Huntington Bancshares Stock Forward View - Polynomial Regression

HBAN Stock  USD 16.12  -0.07  -0.43%   
Polynomial Regression is applied to Huntington Bancshares Incorporated's daily closing prices, and the resulting forecast is presented with accuracy metrics. Wide deviation between fitted and observed values suggests the model's assumptions may not match current market conditions. The Polynomial Regression model projects Huntington Bancshares at 16.40 for the next trading day, above the most recent closing price. This Polynomial Regression output is provided as analytical reference and does not constitute a trading recommendation.
Polynomial regression for Huntington Bancshares fits a curved line through historical price points using time as the independent variable. Unlike simple regression, which fits only a straight line, polynomial regression can capture nonlinear price trends including acceleration and deceleration.

Polynomial Regression Price Forecast For the 9th of May

Over a 90-day horizon, the Polynomial Regression model forecasts Huntington Bancshares at 16.40 for the next trading day, with a mean absolute deviation of 0.37 , mean absolute percentage error of 0.02 , and sum of absolute errors of 22.40 .
This represents a tight forecast with good short-term tracking of Huntington Bancshares' price movement. This output is intended for short-term analytical reference.

Stock Forecast Pattern

Backtest Huntington Bancshares  Huntington Bancshares Price Prediction  Research Analysis  

Forecasted Value

This forecast for Huntington Bancshares frames the expected trading range using downside and upside bounds rather than a single point target. The forecast band spans 14.64 to 18.16. The wide range indicates elevated uncertainty in short-term projections.
Market Value
16.12
16.40
Expected Value
18.16

Model Predictive Factors

The table below summarizes the Polynomial Regression model's error metrics for Huntington Bancshares stock. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.
AICAkaike Information Criteria116.4359
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3671
MAPEMean absolute percentage error0.0225
SAESum of the absolute errors22.3955
The model takes the form: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm. Higher-degree polynomials fit Huntington Bancshares Incorporated historical data more closely but are more prone to overfitting, which can produce unreliable extrapolations beyond the observed price range.

Other Forecasting Options for Huntington Bancshares

Huntington Bancshares' daily price returns decompose into trend, seasonal, and residual components. Divergence between short-term and long-term averages in Huntington often signals an upcoming reversal or acceleration.

Huntington Bancshares Related Equities

These related stocks within the Financials space give benchmarks for judging Huntington Bancshares' results, margins, and growth trend. Key comparison metrics include price-to-earnings, profit margin, and revenue growth across Huntington Bancshares' peer group. How Huntington Bancshares ranks within this group can shift over time as the competitive picture changes. These checks provide a starting point for deeper study of Huntington Bancshares' strengths and weak spots.
 Risk & Return  Correlation

Huntington Bancshares Market Strength Events

Market strength indicators for Huntington Bancshares stock provide a framework for assessing security responsiveness. A rising Accumulation/Distribution line alongside rising price confirms institutional buying interest in Huntington Bancshares.

Huntington Bancshares Risk Indicators

Assessing Huntington Bancshares' risk indicators is a structured way to evaluate the risk-return trade-off for huntington stock. The level of risk embedded in Huntington Bancshares' feeds directly into exposure calibration.
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.

Huntington Bancshares Short Properties

Reviewing short-oriented indicators for Huntington Bancshares is useful because long and short participants often create very different signals for timing and volatility. Comparing short sentiment with trend behavior, volume, and the broader market narrative provides a more grounded view.
Common Stock Shares Outstanding1.5 billion
Cash And Short Term Investments27.91 billion