1st Source Stock Forecast - Day Median Price
| SRCE Stock | USD 52.72 0.04 0.08% |
1st Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 1st Source stock prices and determine the direction of 1st Source's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 1st Source's historical fundamentals, such as revenue growth or operating cash flow patterns. Although 1st Source's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of 1st Source's systematic risk associated with finding meaningful patterns of 1st Source fundamentals over time.
Check out Historical Fundamental Analysis of 1st Source to cross-verify your projections. 1st |
Open Interest Against 2024-06-21 1st Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast 1st Source's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in 1st Source's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for 1st Source stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current 1st Source's open interest, investors have to compare it to 1st Source's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of 1st Source is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in 1st. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in 1st Source 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 1st Source's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets 1st Source's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 50.91 | 50.06 |
| Check 1st Source Volatility | Backtest 1st Source | Trend Details |
1st Source Trading Date Momentum
| On April 29 2024 1st Source was traded for 49.87 at the closing time. The top price for the day was 50.93 and the lowest listed price was 49.83 . The trading volume for the day was 61.1 K. The trading history from April 29, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 1.78% . The daily price change against the current closing price is 1.22% . |
The median price is the midpoint of the trading periods range.
| Compare 1st Source to competition |
Other Forecasting Options for 1st Source
For every potential investor in 1st, whether a beginner or expert, 1st Source's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 1st Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 1st. Basic forecasting techniques help filter out the noise by identifying 1st Source's price trends.1st Source 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 1st Source stock to make a market-neutral strategy. Peer analysis of 1st Source could also be used in its relative valuation, which is a method of valuing 1st Source by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
1st Source 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 1st Source'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 1st Source's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
1st Source Market Strength Events
Market strength indicators help investors to evaluate how 1st Source stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 1st Source shares will generate the highest return on investment. By undertsting and applying 1st Source stock market strength indicators, traders can identify 1st Source entry and exit signals to maximize returns.
1st Source Risk Indicators
The analysis of 1st Source'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 1st Source's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 1st 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 | 1.2 | |||
| Semi Deviation | 1.51 | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.96 | |||
| Downside Variance | 2.8 | |||
| Semi Variance | 2.27 | |||
| Expected Short fall | (1.20) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether 1st Source is a strong investment it is important to analyze 1st Source's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 1st Source's future performance. For an informed investment choice regarding 1st Stock, refer to the following important reports:Check out Historical Fundamental Analysis of 1st Source to cross-verify your projections. For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.Note that the 1st Source information on this page should be used as a complementary analysis to other 1st Source'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for 1st Stock analysis
When running 1st Source's price analysis, check to measure 1st Source'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 1st Source is operating at the current time. Most of 1st Source's value examination focuses on studying past and present price action to predict the probability of 1st Source's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1st Source's price. Additionally, you may evaluate how the addition of 1st Source to your portfolios can decrease your overall portfolio volatility.
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Is 1st Source'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 1st Source. If investors know 1st 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 1st Source 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 (0.05) | Dividend Share 1.34 | Earnings Share 4.97 | Revenue Per Share 14.701 | Quarterly Revenue Growth (0.03) |
The market value of 1st Source is measured differently than its book value, which is the value of 1st that is recorded on the company's balance sheet. Investors also form their own opinion of 1st Source's value that differs from its market value or its book value, called intrinsic value, which is 1st Source'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 1st Source's market value can be influenced by many factors that don't directly affect 1st Source'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 1st Source's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1st Source is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1st Source'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.