Shore Bancshares Stock Forecast - Daily Balance Of Power

SHBI
 Stock
  

USD 20.02  0.29  1.47%   

Shore Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shore Bancshares historical stock prices and determine the direction of Shore Bancshares's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Shore Bancshares historical fundamentals such as revenue growth or operating cash flow patterns. Although Shore Bancshares naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Shore Bancshares systematic risk associated with finding meaningful patterns of Shore Bancshares fundamentals over time.
Additionally, take a look at Historical Fundamental Analysis of Shore Bancshares to cross-verify your projections.
  
The current PPandE Turnover is estimated to increase to 3.18. The current Accrued Expenses Turnover is estimated to increase to 36.07. The current Issuance Purchase of Equity Shares is estimated to increase to about 30.4 M, while Weighted Average Shares is projected to decrease to roughly 11.6 M.
On March 1, 2021 Shore Bancshares had Daily Balance Of Power of (2.38).
Most investors in Shore Bancshares 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 Shore Bancshares' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Shore Bancshares' price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Shore Bancshares market sensitivity to bulls and bears. It estimates the ability of Shore Bancshares buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Shore Bancshares Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
(2.39)(2.38)
Check Shore Bancshares VolatilityBacktest Shore BancsharesTrend Details  

Shore Bancshares Trading Date Momentum

On March 02 2021 Shore Bancshares was traded for  15.06  at the closing time. The top price for the day was 15.96  and the lowest listed price was  15.32 . The trading volume for the day was 31.4 K. The trading history from March 2, 2021 was a factor to the next trading day price rise. The trading price change against the next closing price was 1.41% . The trading price change against the current closing price is 9.43% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Shore Bancshares to competition

Other Forecasting Options for Shore Bancshares

For every potential investor in Shore, whether a beginner or expert, Shore Bancshares' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shore Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shore. Basic forecasting techniques help filter out the noise by identifying Shore Bancshares' price trends.

Shore Bancshares 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 Shore Bancshares stock to make a market-neutral strategy. Peer analysis of Shore Bancshares could also be used in its relative valuation, which is a method of valuing Shore Bancshares by comparing valuation metrics with similar companies.
Amn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGX Nasdaq-100 CoveredFranklin Mutual EuropeanGARDNER DENVER INCUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondLIFE STORAGE INCMaiden Holdings NorthVistra Energy CorpExxon Mobil Corp
 Risk & Return  Correlation

Shore 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 Shore Bancshares' 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 Shore Bancshares' current price.

Shore Bancshares Risk Indicators

The analysis of Shore Bancshares' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Shore Bancshares' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Shore Bancshares stock price, 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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Shore Bancshares Investors Sentiment

The influence of Shore Bancshares' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Shore. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Shore Bancshares' public news can be used to forecast risks associated with investment in Shore. The trend in average sentiment can be used to explain how an investor holding Shore can time the market purely based on public headlines and social activities around Shore Bancshares. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Shore Bancshares' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Shore Bancshares' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Shore Bancshares' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Shore Bancshares.
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 Shore Bancshares 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, Shore Bancshares' short interest history, or implied volatility extrapolated from Shore Bancshares options trading.

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Additionally, take a look at Historical Fundamental Analysis of Shore Bancshares to cross-verify your projections. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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
0.11
Market Capitalization
397.4 M
Quarterly Revenue Growth YOY
0.85
Return On Assets
0.0074
Return On Equity
0.0742
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.