Eagle Bancorp Stock Forecast - Naive Prediction
| EGBN Stock | USD 26.05 0.02 0.08% |
The Naive Prediction forecasted value of Eagle Bancorp on the next trading day is expected to be 27.59 with a mean absolute deviation of 0.50 and the sum of the absolute errors of 30.37. Eagle Stock Forecast is based on your current time horizon. Although Eagle Bancorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Eagle Bancorp's systematic risk associated with finding meaningful patterns of Eagle Bancorp fundamentals over time.
Eagle |
Open Interest Against 2025-03-21 Eagle Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Eagle Bancorp's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Eagle Bancorp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Eagle Bancorp stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Eagle Bancorp's open interest, investors have to compare it to Eagle Bancorp's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Eagle Bancorp is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Eagle. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Eagle Bancorp Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Eagle Bancorp's financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 1999-03-31 | Previous Quarter 16.4 M | Current Value 11.9 M | Quarterly Volatility 420 M |
Eagle Bancorp Naive Prediction Price Forecast For the 31st of January
Given 90 days horizon, the Naive Prediction forecasted value of Eagle Bancorp on the next trading day is expected to be 27.59 with a mean absolute deviation of 0.50, mean absolute percentage error of 0.43, and the sum of the absolute errors of 30.37.Please note that although there have been many attempts to predict Eagle 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 Eagle Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Eagle Bancorp Stock Forecast Pattern
| Backtest Eagle Bancorp | Eagle Bancorp Price Prediction | Buy or Sell Advice |
Eagle Bancorp Forecasted Value
In the context of forecasting Eagle Bancorp'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. Eagle Bancorp's downside and upside margins for the forecasting period are 24.87 and 30.30, respectively. We have considered Eagle Bancorp'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 Eagle Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent Eagle 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.| AIC | Akaike Information Criteria | 117.2656 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4978 |
| MAPE | Mean absolute percentage error | 0.0183 |
| SAE | Sum of the absolute errors | 30.3661 |
Predictive Modules for Eagle 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 Eagle 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 Eagle Bancorp
For every potential investor in Eagle, whether a beginner or expert, Eagle Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eagle Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eagle. Basic forecasting techniques help filter out the noise by identifying Eagle Bancorp's price trends.View Eagle Bancorp Related Equities
| Risk & Return | Correlation |
Eagle 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 Eagle Bancorp'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 Eagle Bancorp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Eagle Bancorp Market Strength Events
Market strength indicators help investors to evaluate how Eagle Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eagle Bancorp shares will generate the highest return on investment. By undertsting and applying Eagle Bancorp stock market strength indicators, traders can identify Eagle Bancorp entry and exit signals to maximize returns.
| Accumulation Distribution | 4599.47 | |||
| Daily Balance Of Power | 0.0238 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 26.22 | |||
| Day Typical Price | 26.16 | |||
| Price Action Indicator | (0.16) | |||
| Period Momentum Indicator | 0.02 |
Eagle Bancorp Risk Indicators
The analysis of Eagle Bancorp'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 Eagle Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eagle 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 | 1.93 | |||
| Semi Deviation | 2.1 | |||
| Standard Deviation | 3.24 | |||
| Variance | 10.52 | |||
| Downside Variance | 4.93 | |||
| Semi Variance | 4.43 | |||
| Expected Short fall | (2.27) |
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.
Pair Trading with Eagle Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eagle Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eagle Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Eagle Stock
Moving against Eagle Stock
The ability to find closely correlated positions to Eagle Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eagle Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eagle Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eagle Bancorp to buy it.
The correlation of Eagle Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eagle Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eagle Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Eagle Bancorp to cross-verify your projections. To learn how to invest in Eagle Stock, please use our How to Invest in Eagle Bancorp guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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 Eagle Bancorp. If investors know Eagle 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 Eagle Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Dividend Share 1.515 | Earnings Share (1.57) | Revenue Per Share | Quarterly Revenue Growth (0.03) |
The market value of Eagle Bancorp is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Eagle Bancorp'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 Eagle Bancorp's market value can be influenced by many factors that don't directly affect Eagle Bancorp'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 Eagle Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Bancorp'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.