First Bancshares, Stock Forecast - 8 Period Moving Average

FBMS Stock  USD 37.89  4.31  12.84%   
The 8 Period Moving Average forecasted value of The First Bancshares, on the next trading day is expected to be 34.60 with a mean absolute deviation of 0.98 and the sum of the absolute errors of 53.16. First Stock Forecast is based on your current time horizon.
  
Fixed Asset Turnover is likely to gain to 2.20 in 2024, whereas Receivables Turnover is likely to drop 5.92 in 2024. . Common Stock Shares Outstanding is likely to gain to about 33.1 M in 2024. Net Income Applicable To Common Shares is likely to gain to about 76 M in 2024.
An 8-period moving average forecast model for First Bancshares, is based on an artificially constructed time series of First Bancshares, daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

First Bancshares, 8 Period Moving Average Price Forecast For the 8th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of The First Bancshares, on the next trading day is expected to be 34.60 with a mean absolute deviation of 0.98, mean absolute percentage error of 1.65, and the sum of the absolute errors of 53.16.
Please note that although there have been many attempts to predict First 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 First Bancshares,'s next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

First Bancshares, Stock Forecast Pattern

Backtest First Bancshares,First Bancshares, Price PredictionBuy or Sell Advice 

First Bancshares, Forecasted Value

In the context of forecasting First Bancshares,'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. First Bancshares,'s downside and upside margins for the forecasting period are 32.19 and 37.02, respectively. We have considered First Bancshares,'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.
Market Value
37.89
34.60
Expected Value
37.02
Upside

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 First Bancshares, stock data series using in forecasting. Note that when a statistical model is used to represent First Bancshares, 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 Criteria105.745
BiasArithmetic mean of the errors -0.277
MADMean absolute deviation0.9845
MAPEMean absolute percentage error0.0295
SAESum of the absolute errors53.1637
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. The First Bancshares, 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for First Bancshares,

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Bancshares,. 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.
Hype
Prediction
LowEstimatedHigh
35.5737.9840.39
Details
Intrinsic
Valuation
LowRealHigh
32.3134.7241.68
Details
Bollinger
Band Projection (param)
LowMiddleHigh
30.9633.6336.30
Details
4 Analysts
Consensus
LowTargetHigh
30.2633.2536.91
Details

Other Forecasting Options for First Bancshares,

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

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

First Bancshares, 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 First Bancshares,'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 First Bancshares,'s current price.

First Bancshares, Market Strength Events

Market strength indicators help investors to evaluate how First Bancshares, stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Bancshares, shares will generate the highest return on investment. By undertsting and applying First Bancshares, stock market strength indicators, traders can identify The First Bancshares, entry and exit signals to maximize returns.

First Bancshares, Risk Indicators

The analysis of First Bancshares,'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 First Bancshares,'s investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first 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.

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for First Stock Analysis

When running First Bancshares,'s price analysis, check to measure First Bancshares,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancshares, is operating at the current time. Most of First Bancshares,'s value examination focuses on studying past and present price action to predict the probability of First Bancshares,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancshares,'s price. Additionally, you may evaluate how the addition of First Bancshares, to your portfolios can decrease your overall portfolio volatility.