California First OTC Stock Forward View - Triple Exponential Smoothing

CFNB Stock  USD 27.78  0.02  0.07%   
California OTC Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast California First stock prices and determine the direction of California First National's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of California First's historical fundamentals, such as revenue growth or operating cash flow patterns.
The value of RSI of California First's otc stock price is about 69 suggesting that the otc stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling California, making its price go up or down.

Momentum 69

 Buy Stretched

 
Oversold
 
Overbought
California First National stock price prediction is an act of determining the future value of California First shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of California First's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of California First and does not consider all of the tangible or intangible factors available from California First's fundamental data. We analyze noise-free headlines and recent hype associated with California First National, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether otc price prediction based on information in financial news can generate signals. We use our internally-built news screening methodology to estimate the value of California First based on different types of headlines from major news networks to social media. Using California First hype-based prediction, you can estimate the value of California First National from the perspective of California First response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of California First National on the next trading day is expected to be 27.78 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 11.89.

California First after-hype prediction price

    
  USD 27.78  
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 otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of California First to cross-verify your projections.

California First Additional Predictive Modules

Most predictive techniques to examine California price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for California using various technical indicators. When you analyze California 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.
Triple exponential smoothing for California First - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When California First prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in California First price movement. However, neither of these exponential smoothing models address any seasonality of California First National.

California First Triple Exponential Smoothing Price Forecast For the 3rd of February

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of California First National on the next trading day is expected to be 27.78 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.33, and the sum of the absolute errors of 11.89.
Please note that although there have been many attempts to predict California OTC 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 California First's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

California First OTC Stock Forecast Pattern

Backtest California First  California First Price Prediction  Research Analysis  

California First Forecasted Value

In the context of forecasting California First's OTC 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. California First's downside and upside margins for the forecasting period are 25.36 and 30.20, respectively. We have considered California First'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
27.78
27.78
Expected Value
30.20
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of California First otc stock data series using in forecasting. Note that when a statistical model is used to represent California First 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.0937
MADMean absolute deviation0.2015
MAPEMean absolute percentage error0.0078
SAESum of the absolute errors11.89
As with simple exponential smoothing, in triple exponential smoothing models past California First observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older California First National observations.

Predictive Modules for California First

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as California First National. 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
LowEstimatedHigh
25.3627.7830.20
Details
Intrinsic
Valuation
LowRealHigh
24.0526.4728.89
Details
Bollinger
Band Projection (param)
LowMiddleHigh
26.6327.6228.61
Details

California First After-Hype Price Density Analysis

As far as predicting the price of California First 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 California First 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 OTC Stock prices, such as prices of California First, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

California First Estimiated After-Hype Price Volatility

In the context of predicting California First's otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on California First's historical news coverage. California First's after-hype downside and upside margins for the prediction period are 25.36 and 30.20, respectively. We have considered California First'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
27.78
27.78
After-hype Price
30.20
Upside
California First is very steady at this time. Analysis and calculation of next after-hype price of California First National is based on 3 months time horizon.

California First OTC Stock Price Outlook Analysis

Have you ever been surprised when a price of a OTC Stock such as California First is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading California First 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 OTC 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 California First, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.39 
2.42
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
27.78
27.78
0.00 
0.00  
Notes

California First Hype Timeline

California First National is currently traded for 27.78. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. California is estimated 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 estimated to be very small, whereas the daily expected return is currently at 0.39%. %. The volatility of related hype on California First is about 24200.0%, with the expected price after the next announcement by competition of 27.78. About 82.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.78. Some equities with similar Price to Book (P/B) outperform the market in the long run. California First National last dividend was issued on the 15th of November 2021. The entity had 2:1 split on the 20th of October 1997. Given the investment horizon of 90 days the next estimated press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of California First to cross-verify your projections.

California First Related Hype Analysis

Having access to credible news sources related to California First's direct competition is more important than ever and may enhance your ability to predict California First's future price movements. Getting to know how California First'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 California First may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
FNRNFirst Northern Community 0.00 0 per month 0.08  0.05  1.00 (0.45) 3.04 
MLGFMalaga Financial 0.00 0 per month 1.30  0.01  2.47 (2.92) 12.28 
TSRUFPacific Current Group 0.09 2 per month 0.00 (0.27) 0.00  0.00  3.87 
PASMFPremier Miton Group 0.00 0 per month 0.00  0.01  0.00  0.00  6.16 
FIZNFirst Citizens Bancshares 0.00 0 per month 0.00 (0.60) 0.00  0.00  0.50 
TSCFYTISCO Financial Group 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
EXSRExchange Bank 0.00 0 per month 1.14  0.16  2.56 (2.22) 13.18 
APPCFAPAC Resources Limited 0.00 0 per month 0.00  0.12  0.00  0.00  78.57 
FFMHFirst Farmers and 0.00 0 per month 0.00  0.28  1.11 (0.60) 3.36 

Other Forecasting Options for California First

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

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

California First Market Strength Events

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

California First Risk Indicators

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

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

Other Macroaxis Stories

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Other Information on Investing in California OTC Stock

California First financial ratios help investors to determine whether California OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in California with respect to the benefits of owning California First security.