Flushing Financial Stock Forecast - Naive Prediction

FFIC Stock  USD 17.77  0.10  0.56%   
The Naive Prediction forecasted value of Flushing Financial on the next trading day is expected to be 17.65 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 25.07. Flushing Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Flushing Financial stock prices and determine the direction of Flushing Financial's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Flushing Financial's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Flushing Financial's Asset Turnover is projected to slightly decrease based on the last few years of reporting. . The current year's Net Income Applicable To Common Shares is expected to grow to about 92.9 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 27.8 M.

Flushing Financial Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Flushing Financial's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
1996-03-31
Previous Quarter
99.6 M
Current Value
244.8 M
Quarterly Volatility
51.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Flushing Financial is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Flushing Financial 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.

Flushing Financial Naive Prediction Price Forecast For the 29th of November

Given 90 days horizon, the Naive Prediction forecasted value of Flushing Financial on the next trading day is expected to be 17.65 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.26, and the sum of the absolute errors of 25.07.
Please note that although there have been many attempts to predict Flushing 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 Flushing Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Flushing Financial Stock Forecast Pattern

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Flushing Financial Forecasted Value

In the context of forecasting Flushing Financial'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. Flushing Financial's downside and upside margins for the forecasting period are 14.57 and 20.73, respectively. We have considered Flushing Financial'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
17.77
17.65
Expected Value
20.73
Upside

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 Flushing Financial stock data series using in forecasting. Note that when a statistical model is used to represent Flushing Financial 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 Criteria116.7664
BiasArithmetic mean of the errors None
MADMean absolute deviation0.411
MAPEMean absolute percentage error0.0265
SAESum of the absolute errors25.0684
This model is not at all useful as a medium-long range forecasting tool of Flushing Financial. 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 Flushing Financial. 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 Flushing Financial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Flushing Financial. 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
14.3217.4320.54
Details
Intrinsic
Valuation
LowRealHigh
12.8115.9219.03
Details
Bollinger
Band Projection (param)
LowMiddleHigh
17.5917.9418.29
Details
4 Analysts
Consensus
LowTargetHigh
13.7715.1316.79
Details

Other Forecasting Options for Flushing Financial

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

View Flushing Financial Related Equities

 Risk & Return  Correlation

Flushing Financial 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 Flushing Financial'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 Flushing Financial's current price.

Flushing Financial Market Strength Events

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

Flushing Financial Risk Indicators

The analysis of Flushing Financial'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 Flushing Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting flushing 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 Flushing Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flushing Financial'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 Flushing Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flushing Financial Stock:
Check out Historical Fundamental Analysis of Flushing Financial to cross-verify your projections.
For information on how to trade Flushing Stock refer to our How to Trade Flushing Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 Flushing Financial. If investors know Flushing 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 Flushing Financial 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
0.152
Dividend Share
0.88
Earnings Share
0.87
Revenue Per Share
6.521
Quarterly Revenue Growth
0.068
The market value of Flushing Financial is measured differently than its book value, which is the value of Flushing that is recorded on the company's balance sheet. Investors also form their own opinion of Flushing Financial's value that differs from its market value or its book value, called intrinsic value, which is Flushing Financial'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 Flushing Financial's market value can be influenced by many factors that don't directly affect Flushing Financial'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 Flushing Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flushing Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flushing Financial'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.