Finward Bancorp Stock Forecast - Naive Prediction

FNWD Stock  USD 31.00  0.15  0.48%   
The Naive Prediction forecasted value of Finward Bancorp on the next trading day is expected to be 29.91 with a mean absolute deviation of 0.37 and the sum of the absolute errors of 22.91. Finward Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Finward Bancorp stock prices and determine the direction of Finward Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Finward Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of November 22, 2024, Receivables Turnover is expected to decline to 0.04. In addition to that, Fixed Asset Turnover is expected to decline to 1.30. As of November 22, 2024, Common Stock Shares Outstanding is expected to decline to about 3.3 M. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 14.1 M.

Finward Bancorp Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Finward Bancorp's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2000-03-31
Previous Quarter
71.2 M
Current Value
82.5 M
Quarterly Volatility
21.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Finward Bancorp is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Finward Bancorp 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.

Finward Bancorp Naive Prediction Price Forecast For the 23rd of November

Given 90 days horizon, the Naive Prediction forecasted value of Finward Bancorp on the next trading day is expected to be 29.91 with a mean absolute deviation of 0.37, mean absolute percentage error of 0.29, and the sum of the absolute errors of 22.91.
Please note that although there have been many attempts to predict Finward 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 Finward Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Finward Bancorp Stock Forecast Pattern

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Finward Bancorp Forecasted Value

In the context of forecasting Finward Bancorp'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. Finward Bancorp's downside and upside margins for the forecasting period are 28.13 and 31.69, respectively. We have considered Finward Bancorp'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
31.00
29.91
Expected Value
31.69
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 Finward Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent Finward 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 Criteria118.7252
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3696
MAPEMean absolute percentage error0.0121
SAESum of the absolute errors22.9128
This model is not at all useful as a medium-long range forecasting tool of Finward Bancorp. 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 Finward Bancorp. 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 Finward 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 Finward 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Finward Bancorp's 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
29.3431.1132.88
Details
Intrinsic
Valuation
LowRealHigh
27.1528.9234.10
Details
Bollinger
Band Projection (param)
LowMiddleHigh
30.4931.3732.25
Details
2 Analysts
Consensus
LowTargetHigh
23.8926.2529.14
Details

Other Forecasting Options for Finward Bancorp

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

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

Finward Bancorp 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 Finward Bancorp'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 Finward Bancorp's current price.

Finward Bancorp Market Strength Events

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

Finward Bancorp Risk Indicators

The analysis of Finward 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 Finward Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting finward 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 Finward Bancorp is a strong investment it is important to analyze Finward Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Finward Bancorp's future performance. For an informed investment choice regarding Finward Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Finward Bancorp to cross-verify your projections.
For information on how to trade Finward Stock refer to our How to Trade Finward Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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 Finward Bancorp. If investors know Finward 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 Finward Bancorp 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
(0.72)
Dividend Share
0.48
Earnings Share
2.71
Revenue Per Share
16.365
Quarterly Revenue Growth
(0.03)
The market value of Finward Bancorp is measured differently than its book value, which is the value of Finward that is recorded on the company's balance sheet. Investors also form their own opinion of Finward Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Finward Bancorp'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 Finward Bancorp's market value can be influenced by many factors that don't directly affect Finward Bancorp'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 Finward Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Finward Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Finward Bancorp'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.