Sterling Bancorp Stock Forecast - Naive Prediction

Sterling Bancorp Additional Predictive Modules

Most predictive techniques to examine Sterling price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sterling using various technical indicators. When you analyze Sterling 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. A naive forecasting model for Sterling Bancorp is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Sterling Bancorp 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.

Sterling Bancorp Naive Prediction Price Forecast For the 9th of January

Given 90 days horizon, the Naive Prediction forecasted value of Sterling Bancorp on the next trading day is expected to be 4.77 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.42.

Sterling 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 Sterling Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent Sterling 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. This model is not at all useful as a medium-long range forecasting tool of Sterling Bancorp. 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 Sterling Bancorp. 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 Sterling 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 Sterling 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.

Hype Prediction Low Estimated High 4.84 4.84 4.84 Details

Intrinsic Valuation Low Real High 4.07 4.07 5.32 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sterling Bancorp. Your research has to be compared to or analyzed against Sterling Bancorp's peers to derive any actionable benefits. When done correctly, Sterling Bancorp'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 Sterling Bancorp.

Sterling Bancorp Related Equities

Risk & Return

Correlation

Sterling Bancorp Market Strength Events

Sterling Bancorp Risk Indicators

Other Consideration for investing in Sterling Stock