Benchmark Bankshares Pink Sheet Forecast - 20 Period Moving Average
| BMBN Stock | USD 22.02 0.02 0.09% |
The 20 Period Moving Average forecasted value of Benchmark Bankshares on the next trading day is expected to be 21.97 with a mean absolute deviation of 0.24 and the sum of the absolute errors of 9.70. Benchmark Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Benchmark Bankshares stock prices and determine the direction of Benchmark Bankshares's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Benchmark Bankshares' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Benchmark Bankshares to cross-verify your projections. Benchmark |
Most investors in Benchmark Bankshares cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Benchmark Bankshares' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Benchmark Bankshares' price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for Benchmark Bankshares is based on a synthetically constructed Benchmark Banksharesdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time. Benchmark Bankshares 20 Period Moving Average Price Forecast For the 1st of May
Given 90 days horizon, the 20 Period Moving Average forecasted value of Benchmark Bankshares on the next trading day is expected to be 21.97 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.13, and the sum of the absolute errors of 9.70.Please note that although there have been many attempts to predict Benchmark 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 Benchmark Bankshares' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Benchmark Bankshares Pink Sheet Forecast Pattern
| Backtest Benchmark Bankshares | Benchmark Bankshares Price Prediction | Buy or Sell Advice |
Benchmark Bankshares Forecasted Value
In the context of forecasting Benchmark Bankshares' 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. Benchmark Bankshares' downside and upside margins for the forecasting period are 20.76 and 23.19, respectively. We have considered Benchmark Bankshares' 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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Benchmark Bankshares pink sheet data series using in forecasting. Note that when a statistical model is used to represent Benchmark Bankshares 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 | 79.3222 |
| Bias | Arithmetic mean of the errors | 0.1972 |
| MAD | Mean absolute deviation | 0.2365 |
| MAPE | Mean absolute percentage error | 0.0108 |
| SAE | Sum of the absolute errors | 9.697 |
Predictive Modules for Benchmark Bankshares
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Benchmark Bankshares. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Benchmark Bankshares' 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.
Other Forecasting Options for Benchmark Bankshares
For every potential investor in Benchmark, whether a beginner or expert, Benchmark Bankshares' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Benchmark Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Benchmark. Basic forecasting techniques help filter out the noise by identifying Benchmark Bankshares' price trends.Benchmark Bankshares 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 Benchmark Bankshares pink sheet to make a market-neutral strategy. Peer analysis of Benchmark Bankshares could also be used in its relative valuation, which is a method of valuing Benchmark Bankshares by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Benchmark Bankshares Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Benchmark Bankshares' 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 Benchmark Bankshares' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Benchmark Bankshares Market Strength Events
Market strength indicators help investors to evaluate how Benchmark Bankshares pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Benchmark Bankshares shares will generate the highest return on investment. By undertsting and applying Benchmark Bankshares pink sheet market strength indicators, traders can identify Benchmark Bankshares entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 22.02 | |||
| Day Typical Price | 22.02 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 44.44 |
Benchmark Bankshares Risk Indicators
The analysis of Benchmark Bankshares' 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 Benchmark Bankshares' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting benchmark pink sheet 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 | 0.649 | |||
| Standard Deviation | 1.18 | |||
| Variance | 1.39 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Benchmark Bankshares in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Benchmark Bankshares' short interest history, or implied volatility extrapolated from Benchmark Bankshares options trading.
Pair Trading with Benchmark Bankshares
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 Benchmark Bankshares 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 Benchmark Bankshares will appreciate offsetting losses from the drop in the long position's value.Moving together with Benchmark Pink Sheet
| 0.71 | VFS | VinFast Auto Buyout Trend | PairCorr |
| 0.71 | TLK | Telkom Indonesia Tbk Earnings Call This Week | PairCorr |
Moving against Benchmark Pink Sheet
| 0.86 | GE | GE Aerospace Earnings Call This Week | PairCorr |
| 0.84 | DIS | Walt Disney Earnings Call This Week | PairCorr |
| 0.82 | DD | Dupont De Nemours Report 7th of May 2024 | PairCorr |
| 0.8 | AXP | American Express Earnings Call This Week | PairCorr |
| 0.77 | CVX | Chevron Corp Financial Report 26th of July 2024 | PairCorr |
The ability to find closely correlated positions to Benchmark Bankshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Benchmark Bankshares 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 Benchmark Bankshares - 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 Benchmark Bankshares to buy it.
The correlation of Benchmark Bankshares 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 Benchmark Bankshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Benchmark Bankshares 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 Benchmark Bankshares 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 Benchmark Bankshares to cross-verify your projections. Note that the Benchmark Bankshares information on this page should be used as a complementary analysis to other Benchmark Bankshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Benchmark Pink Sheet analysis
When running Benchmark Bankshares' price analysis, check to measure Benchmark Bankshares' 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 Benchmark Bankshares is operating at the current time. Most of Benchmark Bankshares' value examination focuses on studying past and present price action to predict the probability of Benchmark Bankshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Benchmark Bankshares' price. Additionally, you may evaluate how the addition of Benchmark Bankshares to your portfolios can decrease your overall portfolio volatility.
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