Shore Stock Probability of Future Stock Price Finishing Over 23.35

SHBI
 Stock
  

USD 18.59  0.09  0.49%   

Shore Bancshares' future price is the expected price of Shore Bancshares instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Shore Bancshares performance during a given time horizon utilizing its historical volatility. The current Price to Book Value is estimated to increase to 1.25. The current Price to Earnings Ratio is estimated to increase to 24.11.
  
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Additionally, take a look at Shore Bancshares Backtesting, Shore Bancshares Valuation, Shore Bancshares Correlation, Shore Bancshares Hype Analysis, Shore Bancshares Volatility, Shore Bancshares History as well as Shore Bancshares Performance. Please specify Shore Bancshares time horizon, a valid symbol (red box) and a target price (blue box) you would like Shore Bancshares odds to be computed.
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Shore Bancshares Target Price Odds to finish over 23.35

The tendency of Shore 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 PriceHorizonTarget PriceOdds to move over $ 23.35  or more in 90 days
 18.59 90 days 23.35  near 1
Based on a normal probability distribution, the odds of Shore Bancshares to move over $ 23.35  or more in 90 days from now is near 1 (This Shore Bancshares probability density function shows the probability of Shore Stock to fall within a particular range of prices over 90 days) . Probability of Shore Bancshares price to stay between its current price of $ 18.59  and $ 23.35  at the end of the 90-day period is about 97.0 .
Given the investment horizon of 90 days Shore Bancshares has a beta of 0.32. This usually implies as returns on the market go up, Shore Bancshares average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Shore Bancshares will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Shore Bancshares is significantly underperforming DOW.
 Shore Bancshares Price Density 
      Price 

Predictive Modules for Shore Bancshares

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shore Bancshares. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Shore Bancshares' 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. Please use the tools below to analyze the current value of Shore Bancshares in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
17.1418.5820.02
Details
Intrinsic
Valuation
LowReal ValueHigh
18.5519.9921.43
Details
Naive
Forecast
LowNext ValueHigh
16.8418.2819.72
Details
2 Analysts
Consensus
LowTarget PriceHigh
20.0021.0022.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shore Bancshares. Your research has to be compared to or analyzed against Shore Bancshares' peers to derive any actionable benefits. When done correctly, Shore Bancshares' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Shore Bancshares.

Shore Bancshares Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Shore Bancshares is not an exception. The market had few large corrections towards the Shore Bancshares' 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 Shore Bancshares, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Shore Bancshares within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.11
β
Beta against DOW0.32
σ
Overall volatility
0.60
Ir
Information ratio 0.017304

Shore Bancshares 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 Shore Bancshares for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Shore Bancshares can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Shore Bancshares generated a negative expected return over the last 90 days
Shore Bancshares has a frail financial position based on the latest SEC disclosures
About 58.0% of the company shares are owned by institutional investors
Latest headline from www.marketbeat.com: Shore Bancshares, Inc. Short Interest Update - MarketBeat

Shore Bancshares 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 Shore Stock often depends not only on the future outlook of the current and potential Shore Bancshares' 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. Shore Bancshares' indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out0.87%
Trailing Annual Dividend Rate0.48
Short Percent Of Float0.98%
Float Shares15.95M
Shares Short Prior Month174.47k
Average Daily Volume Last 10 Day439.28k
Average Daily Volume In Three Month136.33k
Date Short Interest29th of April 2022
Trailing Annual Dividend Yield2.59%

Shore Bancshares Technical Analysis

Shore Bancshares' future price can be derived by breaking down and analyzing its technical indicators over time. Shore Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Shore Bancshares. In general, you should focus on analyzing Shore Stock price patterns and their correlations with different microeconomic environments and drivers.

Shore Bancshares Predictive Forecast Models

Shore Bancshares time-series forecasting models is one of many Shore Bancshares' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Shore Bancshares' 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 Shore Bancshares

Checking the ongoing alerts about Shore Bancshares for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Shore Bancshares help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Shore Bancshares Alerts

Shore Bancshares Alerts and Suggestions

Shore Bancshares generated a negative expected return over the last 90 days
Shore Bancshares has a frail financial position based on the latest SEC disclosures
About 58.0% of the company shares are owned by institutional investors
Latest headline from www.marketbeat.com: Shore Bancshares, Inc. Short Interest Update - MarketBeat
Additionally, take a look at Shore Bancshares Backtesting, Shore Bancshares Valuation, Shore Bancshares Correlation, Shore Bancshares Hype Analysis, Shore Bancshares Volatility, Shore Bancshares History as well as Shore Bancshares Performance. Note that the Shore Bancshares information on this page should be used as a complementary analysis to other Shore Bancshares' 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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Shore Stock analysis

When running Shore Bancshares price analysis, check to measure Shore Bancshares' 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 Shore Bancshares is operating at the current time. Most of Shore Bancshares' value examination focuses on studying past and present price action to predict the probability of Shore Bancshares' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Shore Bancshares' price. Additionally, you may evaluate how the addition of Shore Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is Shore Bancshares' 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 Shore Bancshares. If investors know Shore 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 Shore Bancshares 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 YOY
-0.18
Market Capitalization
368.9 M
Quarterly Revenue Growth YOY
0.75
Return On Assets
0.0061
Return On Equity
0.062
The market value of Shore Bancshares is measured differently than its book value, which is the value of Shore that is recorded on the company's balance sheet. Investors also form their own opinion of Shore Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Shore Bancshares' 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 Shore Bancshares' market value can be influenced by many factors that don't directly affect Shore Bancshares' 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 Shore Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine Shore Bancshares value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shore Bancshares' 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.