Sound Financial Stock Forecast - Naive Prediction
| SFBC Stock | USD 53.57 0.43 0.80% |
The Naive Prediction forecasted value of Sound Financial Bancorp on the next trading day is expected to be 53.52 with a mean absolute deviation of 0.50 and the sum of the absolute errors of 30.23. Sound Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sound Financial stock prices and determine the direction of Sound Financial Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sound Financial's historical fundamentals, such as revenue growth or operating cash flow patterns.
Sound |
Sound Financial Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Sound Financial's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 135.1 M | Current Value 148.9 M | Quarterly Volatility 61.5 M |
Sound Financial Naive Prediction Price Forecast For the 27th of November
Given 90 days horizon, the Naive Prediction forecasted value of Sound Financial Bancorp on the next trading day is expected to be 53.52 with a mean absolute deviation of 0.50, mean absolute percentage error of 0.36, and the sum of the absolute errors of 30.23.Please note that although there have been many attempts to predict Sound 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 Sound Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sound Financial Stock Forecast Pattern
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Sound Financial Forecasted Value
In the context of forecasting Sound Financial'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. Sound Financial's downside and upside margins for the forecasting period are 51.86 and 55.18, respectively. We have considered Sound Financial'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 Sound Financial stock data series using in forecasting. Note that when a statistical model is used to represent Sound Financial 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 | 117.0828 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4955 |
| MAPE | Mean absolute percentage error | 0.0092 |
| SAE | Sum of the absolute errors | 30.2271 |
Predictive Modules for Sound Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sound Financial 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.Other Forecasting Options for Sound Financial
For every potential investor in Sound, whether a beginner or expert, Sound Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sound Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sound. Basic forecasting techniques help filter out the noise by identifying Sound Financial's price trends.Sound Financial 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 Sound Financial stock to make a market-neutral strategy. Peer analysis of Sound Financial could also be used in its relative valuation, which is a method of valuing Sound Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sound Financial Bancorp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sound Financial's 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 Sound Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sound Financial Market Strength Events
Market strength indicators help investors to evaluate how Sound Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sound Financial shares will generate the highest return on investment. By undertsting and applying Sound Financial stock market strength indicators, traders can identify Sound Financial Bancorp entry and exit signals to maximize returns.
Sound Financial Risk Indicators
The analysis of Sound Financial'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 Sound Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sound 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 | 1.3 | |||
| Semi Deviation | 1.23 | |||
| Standard Deviation | 1.86 | |||
| Variance | 3.45 | |||
| Downside Variance | 2.84 | |||
| Semi Variance | 1.52 | |||
| Expected Short fall | (1.72) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sound Financial Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sound Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sound Financial Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sound Financial Bancorp Stock:Check out Historical Fundamental Analysis of Sound Financial to cross-verify your projections. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sound Financial. If investors know Sound will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sound Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.76 | Earnings Share 1.52 | Revenue Per Share 13.726 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0037 |
The market value of Sound Financial Bancorp is measured differently than its book value, which is the value of Sound that is recorded on the company's balance sheet. Investors also form their own opinion of Sound Financial's value that differs from its market value or its book value, called intrinsic value, which is Sound Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sound Financial's market value can be influenced by many factors that don't directly affect Sound Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sound Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sound Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sound Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.