Carver Bancorp Stock Forecast - Simple Regression

CARV Stock  USD 1.59  0.02  1.27%   
The Simple Regression forecasted value of Carver Bancorp on the next trading day is expected to be 1.53 with a mean absolute deviation of  0.08  and the sum of the absolute errors of 5.13. Carver Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Carver Bancorp stock prices and determine the direction of Carver Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Carver Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Carver 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 Carver Bancorp's systematic risk associated with finding meaningful patterns of Carver Bancorp fundamentals over time.
Check out Historical Fundamental Analysis of Carver Bancorp to cross-verify your projections.
For more information on how to buy Carver Stock please use our How to Invest in Carver Bancorp guide.
  
Fixed Asset Turnover is likely to climb to 1.94 in 2024, whereas Inventory Turnover is likely to drop 0.02 in 2024. . Common Stock Shares Outstanding is likely to climb to about 5.2 M in 2024, despite the fact that Net Loss is likely to grow to (724.2 K).
Most investors in Carver 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 Carver Bancorp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Carver Bancorp's price structures and extracts relationships that further increase the generated results' accuracy.
Simple Regression model is a single variable regression model that attempts to put a straight line through Carver Bancorp price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Carver Bancorp Simple Regression Price Forecast For the 29th of March

Given 90 days horizon, the Simple Regression forecasted value of Carver Bancorp on the next trading day is expected to be 1.53 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.13.
Please note that although there have been many attempts to predict Carver 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 Carver Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Carver Bancorp Stock Forecast Pattern

Backtest Carver BancorpCarver Bancorp Price PredictionBuy or Sell Advice 

Carver Bancorp Forecasted Value

In the context of forecasting Carver 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. Carver Bancorp's downside and upside margins for the forecasting period are 0.02 and 5.58, respectively. We have considered Carver 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
1.59
1.53
Expected Value
5.58
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Carver Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent Carver 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 Criteria115.7114
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0828
MAPEMean absolute percentage error0.0453
SAESum of the absolute errors5.1335
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Carver Bancorp historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Carver 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 Carver 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 Carver 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
0.081.545.60
Details
Intrinsic
Valuation
LowRealHigh
0.071.465.52
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Carver Bancorp. Your research has to be compared to or analyzed against Carver Bancorp's peers to derive any actionable benefits. When done correctly, Carver 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 Carver Bancorp.

Other Forecasting Options for Carver Bancorp

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

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

Carver 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 Carver 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 Carver Bancorp's current price.

Carver Bancorp Market Strength Events

Market strength indicators help investors to evaluate how Carver 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 Carver Bancorp shares will generate the highest return on investment. By undertsting and applying Carver Bancorp stock market strength indicators, traders can identify Carver Bancorp entry and exit signals to maximize returns.

Carver Bancorp Risk Indicators

The analysis of Carver 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 Carver Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting carver 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.
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 Carver Bancorp 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, Carver Bancorp's short interest history, or implied volatility extrapolated from Carver Bancorp options trading.

Pair Trading with Carver 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 Carver 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 Carver Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Carver Stock

  0.62MBCN Middlefield Banc Fiscal Quarter End 31st of March 2024 PairCorr
  0.71MBWM Mercantile Bank Fiscal Quarter End 31st of March 2024 PairCorr

Moving against Carver Stock

  0.76KB KB Financial Group Financial Report 20th of May 2024 PairCorr
  0.75WF Woori Financial Group Financial Report 21st of May 2024 PairCorr
  0.65NU Nu Holdings Financial Report 20th of May 2024 PairCorr
  0.62MFBP MF BancorpPairCorr
  0.58TECTP Tectonic FinancialPairCorr
The ability to find closely correlated positions to Carver 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 Carver 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 Carver 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 Carver Bancorp to buy it.
The correlation of Carver 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 Carver Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carver 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 Carver 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 Carver Bancorp is a strong investment it is important to analyze Carver 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 Carver Bancorp's future performance. For an informed investment choice regarding Carver Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Carver Bancorp to cross-verify your projections.
For more information on how to buy Carver Stock please use our How to Invest in Carver Bancorp guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Carver Stock analysis

When running Carver Bancorp's price analysis, check to measure Carver 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 Carver Bancorp is operating at the current time. Most of Carver Bancorp's value examination focuses on studying past and present price action to predict the probability of Carver 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 Carver Bancorp's price. Additionally, you may evaluate how the addition of Carver Bancorp to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Commodity Directory
Find actively traded commodities issued by global exchanges
Is Carver 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 Carver Bancorp. If investors know Carver 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 Carver Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.98)
Revenue Per Share
5.926
Quarterly Revenue Growth
0.262
Return On Assets
(0.01)
Return On Equity
(0.10)
The market value of Carver Bancorp is measured differently than its book value, which is the value of Carver that is recorded on the company's balance sheet. Investors also form their own opinion of Carver Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Carver 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 Carver Bancorp's market value can be influenced by many factors that don't directly affect Carver 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 Carver Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carver Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carver 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.