Primis Financial Corp Stock Price Prediction
| FRST Stock | USD 10.93 0.02 0.18% |
Oversold Vs Overbought
24
Oversold | Overbought |
Primis Financial Corp stock price prediction is an act of determining the future value of Primis Financial shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Primis Financial's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Primis Financial and does not consider all of the tangible or intangible factors available from Primis Financial's fundamental data. We analyze noise-free headlines and recent hype associated with Primis Financial Corp, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Primis Financial's stock price prediction:Quarterly Earnings Growth 1.627 | EPS Estimate Next Quarter 0.29 | EPS Estimate Current Year 1.57 | EPS Estimate Next Year 1.79 | Wall Street Target Price 15.42 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Primis Financial based on different types of headlines from major news networks to social media. The Primis stock price prediction module provides an analysis of price elasticity to changes in media outlook on Primis Financial over a specific investment horizon. Using Primis Financial hype-based prediction, you can estimate the value of Primis Financial Corp from the perspective of Primis Financial response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Primis Financial using Primis Financial's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Primis using crowd psychology based on the activity and movement of Primis Financial's stock price.
Primis Financial Implied Volatility | 0.43 |
Primis Financial's implied volatility exposes the market's sentiment of Primis Financial Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Primis Financial's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Primis Financial stock will not fluctuate a lot when Primis Financial's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Primis Financial. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Primis Financial to buy its stock at a price that has no basis in reality. In that case, they are not buying Primis because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Primis Financial after-hype prediction price | USD 10.95 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Primis |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Primis Financial'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.
Primis Financial After-Hype Price Prediction Density Analysis
As far as predicting the price of Primis Financial at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Primis Financial or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Primis Financial, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Primis Financial Estimiated After-Hype Price Volatility
In the context of predicting Primis Financial's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Primis Financial's historical news coverage. Primis Financial's after-hype downside and upside margins for the prediction period are 9.13 and 12.77, respectively. We have considered Primis Financial's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Primis Financial is not too volatile at this time. Analysis and calculation of next after-hype price of Primis Financial Corp is based on 3 months time horizon.
Primis Financial Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Primis Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Primis Financial backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Primis Financial, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.20 | 1.82 | 0.00 | 0.02 | 9 Events / Month | 7 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
10.93 | 10.95 | 0.00 |
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Primis Financial Hype Timeline
Primis Financial Corp is currently traded for 10.93. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.02. Primis is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at -0.2%. %. The volatility of related hype on Primis Financial is about 1475.68%, with the expected price after the next announcement by competition of 10.91. About 84.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.66. Some equities with similar Price to Book (P/B) outperform the market in the long run. Primis Financial Corp last dividend was issued on the 8th of February 2024. The entity had 11:10 split on the 30th of April 2007. Given the investment horizon of 90 days the next projected press release will be in about 9 days. Check out Primis Financial Basic Forecasting Models to cross-verify your projections.Primis Financial Related Hype Analysis
Having access to credible news sources related to Primis Financial's direct competition is more important than ever and may enhance your ability to predict Primis Financial's future price movements. Getting to know how Primis Financial's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Primis Financial may potentially react to the hype associated with one of its peers.
Primis Financial Additional Predictive Modules
Most predictive techniques to examine Primis price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Primis using various technical indicators. When you analyze Primis charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Primis Financial Predictive Indicators
The successful prediction of Primis Financial stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Primis Financial Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Primis Financial based on analysis of Primis Financial hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Primis Financial's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Primis Financial's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0267 | 0.0339 | 0.0389 | 0.0328 | Price To Sales Ratio | 3.54 | 2.31 | 1.45 | 1.38 |
Story Coverage note for Primis Financial
The number of cover stories for Primis Financial depends on current market conditions and Primis Financial's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Primis Financial is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Primis Financial's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Primis Financial Short Properties
Primis Financial's future price predictability will typically decrease when Primis Financial's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Primis Financial Corp often depends not only on the future outlook of the potential Primis Financial'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. Primis Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.7 M | |
| Cash And Short Term Investments | 77.6 M |
Check out Primis Financial Basic Forecasting Models to cross-verify your projections. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Primis Stock analysis
When running Primis Financial's price analysis, check to measure Primis Financial'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 Primis Financial is operating at the current time. Most of Primis Financial's value examination focuses on studying past and present price action to predict the probability of Primis Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primis Financial's price. Additionally, you may evaluate how the addition of Primis Financial to your portfolios can decrease your overall portfolio volatility.
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Is Primis Financial'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 Primis Financial. If investors know Primis 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 Primis Financial 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 1.627 | Dividend Share 0.4 | Revenue Per Share 5.504 | Quarterly Revenue Growth 0.089 | Return On Assets 0.0021 |
The market value of Primis Financial Corp is measured differently than its book value, which is the value of Primis that is recorded on the company's balance sheet. Investors also form their own opinion of Primis Financial's value that differs from its market value or its book value, called intrinsic value, which is Primis Financial'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 Primis Financial's market value can be influenced by many factors that don't directly affect Primis Financial'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 Primis Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primis Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primis Financial'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.