Capital One Preferred Stock Forecast - Naive Prediction

COF-PL Preferred Stock  USD 18.29  0.37  1.98%   
The Naive Prediction forecasted value of Capital One Financial on the next trading day is expected to be 18.29 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 12.77. Capital Preferred Stock Forecast is based on your current time horizon.
  
A naive forecasting model for Capital One is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Capital One Financial value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Capital One Naive Prediction Price Forecast For the 5th of December

Given 90 days horizon, the Naive Prediction forecasted value of Capital One Financial on the next trading day is expected to be 18.29 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.08, and the sum of the absolute errors of 12.77.
Please note that although there have been many attempts to predict Capital Preferred 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 Capital One's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Capital One Preferred Stock Forecast Pattern

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Capital One Forecasted Value

In the context of forecasting Capital One's Preferred 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. Capital One's downside and upside margins for the forecasting period are 17.09 and 19.49, respectively. We have considered Capital One'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.
Market Value
18.29
18.29
Expected Value
19.49
Upside

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 Capital One preferred stock data series using in forecasting. Note that when a statistical model is used to represent Capital One preferred 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 Criteria115.5331
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2094
MAPEMean absolute percentage error0.0111
SAESum of the absolute errors12.7739
This model is not at all useful as a medium-long range forecasting tool of Capital One Financial. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Capital One. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Capital One

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Capital One Financial. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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
17.4818.6619.84
Details
Intrinsic
Valuation
LowRealHigh
17.5918.7719.95
Details
Bollinger
Band Projection (param)
LowMiddleHigh
18.3618.5518.75
Details

Other Forecasting Options for Capital One

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

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

Capital One Financial Technical and Predictive Analytics

The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Capital One'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 Capital One's current price.

Capital One Market Strength Events

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

Capital One Risk Indicators

The analysis of Capital One'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 Capital One's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting capital preferred 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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Other Information on Investing in Capital Preferred Stock

Capital One financial ratios help investors to determine whether Capital Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Capital with respect to the benefits of owning Capital One security.