First Busey Stock Forecast - 20 Period Moving Average

BUSE Stock  USD 26.69  0.24  0.89%   
The 20 Period Moving Average forecasted value of First Busey Corp on the next trading day is expected to be 26.59 with a mean absolute deviation of 0.91 and the sum of the absolute errors of 37.13. First Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast First Busey stock prices and determine the direction of First Busey Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of First Busey's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of November 29, 2024, Fixed Asset Turnover is expected to decline to 0.36. In addition to that, Asset Turnover is expected to decline to 0. The current year's Common Stock Shares Outstanding is expected to grow to about 59.1 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 154.9 M.

Open Interest Against 2024-12-20 First Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast First Busey'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 First Busey's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for First Busey 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 First Busey's open interest, investors have to compare it to First Busey'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 First Busey 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 First. 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.
A commonly used 20-period moving average forecast model for First Busey Corp is based on a synthetically constructed First Buseydaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

First Busey 20 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of First Busey Corp on the next trading day is expected to be 26.59 with a mean absolute deviation of 0.91, mean absolute percentage error of 1.11, and the sum of the absolute errors of 37.13.
Please note that although there have been many attempts to predict First 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 First Busey's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

First Busey Stock Forecast Pattern

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First Busey Forecasted Value

In the context of forecasting First Busey'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. First Busey's downside and upside margins for the forecasting period are 24.32 and 28.86, respectively. We have considered First Busey'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
26.69
26.59
Expected Value
28.86
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of First Busey stock data series using in forecasting. Note that when a statistical model is used to represent First Busey 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 Criteria81.4574
BiasArithmetic mean of the errors -0.3088
MADMean absolute deviation0.9056
MAPEMean absolute percentage error0.0348
SAESum of the absolute errors37.131
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. First Busey Corp 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for First Busey

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Busey Corp. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Busey'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.
Hype
Prediction
LowEstimatedHigh
24.4226.6928.96
Details
Intrinsic
Valuation
LowRealHigh
22.5124.7827.05
Details
6 Analysts
Consensus
LowTargetHigh
21.2323.3325.90
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.510.510.52
Details

Other Forecasting Options for First Busey

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

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 Risk & Return  Correlation

First Busey Corp 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 First Busey'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 First Busey's current price.

First Busey Market Strength Events

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

First Busey Risk Indicators

The analysis of First Busey'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 First Busey's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first 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.

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 First Busey Corp is a strong investment it is important to analyze First Busey'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 First Busey's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of First Busey to cross-verify your projections.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Regional Banks space 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 Busey. 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 Busey 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
0.019
Dividend Share
0.96
Earnings Share
1.95
Revenue Per Share
7.943
Quarterly Revenue Growth
0.093
The market value of First Busey Corp 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 Busey's value that differs from its market value or its book value, called intrinsic value, which is First Busey'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 Busey's market value can be influenced by many factors that don't directly affect First Busey'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 Busey's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Busey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Busey'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.