First Mid Illinois Stock Price Prediction

FMBH Stock  USD 32.26  0.03  0.09%   
As of 6th of May 2024, The relative strength index (RSI) of First Mid's share price is at 55. This usually indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling First Mid, making its price go up or down.

Oversold Vs Overbought

55

 
Oversold
 
Overbought
First Mid Illinois stock price prediction is an act of determining the future value of First Mid shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of First Mid'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 First Mid and does not consider all of the tangible or intangible factors available from First Mid's fundamental data. We analyze noise-free headlines and recent hype associated with First Mid Illinois, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting First Mid's stock price prediction:
Quarterly Earnings Growth
(0.08)
EPS Estimate Next Quarter
0.79
EPS Estimate Current Year
3.2
EPS Estimate Next Year
3.3
Wall Street Target Price
37.33
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 First Mid based on different types of headlines from major news networks to social media. The First stock price prediction module provides an analysis of price elasticity to changes in media outlook on First Mid over a specific investment horizon. Using First Mid hype-based prediction, you can estimate the value of First Mid Illinois from the perspective of First Mid response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in First Mid. 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 First Mid to buy its stock at a price that has no basis in reality. In that case, they are not buying First 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.

First Mid after-hype prediction price

    
  USD 32.23  
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.
  
Check out First Mid Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Mid'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.
Intrinsic
Valuation
LowRealHigh
31.1933.0634.93
Details
6 Analysts
Consensus
LowTargetHigh
31.4034.5038.30
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.750.790.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Mid. Your research has to be compared to or analyzed against First Mid's peers to derive any actionable benefits. When done correctly, First Mid's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in First Mid Illinois.

First Mid After-Hype Price Prediction Density Analysis

As far as predicting the price of First Mid 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 First Mid 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 First Mid, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

First Mid Estimiated After-Hype Price Volatility

In the context of predicting First Mid's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on First Mid's historical news coverage. First Mid's after-hype downside and upside margins for the prediction period are 30.36 and 34.10, respectively. We have considered First Mid'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
32.26
32.23
After-hype Price
34.10
Upside
First Mid is very steady at this time. Analysis and calculation of next after-hype price of First Mid Illinois is based on 3 months time horizon.

First Mid Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as First Mid is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Mid 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 First Mid, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.10 
1.87
  0.03 
  0.01 
9 Events / Month
2 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
32.26
32.23
0.09 
719.23  
Notes

First Mid Hype Timeline

First Mid Illinois is currently traded for 32.26. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of 0.01. First is forecasted to decline in value after the next headline, with the price expected to drop to 32.23. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.09%, whereas the daily expected return is currently at 0.1%. The volatility of related hype on First Mid is about 2301.54%, with the expected price after the next announcement by competition of 32.27. About 16.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.89. Some equities with similar Price to Book (P/B) outperform the market in the long run. First Mid Illinois has Price/Earnings To Growth (PEG) ratio of 1.88. The entity last dividend was issued on the 14th of May 2024. The firm had 3:2 split on the 2nd of July 2007. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days.
Check out First Mid Basic Forecasting Models to cross-verify your projections.

First Mid Related Hype Analysis

Having access to credible news sources related to First Mid's direct competition is more important than ever and may enhance your ability to predict First Mid's future price movements. Getting to know how First Mid'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 First Mid may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
FNWDFinward Bancorp 0.14 8 per month 0.86 (0.04) 1.36 (1.43) 5.77 
NFBKNorthfield Bancorp 0.41 9 per month 0.00 (0.18) 3.32 (4.92) 12.36 
LNKBLINKBANCORP 0.10 6 per month 0.00 (0.09) 3.95 (3.10) 13.49 
FIDSFNB Inc 0.00 0 per month 0.00 (0.14) 0.10 (2.22) 11.36 
MIFFMifflinburg Bancorp 0.00 0 per month 0.00 (0.05) 0.00  0.00  3.97 
CEFCCommercial National Financial 0.00 0 per month 0.00 (0.14) 1.81 (2.94) 7.15 
APLOApollo Bancorp 0.00 0 per month 0.00 (0.08) 2.13 (0.17) 13.92 
KPCPYKasikornbank Public Co 0.00 0 per month 2.40  0.05  3.72 (4.20) 9.65 

First Mid Additional Predictive Modules

Most predictive techniques to examine First price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for First using various technical indicators. When you analyze First 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.

About First Mid Predictive Indicators

The successful prediction of First Mid 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 First Mid Illinois, 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 First Mid based on analysis of First Mid hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to First Mid's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to First Mid's related companies.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01920.02760.02590.0154
Price To Sales Ratio3.222.541.961.86

Story Coverage note for First Mid

The number of cover stories for First Mid depends on current market conditions and First Mid's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that First Mid 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 First Mid's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

First Mid Short Properties

First Mid's future price predictability will typically decrease when First Mid's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of First Mid Illinois often depends not only on the future outlook of the potential First Mid'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. First Mid's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding21.9 M
Cash And Short Term Investments-143.1 M
When determining whether First Mid Illinois offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Mid'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 First Mid Illinois Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Mid Illinois Stock:
Check out First Mid Basic Forecasting Models to cross-verify your projections.
Note that the First Mid Illinois information on this page should be used as a complementary analysis to other First Mid'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running First Mid's price analysis, check to measure First Mid'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 First Mid is operating at the current time. Most of First Mid's value examination focuses on studying past and present price action to predict the probability of First Mid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Mid's price. Additionally, you may evaluate how the addition of First Mid to your portfolios can decrease your overall portfolio volatility.
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Is First Mid'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 First Mid. If investors know First 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 First Mid 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
(0.08)
Dividend Share
0.92
Earnings Share
3.08
Revenue Per Share
12.727
Quarterly Revenue Growth
0.208
The market value of First Mid Illinois is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Mid's value that differs from its market value or its book value, called intrinsic value, which is First Mid'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 First Mid's market value can be influenced by many factors that don't directly affect First Mid'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 First Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Mid'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.