Sierra Bancorp Stock Forecast - Treynor Ratio
| BSRR Stock | USD 20.90 0.02 0.1% |
Sierra Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sierra Bancorp stock prices and determine the direction of Sierra Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sierra Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Sierra Bancorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Sierra Bancorp's systematic risk associated with finding meaningful patterns of Sierra Bancorp fundamentals over time.
Check out Historical Fundamental Analysis of Sierra Bancorp to cross-verify your projections. Sierra |
Open Interest Against 2024-05-17 Sierra Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Sierra Bancorp's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Sierra Bancorp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Sierra Bancorp stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Sierra Bancorp's open interest, investors have to compare it to Sierra Bancorp's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Sierra Bancorp is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Sierra. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Sierra Bancorp cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Sierra Bancorp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sierra Bancorp's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Sierra Bancorp Volatility | Backtest Sierra Bancorp | Information Ratio |
Sierra Bancorp Trading Date Momentum
| On May 03 2024 Sierra Bancorp was traded for 20.90 at the closing time. The top price for the day was 21.00 and the lowest listed price was 20.66 . There was no trading activity during the period 0.0. Lack of trading volume on May 3, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.10% . |
| Compare Sierra Bancorp to competition |
Other Forecasting Options for Sierra Bancorp
For every potential investor in Sierra, whether a beginner or expert, Sierra Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sierra Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sierra. Basic forecasting techniques help filter out the noise by identifying Sierra Bancorp's price trends.View Sierra Bancorp Related Equities
| Risk & Return | Correlation |
Sierra Bancorp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sierra Bancorp's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Sierra Bancorp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sierra Bancorp Market Strength Events
Market strength indicators help investors to evaluate how Sierra Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sierra Bancorp shares will generate the highest return on investment. By undertsting and applying Sierra Bancorp stock market strength indicators, traders can identify Sierra Bancorp entry and exit signals to maximize returns.
Sierra Bancorp Risk Indicators
The analysis of Sierra Bancorp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Sierra Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sierra stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.05 | |||
| Standard Deviation | 2.66 | |||
| Variance | 7.09 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Sierra Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sierra Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sierra Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Sierra Stock
| 0.73 | AX | Axos Financial Fiscal Year End 25th of July 2024 | PairCorr |
| 0.88 | BY | Byline Bancorp Normal Trading | PairCorr |
| 0.69 | PB | Prosperity Bancshares Financial Report 24th of July 2024 | PairCorr |
The ability to find closely correlated positions to Sierra Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sierra Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sierra Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sierra Bancorp to buy it.
The correlation of Sierra Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sierra Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sierra Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sierra Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Sierra Bancorp to cross-verify your projections. To learn how to invest in Sierra Stock, please use our How to Invest in Sierra Bancorp guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Sierra Stock analysis
When running Sierra Bancorp's price analysis, check to measure Sierra 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 Sierra Bancorp is operating at the current time. Most of Sierra Bancorp's value examination focuses on studying past and present price action to predict the probability of Sierra 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 Sierra Bancorp's price. Additionally, you may evaluate how the addition of Sierra Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Sierra 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 Sierra Bancorp. If investors know Sierra 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 Sierra 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 0.103 | Dividend Share 0.92 | Earnings Share 2.42 | Revenue Per Share 9.722 | Quarterly Revenue Growth 0.079 |
The market value of Sierra Bancorp is measured differently than its book value, which is the value of Sierra that is recorded on the company's balance sheet. Investors also form their own opinion of Sierra Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Sierra 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 Sierra Bancorp's market value can be influenced by many factors that don't directly affect Sierra 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 Sierra Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sierra Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sierra 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.