Cadence Bancorp Stock Forecast - Simple Moving Average

CADE Stock  USD 29.00  0.06  0.21%   
The Simple Moving Average forecasted value of Cadence Bancorp on the next trading day is expected to be 28.97 with a mean absolute deviation of  0.51  and the sum of the absolute errors of 30.32. Cadence Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cadence Bancorp stock prices and determine the direction of Cadence Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Cadence Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Cadence Bancorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Cadence Bancorp's systematic risk associated with finding meaningful patterns of Cadence Bancorp fundamentals over time.
Check out Historical Fundamental Analysis of Cadence Bancorp to cross-verify your projections.
For information on how to trade Cadence Stock refer to our How to Trade Cadence Stock guide.
  
The current year's Asset Turnover is expected to grow to 0.05, whereas Inventory Turnover is forecasted to decline to (0.95). . The current year's Common Stock Shares Outstanding is expected to grow to about 191.7 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 547.9 M.

Open Interest Against 2024-04-19 Cadence Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Cadence Bancorp'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 Cadence Bancorp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Cadence Bancorp 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 Cadence Bancorp's open interest, investors have to compare it to Cadence Bancorp'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 Cadence Bancorp 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 Cadence. 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 Cadence Bancorp 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 Cadence Bancorp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Cadence Bancorp's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for Cadence Bancorp is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Cadence Bancorp Simple Moving Average Price Forecast For the 29th of March

Given 90 days horizon, the Simple Moving Average forecasted value of Cadence Bancorp on the next trading day is expected to be 28.97 with a mean absolute deviation of 0.51, mean absolute percentage error of 0.48, and the sum of the absolute errors of 30.32.
Please note that although there have been many attempts to predict Cadence 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 Cadence Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Cadence Bancorp Stock Forecast Pattern

Backtest Cadence BancorpCadence Bancorp Price PredictionBuy or Sell Advice 

Cadence Bancorp Forecasted Value

In the context of forecasting Cadence Bancorp'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. Cadence Bancorp's downside and upside margins for the forecasting period are 26.79 and 31.15, respectively. We have considered Cadence Bancorp'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
29.00
28.97
Expected Value
31.15
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Cadence Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent Cadence Bancorp 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 Criteria113.6909
BiasArithmetic mean of the errors -0.0144
MADMean absolute deviation0.5139
MAPEMean absolute percentage error0.0187
SAESum of the absolute errors30.32
The simple moving average model is conceptually a linear regression of the current value of Cadence Bancorp price series against current and previous (unobserved) value of Cadence Bancorp. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Cadence Bancorp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cadence Bancorp. 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 Cadence Bancorp'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
26.7428.9431.14
Details
Intrinsic
Valuation
LowRealHigh
22.0724.2731.83
Details
13 Analysts
Consensus
LowTargetHigh
22.6024.8327.56
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.470.550.59
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cadence Bancorp. Your research has to be compared to or analyzed against Cadence Bancorp's peers to derive any actionable benefits. When done correctly, Cadence Bancorp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cadence Bancorp.

Other Forecasting Options for Cadence Bancorp

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

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

Cadence Bancorp 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 Cadence Bancorp'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 Cadence Bancorp's current price.

Cadence Bancorp Market Strength Events

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

Cadence Bancorp Risk Indicators

The analysis of Cadence Bancorp'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 Cadence Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cadence 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.

Pair Trading with Cadence Bancorp

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 Cadence Bancorp 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 Cadence Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cadence Stock

  0.72MBCN Middlefield Banc Fiscal Quarter End 31st of March 2024 PairCorr
  0.65MBWM Mercantile Bank Fiscal Quarter End 31st of March 2024 PairCorr

Moving against Cadence Stock

  0.58VBFC Village Bank AndPairCorr
  0.48KB KB Financial Group Financial Report 20th of May 2024 PairCorr
The ability to find closely correlated positions to Cadence Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cadence Bancorp 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 Cadence Bancorp - 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 Cadence Bancorp to buy it.
The correlation of Cadence Bancorp 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 Cadence Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cadence Bancorp 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 Cadence Bancorp 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.
Pair CorrelationCorrelation Matching
When determining whether Cadence Bancorp is a strong investment it is important to analyze Cadence Bancorp'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 Cadence Bancorp's future performance. For an informed investment choice regarding Cadence Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Cadence Bancorp to cross-verify your projections.
For information on how to trade Cadence Stock refer to our How to Trade Cadence Stock guide.
Note that the Cadence Bancorp information on this page should be used as a complementary analysis to other Cadence Bancorp'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Cadence Stock analysis

When running Cadence Bancorp's price analysis, check to measure Cadence Bancorp'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 Cadence Bancorp is operating at the current time. Most of Cadence Bancorp's value examination focuses on studying past and present price action to predict the probability of Cadence Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Bancorp's price. Additionally, you may evaluate how the addition of Cadence Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Cadence Bancorp'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 Cadence Bancorp. If investors know Cadence 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 Cadence Bancorp 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
1.698
Dividend Share
0.94
Earnings Share
(0.03)
Revenue Per Share
6.325
Quarterly Revenue Growth
(0.10)
The market value of Cadence Bancorp is measured differently than its book value, which is the value of Cadence that is recorded on the company's balance sheet. Investors also form their own opinion of Cadence Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Cadence Bancorp'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 Cadence Bancorp's market value can be influenced by many factors that don't directly affect Cadence Bancorp'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 Cadence Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cadence Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadence Bancorp'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.