Arrow Financial Stock Forecast - Simple Regression

AROW Stock  USD 33.45  0.75  2.29%   
The Simple Regression forecasted value of Arrow Financial on the next trading day is expected to be 32.20 with a mean absolute deviation of 1.27 and the sum of the absolute errors of 77.27. Arrow Stock Forecast is based on your current time horizon.
  
At this time, Arrow Financial's Fixed Asset Turnover is fairly stable compared to the past year. Asset Turnover is likely to climb to 0.05 in 2024, whereas Receivables Turnover is likely to drop 10.57 in 2024. . Common Stock Shares Outstanding is likely to climb to about 18 M in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 28.1 M in 2024.
Simple Regression model is a single variable regression model that attempts to put a straight line through Arrow Financial price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Arrow Financial Simple Regression Price Forecast For the 25th of November

Given 90 days horizon, the Simple Regression forecasted value of Arrow Financial on the next trading day is expected to be 32.20 with a mean absolute deviation of 1.27, mean absolute percentage error of 2.10, and the sum of the absolute errors of 77.27.
Please note that although there have been many attempts to predict Arrow Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Arrow Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Arrow Financial Stock Forecast Pattern

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Arrow Financial Forecasted Value

In the context of forecasting Arrow Financial's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Arrow Financial's downside and upside margins for the forecasting period are 29.71 and 34.69, respectively. We have considered Arrow Financial's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
33.45
32.20
Expected Value
34.69
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Arrow Financial stock data series using in forecasting. Note that when a statistical model is used to represent Arrow Financial stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria118.8512
BiasArithmetic mean of the errors None
MADMean absolute deviation1.2667
MAPEMean absolute percentage error0.0425
SAESum of the absolute errors77.2716
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Arrow Financial historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Arrow Financial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Arrow Financial. Regardless of method or technology, however, to accurately forecast the stock 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.
Hype
Prediction
LowEstimatedHigh
31.0433.5536.06
Details
Intrinsic
Valuation
LowRealHigh
22.5625.0736.80
Details
Bollinger
Band Projection (param)
LowMiddleHigh
32.4933.2033.91
Details
1 Analysts
Consensus
LowTargetHigh
16.3818.0019.98
Details

Other Forecasting Options for Arrow Financial

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

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 Risk & Return  Correlation

Arrow Financial 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 Arrow Financial'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 Arrow Financial's current price.

Arrow Financial Market Strength Events

Market strength indicators help investors to evaluate how Arrow Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arrow Financial shares will generate the highest return on investment. By undertsting and applying Arrow Financial stock market strength indicators, traders can identify Arrow Financial entry and exit signals to maximize returns.

Arrow Financial Risk Indicators

The analysis of Arrow Financial'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 Arrow Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting arrow 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.
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.

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Additional Tools for Arrow Stock Analysis

When running Arrow Financial's price analysis, check to measure Arrow 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 Arrow Financial is operating at the current time. Most of Arrow Financial's value examination focuses on studying past and present price action to predict the probability of Arrow 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 Arrow Financial's price. Additionally, you may evaluate how the addition of Arrow Financial to your portfolios can decrease your overall portfolio volatility.