Business First Stock Forecast - Maximum Drawdown
| BFST Stock | USD 20.81 0.64 2.98% |
Business Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Business First stock prices and determine the direction of Business First Bancshares's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Business First's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Business First's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Business First's systematic risk associated with finding meaningful patterns of Business First fundamentals over time.
Check out Historical Fundamental Analysis of Business First to cross-verify your projections. Business |
Most investors in Business First 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 Business First's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Business First's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Business First Volatility | Backtest Business First | Information Ratio |
Business First Trading Date Momentum
| On June 04 2024 Business First Bancshares was traded for 20.81 at the closing time. The top price for the day was 20.81 and the lowest listed price was 20.81 . There was no trading activity during the period 0.0. Lack of trading volume on June 4, 2024 did not affect price variability. The overall trading delta against the current closing price is 3.08% . |
| Compare Business First to competition |
Other Forecasting Options for Business First
For every potential investor in Business, whether a beginner or expert, Business First's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Business Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Business. Basic forecasting techniques help filter out the noise by identifying Business First's price trends.Business First 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 Business First stock to make a market-neutral strategy. Peer analysis of Business First could also be used in its relative valuation, which is a method of valuing Business First by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Business 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 Business First'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 Business First's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Business First Market Strength Events
Market strength indicators help investors to evaluate how Business First stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Business First shares will generate the highest return on investment. By undertsting and applying Business First stock market strength indicators, traders can identify Business First Bancshares entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 20.81 | |||
| Day Typical Price | 20.81 | |||
| Price Action Indicator | (0.32) | |||
| Period Momentum Indicator | (0.64) |
Business First Risk Indicators
The analysis of Business First'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 Business First's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting business 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 | 1.51 | |||
| Semi Deviation | 2.29 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.06 | |||
| Downside Variance | 5.47 | |||
| Semi Variance | 5.25 | |||
| Expected Short fall | (1.36) |
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 Business First
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 Business First 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 Business First will appreciate offsetting losses from the drop in the long position's value.Moving against Business Stock
The ability to find closely correlated positions to Business First could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Business First 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 Business First - 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 Business First Bancshares to buy it.
The correlation of Business First 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 Business First moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Business First Bancshares 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 Business First 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.Additional Tools for Business Stock Analysis
When running Business First's price analysis, check to measure Business First'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 Business First is operating at the current time. Most of Business First's value examination focuses on studying past and present price action to predict the probability of Business First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Business First's price. Additionally, you may evaluate how the addition of Business First to your portfolios can decrease your overall portfolio volatility.