Bayfirst Financial Stock Forecast - Simple Exponential Smoothing
| BAFN Stock | USD 18.84 0.11 0.58% |
The Simple Exponential Smoothing forecasted value of Bayfirst Financial Corp on the next trading day is expected to be 18.84 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.95. Bayfirst Stock Forecast is based on your current time horizon. Although Bayfirst Financial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Bayfirst Financial's systematic risk associated with finding meaningful patterns of Bayfirst Financial fundamentals over time.
Bayfirst |
Bayfirst Financial Simple Exponential Smoothing Price Forecast For the 28th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Bayfirst Financial Corp on the next trading day is expected to be 18.84 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.16, and the sum of the absolute errors of 15.95.Please note that although there have been many attempts to predict Bayfirst 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 Bayfirst Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bayfirst Financial Stock Forecast Pattern
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Bayfirst Financial Forecasted Value
In the context of forecasting Bayfirst 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. Bayfirst Financial's downside and upside margins for the forecasting period are 16.10 and 21.58, respectively. We have considered Bayfirst 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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Bayfirst Financial stock data series using in forecasting. Note that when a statistical model is used to represent Bayfirst 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 | 116.2781 |
| Bias | Arithmetic mean of the errors | -0.09 |
| MAD | Mean absolute deviation | 0.2615 |
| MAPE | Mean absolute percentage error | 0.0173 |
| SAE | Sum of the absolute errors | 15.95 |
Predictive Modules for Bayfirst 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 Bayfirst Financial Corp. 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 Bayfirst Financial
For every potential investor in Bayfirst, whether a beginner or expert, Bayfirst Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bayfirst Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bayfirst. Basic forecasting techniques help filter out the noise by identifying Bayfirst Financial's price trends.Bayfirst Financial 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 Bayfirst Financial stock to make a market-neutral strategy. Peer analysis of Bayfirst Financial could also be used in its relative valuation, which is a method of valuing Bayfirst Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bayfirst Financial Corp 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 Bayfirst 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 Bayfirst Financial's current price.| Cycle Indicators | ||
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| Overlap Studies | ||
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| Volatility Indicators | ||
| Volume Indicators |
Bayfirst Financial Market Strength Events
Market strength indicators help investors to evaluate how Bayfirst 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 Bayfirst Financial shares will generate the highest return on investment. By undertsting and applying Bayfirst Financial stock market strength indicators, traders can identify Bayfirst Financial Corp entry and exit signals to maximize returns.
Bayfirst Financial Risk Indicators
The analysis of Bayfirst 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 Bayfirst Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bayfirst 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 | 1.85 | |||
| Semi Deviation | 1.45 | |||
| Standard Deviation | 2.72 | |||
| Variance | 7.38 | |||
| Downside Variance | 3.61 | |||
| Semi Variance | 2.11 | |||
| Expected Short fall | (2.36) |
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.
When determining whether Bayfirst Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bayfirst Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bayfirst Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bayfirst Financial Corp Stock: Check out Historical Fundamental Analysis of Bayfirst Financial to cross-verify your projections. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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 Bayfirst Financial. If investors know Bayfirst 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 Bayfirst Financial 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 5.594 | Dividend Share 0.32 | Earnings Share 2.62 | Revenue Per Share | Quarterly Revenue Growth 0.363 |
The market value of Bayfirst Financial Corp is measured differently than its book value, which is the value of Bayfirst that is recorded on the company's balance sheet. Investors also form their own opinion of Bayfirst Financial's value that differs from its market value or its book value, called intrinsic value, which is Bayfirst Financial'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 Bayfirst Financial's market value can be influenced by many factors that don't directly affect Bayfirst Financial'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 Bayfirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bayfirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bayfirst Financial'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.