City Holding Stock Probability of Future Stock Price Finishing Over 102.01
| CHCO Stock | USD 102.71 0.53 0.52% |
Closest to current price City long CALL Option Payoff at Expiration
City |
City Holding Target Price Odds to finish over 102.01
The tendency of City 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 $ 102.01 in 90 days |
| 102.71 | 90 days | 102.01 | about 54.95 |
Based on a normal probability distribution, the odds of City Holding to stay above $ 102.01 in 90 days from now is about 54.95 (This City Holding probability density function shows the probability of City Stock to fall within a particular range of prices over 90 days) . Probability of City Holding price to stay between $ 102.01 and its current price of $102.71 at the end of the 90-day period is about 12.8 .
Given the investment horizon of 90 days City Holding has a beta of 1.0 suggesting City Holding market returns are highly reactive to returns on the market. As the market goes up or down, City Holding is expected to follow. Additionally City Holding has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. City Holding Price Density |
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Predictive Modules for City Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as City Holding. 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 City Holding'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.
City Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. City Holding is not an exception. The market had few large corrections towards the City Holding'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 City Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of City Holding within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.05 | |
β | Beta against NYSE Composite | 1.00 | |
σ | Overall volatility | 2.17 | |
Ir | Information ratio | -0.04 |
City Holding 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 City Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for City Holding 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 72.0% of the company shares are held by institutions such as insurance companies | |
| On 30th of April 2024 City Holding paid $ 0.715 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Norges Bank Invests 10.95 Million in City Holding - MarketBeat |
City Holding 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 City Stock often depends not only on the future outlook of the current and potential City Holding'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. City Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.9 M | |
| Cash And Short Term Investments | -123 M |
City Holding Technical Analysis
City Holding's future price can be derived by breaking down and analyzing its technical indicators over time. City Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of City Holding. In general, you should focus on analyzing City Stock price patterns and their correlations with different microeconomic environments and drivers.
City Holding Predictive Forecast Models
City Holding's time-series forecasting models is one of many City Holding'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 City Holding'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 City Holding
Checking the ongoing alerts about City Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for City Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 72.0% of the company shares are held by institutions such as insurance companies | |
| On 30th of April 2024 City Holding paid $ 0.715 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Norges Bank Invests 10.95 Million in City Holding - MarketBeat |
Additional Information and Resources on Investing in City Stock
When determining whether City Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of City Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of City Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on City Holding Stock:Check out City Holding Backtesting, City Holding Valuation, City Holding Correlation, City Holding Hype Analysis, City Holding Volatility, City Holding History as well as City Holding Performance. To learn how to invest in City Stock, please use our How to Invest in City Holding guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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 City Holding. If investors know City 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 City Holding 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 0.21 | Dividend Share 2.795 | Earnings Share 7.95 | Revenue Per Share 19.51 | Quarterly Revenue Growth 0.048 |
The market value of City Holding is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Holding's value that differs from its market value or its book value, called intrinsic value, which is City Holding'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 City Holding's market value can be influenced by many factors that don't directly affect City Holding'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 City Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Holding'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.