Community Bancorp OTC Stock Forecast - Naive Prediction

Community Bancorp 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. A naive forecasting model for Community Bancorp is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Community 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.

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

Given 90 days horizon, the Naive Prediction forecasted value of Community Bancorp on the next trading day is expected to be 28.57 with a mean absolute deviation of 0.31, mean absolute percentage error of 0.22, and the sum of the absolute errors of 19.44.

Community Bancorp OTC Stock Forecast Pattern

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Community Bancorp Price Prediction

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Community 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 Community Bancorp otc stock data series using in forecasting. Note that when a statistical model is used to represent Community 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 Community 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 Community 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 Community 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 Community 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 25.88 28.00 30.12 Details

Intrinsic Valuation Low Real High 25.20 31.64 33.76 Details

Bollinger Band Projection (param) Low Middle High 22.96 26.07 29.19 Details

Community Bancorp After-Hype Price Prediction Density Analysis

Community Bancorp Estimiated After-Hype Price Volatility

Community Bancorp OTC Stock Price Prediction Analysis

Community Bancorp Hype Timeline

Community Bancorp is currently traded for 28.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Community is anticipated 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 anticipated to be very small, whereas the daily expected return is currently at 0.33%. %. The volatility of related hype on Community Bancorp is about 0.0%, with the expected price after the next announcement by competition of 28.00. About 15.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.51. Some equities with similar Price to Book (P/B) outperform the market in the long run. Community Bancorp last dividend was issued on the 12th of January 2023. The entity had 105:100 split on the 11th of July 2007. Given the investment horizon of 90 days the next anticipated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Community Bancorp to cross-verify your projections.

Community Bancorp Related Hype Analysis

Other Forecasting Options for Community Bancorp

For every potential investor in Community, whether a beginner or expert, Community Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Community OTC 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 Bancorp's price trends.

Community Bancorp Related Equities

Risk & Return

Correlation

Community Bancorp Market Strength Events

Community Bancorp Risk Indicators

Story Coverage note for Community Bancorp

Other Macroaxis Stories

Community Bancorp Short Properties

Additional Tools for Community OTC Stock Analysis