First National OTC Stock Forecast - Polynomial Regression
| FBAK Stock | USD 225.50 15.75 6.53% |
The Polynomial Regression forecasted value of First National Bank on the next trading day is expected to be 244.27 with a mean absolute deviation of 2.66 and the sum of the absolute errors of 162.11. First OTC Stock Forecast is based on your current time horizon.
First |
First National Polynomial Regression Price Forecast For the 30th of November
Given 90 days horizon, the Polynomial Regression forecasted value of First National Bank on the next trading day is expected to be 244.27 with a mean absolute deviation of 2.66, mean absolute percentage error of 14.40, and the sum of the absolute errors of 162.11.Please note that although there have been many attempts to predict First OTC 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 First National's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
First National OTC Stock Forecast Pattern
| Backtest First National | First National Price Prediction | Buy or Sell Advice |
First National Forecasted Value
In the context of forecasting First National's OTC 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. First National's downside and upside margins for the forecasting period are 242.37 and 246.17, respectively. We have considered First National'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of First National otc stock data series using in forecasting. Note that when a statistical model is used to represent First National 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.| AIC | Akaike Information Criteria | 120.7775 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 2.6575 |
| MAPE | Mean absolute percentage error | 0.0124 |
| SAE | Sum of the absolute errors | 162.1069 |
Predictive Modules for First National
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First National Bank. 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.Other Forecasting Options for First National
For every potential investor in First, whether a beginner or expert, First National's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. First OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in First. Basic forecasting techniques help filter out the noise by identifying First National's price trends.View First National Related Equities
| Risk & Return | Correlation |
First National Bank Technical and Predictive Analytics
The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of First National'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 First National's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
First National Market Strength Events
Market strength indicators help investors to evaluate how First National otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First National shares will generate the highest return on investment. By undertsting and applying First National otc stock market strength indicators, traders can identify First National Bank entry and exit signals to maximize returns.
| Accumulation Distribution | 80.8 | |||
| Daily Balance Of Power | (0.69) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 220.11 | |||
| Day Typical Price | 221.9 | |||
| Market Facilitation Index | 0.0282 | |||
| Price Action Indicator | (2.48) | |||
| Period Momentum Indicator | (15.75) |
First National Risk Indicators
The analysis of First National'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 First National's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first otc 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 | 1.27 | |||
| Semi Deviation | 1.76 | |||
| Standard Deviation | 1.86 | |||
| Variance | 3.46 | |||
| Downside Variance | 4.97 | |||
| Semi Variance | 3.11 | |||
| Expected Short fall | (1.40) |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in First OTC Stock
First National financial ratios help investors to determine whether First OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First National security.