JTNB Bancorp Pink Sheet Forecast - Naive Prediction
| JTNB Stock | USD 18.91 0.02 0.11% |
The Naive Prediction forecasted value of JTNB Bancorp on the next trading day is expected to be 18.50 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 10.72. JTNB Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast JTNB Bancorp stock prices and determine the direction of JTNB Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of JTNB Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The relative strength index (RSI) of JTNB Bancorp's share price is at 50. This indicates that the pink sheet is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling JTNB Bancorp, making its price go up or down. Momentum 50
Impartial
Oversold | Overbought |
Using JTNB Bancorp hype-based prediction, you can estimate the value of JTNB Bancorp from the perspective of JTNB Bancorp response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of JTNB Bancorp on the next trading day is expected to be 18.50 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 10.72. JTNB Bancorp after-hype prediction price | USD 18.91 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
JTNB |
JTNB Bancorp Additional Predictive Modules
Most predictive techniques to examine JTNB price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for JTNB using various technical indicators. When you analyze JTNB charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
JTNB Bancorp Naive Prediction Price Forecast For the 24th of January
Given 90 days horizon, the Naive Prediction forecasted value of JTNB Bancorp on the next trading day is expected to be 18.50 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.72.Please note that although there have been many attempts to predict JTNB Pink Sheet 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 JTNB Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
JTNB Bancorp Pink Sheet Forecast Pattern
| Backtest JTNB Bancorp | JTNB Bancorp Price Prediction | Buy or Sell Advice |
JTNB Bancorp Forecasted Value
In the context of forecasting JTNB Bancorp's Pink Sheet 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. JTNB Bancorp's downside and upside margins for the forecasting period are 17.04 and 19.97, respectively. We have considered JTNB Bancorp'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of JTNB Bancorp pink sheet data series using in forecasting. Note that when a statistical model is used to represent JTNB Bancorp pink sheet, 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 | 115.0222 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1757 |
| MAPE | Mean absolute percentage error | 0.0095 |
| SAE | Sum of the absolute errors | 10.7186 |
Predictive Modules for JTNB Bancorp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JTNB Bancorp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.JTNB Bancorp After-Hype Price Prediction Density Analysis
As far as predicting the price of JTNB Bancorp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in JTNB Bancorp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of JTNB Bancorp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
JTNB Bancorp Estimiated After-Hype Price Volatility
In the context of predicting JTNB Bancorp's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on JTNB Bancorp's historical news coverage. JTNB Bancorp's after-hype downside and upside margins for the prediction period are 17.42 and 20.40, respectively. We have considered JTNB Bancorp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
JTNB Bancorp is very steady at this time. Analysis and calculation of next after-hype price of JTNB Bancorp is based on 3 months time horizon.
JTNB Bancorp Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as JTNB Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading JTNB Bancorp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with JTNB Bancorp, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.07 | 1.46 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
18.91 | 18.91 | 0.00 |
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JTNB Bancorp Hype Timeline
JTNB Bancorp is currently traded for 18.91. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. JTNB is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at 0.07%. %. The volatility of related hype on JTNB Bancorp is about 0.0%, with the expected price after the next announcement by competition of 18.91. The company last dividend was issued on the 1st of July 2022. JTNB Bancorp had 21:20 split on the 25th of July 2007. Given the investment horizon of 90 days the next estimated press release will be uncertain. Check out Historical Fundamental Analysis of JTNB Bancorp to cross-verify your projections.JTNB Bancorp Related Hype Analysis
Having access to credible news sources related to JTNB Bancorp's direct competition is more important than ever and may enhance your ability to predict JTNB Bancorp's future price movements. Getting to know how JTNB Bancorp's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how JTNB Bancorp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CIBN | Community Investors Bancorp | 0.00 | 0 per month | 1.87 | (0.01) | 4.32 | (3.93) | 23.66 | |
| TBBA | Teb Bancorp | 0.00 | 0 per month | 0.00 | (0.04) | 6.52 | (4.66) | 25.88 | |
| FLEW | Fleetwood Bank Pa | 0.00 | 0 per month | 3.22 | 0.05 | 9.70 | (0.80) | 43.13 | |
| MKIN | MCNB Banks | 0.00 | 0 per month | 0.00 | (0.02) | 1.52 | (1.44) | 7.23 | |
| LOGN | Logansport Financial Corp | 0.00 | 0 per month | 0.92 | 0.02 | 1.56 | (1.00) | 9.11 | |
| CTYP | Community Bankers | 0.00 | 0 per month | 1.81 | 0.06 | 5.45 | (4.00) | 23.19 | |
| CRZY | Crazy Woman Creek | 0.00 | 0 per month | 0.85 | (0.07) | 1.65 | (2.02) | 7.49 | |
| UNTN | United Tennessee Bankshares | 0.00 | 0 per month | 0.00 | 0.02 | 1.42 | (0.10) | 5.31 | |
| MSBB | Mercer Bancorp | 0.00 | 0 per month | 0.00 | (0.06) | 0.97 | (0.31) | 2.60 | |
| TCNB | Town Center Bank | 0.00 | 0 per month | 0.48 | (0.12) | 1.33 | (0.83) | 4.47 |
Other Forecasting Options for JTNB Bancorp
For every potential investor in JTNB, whether a beginner or expert, JTNB Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. JTNB Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in JTNB. Basic forecasting techniques help filter out the noise by identifying JTNB Bancorp's price trends.JTNB Bancorp 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 JTNB Bancorp pink sheet to make a market-neutral strategy. Peer analysis of JTNB Bancorp could also be used in its relative valuation, which is a method of valuing JTNB Bancorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
JTNB Bancorp Market Strength Events
Market strength indicators help investors to evaluate how JTNB Bancorp pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JTNB Bancorp shares will generate the highest return on investment. By undertsting and applying JTNB Bancorp pink sheet market strength indicators, traders can identify JTNB Bancorp entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 18.91 | |||
| Day Typical Price | 18.91 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 50.1 |
JTNB Bancorp Risk Indicators
The analysis of JTNB Bancorp'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 JTNB Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jtnb pink sheet 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 | 0.866 | |||
| Semi Deviation | 1.05 | |||
| Standard Deviation | 1.49 | |||
| Variance | 2.21 | |||
| Downside Variance | 7.45 | |||
| Semi Variance | 1.11 | |||
| Expected Short fall | (2.31) |
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.
Story Coverage note for JTNB Bancorp
The number of cover stories for JTNB Bancorp depends on current market conditions and JTNB Bancorp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that JTNB Bancorp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about JTNB Bancorp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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JTNB Bancorp Short Properties
JTNB Bancorp's future price predictability will typically decrease when JTNB Bancorp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of JTNB Bancorp often depends not only on the future outlook of the potential JTNB Bancorp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. JTNB Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0345 | |
| Forward Annual Dividend Rate | 0.5 |
Other Information on Investing in JTNB Pink Sheet
JTNB Bancorp financial ratios help investors to determine whether JTNB Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in JTNB with respect to the benefits of owning JTNB Bancorp security.