Fulton Financial Stock Forecast - Naive Prediction
FULT Stock | USD 21.99 0.38 1.76% |
The Naive Prediction forecasted value of Fulton Financial on the next trading day is expected to be 21.19 with a mean absolute deviation of 0.44 and the sum of the absolute errors of 27.55. Fulton Stock Forecast is based on your current time horizon.
Fulton |
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Fulton Financial's financial statements to predict how it will affect future prices.
Cash | First Reported 1989-06-30 | Previous Quarter 1.4 B | Current Value 1.4 B | Quarterly Volatility 171.6 M |
Fulton Financial Naive Prediction Price Forecast For the 27th of November
Given 90 days horizon, the Naive Prediction forecasted value of Fulton Financial on the next trading day is expected to be 21.19 with a mean absolute deviation of 0.44, mean absolute percentage error of 0.31, and the sum of the absolute errors of 27.55.Please note that although there have been many attempts to predict Fulton 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 Fulton Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Fulton Financial Stock Forecast Pattern
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Fulton Financial Forecasted Value
In the context of forecasting Fulton 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. Fulton Financial's downside and upside margins for the forecasting period are 18.49 and 23.89, respectively. We have considered Fulton 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 Fulton Financial stock data series using in forecasting. Note that when a statistical model is used to represent Fulton 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 | 118.7792 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.4444 |
MAPE | Mean absolute percentage error | 0.0236 |
SAE | Sum of the absolute errors | 27.5543 |
Predictive Modules for Fulton 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 Fulton Financial. 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 Fulton Financial
For every potential investor in Fulton, whether a beginner or expert, Fulton Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fulton Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fulton. Basic forecasting techniques help filter out the noise by identifying Fulton Financial's price trends.View Fulton Financial Related Equities
Risk & Return | Correlation |
Fulton Financial 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 Fulton 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 Fulton Financial's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Fulton Financial Market Strength Events
Market strength indicators help investors to evaluate how Fulton 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 Fulton Financial shares will generate the highest return on investment. By undertsting and applying Fulton Financial stock market strength indicators, traders can identify Fulton Financial entry and exit signals to maximize returns.
Accumulation Distribution | 84121.02 | |||
Daily Balance Of Power | 0.3065 | |||
Rate Of Daily Change | 1.02 | |||
Day Median Price | 21.87 | |||
Day Typical Price | 21.91 | |||
Price Action Indicator | 0.31 | |||
Period Momentum Indicator | 0.38 |
Fulton Financial Risk Indicators
The analysis of Fulton 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 Fulton Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fulton 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 | 1.69 | |||
Semi Deviation | 1.61 | |||
Standard Deviation | 2.74 | |||
Variance | 7.51 | |||
Downside Variance | 3.39 | |||
Semi Variance | 2.59 | |||
Expected Short fall | (1.94) |
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.
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Additional Tools for Fulton Stock Analysis
When running Fulton Financial's price analysis, check to measure Fulton Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fulton Financial is operating at the current time. Most of Fulton Financial's value examination focuses on studying past and present price action to predict the probability of Fulton Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fulton Financial's price. Additionally, you may evaluate how the addition of Fulton Financial to your portfolios can decrease your overall portfolio volatility.