TC Bancshares Stock Forecast - Naive Prediction

TC Bancshares Additional Predictive Modules

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

TC Bancshares Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of TC Bancshares on the next trading day is expected to be 22.21 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.71.

TC Bancshares Stock Forecast Pattern

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TC Bancshares Price Prediction

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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 TC Bancshares stock data series using in forecasting. Note that when a statistical model is used to represent TC Bancshares 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 TC Bancshares. 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 TC Bancshares. 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 TC 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 TC Bancshares. 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 20.78 21.73 22.68 Details

Intrinsic Valuation Low Real High 17.09 18.04 23.82 Details

Bollinger Band Projection (param) Low Middle High 19.40 20.60 21.80 Details

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

TC Bancshares After-Hype Price Density Analysis

TC Bancshares Estimiated After-Hype Price Volatility

TC Bancshares Stock Price Outlook Analysis

Notes

TC Bancshares Hype Timeline

TC Bancshares is at this time traded for 21.65. The entity has historical hype elasticity of 0.08, and average elasticity to hype of competition of 0.07. TCBC is forecasted to increase in value after the next headline, with the price projected to jump to 21.73 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is projected to be 0.37%, whereas the daily expected return is at this time at 0.31%. The volatility of related hype on TC Bancshares is about 402.68%, with the expected price after the next announcement by competition of 21.72. The company reported the previous year's revenue of 27.24 M. Net Income was 594.75 K with profit before overhead, payroll, taxes, and interest of 18.31 M. Given the investment horizon of 90 days the next forecasted press release will be in about 3 days. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

TC Bancshares Related Hype Analysis

TC Bancshares Related Equities

Risk & Return

Correlation

TC Bancshares Market Strength Events

TC Bancshares Risk Indicators

Story Coverage note for TC Bancshares

Other Consideration for investing in TCBC Stock