Columbia Banking Stock Forecast - Simple Moving Average

COLB Stock  USD 31.72  0.29  0.91%   
The Simple Moving Average forecasted value of Columbia Banking System on the next trading day is expected to be 31.72 with a mean absolute deviation of 0.48 and the sum of the absolute errors of 28.74. Columbia Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Columbia Banking stock prices and determine the direction of Columbia Banking System's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Columbia Banking's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Columbia Banking's Payables Turnover is projected to increase slightly based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.05, whereas Inventory Turnover is forecasted to decline to (0.48). . The current year's Common Stock Shares Outstanding is expected to grow to about 205.7 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 302.1 M.
A two period moving average forecast for Columbia Banking is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Columbia Banking Simple Moving Average Price Forecast For the 28th of November

Given 90 days horizon, the Simple Moving Average forecasted value of Columbia Banking System on the next trading day is expected to be 31.72 with a mean absolute deviation of 0.48, mean absolute percentage error of 0.51, and the sum of the absolute errors of 28.74.
Please note that although there have been many attempts to predict Columbia 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 Columbia Banking's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Columbia Banking Stock Forecast Pattern

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Columbia Banking Forecasted Value

In the context of forecasting Columbia Banking'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. Columbia Banking's downside and upside margins for the forecasting period are 29.34 and 34.10, respectively. We have considered Columbia Banking'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
31.72
31.72
Expected Value
34.10
Upside

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 Columbia Banking stock data series using in forecasting. Note that when a statistical model is used to represent Columbia Banking 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 Criteria115.5985
BiasArithmetic mean of the errors -0.1834
MADMean absolute deviation0.4791
MAPEMean absolute percentage error0.017
SAESum of the absolute errors28.745
The simple moving average model is conceptually a linear regression of the current value of Columbia Banking System price series against current and previous (unobserved) value of Columbia Banking. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Columbia Banking

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Columbia Banking 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
29.9532.3034.65
Details
Intrinsic
Valuation
LowRealHigh
26.9729.3235.21
Details
11 Analysts
Consensus
LowTargetHigh
22.3024.5027.20
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.630.650.68
Details

Other Forecasting Options for Columbia Banking

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

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 Risk & Return  Correlation

Columbia Banking System 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 Columbia Banking's 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 Columbia Banking's current price.

Columbia Banking Market Strength Events

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

Columbia Banking Risk Indicators

The analysis of Columbia Banking'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 Columbia Banking's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting columbia 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Columbia Banking System offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbia Banking's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Columbia Banking System Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Columbia Banking System Stock:
Check out Historical Fundamental Analysis of Columbia Banking to cross-verify your projections.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Columbia Banking. If investors know Columbia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Columbia Banking listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.077
Dividend Share
0.36
Earnings Share
2.35
Revenue Per Share
8.776
Quarterly Revenue Growth
(0.04)
The market value of Columbia Banking System is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia Banking's value that differs from its market value or its book value, called intrinsic value, which is Columbia Banking's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbia Banking's market value can be influenced by many factors that don't directly affect Columbia Banking's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbia Banking's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Banking is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Banking's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.