Bank of South OTC Stock Forecast - Double Exponential Smoothing

BKSC Stock  USD 15.74  0.30  1.94%   
The Double Exponential Smoothing forecasted value of Bank of South on the next trading day is expected to be 15.75 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.60. Bank OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bank of South stock prices and determine the direction of Bank of South's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bank of South's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the value of rsi of Bank of South's share price is below 20 suggesting that the otc stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
Bank of South stock price prediction is an act of determining the future value of Bank of South shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Bank of South's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Bank of South and does not consider all of the tangible or intangible factors available from Bank of South's fundamental data. We analyze noise-free headlines and recent hype associated with Bank of South, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether otc price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Bank of South based on different types of headlines from major news networks to social media. Using Bank of South hype-based prediction, you can estimate the value of Bank of South from the perspective of Bank of South response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Bank of South on the next trading day is expected to be 15.75 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.60.

Bank of South after-hype prediction price

    
  USD 15.74  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as otc price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Bank of South to cross-verify your projections.

Bank of South Additional Predictive Modules

Most predictive techniques to examine Bank price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bank using various technical indicators. When you analyze Bank charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Bank of South works best with periods where there are trends or seasonality.

Bank of South Double Exponential Smoothing Price Forecast For the 25th of January

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Bank of South on the next trading day is expected to be 15.75 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.05, and the sum of the absolute errors of 9.60.
Please note that although there have been many attempts to predict Bank OTC 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 Bank of South's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Bank of South OTC Stock Forecast Pattern

Backtest Bank of SouthBank of South Price PredictionBuy or Sell Advice 

Bank of South Forecasted Value

In the context of forecasting Bank of South's OTC 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. Bank of South's downside and upside margins for the forecasting period are 14.39 and 17.11, respectively. We have considered Bank of South'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
15.74
15.75
Expected Value
17.11
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Bank of South otc stock data series using in forecasting. Note that when a statistical model is used to represent Bank of South otc 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 CriteriaHuge
BiasArithmetic mean of the errors 0.0232
MADMean absolute deviation0.16
MAPEMean absolute percentage error0.0101
SAESum of the absolute errors9.6023
When Bank of South prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Bank of South trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Bank of South observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Bank of South

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bank of South. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bank of South's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
14.3915.7417.09
Details
Intrinsic
Valuation
LowRealHigh
14.5715.9217.27
Details
Bollinger
Band Projection (param)
LowMiddleHigh
15.3615.6816.01
Details

Bank of South After-Hype Price Prediction Density Analysis

As far as predicting the price of Bank of South at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Bank of South or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of OTC Stock prices, such as prices of Bank of South, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Bank of South Estimiated After-Hype Price Volatility

In the context of predicting Bank of South's otc stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bank of South's historical news coverage. Bank of South's after-hype downside and upside margins for the prediction period are 14.39 and 17.09, respectively. We have considered Bank of South's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
15.74
15.74
After-hype Price
17.09
Upside
Bank of South is very steady at this time. Analysis and calculation of next after-hype price of Bank of South is based on 3 months time horizon.

Bank of South OTC Stock Price Prediction Analysis

Have you ever been surprised when a price of a OTC Stock such as Bank of South is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bank of South backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the OTC price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Bank of South, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.03 
1.36
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
15.74
15.74
0.00 
0.00  
Notes

Bank of South Hype Timeline

Bank of South is currently traded for 15.74. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Bank is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at 0.03%. %. The volatility of related hype on Bank of South is about 0.0%, with the expected price after the next announcement by competition of 15.74. About 36.0% of the company shares are held by company insiders. The book value of Bank of South was currently reported as 7.67. The company last dividend was issued on the 30th of June 2023. Bank of South had 11:10 split on the 27th of April 2018. Given the investment horizon of 90 days the next projected press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Bank of South to cross-verify your projections.

Bank of South Related Hype Analysis

Having access to credible news sources related to Bank of South's direct competition is more important than ever and may enhance your ability to predict Bank of South's future price movements. Getting to know how Bank of South's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Bank of South may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
FSRLFirst Reliance Bancshares 0.00 0 per month 1.15  0.17  3.74 (2.94) 9.80 
FCOB1st Colonial Bancorp 0.00 0 per month 0.61  0.13  2.17 (1.32) 3.83 
KTHNKatahdin Bankshares Corp 0.00 0 per month 0.77  0.08  2.66 (1.84) 6.45 
PPBNPinnacle Bankshares 0.00 0 per month 0.52  0.15  2.58 (1.07) 9.60 
TRVRTwo Rivers Financial 0.00 0 per month 0.68  0.22  3.27 (1.53) 16.03 
CCNBCoastal Carolina Bancshares 0.00 0 per month 1.09  0.06  2.63 (2.01) 9.02 
BORTBank of Botetourt 0.00 0 per month 0.75  0.1  1.88 (1.84) 12.62 
HARLHarleysville Financial Corp 0.00 0 per month 0.68 (0.02) 1.60 (1.35) 4.28 
BLHKBlueharbor Bank 0.00 0 per month 1.63  0.02  2.66 (2.59) 17.51 
UNIBUniversity Bancorp 0.00 0 per month 0.00  0.26  5.04 (1.03) 15.73 

Other Forecasting Options for Bank of South

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

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

Bank of South Market Strength Events

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

Bank of South Risk Indicators

The analysis of Bank of South'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 Bank of South's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bank otc 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.

Story Coverage note for Bank of South

The number of cover stories for Bank of South depends on current market conditions and Bank of South's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bank of South is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Bank of South's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Bank of South Short Properties

Bank of South's future price predictability will typically decrease when Bank of South's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Bank of South often depends not only on the future outlook of the potential Bank of South's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bank of South's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding5.6 M
Cash And Short Term Investments298.9 M

Other Information on Investing in Bank OTC Stock

Bank of South financial ratios help investors to determine whether Bank OTC 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 Bank with respect to the benefits of owning Bank of South security.