ServisFirst Bancshares Stock Forecast - Simple Regression
| SFBS Stock | USD 97.08 0.16 0.16% |
The Simple Regression forecasted value of ServisFirst Bancshares on the next trading day is expected to be 96.33 with a mean absolute deviation of 2.87 and the sum of the absolute errors of 178.06. ServisFirst Stock Forecast is based on your current time horizon.
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ServisFirst Bancshares Simple Regression Price Forecast For the 29th of November
Given 90 days horizon, the Simple Regression forecasted value of ServisFirst Bancshares on the next trading day is expected to be 96.33 with a mean absolute deviation of 2.87, mean absolute percentage error of 11.67, and the sum of the absolute errors of 178.06.Please note that although there have been many attempts to predict ServisFirst 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 ServisFirst Bancshares' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
ServisFirst Bancshares Stock Forecast Pattern
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ServisFirst Bancshares Forecasted Value
In the context of forecasting ServisFirst Bancshares' 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. ServisFirst Bancshares' downside and upside margins for the forecasting period are 93.88 and 98.78, respectively. We have considered ServisFirst Bancshares' 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 Regression forecasting method's relative quality and the estimations of the prediction error of ServisFirst Bancshares stock data series using in forecasting. Note that when a statistical model is used to represent ServisFirst Bancshares 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 | 122.4056 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 2.8719 |
| MAPE | Mean absolute percentage error | 0.0338 |
| SAE | Sum of the absolute errors | 178.0592 |
Predictive Modules for ServisFirst Bancshares
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ServisFirst Bancshares. 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 ServisFirst Bancshares
For every potential investor in ServisFirst, whether a beginner or expert, ServisFirst Bancshares' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ServisFirst Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ServisFirst. Basic forecasting techniques help filter out the noise by identifying ServisFirst Bancshares' price trends.View ServisFirst Bancshares Related Equities
| Risk & Return | Correlation |
ServisFirst Bancshares 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 ServisFirst Bancshares' 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 ServisFirst Bancshares' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
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| Volume Indicators |
ServisFirst Bancshares Market Strength Events
Market strength indicators help investors to evaluate how ServisFirst Bancshares stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ServisFirst Bancshares shares will generate the highest return on investment. By undertsting and applying ServisFirst Bancshares stock market strength indicators, traders can identify ServisFirst Bancshares entry and exit signals to maximize returns.
| Accumulation Distribution | 2522.88 | |||
| Daily Balance Of Power | (0.09) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 97.82 | |||
| Day Typical Price | 97.58 | |||
| Price Action Indicator | (0.82) | |||
| Period Momentum Indicator | (0.16) |
ServisFirst Bancshares Risk Indicators
The analysis of ServisFirst Bancshares' 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 ServisFirst Bancshares' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting servisfirst 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 | 1.78 | |||
| Semi Deviation | 1.57 | |||
| Standard Deviation | 2.4 | |||
| Variance | 5.76 | |||
| Downside Variance | 3.42 | |||
| Semi Variance | 2.45 | |||
| Expected Short fall | (2.02) |
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 Tools for ServisFirst Stock Analysis
When running ServisFirst Bancshares' price analysis, check to measure ServisFirst Bancshares' 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 ServisFirst Bancshares is operating at the current time. Most of ServisFirst Bancshares' value examination focuses on studying past and present price action to predict the probability of ServisFirst Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ServisFirst Bancshares' price. Additionally, you may evaluate how the addition of ServisFirst Bancshares to your portfolios can decrease your overall portfolio volatility.