Farmers Merchants OTC Stock Forecast - Triple Exponential Smoothing

FMCB Stock  USD 1,094  44.50  4.24%   
The Triple Exponential Smoothing forecasted value of Farmers Merchants Bancorp on the next trading day is expected to be 1,096 with a mean absolute deviation of 5.75 and the sum of the absolute errors of 339.00. Farmers OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Farmers Merchants stock prices and determine the direction of Farmers Merchants Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Farmers Merchants' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Farmers Merchants - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Farmers Merchants prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Farmers Merchants price movement. However, neither of these exponential smoothing models address any seasonality of Farmers Merchants Bancorp.

Farmers Merchants Triple Exponential Smoothing Price Forecast For the 29th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Farmers Merchants Bancorp on the next trading day is expected to be 1,096 with a mean absolute deviation of 5.75, mean absolute percentage error of 236.49, and the sum of the absolute errors of 339.00.
Please note that although there have been many attempts to predict Farmers 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 Farmers Merchants' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Farmers Merchants OTC Stock Forecast Pattern

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Farmers Merchants Forecasted Value

In the context of forecasting Farmers Merchants' 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. Farmers Merchants' downside and upside margins for the forecasting period are 1,094 and 1,097, respectively. We have considered Farmers Merchants' 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
1,094
1,096
Expected Value
1,097
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Farmers Merchants otc stock data series using in forecasting. Note that when a statistical model is used to represent Farmers Merchants 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -2.1751
MADMean absolute deviation5.7458
MAPEMean absolute percentage error0.0055
SAESum of the absolute errors339.0024
As with simple exponential smoothing, in triple exponential smoothing models past Farmers Merchants observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Farmers Merchants Bancorp observations.

Predictive Modules for Farmers Merchants

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Farmers Merchants Bancorp. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Farmers Merchants' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
1,0931,0941,096
Details
Intrinsic
Valuation
LowRealHigh
985.051,2521,253
Details
Bollinger
Band Projection (param)
LowMiddleHigh
942.201,0291,115
Details

Other Forecasting Options for Farmers Merchants

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

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

Farmers Merchants Bancorp 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 Farmers Merchants' 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 Farmers Merchants' current price.

Farmers Merchants Market Strength Events

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

Farmers Merchants Risk Indicators

The analysis of Farmers Merchants' 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 Farmers Merchants' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting farmers 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.
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.

Additional Information and Resources on Investing in Farmers OTC Stock

When determining whether Farmers Merchants Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Farmers Merchants' 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 Farmers Merchants Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Farmers Merchants Bancorp Stock:
Check out Historical Fundamental Analysis of Farmers Merchants to cross-verify your projections.
Note that the Farmers Merchants Bancorp information on this page should be used as a complementary analysis to other Farmers Merchants' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Please note, there is a significant difference between Farmers Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if Farmers Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Farmers Merchants' 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.