CullenFrost Bankers Preferred Stock Forecast - Polynomial Regression

CFR-PB Preferred Stock  USD 19.40  0.04  0.21%   
The Polynomial Regression forecasted value of CullenFrost Bankers on the next trading day is expected to be 19.56 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.77. CullenFrost Preferred Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CullenFrost Bankers stock prices and determine the direction of CullenFrost Bankers's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CullenFrost Bankers' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
CullenFrost Bankers polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for CullenFrost Bankers as well as the accuracy indicators are determined from the period prices.

CullenFrost Bankers Polynomial Regression Price Forecast For the 2nd of December

Given 90 days horizon, the Polynomial Regression forecasted value of CullenFrost Bankers on the next trading day is expected to be 19.56 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.77.
Please note that although there have been many attempts to predict CullenFrost 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 CullenFrost Bankers' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CullenFrost Bankers Preferred Stock Forecast Pattern

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CullenFrost Bankers Forecasted Value

In the context of forecasting CullenFrost Bankers' 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. CullenFrost Bankers' downside and upside margins for the forecasting period are 18.67 and 20.45, respectively. We have considered CullenFrost Bankers' 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
19.40
19.56
Expected Value
20.45
Upside

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 CullenFrost Bankers preferred stock data series using in forecasting. Note that when a statistical model is used to represent CullenFrost Bankers 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 Criteria114.7308
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1438
MAPEMean absolute percentage error0.007
SAESum of the absolute errors8.7734
A single variable polynomial regression model attempts to put a curve through the CullenFrost Bankers 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 CullenFrost Bankers

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CullenFrost Bankers. 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
18.5119.4020.29
Details
Intrinsic
Valuation
LowRealHigh
18.9919.8820.78
Details
Bollinger
Band Projection (param)
LowMiddleHigh
19.0919.3219.55
Details

Other Forecasting Options for CullenFrost Bankers

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

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

CullenFrost Bankers 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 CullenFrost Bankers' 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 CullenFrost Bankers' current price.

CullenFrost Bankers Market Strength Events

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

CullenFrost Bankers Risk Indicators

The analysis of CullenFrost Bankers' 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 CullenFrost Bankers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cullenfrost 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.

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.

Other Information on Investing in CullenFrost Preferred Stock

CullenFrost Bankers financial ratios help investors to determine whether CullenFrost 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 CullenFrost with respect to the benefits of owning CullenFrost Bankers security.