First Bancshares Stock Forecast - Naive Prediction
| FUSB Stock | USD 13.49 0.53 4.09% |
The Naive Prediction forecasted value of First Bancshares on the next trading day is expected to be 13.39 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.53. First Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast First Bancshares stock prices and determine the direction of First Bancshares's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of First Bancshares' historical fundamentals, such as revenue growth or operating cash flow patterns.
First |
First Bancshares 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 Bancshares' financial statements to predict how it will affect future prices.
Cash | First Reported 2000-03-31 | Previous Quarter 58.2 M | Current Value 82.3 M | Quarterly Volatility 24.1 M |
First Bancshares Naive Prediction Price Forecast For the 3rd of December
Given 90 days horizon, the Naive Prediction forecasted value of First Bancshares on the next trading day is expected to be 13.39 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.06, and the sum of the absolute errors of 11.53.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 Bancshares' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
First Bancshares Stock Forecast Pattern
| Backtest First Bancshares | First Bancshares Price Prediction | Buy or Sell Advice |
First Bancshares Forecasted Value
In the context of forecasting First Bancshares' 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 Bancshares' downside and upside margins for the forecasting period are 11.04 and 15.73, respectively. We have considered First Bancshares' 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.
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 Bancshares stock data series using in forecasting. Note that when a statistical model is used to represent First Bancshares 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.| AIC | Akaike Information Criteria | 115.2945 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.189 |
| MAPE | Mean absolute percentage error | 0.0161 |
| SAE | Sum of the absolute errors | 11.5265 |
Predictive Modules for First Bancshares
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 Bancshares. 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 First Bancshares' 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.
Other Forecasting Options for First Bancshares
For every potential investor in First, whether a beginner or expert, First Bancshares' 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 Bancshares' price trends.View First Bancshares Related Equities
| Risk & Return | Correlation |
First Bancshares 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 Bancshares' 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 Bancshares' current price.| Cycle Indicators | ||
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| Volume Indicators |
First Bancshares Market Strength Events
Market strength indicators help investors to evaluate how First Bancshares 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 Bancshares shares will generate the highest return on investment. By undertsting and applying First Bancshares stock market strength indicators, traders can identify First Bancshares entry and exit signals to maximize returns.
First Bancshares Risk Indicators
The analysis of First Bancshares' 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 Bancshares' 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.
| Mean Deviation | 1.76 | |||
| Semi Deviation | 1.58 | |||
| Standard Deviation | 2.37 | |||
| Variance | 5.63 | |||
| Downside Variance | 3.66 | |||
| Semi Variance | 2.48 | |||
| Expected Short fall | (2.39) |
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 Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bancshares' 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 Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancshares Stock:Check out Historical Fundamental Analysis of First Bancshares 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 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 Bancshares. 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 Bancshares 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 0.091 | Dividend Share 0.2 | Earnings Share 1.4 | Revenue Per Share 6.844 | Quarterly Revenue Growth (0.02) |
The market value of First Bancshares 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 Bancshares' value that differs from its market value or its book value, called intrinsic value, which is First Bancshares' 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 Bancshares' market value can be influenced by many factors that don't directly affect First Bancshares' 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 Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancshares' 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.