American National Stock Forecast - Polynomial Regression

AMNBDelisted Stock  USD 31.60  0.44  1.41%   
The Polynomial Regression forecasted value of American National Bankshares on the next trading day is expected to be 30.71 with a mean absolute deviation of 0.96 and the sum of the absolute errors of 58.30. American Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast American National stock prices and determine the direction of American National Bankshares's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of American National's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
American National polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for American National Bankshares as well as the accuracy indicators are determined from the period prices.

American National Polynomial Regression Price Forecast For the 12th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of American National Bankshares on the next trading day is expected to be 30.71 with a mean absolute deviation of 0.96, mean absolute percentage error of 1.31, and the sum of the absolute errors of 58.30.
Please note that although there have been many attempts to predict American 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 American National's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

American National Stock Forecast Pattern

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of American National stock data series using in forecasting. Note that when a statistical model is used to represent American National 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 Criteria118.3799
BiasArithmetic mean of the errors None
MADMean absolute deviation0.9558
MAPEMean absolute percentage error0.0332
SAESum of the absolute errors58.301
A single variable polynomial regression model attempts to put a curve through the American National historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for American National

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American National. 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
31.6031.6031.60
Details
Intrinsic
Valuation
LowRealHigh
25.6825.6834.76
Details
Bollinger
Band Projection (param)
LowMiddleHigh
27.6529.8632.06
Details

View American National Related Equities

 Risk & Return  Correlation

American National Market Strength Events

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

American National Risk Indicators

The analysis of American National'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 American National's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting american 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Other Consideration for investing in American Stock

If you are still planning to invest in American National check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the American National's history and understand the potential risks before investing.
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