.69 in 90 days |
| 53.94 | 90 days | 50.69 | about 27.5 |
Based on a normal probability distribution, the odds of Republic Bancorp to stay above $ 50.69 in 90 days from now is about 27.5 (This Republic Bancorp probability density function shows the probability of Republic Stock to fall within a particular range of prices over 90 days) . Probability of Republic Bancorp price to stay between $ 50.69 and its current price of $53.94 at the end of the 90-day period is about 26.82 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.67 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Republic Bancorp will likely underperform. Additionally Republic Bancorp has an alpha of 0.082, implying that it can generate a 0.082 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Republic Bancorp Price Density |
| Price |
Predictive Modules for Republic 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 Republic 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 Republic 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.
Republic Bancorp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Republic Bancorp is not an exception. The market had few large corrections towards the Republic 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 Republic Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Republic Bancorp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.08 | |
β | Beta against NYSE Composite | 1.67 | |
σ | Overall volatility | 1.74 | |
Ir | Information ratio | 0.06 |
Republic 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 Republic Bancorp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Republic 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.| Republic Bancorp has a frail financial position based on the latest SEC disclosures | |
| About 52.0% of the company outstanding shares are owned by corporate insiders | |
| On 19th of April 2024 Republic Bancorp paid $ 0.407 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Republic Bancorp Shares Cross Above Two Hundred Day Moving Average of 49.68 - Defense World |
Republic 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 Republic Stock often depends not only on the future outlook of the current and potential Republic 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. Republic Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.9 M | |
| Cash And Short Term Investments | -316.6 M |
Republic Bancorp Technical Analysis
Republic Bancorp's future price can be derived by breaking down and analyzing its technical indicators over time. Republic Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Republic Bancorp. In general, you should focus on analyzing Republic Stock price patterns and their correlations with different microeconomic environments and drivers.
Republic Bancorp Predictive Forecast Models
Republic Bancorp's time-series forecasting models is one of many Republic 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 Republic 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 Republic Bancorp
Checking the ongoing alerts about Republic Bancorp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Republic Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Republic Bancorp has a frail financial position based on the latest SEC disclosures | |
| About 52.0% of the company outstanding shares are owned by corporate insiders | |
| On 19th of April 2024 Republic Bancorp paid $ 0.407 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Republic Bancorp Shares Cross Above Two Hundred Day Moving Average of 49.68 - Defense World |
Check out Republic Bancorp Backtesting, Republic Bancorp Valuation, Republic Bancorp Correlation, Republic Bancorp Hype Analysis, Republic Bancorp Volatility, Republic Bancorp History as well as Republic Bancorp Performance. For information on how to trade Republic Stock refer to our How to Trade Republic Stock guide.Note that the Republic Bancorp information on this page should be used as a complementary analysis to other Republic Bancorp'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Republic Stock analysis
When running Republic Bancorp's price analysis, check to measure Republic 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 Republic Bancorp is operating at the current time. Most of Republic Bancorp's value examination focuses on studying past and present price action to predict the probability of Republic 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 Republic Bancorp's price. Additionally, you may evaluate how the addition of Republic Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Republic 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 Republic Bancorp. If investors know Republic 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 Republic 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 0.106 | Dividend Share 1.529 | Earnings Share 4.78 | Revenue Per Share 15.829 | Quarterly Revenue Growth 0.013 |
The market value of Republic Bancorp is measured differently than its book value, which is the value of Republic that is recorded on the company's balance sheet. Investors also form their own opinion of Republic Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Republic 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 Republic Bancorp's market value can be influenced by many factors that don't directly affect Republic 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 Republic Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Republic Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Republic 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.