Cullen/Frost Bankers Stock Forecast - Triple Exponential Smoothing

CFZ Stock  EUR 129.00  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of CullenFrost Bankers on the next trading day is expected to be 129.00 with a mean absolute deviation of 1.77 and the sum of the absolute errors of 104.50. Cullen/Frost Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Cullen/Frost Bankers' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Triple exponential smoothing for Cullen/Frost Bankers - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Cullen/Frost Bankers prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Cullen/Frost Bankers price movement. However, neither of these exponential smoothing models address any seasonality of Cullen/Frost Bankers.

Cullen/Frost Bankers Triple Exponential Smoothing Price Forecast For the 7th of January

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of CullenFrost Bankers on the next trading day is expected to be 129.00 with a mean absolute deviation of 1.77, mean absolute percentage error of 7.12, and the sum of the absolute errors of 104.50.
Please note that although there have been many attempts to predict Cullen/Frost 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 Cullen/Frost Bankers' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Cullen/Frost Bankers Stock Forecast Pattern

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Cullen/Frost Bankers Forecasted Value

In the context of forecasting Cullen/Frost Bankers' 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. Cullen/Frost Bankers' downside and upside margins for the forecasting period are 126.83 and 131.17, respectively. We have considered Cullen/Frost Bankers' 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.
Market Value
129.00
126.83
Downside
129.00
Expected Value
131.17
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Cullen/Frost Bankers stock data series using in forecasting. Note that when a statistical model is used to represent Cullen/Frost Bankers 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors -0.4529
MADMean absolute deviation1.7712
MAPEMean absolute percentage error0.0143
SAESum of the absolute errors104.5
As with simple exponential smoothing, in triple exponential smoothing models past Cullen/Frost Bankers observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older CullenFrost Bankers observations.

Predictive Modules for Cullen/Frost Bankers

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cullen/Frost Bankers. 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.
Hype
Prediction
LowEstimatedHigh
126.83129.00131.17
Details
Intrinsic
Valuation
LowRealHigh
116.10145.17147.34
Details

Other Forecasting Options for Cullen/Frost Bankers

For every potential investor in Cullen/Frost, whether a beginner or expert, Cullen/Frost Bankers' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cullen/Frost Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cullen/Frost. Basic forecasting techniques help filter out the noise by identifying Cullen/Frost Bankers' price trends.

Cullen/Frost Bankers 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 Cullen/Frost Bankers stock to make a market-neutral strategy. Peer analysis of Cullen/Frost Bankers could also be used in its relative valuation, which is a method of valuing Cullen/Frost Bankers by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Cullen/Frost Bankers 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 Cullen/Frost Bankers' 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 Cullen/Frost Bankers' current price.

Cullen/Frost Bankers Market Strength Events

Market strength indicators help investors to evaluate how Cullen/Frost Bankers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cullen/Frost Bankers shares will generate the highest return on investment. By undertsting and applying Cullen/Frost Bankers stock market strength indicators, traders can identify CullenFrost Bankers entry and exit signals to maximize returns.

Cullen/Frost Bankers Risk Indicators

The analysis of Cullen/Frost Bankers' 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 Cullen/Frost Bankers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cullen/frost 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.
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 Information and Resources on Investing in Cullen/Frost Stock

When determining whether Cullen/Frost Bankers is a strong investment it is important to analyze Cullen/Frost Bankers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cullen/Frost Bankers' future performance. For an informed investment choice regarding Cullen/Frost Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Cullen/Frost Bankers to cross-verify your projections.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Please note, there is a significant difference between Cullen/Frost Bankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cullen/Frost Bankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cullen/Frost Bankers' 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.