Amalgamated Bank Stock Forecast - Naive Prediction
| AMAL Stock | USD 34.94 0.07 0.20% |
The Naive Prediction forecasted value of Amalgamated Bank on the next trading day is expected to be 34.12 with a mean absolute deviation of 0.65 and the sum of the absolute errors of 39.44. Amalgamated Stock Forecast is based on your current time horizon. Although Amalgamated Bank's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Amalgamated Bank's systematic risk associated with finding meaningful patterns of Amalgamated Bank fundamentals over time.
Amalgamated |
Amalgamated Bank 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 Amalgamated Bank's financial statements, predicting their influence on future market prices.
Cash | First Reported 2016-12-31 | Previous Quarter 58 M | Current Value 149.2 M | Quarterly Volatility 204.8 M |
Amalgamated Bank Naive Prediction Price Forecast For the 16th of December 2024
Given 90 days horizon, the Naive Prediction forecasted value of Amalgamated Bank on the next trading day is expected to be 34.12 with a mean absolute deviation of 0.65, mean absolute percentage error of 0.80, and the sum of the absolute errors of 39.44.Please note that although there have been many attempts to predict Amalgamated 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 Amalgamated Bank's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Amalgamated Bank Stock Forecast Pattern
| Backtest Amalgamated Bank | Amalgamated Bank Price Prediction | Buy or Sell Advice |
Amalgamated Bank Forecasted Value
In the context of forecasting Amalgamated Bank'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. Amalgamated Bank's downside and upside margins for the forecasting period are 31.62 and 36.63, respectively. We have considered Amalgamated Bank'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 Amalgamated Bank stock data series using in forecasting. Note that when a statistical model is used to represent Amalgamated Bank 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 | 117.8928 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.6466 |
| MAPE | Mean absolute percentage error | 0.019 |
| SAE | Sum of the absolute errors | 39.4433 |
Predictive Modules for Amalgamated Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amalgamated Bank. 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 Amalgamated Bank
For every potential investor in Amalgamated, whether a beginner or expert, Amalgamated Bank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Amalgamated Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Amalgamated. Basic forecasting techniques help filter out the noise by identifying Amalgamated Bank's price trends.Amalgamated Bank Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Amalgamated Bank stock to make a market-neutral strategy. Peer analysis of Amalgamated Bank could also be used in its relative valuation, which is a method of valuing Amalgamated Bank by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Amalgamated Bank 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 Amalgamated Bank'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 Amalgamated Bank's current price.| Cycle Indicators | ||
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Amalgamated Bank Market Strength Events
Market strength indicators help investors to evaluate how Amalgamated Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amalgamated Bank shares will generate the highest return on investment. By undertsting and applying Amalgamated Bank stock market strength indicators, traders can identify Amalgamated Bank entry and exit signals to maximize returns.
Amalgamated Bank Risk Indicators
The analysis of Amalgamated Bank'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 Amalgamated Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amalgamated 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 | 1.59 | |||
| Semi Deviation | 1.76 | |||
| Standard Deviation | 2.53 | |||
| Variance | 6.4 | |||
| Downside Variance | 3.59 | |||
| Semi Variance | 3.11 | |||
| Expected Short fall | (1.95) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Amalgamated Bank to cross-verify your projections. For more information on how to buy Amalgamated Stock please use our How to buy in Amalgamated Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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 Amalgamated Bank. If investors know Amalgamated 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 Amalgamated Bank 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 0.233 | Dividend Share 0.44 | Earnings Share 3.39 | Revenue Per Share 9.928 | Quarterly Revenue Growth 0.156 |
The market value of Amalgamated Bank is measured differently than its book value, which is the value of Amalgamated that is recorded on the company's balance sheet. Investors also form their own opinion of Amalgamated Bank's value that differs from its market value or its book value, called intrinsic value, which is Amalgamated Bank'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 Amalgamated Bank's market value can be influenced by many factors that don't directly affect Amalgamated Bank'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 Amalgamated Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amalgamated Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amalgamated Bank'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.