Erie Indemnity Stock Forecast - Naive Prediction
| ERIE Stock | USD 281.41 0.89 0.32% |
The Naive Prediction forecasted value of Erie Indemnity on the next trading day is expected to be 292.05 with a mean absolute deviation of 6.08 and the sum of the absolute errors of 376.79. Erie Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Erie Indemnity stock prices and determine the direction of Erie Indemnity's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Erie Indemnity's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength indicator of Erie Indemnity'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 |
Quarterly Earnings Growth 0.144 | EPS Estimate Next Quarter 3.09 | EPS Estimate Current Year 12.59 | EPS Estimate Next Year 14.01 | Wall Street Target Price 115 |
Using Erie Indemnity hype-based prediction, you can estimate the value of Erie Indemnity from the perspective of Erie Indemnity response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Erie Indemnity using Erie Indemnity's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Erie using crowd psychology based on the activity and movement of Erie Indemnity's stock price.
Erie Indemnity Short Interest
A significant increase or decrease in Erie Indemnity's short interest from the previous month could be a good indicator of investor sentiment towards Erie. Short interest can provide insight into the potential direction of Erie Indemnity stock and how bullish or bearish investors feel about the market overall.
200 Day MA 337.1312 | Short Percent 0.0889 | Short Ratio 13.02 | Shares Short Prior Month 2.2 M | 50 Day MA 287.3842 |
Erie Indemnity Hype to Price Pattern
Investor biases related to Erie Indemnity's public news can be used to forecast risks associated with an investment in Erie. The trend in average sentiment can be used to explain how an investor holding Erie can time the market purely based on public headlines and social activities around Erie Indemnity. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Erie Indemnity's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Erie Indemnity.
Erie Indemnity Implied Volatility | 0.47 |
Erie Indemnity's implied volatility exposes the market's sentiment of Erie Indemnity stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Erie Indemnity's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Erie Indemnity stock will not fluctuate a lot when Erie Indemnity's options are near their expiration.
The Naive Prediction forecasted value of Erie Indemnity on the next trading day is expected to be 292.05 with a mean absolute deviation of 6.08 and the sum of the absolute errors of 376.79. Erie Indemnity after-hype prediction price | USD 281.33 |
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 Erie Indemnity to cross-verify your projections. Open Interest Against 2026-03-20 Erie Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Erie Indemnity's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Erie Indemnity's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Erie Indemnity stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Erie Indemnity's open interest, investors have to compare it to Erie Indemnity's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Erie Indemnity is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Erie. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Erie Indemnity Additional Predictive Modules
Most predictive techniques to examine Erie price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Erie using various technical indicators. When you analyze Erie 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Erie Indemnity Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Erie Indemnity's financial statements to predict how it will affect future prices.
Cash | First Reported 1995-12-31 | Previous Quarter 332.1 M | Current Value 568.6 M | Quarterly Volatility 140.2 M |
Erie Indemnity Naive Prediction Price Forecast For the 15th of January 2026
Given 90 days horizon, the Naive Prediction forecasted value of Erie Indemnity on the next trading day is expected to be 292.05 with a mean absolute deviation of 6.08, mean absolute percentage error of 54.11, and the sum of the absolute errors of 376.79.Please note that although there have been many attempts to predict Erie 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 Erie Indemnity's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Erie Indemnity Stock Forecast Pattern
| Backtest Erie Indemnity | Erie Indemnity Price Prediction | Buy or Sell Advice |
Erie Indemnity Forecasted Value
In the context of forecasting Erie Indemnity'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. Erie Indemnity's downside and upside margins for the forecasting period are 290.17 and 293.94, respectively. We have considered Erie Indemnity'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.
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 Erie Indemnity stock data series using in forecasting. Note that when a statistical model is used to represent Erie Indemnity 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 | 123.9394 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 6.0773 |
| MAPE | Mean absolute percentage error | 0.0207 |
| SAE | Sum of the absolute errors | 376.7942 |
Predictive Modules for Erie Indemnity
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Erie Indemnity. 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 Erie Indemnity
For every potential investor in Erie, whether a beginner or expert, Erie Indemnity's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Erie Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Erie. Basic forecasting techniques help filter out the noise by identifying Erie Indemnity's price trends.Erie Indemnity 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 Erie Indemnity stock to make a market-neutral strategy. Peer analysis of Erie Indemnity could also be used in its relative valuation, which is a method of valuing Erie Indemnity by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Erie Indemnity 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 Erie Indemnity'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 Erie Indemnity's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Erie Indemnity Market Strength Events
Market strength indicators help investors to evaluate how Erie Indemnity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Erie Indemnity shares will generate the highest return on investment. By undertsting and applying Erie Indemnity stock market strength indicators, traders can identify Erie Indemnity entry and exit signals to maximize returns.
| Accumulation Distribution | 9369.6 | |||
| Daily Balance Of Power | (0.09) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 285.25 | |||
| Day Typical Price | 283.97 | |||
| Price Action Indicator | (4.28) | |||
| Period Momentum Indicator | (0.89) |
Erie Indemnity Risk Indicators
The analysis of Erie Indemnity'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 Erie Indemnity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting erie 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 | 1.38 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.39 |
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 Erie Indemnity is a strong investment it is important to analyze Erie Indemnity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Erie Indemnity's future performance. For an informed investment choice regarding Erie Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Erie Indemnity to cross-verify your projections. For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Property & Casualty Insurance 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 Erie Indemnity. If investors know Erie 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 Erie Indemnity 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 0.144 | Dividend Share 5.46 | Earnings Share 12.39 | Revenue Per Share | Quarterly Revenue Growth 0.067 |
The market value of Erie Indemnity is measured differently than its book value, which is the value of Erie that is recorded on the company's balance sheet. Investors also form their own opinion of Erie Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Erie Indemnity'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 Erie Indemnity's market value can be influenced by many factors that don't directly affect Erie Indemnity'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 Erie Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erie Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erie Indemnity'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.