Washington Trust Stock Forward View - 20 Period Moving Average
| WASH Stock | USD 31.76 0.53 1.70% |
20 Period Moving Average is applied to Washington Trust Bancorp's daily closing prices, and the resulting forecast is presented with accuracy metrics. Wide deviation between fitted and observed values suggests the model's assumptions may not match current market conditions. The 20 Period Moving Average model projects Washington Trust at 33.09 for the next trading day, above the most recent closing price. This 20 Period Moving Average output is provided as analytical reference and does not constitute a trading recommendation.
20 Period Moving Average Price Forecast For the 7th of May
Over a 90-day horizon, the 20 Period Moving Average model forecasts Washington Trust at 33.09 for the next trading day, with a mean absolute deviation of 1.88 , mean absolute percentage error of 0.06 , and sum of absolute errors of 77.04 .This indicates moderate forecast accuracy — the model captures the general trend but not all short-term variation in Washington Trust's price. This output is intended for short-term analytical reference.
Stock Forecast Pattern
| Backtest Washington Trust | Washington Trust Price Prediction | Research Analysis |
Forecasted Value
The projected range for Washington Trust reflects the model's ability to define credible downside and upside scenarios for the next trading day. The model places downside around 30.39 and upside around 35.78 for the next session. The wide range indicates elevated uncertainty in short-term projections.
Model Predictive Factors
The table below summarizes the 20 Period Moving Average model's error metrics for Washington Trust stock. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 82.8617 |
| Bias | Arithmetic mean of the errors | 0.4182 |
| MAD | Mean absolute deviation | 1.8791 |
| MAPE | Mean absolute percentage error | 0.0574 |
| SAE | Sum of the absolute errors | 77.0415 |
Other Forecasting Options for Washington Trust
The distribution of Washington Trust's daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This reveals hidden support and resistance zones in Washington Trust's chart that simple price charts miss.Washington Trust Related Equities
These stocks are related to Washington Trust within the Financials space and can be used for peer review, pricing, or spreading risk. Revenue and margin checks across this group help investors set expectations for Washington Trust's results. When Washington Trust breaks from its peer group on a key metric, it often signals a firm-level change worth exploring.
| Risk & Return | Correlation |
Washington Trust Market Strength Events
Market strength indicators for Washington Trust stock provide a framework for assessing security responsiveness. A rising Accumulation/Distribution line alongside rising price confirms institutional buying interest in Washington Trust.
Washington Trust Risk Indicators
Assessing Washington Trust's risk indicators is a structured way to evaluate the risk-return trade-off for washington trust stock. The level of risk embedded in Washington Trust's feeds directly into exposure calibration.
| Mean Deviation | 1.56 | |||
| Standard Deviation | 2.7 | |||
| Variance | 7.29 |
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.
Washington Trust Short Properties
Short-interest data for Washington Trust reveals whether bearish conviction in the market is gaining traction. This is applicable when the question is whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 19.28 million | |
| Cash And Short Term Investments | 42.36 million |