FS Bancorp Pink Sheet Forecast - 8 Period Moving Average
FXLG Stock | USD 32.00 0.20 0.63% |
The 8 Period Moving Average forecasted value of FS Bancorp on the next trading day is expected to be 31.64 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 9.00. FXLG Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of FS Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns.
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FS Bancorp 8 Period Moving Average Price Forecast For the 9th of December
Given 90 days horizon, the 8 Period Moving Average forecasted value of FS Bancorp on the next trading day is expected to be 31.64 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.00.Please note that although there have been many attempts to predict FXLG Pink Sheet 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 FS Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
FS Bancorp Pink Sheet Forecast Pattern
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FS Bancorp Forecasted Value
In the context of forecasting FS Bancorp's Pink Sheet 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. FS Bancorp's downside and upside margins for the forecasting period are 31.13 and 32.14, respectively. We have considered FS Bancorp'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.
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 FS Bancorp pink sheet data series using in forecasting. Note that when a statistical model is used to represent FS Bancorp pink sheet, 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 | 100.2896 |
Bias | Arithmetic mean of the errors | -0.1241 |
MAD | Mean absolute deviation | 0.1698 |
MAPE | Mean absolute percentage error | 0.0054 |
SAE | Sum of the absolute errors | 8.9975 |