German American Stock Forecast - Simple Regression
| GABC Stock | USD 45.66 0.30 0.65% |
The Simple Regression forecasted value of German American Bancorp on the next trading day is expected to be 44.78 with a mean absolute deviation of 1.54 and the sum of the absolute errors of 95.68. German Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast German American stock prices and determine the direction of German American Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of German American's historical fundamentals, such as revenue growth or operating cash flow patterns.
German |
German American Simple Regression Price Forecast For the 27th of November
Given 90 days horizon, the Simple Regression forecasted value of German American Bancorp on the next trading day is expected to be 44.78 with a mean absolute deviation of 1.54, mean absolute percentage error of 2.97, and the sum of the absolute errors of 95.68.Please note that although there have been many attempts to predict German 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 German American's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
German American Stock Forecast Pattern
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German American Forecasted Value
In the context of forecasting German American'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. German American's downside and upside margins for the forecasting period are 42.61 and 46.96, respectively. We have considered German American'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.
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 German American stock data series using in forecasting. Note that when a statistical model is used to represent German American 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 | 121.0372 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.5432 |
| MAPE | Mean absolute percentage error | 0.0378 |
| SAE | Sum of the absolute errors | 95.6796 |
Predictive Modules for German American
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as German American 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.Other Forecasting Options for German American
For every potential investor in German, whether a beginner or expert, German American's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. German Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in German. Basic forecasting techniques help filter out the noise by identifying German American's price trends.German American 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 German American stock to make a market-neutral strategy. Peer analysis of German American could also be used in its relative valuation, which is a method of valuing German American by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
German American 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 German American'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 German American's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
German American Market Strength Events
Market strength indicators help investors to evaluate how German American stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading German American shares will generate the highest return on investment. By undertsting and applying German American stock market strength indicators, traders can identify German American Bancorp entry and exit signals to maximize returns.
| Accumulation Distribution | 2761.47 | |||
| Daily Balance Of Power | (0.21) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 46.36 | |||
| Day Typical Price | 46.13 | |||
| Price Action Indicator | (0.86) | |||
| Period Momentum Indicator | (0.30) | |||
| Relative Strength Index | 66.61 |
German American Risk Indicators
The analysis of German American'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 German American's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting german 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 | 1.35 | |||
| Semi Deviation | 1.14 | |||
| Standard Deviation | 2.18 | |||
| Variance | 4.75 | |||
| Downside Variance | 1.88 | |||
| Semi Variance | 1.29 | |||
| Expected Short fall | (1.66) |
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 German American Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of German American's 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 German American Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on German American Bancorp Stock:Check out Historical Fundamental Analysis of German American to cross-verify your projections. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 German American. If investors know German 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 German American 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 (0.02) | Dividend Share 1.08 | Earnings Share 2.77 | Revenue Per Share 8.341 | Quarterly Revenue Growth 0.005 |
The market value of German American Bancorp is measured differently than its book value, which is the value of German that is recorded on the company's balance sheet. Investors also form their own opinion of German American's value that differs from its market value or its book value, called intrinsic value, which is German American'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 German American's market value can be influenced by many factors that don't directly affect German American'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 German American's value and its price as these two are different measures arrived at by different means. Investors typically determine if German American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, German American'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.