Webster Financial Stock Forecast - Polynomial Regression
| WBS Stock | USD 45.54 0.66 1.47% |
The Polynomial Regression forecasted value of Webster Financial on the next trading day is expected to be 43.04 with a mean absolute deviation of 0.86 and the sum of the absolute errors of 52.54. Webster Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Webster Financial stock prices and determine the direction of Webster Financial's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Webster Financial's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Webster 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 Webster Financial's systematic risk associated with finding meaningful patterns of Webster Financial fundamentals over time.
Check out Historical Fundamental Analysis of Webster Financial to cross-verify your projections. Webster |
Open Interest Against 2024-05-17 Webster Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Webster Financial's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Webster Financial's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Webster Financial stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Webster Financial's open interest, investors have to compare it to Webster Financial's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Webster Financial is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Webster. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Webster Financial 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 Webster Financial's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Webster Financial's price structures and extracts relationships that further increase the generated results' accuracy.
Webster Financial polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Webster Financial as well as the accuracy indicators are determined from the period prices. Webster Financial Polynomial Regression Price Forecast For the 25th of April
Given 90 days horizon, the Polynomial Regression forecasted value of Webster Financial on the next trading day is expected to be 43.04 with a mean absolute deviation of 0.86, mean absolute percentage error of 1.15, and the sum of the absolute errors of 52.54.Please note that although there have been many attempts to predict Webster 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 Webster Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Webster Financial Stock Forecast Pattern
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Webster Financial Forecasted Value
In the context of forecasting Webster 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. Webster Financial's downside and upside margins for the forecasting period are 41.13 and 44.95, respectively. We have considered Webster 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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Webster Financial stock data series using in forecasting. Note that when a statistical model is used to represent Webster 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 | 118.251 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.8612 |
| MAPE | Mean absolute percentage error | 0.018 |
| SAE | Sum of the absolute errors | 52.5359 |
Predictive Modules for Webster 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 Webster Financial. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Webster Financial'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.
Other Forecasting Options for Webster Financial
For every potential investor in Webster, whether a beginner or expert, Webster Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Webster Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Webster. Basic forecasting techniques help filter out the noise by identifying Webster Financial's price trends.View Webster Financial Related Equities
| Risk & Return | Correlation |
Webster Financial 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 Webster 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 Webster Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Webster Financial Market Strength Events
Market strength indicators help investors to evaluate how Webster 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 Webster Financial shares will generate the highest return on investment. By undertsting and applying Webster Financial stock market strength indicators, traders can identify Webster Financial entry and exit signals to maximize returns.
Webster Financial Risk Indicators
The analysis of Webster 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 Webster Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting webster 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 | 1.42 | |||
| Standard Deviation | 1.93 | |||
| Variance | 3.73 |
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.
Also Currently Popular
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 Webster Financial is a strong investment it is important to analyze Webster Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Webster Financial's future performance. For an informed investment choice regarding Webster Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Webster Financial to cross-verify your projections. For more information on how to buy Webster Stock please use our How to Invest in Webster Financial guide.Note that the Webster Financial information on this page should be used as a complementary analysis to other Webster Financial's 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Webster Stock analysis
When running Webster Financial's price analysis, check to measure Webster Financial'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 Webster Financial is operating at the current time. Most of Webster Financial's value examination focuses on studying past and present price action to predict the probability of Webster Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Webster Financial's price. Additionally, you may evaluate how the addition of Webster Financial to your portfolios can decrease your overall portfolio volatility.
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Is Webster Financial's industry 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 Webster Financial. If investors know Webster 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 Webster 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 (0.24) | Dividend Share 1.6 | Earnings Share 4.91 | Revenue Per Share 14.555 | Quarterly Revenue Growth (0.1) |
The market value of Webster Financial is measured differently than its book value, which is the value of Webster that is recorded on the company's balance sheet. Investors also form their own opinion of Webster Financial's value that differs from its market value or its book value, called intrinsic value, which is Webster 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 Webster Financial's market value can be influenced by many factors that don't directly affect Webster 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 Webster Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Webster Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Webster 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.