Bayfirst Financial Stock Forecast - Naive Prediction
| BAFN Stock | USD 13.71 0.28 2.08% |
The Naive Prediction forecasted value of Bayfirst Financial Corp on the next trading day is expected to be 14.08 with a mean absolute deviation of 0.25 and the sum of the absolute errors of 14.96. Bayfirst Stock Forecast is based on your current time horizon. Although Bayfirst Financial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Bayfirst Financial's systematic risk associated with finding meaningful patterns of Bayfirst Financial fundamentals over time.
Bayfirst |
Bayfirst Financial Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Bayfirst Financial's financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 1991-12-31 | Previous Quarter 60.5 M | Current Value 63 M | Quarterly Volatility 47.2 M |
Bayfirst Financial Naive Prediction Price Forecast For the 13th of November 2024
Given 90 days horizon, the Naive Prediction forecasted value of Bayfirst Financial Corp on the next trading day is expected to be 14.08 with a mean absolute deviation of 0.25, mean absolute percentage error of 0.09, and the sum of the absolute errors of 14.96.Please note that although there have been many attempts to predict Bayfirst 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 Bayfirst Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bayfirst Financial Stock Forecast Pattern
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Bayfirst Financial Forecasted Value
In the context of forecasting Bayfirst Financial'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. Bayfirst Financial's downside and upside margins for the forecasting period are 11.94 and 16.21, respectively. We have considered Bayfirst Financial'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 Bayfirst Financial stock data series using in forecasting. Note that when a statistical model is used to represent Bayfirst Financial 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 | 115.6744 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2453 |
| MAPE | Mean absolute percentage error | 0.0184 |
| SAE | Sum of the absolute errors | 14.9624 |
Predictive Modules for Bayfirst Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bayfirst Financial Corp. 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 Bayfirst Financial
For every potential investor in Bayfirst, whether a beginner or expert, Bayfirst Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bayfirst Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bayfirst. Basic forecasting techniques help filter out the noise by identifying Bayfirst Financial's price trends.Bayfirst Financial 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 Bayfirst Financial stock to make a market-neutral strategy. Peer analysis of Bayfirst Financial could also be used in its relative valuation, which is a method of valuing Bayfirst Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bayfirst Financial Corp 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 Bayfirst Financial'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 Bayfirst Financial's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
Bayfirst Financial Market Strength Events
Market strength indicators help investors to evaluate how Bayfirst Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bayfirst Financial shares will generate the highest return on investment. By undertsting and applying Bayfirst Financial stock market strength indicators, traders can identify Bayfirst Financial Corp entry and exit signals to maximize returns.
Bayfirst Financial Risk Indicators
The analysis of Bayfirst Financial'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 Bayfirst Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bayfirst 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 | 1.57 | |||
| Semi Deviation | 1.45 | |||
| Standard Deviation | 2.13 | |||
| Variance | 4.55 | |||
| Downside Variance | 2.52 | |||
| Semi Variance | 2.09 | |||
| Expected Short fall | (2.19) |
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.
Pair Trading with Bayfirst Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bayfirst Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bayfirst Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bayfirst Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bayfirst Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bayfirst Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bayfirst Financial Corp to buy it.
The correlation of Bayfirst Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bayfirst Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bayfirst Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bayfirst Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Bayfirst Financial to cross-verify your projections. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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 Bayfirst Financial. If investors know Bayfirst 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 Bayfirst Financial 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 (0.56) | Dividend Share 0.32 | Earnings Share 0.74 | Revenue Per Share 30.056 | Quarterly Revenue Growth (0.07) |
The market value of Bayfirst Financial Corp is measured differently than its book value, which is the value of Bayfirst that is recorded on the company's balance sheet. Investors also form their own opinion of Bayfirst Financial's value that differs from its market value or its book value, called intrinsic value, which is Bayfirst Financial'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 Bayfirst Financial's market value can be influenced by many factors that don't directly affect Bayfirst Financial'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 Bayfirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bayfirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bayfirst Financial'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.