ST Bancorp Stock Forecast - Naive Prediction
| STBA Stock | USD 43.29 0.51 1.19% |
The Naive Prediction forecasted value of ST Bancorp on the next trading day is expected to be 42.22 with a mean absolute deviation of 0.93 and the sum of the absolute errors of 57.50. STBA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ST Bancorp stock prices and determine the direction of ST Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ST Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns.
STBA |
ST Bancorp Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the ST Bancorp's financial statements to predict how it will affect future prices.
Cash | First Reported 1990-03-31 | Previous Quarter 246.3 M | Current Value 228.1 M | Quarterly Volatility 167.1 M |
ST Bancorp Naive Prediction Price Forecast For the 13th of December 2024
Given 90 days horizon, the Naive Prediction forecasted value of ST Bancorp on the next trading day is expected to be 42.22 with a mean absolute deviation of 0.93, mean absolute percentage error of 1.46, and the sum of the absolute errors of 57.50.Please note that although there have been many attempts to predict STBA 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 ST Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
ST Bancorp Stock Forecast Pattern
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ST Bancorp Forecasted Value
In the context of forecasting ST Bancorp's 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. ST Bancorp's downside and upside margins for the forecasting period are 39.80 and 44.65, respectively. We have considered ST 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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of ST Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent ST Bancorp 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 | 120.3248 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.9274 |
| MAPE | Mean absolute percentage error | 0.0228 |
| SAE | Sum of the absolute errors | 57.5013 |
Predictive Modules for ST Bancorp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ST Bancorp. 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 ST Bancorp
For every potential investor in STBA, whether a beginner or expert, ST Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. STBA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in STBA. Basic forecasting techniques help filter out the noise by identifying ST Bancorp's price trends.View ST Bancorp Related Equities
| Risk & Return | Correlation |
ST Bancorp 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 ST Bancorp's 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 ST Bancorp's current price.| Cycle Indicators | ||
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ST Bancorp Market Strength Events
Market strength indicators help investors to evaluate how ST Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ST Bancorp shares will generate the highest return on investment. By undertsting and applying ST Bancorp stock market strength indicators, traders can identify ST Bancorp entry and exit signals to maximize returns.
ST Bancorp Risk Indicators
The analysis of ST Bancorp'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 ST Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting stba 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 | 1.48 | |||
| Semi Deviation | 1.54 | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.79 | |||
| Downside Variance | 2.76 | |||
| Semi Variance | 2.37 | |||
| Expected Short fall | (1.78) |
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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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.When determining whether ST Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ST Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of St Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on St Bancorp Stock:Check out Historical Fundamental Analysis of ST Bancorp to cross-verify your projections. For information on how to trade STBA Stock refer to our How to Trade STBA Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 ST Bancorp. If investors know STBA 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 ST Bancorp 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 (0.02) | Dividend Share 0.33 | Earnings Share 3.51 | Revenue Per Share 10.107 | Quarterly Revenue Growth 0.014 |
The market value of ST Bancorp is measured differently than its book value, which is the value of STBA that is recorded on the company's balance sheet. Investors also form their own opinion of ST Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ST Bancorp's 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 ST Bancorp's market value can be influenced by many factors that don't directly affect ST Bancorp's 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 ST Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ST Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ST Bancorp's 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.