CF Bankshares Stock Forecast - Naive Prediction
| CFBK Stock | USD 27.66 0.18 0.65% |
The Naive Prediction forecasted value of CF Bankshares on the next trading day is expected to be 28.20 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 28.85. CFBK Stock Forecast is based on your current time horizon. Although CF Bankshares' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of CF Bankshares' systematic risk associated with finding meaningful patterns of CF Bankshares fundamentals over time.
CFBK |
CF Bankshares Cash Forecast
To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the CF Bankshares' financial statements, predicting their influence on future market prices.
Cash | First Reported 1999-03-31 | Previous Quarter 241.9 M | Current Value 233.6 M | Quarterly Volatility 66.4 M |
CF Bankshares Naive Prediction Price Forecast For the 13th of December 2024
Given 90 days horizon, the Naive Prediction forecasted value of CF Bankshares on the next trading day is expected to be 28.20 with a mean absolute deviation of 0.47, mean absolute percentage error of 0.42, and the sum of the absolute errors of 28.85.Please note that although there have been many attempts to predict CFBK 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 CF Bankshares' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
CF Bankshares Stock Forecast Pattern
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CF Bankshares Forecasted Value
In the context of forecasting CF Bankshares' 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. CF Bankshares' downside and upside margins for the forecasting period are 25.74 and 30.66, respectively. We have considered CF Bankshares' 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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of CF Bankshares stock data series using in forecasting. Note that when a statistical model is used to represent CF Bankshares 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 | 117.2327 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.473 |
| MAPE | Mean absolute percentage error | 0.0184 |
| SAE | Sum of the absolute errors | 28.8507 |
Predictive Modules for CF Bankshares
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CF Bankshares. 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 CF Bankshares
For every potential investor in CFBK, whether a beginner or expert, CF Bankshares' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CFBK Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CFBK. Basic forecasting techniques help filter out the noise by identifying CF Bankshares' price trends.CF Bankshares 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 CF Bankshares stock to make a market-neutral strategy. Peer analysis of CF Bankshares could also be used in its relative valuation, which is a method of valuing CF Bankshares by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CF Bankshares 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 CF Bankshares' 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 CF Bankshares' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
CF Bankshares Market Strength Events
Market strength indicators help investors to evaluate how CF Bankshares stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CF Bankshares shares will generate the highest return on investment. By undertsting and applying CF Bankshares stock market strength indicators, traders can identify CF Bankshares entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 27.66 | |||
| Day Typical Price | 27.66 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (0.18) |
CF Bankshares Risk Indicators
The analysis of CF Bankshares' 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 CF Bankshares' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cfbk 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 | 1.86 | |||
| Semi Deviation | 1.74 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.06 | |||
| Downside Variance | 4.26 | |||
| Semi Variance | 3.03 | |||
| Expected Short fall | (2.25) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of CF Bankshares to cross-verify your projections. For more information on how to buy CFBK Stock please use our How to buy in CFBK Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CF Bankshares. If investors know CFBK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CF Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.048 | Dividend Share 0.24 | Earnings Share 2.04 | Revenue Per Share 7.026 | Quarterly Revenue Growth 0.062 |
The market value of CF Bankshares is measured differently than its book value, which is the value of CFBK that is recorded on the company's balance sheet. Investors also form their own opinion of CF Bankshares' value that differs from its market value or its book value, called intrinsic value, which is CF Bankshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CF Bankshares' market value can be influenced by many factors that don't directly affect CF Bankshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CF Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if CF Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CF Bankshares' 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.