Origin Bancorp Stock Forecast - Naive Prediction
OBNKDelisted Stock | USD 28.61 0.95 3.21% |
The Naive Prediction forecasted value of Origin Bancorp on the next trading day is expected to be 31.36 with a mean absolute deviation of 0.56 and the sum of the absolute errors of 34.24. Origin Stock Forecast is based on your current time horizon.
Origin |
Origin Bancorp Naive Prediction Price Forecast For the 28th of November
Given 90 days horizon, the Naive Prediction forecasted value of Origin Bancorp on the next trading day is expected to be 31.36 with a mean absolute deviation of 0.56, mean absolute percentage error of 0.49, and the sum of the absolute errors of 34.24.Please note that although there have been many attempts to predict Origin 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 Origin Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Origin Bancorp Stock Forecast Pattern
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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 Origin Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent Origin Bancorp 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 | 117.4067 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.5614 |
MAPE | Mean absolute percentage error | 0.0181 |
SAE | Sum of the absolute errors | 34.2435 |
Predictive Modules for Origin 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 Origin 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.View Origin Bancorp Related Equities
Risk & Return | Correlation |
Origin Bancorp Market Strength Events
Market strength indicators help investors to evaluate how Origin Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Origin Bancorp shares will generate the highest return on investment. By undertsting and applying Origin Bancorp stock market strength indicators, traders can identify Origin Bancorp entry and exit signals to maximize returns.
Origin Bancorp Risk Indicators
The analysis of Origin 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 Origin Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting origin 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 | 1.79 | |||
Standard Deviation | 2.44 | |||
Variance | 5.93 |
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.
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Other Consideration for investing in Origin Stock
If you are still planning to invest in Origin Bancorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Origin Bancorp's history and understand the potential risks before investing.
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