First Western Stock Forward View

MYFW Stock  USD 26.03  0.02  0.08%   
First Stock outlook is based on your current time horizon.
At this time the relative strength index (rsi) of First Western's share price is below 20 . This indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of First Western's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of First Western and does not consider all of the tangible or intangible factors available from First Western's fundamental data. We analyze noise-free headlines and recent hype associated with First Western Financial, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting First Western's stock price prediction:
Quarterly Earnings Growth
0.216
EPS Estimate Next Quarter
0.4333
EPS Estimate Current Year
2.04
EPS Estimate Next Year
2.4867
Wall Street Target Price
28
Using First Western hype-based prediction, you can estimate the value of First Western Financial from the perspective of First Western response to recently generated media hype and the effects of current headlines on its competitors.

First Relative Strength Index

The Naive Prediction forecasted value of First Western Financial on the next trading day is expected to be 26.07 with a mean absolute deviation of 0.34 and the sum of the absolute errors of 20.88.

First Western Financial Hype to Price Pattern

Investor biases related to First Western's public news can be used to forecast risks associated with an investment in First. The trend in average sentiment can be used to explain how an investor holding First can time the market purely based on public headlines and social activities around First Western Financial. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of First Western's market sentiment to its price can help taders to make decisions based on the overall investors consensus about First Western.
The Naive Prediction forecasted value of First Western Financial on the next trading day is expected to be 26.07 with a mean absolute deviation of 0.34 and the sum of the absolute errors of 20.88.

First Western after-hype prediction price

    
  USD 25.66  
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of First Western to cross-verify your projections.

First Western Additional Predictive Modules

Most predictive techniques to examine First price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for First using various technical indicators. When you analyze First 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.
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the First Western's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2016-12-31
Previous Quarter
355.6 M
Current Value
9.8 M
Quarterly Volatility
116.6 M
 
Covid
 
Interest Hikes
A naive forecasting model for First Western is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of First Western Financial value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

First Western Naive Prediction Price Forecast For the 7th of February

Given 90 days horizon, the Naive Prediction forecasted value of First Western Financial on the next trading day is expected to be 26.07 with a mean absolute deviation of 0.34, mean absolute percentage error of 0.21, and the sum of the absolute errors of 20.88.
Please note that although there have been many attempts to predict First Stock prices using its time series forecasting, we generally do not suggest 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 Western's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

First Western Stock Forecast Pattern

Backtest First Western  First Western Price Prediction  Research Analysis  

First Western Forecasted Value

In the context of forecasting First Western'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. First Western's downside and upside margins for the forecasting period are 24.12 and 28.02, respectively. We have considered First Western'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
26.03
26.07
Expected Value
28.02
Upside

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 Western stock data series using in forecasting. Note that when a statistical model is used to represent First Western 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 Criteria118.3657
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3368
MAPEMean absolute percentage error0.0134
SAESum of the absolute errors20.8831
This model is not at all useful as a medium-long range forecasting tool of First Western Financial. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict First Western. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for First Western

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 Western 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
23.7125.6627.61
Details
Intrinsic
Valuation
LowRealHigh
23.4328.1130.06
Details
Bollinger
Band Projection (param)
LowMiddleHigh
23.6925.5927.50
Details
3 Analysts
Consensus
LowTargetHigh
25.4828.0031.08
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Western. Your research has to be compared to or analyzed against First Western's peers to derive any actionable benefits. When done correctly, First Western'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 First Western Financial.

First Western After-Hype Price Density Analysis

As far as predicting the price of First Western 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 First Western 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 Stock prices, such as prices of First Western, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

First Western Estimiated After-Hype Price Volatility

In the context of predicting First Western's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on First Western's historical news coverage. First Western's after-hype downside and upside margins for the prediction period are 23.71 and 27.61, respectively. We have considered First Western'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
26.03
25.66
After-hype Price
27.61
Upside
First Western is very steady at this time. Analysis and calculation of next after-hype price of First Western Financial is based on 3 months time horizon.

First Western Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as First Western is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Western 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 Stock 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 First Western, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.19 
1.95
  0.37 
  0.03 
7 Events / Month
6 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
26.03
25.66
1.42 
100.52  
Notes

First Western Hype Timeline

First Western Financial is now traded for 26.03. The entity has historical hype elasticity of -0.37, and average elasticity to hype of competition of 0.03. First is forecasted to decline in value after the next headline, with the price expected to drop to 25.66. The average volatility of media hype impact on the company price is about 100.52%. The price decrease on the next news is expected to be -1.42%, whereas the daily expected return is now at 0.19%. The volatility of related hype on First Western is about 1466.17%, with the expected price after the next announcement by competition of 26.06. About 15.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.95. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. First Western Financial had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 7 days.
Check out Historical Fundamental Analysis of First Western to cross-verify your projections.

First Western Related Hype Analysis

Having access to credible news sources related to First Western's direct competition is more important than ever and may enhance your ability to predict First Western's future price movements. Getting to know how First Western'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 First Western may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
PVBCProvident Bancorp 0.12 7 per month 0.52  0.07  1.73 (1.08) 3.72 
WNEBWestern New England 0.17 5 per month 0.90  0.19  3.24 (2.14) 7.72 
CFFICF Financial 1.20 9 per month 1.65  0.11  3.65 (2.75) 8.22 
FUNCFirst United(0.16)8 per month 1.59  0.09  3.21 (1.89) 11.47 
LCNBLCNB Corporation(0.02)9 per month 1.34  0.11  2.81 (2.13) 8.02 
BPRNBank Of Princeton(0.80)8 per month 1.41  0.12  3.51 (2.68) 9.94 
FVCBFVCBankcorp(0.02)10 per month 0.60  0.23  2.56 (1.40) 9.86 
ISTRInvestar Holding Corp 0.51 8 per month 0.57  0.21  2.78 (1.31) 5.37 
VABKVirginia National Bankshares 0.53 9 per month 1.44  0.03  3.27 (2.27) 8.40 
OVLYOak Valley Bancorp(0.20)8 per month 0.71  0.18  2.88 (1.49) 6.23 

Other Forecasting Options for First Western

For every potential investor in First, whether a beginner or expert, First Western's 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 Western's price trends.

First Western 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 First Western stock to make a market-neutral strategy. Peer analysis of First Western could also be used in its relative valuation, which is a method of valuing First Western by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

First Western Market Strength Events

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

First Western Risk Indicators

The analysis of First Western'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 First Western's 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.
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 First Western

The number of cover stories for First Western depends on current market conditions and First Western's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that First Western 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 First Western's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

First Western Short Properties

First Western's future price predictability will typically decrease when First Western's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of First Western Financial often depends not only on the future outlook of the potential First Western'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. First Western's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding10 M
Cash And Short Term Investments55.4 M

Additional Tools for First Stock Analysis

When running First Western's price analysis, check to measure First Western'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 First Western is operating at the current time. Most of First Western's value examination focuses on studying past and present price action to predict the probability of First Western's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Western's price. Additionally, you may evaluate how the addition of First Western to your portfolios can decrease your overall portfolio volatility.