CullenFrost Bankers Stock Forecast - Simple Moving Average
| CFR Stock | USD 142.91 1.01 0.70% |
The Simple Moving Average forecasted value of CullenFrost Bankers on the next trading day is expected to be 142.91 with a mean absolute deviation of 2.09 and the sum of the absolute errors of 123.42. CullenFrost Stock Forecast is based on your current time horizon. Although CullenFrost Bankers' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of CullenFrost Bankers' systematic risk associated with finding meaningful patterns of CullenFrost Bankers fundamentals over time.
CullenFrost |
CullenFrost Bankers Simple Moving Average Price Forecast For the 28th of November
Given 90 days horizon, the Simple Moving Average forecasted value of CullenFrost Bankers on the next trading day is expected to be 142.91 with a mean absolute deviation of 2.09, mean absolute percentage error of 10.29, and the sum of the absolute errors of 123.42.Please note that although there have been many attempts to predict CullenFrost 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 CullenFrost Bankers' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
CullenFrost Bankers Stock Forecast Pattern
| Backtest CullenFrost Bankers | CullenFrost Bankers Price Prediction | Buy or Sell Advice |
CullenFrost Bankers Forecasted Value
In the context of forecasting CullenFrost Bankers' 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. CullenFrost Bankers' downside and upside margins for the forecasting period are 140.62 and 145.20, respectively. We have considered CullenFrost Bankers' 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 Moving Average forecasting method's relative quality and the estimations of the prediction error of CullenFrost Bankers stock data series using in forecasting. Note that when a statistical model is used to represent CullenFrost Bankers 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 | 116.7659 |
| Bias | Arithmetic mean of the errors | -0.83 |
| MAD | Mean absolute deviation | 2.0919 |
| MAPE | Mean absolute percentage error | 0.0168 |
| SAE | Sum of the absolute errors | 123.42 |
Predictive Modules for CullenFrost Bankers
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CullenFrost Bankers. 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.Other Forecasting Options for CullenFrost Bankers
For every potential investor in CullenFrost, whether a beginner or expert, CullenFrost Bankers' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CullenFrost Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CullenFrost. Basic forecasting techniques help filter out the noise by identifying CullenFrost Bankers' price trends.CullenFrost Bankers 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 CullenFrost Bankers stock to make a market-neutral strategy. Peer analysis of CullenFrost Bankers could also be used in its relative valuation, which is a method of valuing CullenFrost Bankers by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CullenFrost Bankers 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 CullenFrost Bankers' 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 CullenFrost Bankers' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
CullenFrost Bankers Market Strength Events
Market strength indicators help investors to evaluate how CullenFrost Bankers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CullenFrost Bankers shares will generate the highest return on investment. By undertsting and applying CullenFrost Bankers stock market strength indicators, traders can identify CullenFrost Bankers entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0144 | |||
| Daily Balance Of Power | (0.49) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 143.12 | |||
| Day Typical Price | 143.05 | |||
| Market Facilitation Index | 2.07 | |||
| Price Action Indicator | (0.71) | |||
| Period Momentum Indicator | (1.01) | |||
| Relative Strength Index | 64.48 |
CullenFrost Bankers Risk Indicators
The analysis of CullenFrost Bankers' 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 CullenFrost Bankers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cullenfrost 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 | 1.48 | |||
| Semi Deviation | 1.28 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.12 | |||
| Downside Variance | 2.56 | |||
| Semi Variance | 1.63 | |||
| Expected Short fall | (1.74) |
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.
Pair Trading with CullenFrost Bankers
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CullenFrost Bankers position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CullenFrost Bankers will appreciate offsetting losses from the drop in the long position's value.Moving together with CullenFrost Stock
| 0.87 | AX | Axos Financial | PairCorr |
| 0.85 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.67 | KB | KB Financial Group | PairCorr |
Moving against CullenFrost Stock
| 0.65 | TFC-PO | Truist Financial | PairCorr |
| 0.6 | CFG-PE | Citizens Financial | PairCorr |
| 0.59 | TFC-PR | Truist Financial | PairCorr |
| 0.44 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to CullenFrost Bankers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CullenFrost Bankers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CullenFrost Bankers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CullenFrost Bankers to buy it.
The correlation of CullenFrost Bankers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CullenFrost Bankers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CullenFrost Bankers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CullenFrost Bankers can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for CullenFrost Stock Analysis
When running CullenFrost Bankers' price analysis, check to measure CullenFrost Bankers' 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 CullenFrost Bankers is operating at the current time. Most of CullenFrost Bankers' value examination focuses on studying past and present price action to predict the probability of CullenFrost Bankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CullenFrost Bankers' price. Additionally, you may evaluate how the addition of CullenFrost Bankers to your portfolios can decrease your overall portfolio volatility.