Southern BancShares Pink Sheet Forecast - Simple Regression

SBNCM Stock  USD 12.72  0.00  0.00%   
The Simple Regression forecasted value of Southern BancShares PFD on the next trading day is expected to be 12.88 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.67. Southern Pink Sheet Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Southern BancShares price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Southern BancShares Simple Regression Price Forecast For the 1st of December

Given 90 days horizon, the Simple Regression forecasted value of Southern BancShares PFD on the next trading day is expected to be 12.88 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.67.
Please note that although there have been many attempts to predict Southern 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 Southern BancShares' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Southern BancShares Pink Sheet Forecast Pattern

Backtest Southern BancSharesSouthern BancShares Price PredictionBuy or Sell Advice 

Southern BancShares Forecasted Value

In the context of forecasting Southern BancShares' 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. Southern BancShares' downside and upside margins for the forecasting period are 12.16 and 13.59, respectively. We have considered Southern BancShares' 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
12.72
12.88
Expected Value
13.59
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Southern BancShares pink sheet data series using in forecasting. Note that when a statistical model is used to represent Southern BancShares 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.
AICAkaike Information Criteria114.8525
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1586
MAPEMean absolute percentage error0.0123
SAESum of the absolute errors9.6719
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Southern BancShares PFD historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Southern BancShares

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Southern BancShares PFD. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Southern BancShares' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
12.0012.7213.44
Details
Intrinsic
Valuation
LowRealHigh
12.0412.7613.48
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.7112.7212.73
Details

Other Forecasting Options for Southern BancShares

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

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

Southern BancShares PFD Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Southern BancShares' 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 Southern BancShares' current price.

Southern BancShares Market Strength Events

Market strength indicators help investors to evaluate how Southern BancShares 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 Southern BancShares shares will generate the highest return on investment. By undertsting and applying Southern BancShares pink sheet market strength indicators, traders can identify Southern BancShares PFD entry and exit signals to maximize returns.

Southern BancShares Risk Indicators

The analysis of Southern BancShares' 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 Southern BancShares' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting southern 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.
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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Southern Pink Sheet

Southern BancShares financial ratios help investors to determine whether Southern 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 Southern with respect to the benefits of owning Southern BancShares security.