Community West Stock Forecast - Rate Of Daily Change
| CWBC Stock | USD 17.52 0.31 1.74% |
Community Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Community West stock prices and determine the direction of Community West Bancshares's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Community West's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Community West's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Community West's systematic risk associated with finding meaningful patterns of Community West fundamentals over time.
Check out Historical Fundamental Analysis of Community West to cross-verify your projections. Community |
Most investors in Community West 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 Community West's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Community West's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Community West.| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 0.99 | 0.98 |
| Check Community West Volatility | Backtest Community West | Information Ratio |
Community West Trading Date Momentum
| On April 29 2024 Community West Bancshares was traded for 17.52 at the closing time. The top price for the day was 17.88 and the lowest listed price was 17.35 . The trading volume for the day was 62.6 K. The trading history from April 29, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.54% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare Community West to competition |
Other Forecasting Options for Community West
For every potential investor in Community, whether a beginner or expert, Community West's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Community Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Community. Basic forecasting techniques help filter out the noise by identifying Community West's price trends.Community West Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Community West stock to make a market-neutral strategy. Peer analysis of Community West could also be used in its relative valuation, which is a method of valuing Community West by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Community West Bancshares 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 Community West'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 Community West's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Community West Market Strength Events
Market strength indicators help investors to evaluate how Community West stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Community West shares will generate the highest return on investment. By undertsting and applying Community West stock market strength indicators, traders can identify Community West Bancshares entry and exit signals to maximize returns.
| Accumulation Distribution | 1855.3 | |||
| Daily Balance Of Power | (0.58) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 17.62 | |||
| Day Typical Price | 17.58 | |||
| Price Action Indicator | (0.25) | |||
| Period Momentum Indicator | (0.31) | |||
| Relative Strength Index | 55.43 |
Community West Risk Indicators
The analysis of Community West'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 Community West's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting community 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 | 1.65 | |||
| Semi Deviation | 1.54 | |||
| Standard Deviation | 3.91 | |||
| Variance | 15.31 | |||
| Downside Variance | 3.72 | |||
| Semi Variance | 2.37 | |||
| Expected Short fall | (2.11) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Community West in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Community West's short interest history, or implied volatility extrapolated from Community West options trading.
Pair Trading with Community West
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 Community West 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 Community West will appreciate offsetting losses from the drop in the long position's value.Moving together with Community Stock
| 0.79 | DB | Deutsche Bank AG | PairCorr |
Moving against Community Stock
| 0.7 | VBNK | VersaBank Normal Trading | PairCorr |
| 0.62 | EBTC | Enterprise Bancorp Earnings Call This Week | PairCorr |
| 0.56 | VABK | Virginia National Normal Trading | PairCorr |
| 0.55 | TFC-PR | Truist Financial | PairCorr |
| 0.41 | TFC-PI | Truist Financial | PairCorr |
The ability to find closely correlated positions to Community West could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Community West 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 Community West - 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 Community West Bancshares to buy it.
The correlation of Community West 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 Community West moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Community West Bancshares 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 Community West 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 Community West to cross-verify your projections. Note that the Community West Bancshares information on this page should be used as a complementary analysis to other Community West'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Community Stock analysis
When running Community West's price analysis, check to measure Community West'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 Community West is operating at the current time. Most of Community West's value examination focuses on studying past and present price action to predict the probability of Community West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Community West's price. Additionally, you may evaluate how the addition of Community West to your portfolios can decrease your overall portfolio volatility.
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Is Community West'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 Community West. If investors know Community 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 Community West 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 (0.47) | Dividend Share 0.48 | Earnings Share 1.88 | Revenue Per Share 7.389 | Quarterly Revenue Growth (0.11) |
The market value of Community West Bancshares is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community West's value that differs from its market value or its book value, called intrinsic value, which is Community West'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 Community West's market value can be influenced by many factors that don't directly affect Community West'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 Community West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community West'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.