First Merchants Stock Forecast - Naive Prediction

FRME Stock  USD 38.09  1.55  3.91%   
The Naive Prediction forecasted value of First Merchants on the next trading day is expected to be 39.87 with a mean absolute deviation of 0.42 and the sum of the absolute errors of 25.90. First Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast First Merchants stock prices and determine the direction of First Merchants's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of First Merchants' historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of First Merchants' share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of First Merchants' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of First Merchants and does not consider all of the tangible or intangible factors available from First Merchants' fundamental data. We analyze noise-free headlines and recent hype associated with First Merchants, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting First Merchants' stock price prediction:
Quarterly Earnings Growth
0.168
EPS Estimate Next Quarter
0.936
EPS Estimate Current Year
3.8667
EPS Estimate Next Year
4.1383
Wall Street Target Price
45.6
Using First Merchants hype-based prediction, you can estimate the value of First Merchants from the perspective of First Merchants response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards First Merchants using First Merchants' stock options and short interest. It helps to benchmark the overall future attitude of investors towards First using crowd psychology based on the activity and movement of First Merchants' stock price.

First Merchants Short Interest

A significant increase or decrease in First Merchants' short interest from the previous month could be a good indicator of investor sentiment towards First. Short interest can provide insight into the potential direction of First Merchants stock and how bullish or bearish investors feel about the market overall.
200 Day MA
37.9853
Short Percent
0.0181
Short Ratio
3.16
Shares Short Prior Month
1.1 M
50 Day MA
37.5002

First Merchants Hype to Price Pattern

Investor biases related to First Merchants' public news can be used to forecast risks associated with an investment in First. The trend in average sentiment can be used to explain how an investor holding First can time the market purely based on public headlines and social activities around First Merchants. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

First Merchants Implied Volatility

    
  0.88  
First Merchants' implied volatility exposes the market's sentiment of First Merchants stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if First Merchants' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that First Merchants stock will not fluctuate a lot when First Merchants' options are near their expiration.
The Naive Prediction forecasted value of First Merchants on the next trading day is expected to be 39.87 with a mean absolute deviation of 0.42 and the sum of the absolute errors of 25.90.

First Merchants after-hype prediction price

    
  USD 39.57  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of First Merchants to cross-verify your projections.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Prediction based on Rule 16 of the current First contract

Based on the Rule 16, the options market is currently suggesting that First Merchants will have an average daily up or down price movement of about 0.055% per day over the life of the 2026-03-20 option contract. With First Merchants trading at USD 38.09, that is roughly USD 0.0209 . If you think that the market is fully incorporating First Merchants' daily price movement you should consider acquiring First Merchants options at the current volatility level of 0.88%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Open Interest Against 2026-03-20 First Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast First Merchants' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in First Merchants' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for First Merchants stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current First Merchants' open interest, investors have to compare it to First Merchants' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of First Merchants is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in First. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.

First Merchants Additional Predictive Modules

Most predictive techniques to examine First price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for First using various technical indicators. When you analyze First charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

First Merchants 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 Merchants' financial statements to predict how it will affect future prices.
 
Cash  
First Reported
1989-09-30
Previous Quarter
304.9 M
Current Value
256.8 M
Quarterly Volatility
148.4 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for First Merchants is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of First Merchants 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 Merchants Naive Prediction Price Forecast For the 24th of January

Given 90 days horizon, the Naive Prediction forecasted value of First Merchants on the next trading day is expected to be 39.87 with a mean absolute deviation of 0.42, mean absolute percentage error of 0.26, and the sum of the absolute errors of 25.90.
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 Merchants' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

First Merchants Stock Forecast Pattern

Backtest First MerchantsFirst Merchants Price PredictionBuy or Sell Advice 

First Merchants Forecasted Value

In the context of forecasting First Merchants' 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 Merchants' downside and upside margins for the forecasting period are 38.35 and 41.38, respectively. We have considered First 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
38.09
39.87
Expected Value
41.38
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 Merchants stock data series using in forecasting. Note that when a statistical model is used to represent First Merchants 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 Criteria116.7574
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4246
MAPEMean absolute percentage error0.0114
SAESum of the absolute errors25.9011
This model is not at all useful as a medium-long range forecasting tool of First Merchants. 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 Merchants. 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 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 First Merchants. 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
38.1539.5740.99
Details
Intrinsic
Valuation
LowRealHigh
35.6846.1947.61
Details
Bollinger
Band Projection (param)
LowMiddleHigh
36.6638.1639.67
Details
6 Analysts
Consensus
LowTargetHigh
41.5045.6050.62
Details

First Merchants After-Hype Price Prediction Density Analysis

As far as predicting the price of First Merchants at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in First Merchants or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of First Merchants, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

First Merchants Estimiated After-Hype Price Volatility

In the context of predicting First Merchants' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on First Merchants' historical news coverage. First Merchants' after-hype downside and upside margins for the prediction period are 38.15 and 40.99, respectively. We have considered First Merchants' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
38.09
39.57
After-hype Price
40.99
Upside
First Merchants is very steady at this time. Analysis and calculation of next after-hype price of First Merchants is based on 3 months time horizon.

First Merchants Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as First Merchants is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Merchants backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with First Merchants, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.09 
1.51
  0.03 
 0.00  
13 Events / Month
7 Events / Month
In about 13 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
38.09
39.57
0.18 
503.33  
Notes

First Merchants Hype Timeline

First Merchants is currently traded for 38.09. The entity has historical hype elasticity of 0.03, and average elasticity to hype of competition of 0.0. First is expected to decline in value after the next headline, with the price expected to drop to 39.57. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.18%, whereas the daily expected return is currently at 0.09%. The volatility of related hype on First Merchants is about 6863.64%, with the expected price after the next announcement by competition of 38.09. About 79.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.95. Some equities with similar Price to Book (P/B) outperform the market in the long run. First Merchants has Price/Earnings To Growth (PEG) ratio of 2.68. The entity last dividend was issued on the 5th of December 2025. The firm had 105:100 split on the 27th of August 2003. Given the investment horizon of 90 days the next expected press release will be in about 13 days.
Check out Historical Fundamental Analysis of First Merchants to cross-verify your projections.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

First Merchants Related Hype Analysis

Having access to credible news sources related to First Merchants' direct competition is more important than ever and may enhance your ability to predict First Merchants' future price movements. Getting to know how First Merchants' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how First Merchants may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
FFBCFirst Financial Bancorp(0.22)9 per month 0.76  0.10  3.20 (1.31) 6.15 
BANRBanner 2.12 9 per month 1.07  0.02  2.94 (1.65) 6.29 
EFSCEnterprise Financial Services(0.51)7 per month 0.99  0.03  2.90 (1.76) 6.43 
HTHHilltop Holdings(0.13)12 per month 0.90  0.1  2.45 (1.29) 8.69 
BUSEFirst Busey Corp(0.22)10 per month 1.08  0.08  3.27 (1.85) 7.92 
FBNCFirst Bancorp 0.05 12 per month 0.96  0.18  3.02 (1.68) 8.35 
NBTBNBT Bancorp(0.39)13 per month 1.02  0.07  2.94 (2.08) 5.68 
CUBICustomers Bancorp(0.66)9 per month 1.14  0.16  3.73 (1.99) 10.88 
TRMKTrustmark(0.02)11 per month 1.07  0.07  2.46 (1.88) 6.76 
SYBTStock Yards Bancorp(0.24)9 per month 1.14  0.01  3.29 (1.87) 5.97 

Other Forecasting Options for First Merchants

For every potential investor in First, whether a beginner or expert, First Merchants' 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 Merchants' price trends.

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

First Merchants Market Strength Events

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

First Merchants Risk Indicators

The analysis of First 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 First Merchants' 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.

Story Coverage note for First Merchants

The number of cover stories for First Merchants depends on current market conditions and First Merchants' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that First Merchants is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about First Merchants' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

First Merchants Short Properties

First Merchants' future price predictability will typically decrease when First Merchants' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of First Merchants often depends not only on the future outlook of the potential First Merchants' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. First Merchants' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding58.5 M
Cash And Short Term Investments1.8 B
When determining whether First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:
Check out Historical Fundamental Analysis of First Merchants to cross-verify your projections.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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 Merchants. 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 Merchants 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
0.168
Dividend Share
1.42
Earnings Share
4
Revenue Per Share
11.265
Quarterly Revenue Growth
0.072
The market value of First Merchants 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 Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' 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 Merchants' market value can be influenced by many factors that don't directly affect First Merchants' 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 Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First 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.