First Of Stock Forecast - Naive Prediction

FLIC Stock  USD 14.96  0.54  3.74%   
The Naive Prediction forecasted value of First of Long on the next trading day is expected to be 14.89 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 19.18. First Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast First Of stock prices and determine the direction of First of Long's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of First Of's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of November 26, 2024, Fixed Asset Turnover is expected to decline to 1.65. In addition to that, Asset Turnover is expected to decline to 0.02. The current year's Common Stock Shares Outstanding is expected to grow to about 22.8 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 56.7 M.

First Of Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the First Of's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
1989-03-31
Previous Quarter
67.3 M
Current Value
78.6 M
Quarterly Volatility
39.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for First Of is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of First of Long 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.

First Of Naive Prediction Price Forecast For the 27th of November

Given 90 days horizon, the Naive Prediction forecasted value of First of Long on the next trading day is expected to be 14.89 with a mean absolute deviation of 0.31, mean absolute percentage error of 0.16, and the sum of the absolute errors of 19.18.
Please note that although there have been many attempts to predict First 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 Of's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

First Of Stock Forecast Pattern

Backtest First OfFirst Of Price PredictionBuy or Sell Advice 

First Of Forecasted Value

In the context of forecasting First Of'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. First Of's downside and upside margins for the forecasting period are 12.48 and 17.30, respectively. We have considered First Of'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
14.96
14.89
Expected Value
17.30
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 First Of stock data series using in forecasting. Note that when a statistical model is used to represent First Of 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 Criteria116.261
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3144
MAPEMean absolute percentage error0.0238
SAESum of the absolute errors19.179
This model is not at all useful as a medium-long range forecasting tool of First of Long. 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 First Of. 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 First Of

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 of Long. 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
12.5514.9617.37
Details
Intrinsic
Valuation
LowRealHigh
10.6113.0215.43
Details
Bollinger
Band Projection (param)
LowMiddleHigh
13.4114.0914.78
Details
1 Analysts
Consensus
LowTargetHigh
10.6911.7513.04
Details

Other Forecasting Options for First Of

For every potential investor in First, whether a beginner or expert, First Of's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. First 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 Of's price trends.

View First Of Related Equities

 Risk & Return  Correlation

First of Long 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 First Of'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 Of's current price.

First Of Market Strength Events

Market strength indicators help investors to evaluate how First Of 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 Of shares will generate the highest return on investment. By undertsting and applying First Of stock market strength indicators, traders can identify First of Long entry and exit signals to maximize returns.

First Of Risk Indicators

The analysis of First Of'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 Of's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first 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 First of Long offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Of'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 First Of Long Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Of Long Stock:
Check out Historical Fundamental Analysis of First Of to cross-verify your projections.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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 First Of. If investors know First 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 First Of 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
(0.33)
Dividend Share
0.84
Earnings Share
0.87
Revenue Per Share
3.761
Quarterly Revenue Growth
(0.09)
The market value of First of Long is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Of's value that differs from its market value or its book value, called intrinsic value, which is First Of'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 First Of's market value can be influenced by many factors that don't directly affect First Of'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 First Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Of'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.