Evans Bancorp Stock Forecast - Simple Regression

EVBNDelisted Stock  USD 39.53  0.00  0.00%   
The Simple Regression forecasted value of Evans Bancorp on the next trading day is expected to be 36.05 with a mean absolute deviation of 1.30 and the sum of the absolute errors of 79.11. Evans Stock Forecast is based on your current time horizon.
As of today the value of rsi of Evans Bancorp'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
The successful prediction of Evans Bancorp's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Evans Bancorp, which may create opportunities for some arbitrage if properly timed.
Using Evans Bancorp hype-based prediction, you can estimate the value of Evans Bancorp from the perspective of Evans Bancorp response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Evans Bancorp on the next trading day is expected to be 36.05 with a mean absolute deviation of 1.30 and the sum of the absolute errors of 79.11.

Evans Bancorp after-hype prediction price

    
  USD 39.53  
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 delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Evans Bancorp Additional Predictive Modules

Most predictive techniques to examine Evans price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Evans using various technical indicators. When you analyze Evans 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Evans Bancorp price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Evans Bancorp Simple Regression Price Forecast For the 18th of January 2026

Given 90 days horizon, the Simple Regression forecasted value of Evans Bancorp on the next trading day is expected to be 36.05 with a mean absolute deviation of 1.30, mean absolute percentage error of 2.59, and the sum of the absolute errors of 79.11.
Please note that although there have been many attempts to predict Evans 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 Evans Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Evans Bancorp Stock Forecast Pattern

Backtest Evans BancorpEvans Bancorp Price PredictionBuy or Sell Advice 

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Evans Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent Evans Bancorp 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 Criteria119.0603
BiasArithmetic mean of the errors None
MADMean absolute deviation1.2968
MAPEMean absolute percentage error0.0339
SAESum of the absolute errors79.105
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Evans Bancorp historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Evans 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 Evans Bancorp. 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
39.5339.5339.53
Details
Intrinsic
Valuation
LowRealHigh
33.5333.5343.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Evans Bancorp. Your research has to be compared to or analyzed against Evans Bancorp's peers to derive any actionable benefits. When done correctly, Evans Bancorp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Evans Bancorp.

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

Evans Bancorp Market Strength Events

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

Evans Bancorp Risk Indicators

The analysis of Evans Bancorp'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 Evans Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting evans 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.

Pair Trading with Evans Bancorp

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 Evans Bancorp 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 Evans Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving against Evans Stock

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The ability to find closely correlated positions to Evans Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evans Bancorp 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 Evans Bancorp - 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 Evans Bancorp to buy it.
The correlation of Evans Bancorp 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 Evans Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evans Bancorp 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 Evans Bancorp 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.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Evans Stock

If you are still planning to invest in Evans Bancorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Evans Bancorp's history and understand the potential risks before investing.
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