Bancorp Stock Forecast - Naive Prediction
| TBBK Stock | USD 58.83 1.53 2.53% |
The Naive Prediction forecasted value of The Bancorp on the next trading day is expected to be 59.83 with a mean absolute deviation of 1.88 and the sum of the absolute errors of 114.93. Bancorp Stock Forecast is based on your current time horizon. Although 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 Bancorp's systematic risk associated with finding meaningful patterns of Bancorp fundamentals over time.
Bancorp |
Bancorp Cash Forecast
To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the Bancorp's financial statements, predicting their influence on future market prices.
Cash | First Reported 2003-12-31 | Previous Quarter 405.6 M | Current Value 55.8 M | Quarterly Volatility 425.4 M |
Bancorp Naive Prediction Price Forecast For the 28th of November
Given 90 days horizon, the Naive Prediction forecasted value of The Bancorp on the next trading day is expected to be 59.83 with a mean absolute deviation of 1.88, mean absolute percentage error of 5.59, and the sum of the absolute errors of 114.93.Please note that although there have been many attempts to predict Bancorp 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 Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bancorp Stock Forecast Pattern
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Bancorp Forecasted Value
In the context of forecasting 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. Bancorp's downside and upside margins for the forecasting period are 56.12 and 63.54, respectively. We have considered 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 Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent 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 | 119.8317 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.8842 |
| MAPE | Mean absolute percentage error | 0.0355 |
| SAE | Sum of the absolute errors | 114.9341 |
Predictive Modules for 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 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 Bancorp
For every potential investor in Bancorp, whether a beginner or expert, Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bancorp Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bancorp. Basic forecasting techniques help filter out the noise by identifying Bancorp's price trends.View Bancorp Related Equities
| Risk & Return | Correlation |
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 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 Bancorp's current price.| Cycle Indicators | ||
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| Volume Indicators |
Bancorp Market Strength Events
Market strength indicators help investors to evaluate how 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 Bancorp shares will generate the highest return on investment. By undertsting and applying Bancorp stock market strength indicators, traders can identify The Bancorp entry and exit signals to maximize returns.
Bancorp Risk Indicators
The analysis of 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 Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bancorp 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 | 2.46 | |||
| Semi Deviation | 3.27 | |||
| Standard Deviation | 3.67 | |||
| Variance | 13.5 | |||
| Downside Variance | 12.4 | |||
| Semi Variance | 10.69 | |||
| Expected Short fall | (2.81) |
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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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 Bancorp. If investors know Bancorp 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 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 0.13 | Earnings Share 3.96 | Revenue Per Share 9.168 | Quarterly Revenue Growth 0.075 | Return On Assets 0.0264 |
The market value of Bancorp is measured differently than its book value, which is the value of Bancorp that is recorded on the company's balance sheet. Investors also form their own opinion of Bancorp's value that differs from its market value or its book value, called intrinsic value, which is 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 Bancorp's market value can be influenced by many factors that don't directly affect 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 Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 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.