Hbt Financial Stock Forecast - Triple Exponential Smoothing

HBT Stock  USD 23.95  0.01  0.04%   
The Triple Exponential Smoothing forecasted value of Hbt Financial on the next trading day is expected to be 23.89 with a mean absolute deviation of 0.38 and the sum of the absolute errors of 22.66. Hbt Stock Forecast is based on your current time horizon.
  
At this time, Hbt Financial's Receivables Turnover is comparatively stable compared to the past year. Asset Turnover is likely to gain to 0.05 in 2024, whereas Fixed Asset Turnover is likely to drop 2.46 in 2024. . Common Stock Shares Outstanding is likely to drop to about 29.6 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 45.1 M in 2024.
Triple exponential smoothing for Hbt Financial - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Hbt Financial prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Hbt Financial price movement. However, neither of these exponential smoothing models address any seasonality of Hbt Financial.

Hbt Financial Triple Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Hbt Financial on the next trading day is expected to be 23.89 with a mean absolute deviation of 0.38, mean absolute percentage error of 0.39, and the sum of the absolute errors of 22.66.
Please note that although there have been many attempts to predict Hbt 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 Hbt Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Hbt Financial Stock Forecast Pattern

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Hbt Financial Forecasted Value

In the context of forecasting Hbt 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. Hbt Financial's downside and upside margins for the forecasting period are 21.18 and 26.60, respectively. We have considered Hbt 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
23.95
23.89
Expected Value
26.60
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Hbt Financial stock data series using in forecasting. Note that when a statistical model is used to represent Hbt 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 CriteriaHuge
BiasArithmetic mean of the errors -0.1081
MADMean absolute deviation0.3841
MAPEMean absolute percentage error0.0169
SAESum of the absolute errors22.66
As with simple exponential smoothing, in triple exponential smoothing models past Hbt Financial observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Hbt Financial observations.

Predictive Modules for Hbt 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 Hbt 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
21.0723.7826.49
Details
Intrinsic
Valuation
LowRealHigh
19.5322.2424.95
Details
4 Analysts
Consensus
LowTargetHigh
19.2621.1723.50
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.570.580.58
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hbt Financial. Your research has to be compared to or analyzed against Hbt Financial's peers to derive any actionable benefits. When done correctly, Hbt Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hbt Financial.

Other Forecasting Options for Hbt Financial

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

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 Risk & Return  Correlation

Hbt 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 Hbt 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 Hbt Financial's current price.

Hbt Financial Market Strength Events

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

Hbt Financial Risk Indicators

The analysis of Hbt 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 Hbt Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hbt 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 Hbt Stock Analysis

When running Hbt Financial's price analysis, check to measure Hbt 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 Hbt Financial is operating at the current time. Most of Hbt Financial's value examination focuses on studying past and present price action to predict the probability of Hbt 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 Hbt Financial's price. Additionally, you may evaluate how the addition of Hbt Financial to your portfolios can decrease your overall portfolio volatility.