Community Bank Stock Forward View - Simple Regression

CBU Stock  USD 66.39  1.00  1.53%   
Community Stock outlook is based on your current time horizon.
At this time the relative strength index (rsi) of Community Bank's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Community Bank's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Community Bank System, which may create opportunities for some arbitrage if properly timed.
Using Community Bank hype-based prediction, you can estimate the value of Community Bank System from the perspective of Community Bank response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Community Bank System on the next trading day is expected to be 64.48 with a mean absolute deviation of 1.08 and the sum of the absolute errors of 66.14.

Community Bank after-hype prediction price

    
  USD 67.27  
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 Historical Fundamental Analysis of Community Bank to cross-verify your projections.

Community Bank Additional Predictive Modules

Most predictive techniques to examine Community price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Community using various technical indicators. When you analyze Community 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Community Bank 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.

Community Bank Simple Regression Price Forecast For the 9th of February

Given 90 days horizon, the Simple Regression forecasted value of Community Bank System on the next trading day is expected to be 64.48 with a mean absolute deviation of 1.08, mean absolute percentage error of 1.71, and the sum of the absolute errors of 66.14.
Please note that although there have been many attempts to predict Community 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 Community Bank's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Community Bank Stock Forecast Pattern

Backtest Community Bank  Community Bank Price Prediction  Research Analysis  

Community Bank Forecasted Value

In the context of forecasting Community Bank'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. Community Bank's downside and upside margins for the forecasting period are 62.94 and 66.03, respectively. We have considered Community Bank'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
66.39
64.48
Expected Value
66.03
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 Community Bank stock data series using in forecasting. Note that when a statistical model is used to represent Community Bank 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 Criteria118.6464
BiasArithmetic mean of the errors None
MADMean absolute deviation1.0842
MAPEMean absolute percentage error0.0182
SAESum of the absolute errors66.1372
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 Community Bank System 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 Community Bank

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Community Bank System. 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
65.7267.2768.82
Details
Intrinsic
Valuation
LowRealHigh
59.7571.1172.66
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Community Bank. Your research has to be compared to or analyzed against Community Bank's peers to derive any actionable benefits. When done correctly, Community Bank'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 Community Bank System.

Community Bank After-Hype Price Density Analysis

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

Community Bank Estimiated After-Hype Price Volatility

In the context of predicting Community Bank's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Community Bank's historical news coverage. Community Bank's after-hype downside and upside margins for the prediction period are 65.72 and 68.82, respectively. We have considered Community Bank'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
66.39
67.27
After-hype Price
68.82
Upside
Community Bank is very steady at this time. Analysis and calculation of next after-hype price of Community Bank System is based on 3 months time horizon.

Community Bank Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Community Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Community Bank 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 Community Bank, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.29 
1.55
 0.00  
  0.08 
0 Events / Month
6 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
66.39
67.27
1.33 
0.00  
Notes

Community Bank Hype Timeline

On the 8th of February Community Bank System is traded for 66.39. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.08. Community is forecasted to increase in value after the next headline, with the price projected to jump to 67.27 or above. The average volatility of media hype impact on the company the price is insignificant. The price appreciation on the next news is projected to be 1.33%, whereas the daily expected return is currently at 0.29%. The volatility of related hype on Community Bank is about 540.7%, with the expected price after the next announcement by competition of 66.47. The company reported the last year's revenue of 928.71 M. Total Income to common stockholders was 182.48 M with profit before taxes, overhead, and interest of 796.94 M. Considering the 90-day investment horizon the next forecasted press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Community Bank to cross-verify your projections.

Community Bank Related Hype Analysis

Having access to credible news sources related to Community Bank's direct competition is more important than ever and may enhance your ability to predict Community Bank's future price movements. Getting to know how Community Bank'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 Community Bank may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Community Bank

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

Community Bank 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 Community Bank stock to make a market-neutral strategy. Peer analysis of Community Bank could also be used in its relative valuation, which is a method of valuing Community Bank by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Community Bank Market Strength Events

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

Community Bank Risk Indicators

The analysis of Community Bank'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 Community Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting community 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.

Story Coverage note for Community Bank

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

Additional Tools for Community Stock Analysis

When running Community Bank's price analysis, check to measure Community Bank'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 Community Bank is operating at the current time. Most of Community Bank's value examination focuses on studying past and present price action to predict the probability of Community Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Community Bank's price. Additionally, you may evaluate how the addition of Community Bank to your portfolios can decrease your overall portfolio volatility.