Fulton Financial Stock Forecast - Simple Regression

FULT Stock  USD 21.24  0.40  1.92%   
The Simple Regression forecasted value of Fulton Financial on the next trading day is expected to be 20.07 with a mean absolute deviation of 0.92 and the sum of the absolute errors of 56.17. Fulton Stock Forecast is based on your current time horizon.
  
At this time, Fulton Financial's Inventory Turnover is comparatively stable compared to the past year. Asset Turnover is likely to gain to 0.05 in 2024, despite the fact that Payables Turnover is likely to grow to (1.58). . Common Stock Shares Outstanding is likely to drop to about 150.7 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 178.6 M in 2024.
Simple Regression model is a single variable regression model that attempts to put a straight line through Fulton Financial price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Fulton Financial Simple Regression Price Forecast For the 23rd of November

Given 90 days horizon, the Simple Regression forecasted value of Fulton Financial on the next trading day is expected to be 20.07 with a mean absolute deviation of 0.92, mean absolute percentage error of 1.11, and the sum of the absolute errors of 56.17.
Please note that although there have been many attempts to predict Fulton 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 Fulton Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fulton Financial Stock Forecast Pattern

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Fulton Financial Forecasted Value

In the context of forecasting Fulton 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. Fulton Financial's downside and upside margins for the forecasting period are 17.40 and 22.75, respectively. We have considered Fulton 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
21.24
20.07
Expected Value
22.75
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Fulton Financial stock data series using in forecasting. Note that when a statistical model is used to represent Fulton 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 Criteria118.2113
BiasArithmetic mean of the errors None
MADMean absolute deviation0.9209
MAPEMean absolute percentage error0.049
SAESum of the absolute errors56.1739
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Fulton Financial historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Fulton 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 Fulton 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
18.5621.2423.92
Details
Intrinsic
Valuation
LowRealHigh
14.2916.9723.36
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.5119.6122.70
Details
7 Analysts
Consensus
LowTargetHigh
12.3513.5715.06
Details

Other Forecasting Options for Fulton Financial

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

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 Risk & Return  Correlation

Fulton 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 Fulton 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 Fulton Financial's current price.

Fulton Financial Market Strength Events

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

Fulton Financial Risk Indicators

The analysis of Fulton 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 Fulton Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fulton 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.

Thematic Opportunities

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Additional Tools for Fulton Stock Analysis

When running Fulton Financial's price analysis, check to measure Fulton Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fulton Financial is operating at the current time. Most of Fulton Financial's value examination focuses on studying past and present price action to predict the probability of Fulton Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fulton Financial's price. Additionally, you may evaluate how the addition of Fulton Financial to your portfolios can decrease your overall portfolio volatility.