Fulton Financial Preferred Stock Forecast - 8 Period Moving Average

FULTP Preferred Stock  USD 21.00  0.06  0.28%   
The 8 Period Moving Average forecasted value of Fulton Financial on the next trading day is expected to be 20.65 with a mean absolute deviation of 0.39 and the sum of the absolute errors of 20.53. Fulton Preferred Stock Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for Fulton Financial is based on an artificially constructed time series of Fulton Financial daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Fulton Financial 8 Period Moving Average Price Forecast For the 2nd of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of Fulton Financial on the next trading day is expected to be 20.65 with a mean absolute deviation of 0.39, mean absolute percentage error of 0.23, and the sum of the absolute errors of 20.53.
Please note that although there have been many attempts to predict Fulton 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 Fulton Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fulton Financial Preferred Stock Forecast Pattern

Backtest Fulton FinancialFulton Financial Price PredictionBuy or Sell Advice 

Fulton Financial Forecasted Value

In the context of forecasting Fulton Financial'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. Fulton Financial's downside and upside margins for the forecasting period are 19.63 and 21.68, respectively. We have considered Fulton 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.
Market Value
21.00
20.65
Expected Value
21.68
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Fulton Financial preferred stock data series using in forecasting. Note that when a statistical model is used to represent Fulton Financial 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 Criteria101.9503
BiasArithmetic mean of the errors -0.1916
MADMean absolute deviation0.3874
MAPEMean absolute percentage error0.0192
SAESum of the absolute errors20.53
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Fulton Financial 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Fulton 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 Fulton 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fulton Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
19.9721.0022.03
Details
Intrinsic
Valuation
LowRealHigh
18.9022.5923.62
Details
Bollinger
Band Projection (param)
LowMiddleHigh
19.6820.5421.40
Details

Other Forecasting Options for Fulton Financial

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

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

Fulton 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 Fulton 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 Fulton Financial's current price.

Fulton Financial Market Strength Events

Market strength indicators help investors to evaluate how Fulton Financial 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 Fulton Financial shares will generate the highest return on investment. By undertsting and applying Fulton Financial preferred stock market strength indicators, traders can identify Fulton Financial entry and exit signals to maximize returns.

Fulton Financial Risk Indicators

The analysis of Fulton 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 Fulton Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fulton 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.

Pair Trading with Fulton Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fulton Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fulton Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fulton Preferred Stock

  0.75KB KB Financial GroupPairCorr

Moving against Fulton Preferred Stock

  0.35TFC-PO Truist FinancialPairCorr
The ability to find closely correlated positions to Fulton Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fulton Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fulton Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fulton Financial to buy it.
The correlation of Fulton Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fulton Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fulton Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fulton Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Fulton Preferred Stock Analysis

When running Fulton Financial's price analysis, check to measure Fulton Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fulton Financial is operating at the current time. Most of Fulton Financial's value examination focuses on studying past and present price action to predict the probability of Fulton Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fulton Financial's price. Additionally, you may evaluate how the addition of Fulton Financial to your portfolios can decrease your overall portfolio volatility.