Consumers Bancorp OTC Stock Forecast - Naive Prediction

Consumers Bancorp Additional Predictive Modules

Most predictive techniques to examine Consumers price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Consumers using various technical indicators. When you analyze Consumers 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. A naive forecasting model for Consumers Bancorp is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Consumers Bancorp value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Consumers Bancorp Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of Consumers Bancorp on the next trading day is expected to be 26.32 with a mean absolute deviation of 0.32, mean absolute percentage error of 0.17, and the sum of the absolute errors of 19.58.

Consumers Bancorp OTC Stock Forecast Pattern

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Consumers Bancorp Price Prediction

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Consumers Bancorp Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Consumers Bancorp otc stock data series using in forecasting. Note that when a statistical model is used to represent Consumers Bancorp otc 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. This model is not at all useful as a medium-long range forecasting tool of Consumers Bancorp. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Consumers Bancorp. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Consumers Bancorp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Consumers Bancorp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Low Estimated High 25.47 26.90 28.33 Details

Intrinsic Valuation Low Real High 24.26 25.69 27.12 Details

Bollinger Band Projection (param) Low Middle High 23.35 25.55 27.75 Details

Consumers Bancorp After-Hype Price Prediction Density Analysis

Consumers Bancorp Estimiated After-Hype Price Volatility

Consumers Bancorp OTC Stock Price Prediction Analysis

Consumers Bancorp Hype Timeline

Consumers Bancorp is currently traded for 26.90. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.98. Consumers 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 insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.24%. %. The volatility of related hype on Consumers Bancorp is about 35.12%, with the expected price after the next announcement by competition of 27.88. The company has price-to-book (P/B) ratio of 1.48. Some equities with similar Price to Book (P/B) outperform the market in the long run. Consumers Bancorp last dividend was issued on the 18th of November 2022. The entity had 3:1 split on the 19th of March 2002. Given the investment horizon of 90 days the next forecasted press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Consumers Bancorp to cross-verify your projections.

Consumers Bancorp Related Hype Analysis

Other Forecasting Options for Consumers Bancorp

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

Consumers Bancorp Related Equities

Risk & Return

Correlation

Consumers Bancorp Market Strength Events

Consumers Bancorp Risk Indicators

Story Coverage note for Consumers Bancorp

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Other Information on Investing in Consumers OTC Stock