Sturgis Bancorp OTC Stock Forecast - Naive Prediction

Sturgis Bancorp Additional Predictive Modules

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

Sturgis Bancorp Naive Prediction Price Forecast For the 30th of January

Given 90 days horizon, the Naive Prediction forecasted value of Sturgis Bancorp on the next trading day is expected to be 21.24 with a mean absolute deviation of 0.13, mean absolute percentage error of 0.03, and the sum of the absolute errors of 7.91.

Sturgis Bancorp OTC Stock Forecast Pattern

Backtest Sturgis Bancorp

Sturgis Bancorp Price Prediction

Buy or Sell Advice

Sturgis Bancorp Forecasted Value

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 Sturgis Bancorp otc stock data series using in forecasting. Note that when a statistical model is used to represent Sturgis Bancorp otc 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 Sturgis 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 Sturgis 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 Sturgis 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 Sturgis Bancorp. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 20.26 21.30 22.34 Details

Intrinsic Valuation Low Real High 16.69 17.73 23.43 Details

Bollinger Band Projection (param) Low Middle High 20.91 21.38 21.84 Details

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

Sturgis Bancorp After-Hype Price Density Analysis

Sturgis Bancorp Estimiated After-Hype Price Volatility

Sturgis Bancorp OTC Stock Price Outlook Analysis

Notes

Sturgis Bancorp Hype Timeline

Sturgis Bancorp is at this time traded for 21.30. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Sturgis is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.11%. %. The volatility of related hype on Sturgis Bancorp is about 0.0%, with the expected price after the next announcement by competition of 21.30. The company has price-to-book ratio of 0.85. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sturgis Bancorp last dividend was issued on the 14th of February 2023. The entity had 2:1 split on the 16th of June 1998. Given the investment horizon of 90 days the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Sturgis Bancorp to cross-verify your projections.

Sturgis Bancorp Related Hype Analysis

Other Forecasting Options for Sturgis Bancorp

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

Sturgis Bancorp Related Equities

Risk & Return

Correlation

Sturgis Bancorp Market Strength Events

Sturgis Bancorp Risk Indicators

Story Coverage note for Sturgis Bancorp

Other Macroaxis Stories

Other Information on Investing in Sturgis OTC Stock