BNK Banking Stock Forward View - Simple Exponential Smoothing
| BBC Stock | 0.28 0.00 0.00% |
BNK Stock outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of BNK Banking's share price is at 59 suggesting 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 BNK Banking, making its price go up or down. Momentum 59
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth 0.199 | Quarterly Revenue Growth 0.417 |
Using BNK Banking hype-based prediction, you can estimate the value of BNK Banking from the perspective of BNK Banking response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of BNK Banking on the next trading day is expected to be 0.28 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.28. BNK Banking after-hype prediction price | AUD 0.28 |
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.
BNK |
BNK Banking Additional Predictive Modules
Most predictive techniques to examine BNK price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for BNK using various technical indicators. When you analyze BNK 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
BNK Banking Simple Exponential Smoothing Price Forecast For the 25th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of BNK Banking on the next trading day is expected to be 0.28 with a mean absolute deviation of 0, mean absolute percentage error of 0.000044, and the sum of the absolute errors of 0.28.Please note that although there have been many attempts to predict BNK Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that BNK Banking's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
BNK Banking Stock Forecast Pattern
| Backtest BNK Banking | BNK Banking Price Prediction | Research Analysis |
BNK Banking Forecasted Value
In the context of forecasting BNK Banking'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. BNK Banking's downside and upside margins for the forecasting period are 0 and 2.80, respectively. We have considered BNK Banking'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of BNK Banking stock data series using in forecasting. Note that when a statistical model is used to represent BNK Banking 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.| AIC | Akaike Information Criteria | 106.236 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0046 |
| MAPE | Mean absolute percentage error | 0.0159 |
| SAE | Sum of the absolute errors | 0.2753 |
Predictive Modules for BNK Banking
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BNK Banking. 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.BNK Banking After-Hype Price Density Analysis
As far as predicting the price of BNK Banking 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 BNK Banking 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 BNK Banking, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
BNK Banking Estimiated After-Hype Price Volatility
In the context of predicting BNK Banking's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on BNK Banking's historical news coverage. BNK Banking's after-hype downside and upside margins for the prediction period are 0.01 and 2.82, respectively. We have considered BNK Banking'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
BNK Banking is out of control at this time. Analysis and calculation of next after-hype price of BNK Banking is based on 3 months time horizon.
BNK Banking Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as BNK Banking is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BNK Banking 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 BNK Banking, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.03 | 2.52 | 0.00 | 0.00 | 2 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.28 | 0.28 | 0.00 |
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BNK Banking Hype Timeline
BNK Banking is currently traded for 0.28on Australian Securities Exchange of Australia. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. BNK is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.03%. %. The volatility of related hype on BNK Banking is about 60827.59%, with the expected price after the next announcement by competition of 0.28. About 66.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.27. Some equities with similar Price to Book (P/B) outperform the market in the long run. BNK Banking last dividend was issued on the 18th of July 2022. Assuming the 90 days trading horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of BNK Banking to cross-verify your projections.BNK Banking Related Hype Analysis
Having access to credible news sources related to BNK Banking's direct competition is more important than ever and may enhance your ability to predict BNK Banking's future price movements. Getting to know how BNK Banking'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 BNK Banking may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| KLR | Kaili Resources | 0.00 | 1 per month | 0.00 | (0.05) | 14.29 | (10.00) | 32.50 | |
| PH2 | Pure Hydrogen | (0) | 4 per month | 0.00 | (0.05) | 6.10 | (5.06) | 11.93 | |
| VFX | Visionflex Group | (0.01) | 3 per month | 14.37 | 0.17 | 15.79 | (20.83) | 4,998 | |
| SLM | Solis Minerals | 0 | 4 per month | 0.00 | (0.14) | 4.55 | (6.25) | 18.31 | |
| MDX | Mindax | 0.00 | 3 per month | 0.00 | (0.08) | 4.88 | (4.76) | 21.39 | |
| LTP | LTR Pharma | (0.01) | 4 per month | 3.66 | 0.01 | 9.30 | (7.27) | 30.67 | |
| DTR | Dateline Resources | 0.05 | 9 per month | 6.47 | 0.06 | 10.71 | (13.64) | 36.37 |
Other Forecasting Options for BNK Banking
For every potential investor in BNK, whether a beginner or expert, BNK Banking's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BNK Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BNK. Basic forecasting techniques help filter out the noise by identifying BNK Banking's price trends.BNK Banking 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 BNK Banking stock to make a market-neutral strategy. Peer analysis of BNK Banking could also be used in its relative valuation, which is a method of valuing BNK Banking by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BNK Banking Market Strength Events
Market strength indicators help investors to evaluate how BNK Banking stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BNK Banking shares will generate the highest return on investment. By undertsting and applying BNK Banking stock market strength indicators, traders can identify BNK Banking entry and exit signals to maximize returns.
BNK Banking Risk Indicators
The analysis of BNK Banking'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 BNK Banking's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bnk 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 | 1.3 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.52 |
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.
Story Coverage note for BNK Banking
The number of cover stories for BNK Banking depends on current market conditions and BNK Banking's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that BNK Banking 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 BNK Banking's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Tools for BNK Stock Analysis
When running BNK Banking's price analysis, check to measure BNK Banking'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 BNK Banking is operating at the current time. Most of BNK Banking's value examination focuses on studying past and present price action to predict the probability of BNK Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BNK Banking's price. Additionally, you may evaluate how the addition of BNK Banking to your portfolios can decrease your overall portfolio volatility.