FNB Corp Stock Forecast - Polynomial Regression
| FNB Stock | USD 13.63 0.29 2.17% |
The Polynomial Regression forecasted value of FNB Corp on the next trading day is expected to be 12.87 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 14.04. FNB Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast FNB Corp stock prices and determine the direction of FNB Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of FNB Corp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although FNB Corp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of FNB Corp's systematic risk associated with finding meaningful patterns of FNB Corp fundamentals over time.
Check out Historical Fundamental Analysis of FNB Corp to cross-verify your projections. FNB |
Open Interest Against 2024-05-17 FNB Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast FNB Corp'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 FNB Corp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for FNB Corp 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 FNB Corp's open interest, investors have to compare it to FNB Corp'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 FNB Corp 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 FNB. 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 FNB Corp 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 FNB Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets FNB Corp's price structures and extracts relationships that further increase the generated results' accuracy.
FNB Corp polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for FNB Corp as well as the accuracy indicators are determined from the period prices. FNB Corp Polynomial Regression Price Forecast For the 25th of April
Given 90 days horizon, the Polynomial Regression forecasted value of FNB Corp on the next trading day is expected to be 12.87 with a mean absolute deviation of 0.23, mean absolute percentage error of 0.08, and the sum of the absolute errors of 14.04.Please note that although there have been many attempts to predict FNB 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 FNB Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
FNB Corp Stock Forecast Pattern
| Backtest FNB Corp | FNB Corp Price Prediction | Buy or Sell Advice |
FNB Corp Forecasted Value
In the context of forecasting FNB Corp'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. FNB Corp's downside and upside margins for the forecasting period are 11.32 and 14.42, respectively. We have considered FNB Corp'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 FNB Corp stock data series using in forecasting. Note that when a statistical model is used to represent FNB Corp 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 | 117.4426 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2264 |
| MAPE | Mean absolute percentage error | 0.017 |
| SAE | Sum of the absolute errors | 14.0364 |
Predictive Modules for FNB Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FNB Corp. 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 FNB Corp'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 FNB Corp
For every potential investor in FNB, whether a beginner or expert, FNB Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FNB Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FNB. Basic forecasting techniques help filter out the noise by identifying FNB Corp's price trends.FNB Corp 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 FNB Corp stock to make a market-neutral strategy. Peer analysis of FNB Corp could also be used in its relative valuation, which is a method of valuing FNB Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
FNB Corp 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 FNB Corp'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 FNB Corp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
FNB Corp Market Strength Events
Market strength indicators help investors to evaluate how FNB Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FNB Corp shares will generate the highest return on investment. By undertsting and applying FNB Corp stock market strength indicators, traders can identify FNB Corp entry and exit signals to maximize returns.
FNB Corp Risk Indicators
The analysis of FNB Corp'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 FNB Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fnb 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 | 1.11 | |||
| Semi Deviation | 1.62 | |||
| Standard Deviation | 1.53 | |||
| Variance | 2.35 | |||
| Downside Variance | 2.78 | |||
| Semi Variance | 2.63 | |||
| Expected Short fall | (1.11) |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of FNB Corp to cross-verify your projections. For information on how to trade FNB Stock refer to our How to Trade FNB Stock guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for FNB Stock analysis
When running FNB Corp's price analysis, check to measure FNB Corp'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 FNB Corp is operating at the current time. Most of FNB Corp's value examination focuses on studying past and present price action to predict the probability of FNB Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FNB Corp's price. Additionally, you may evaluate how the addition of FNB Corp to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Stocks Directory Find actively traded stocks across global markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is FNB Corp'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 FNB Corp. If investors know FNB 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 FNB Corp 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 (0.20) | Dividend Share 0.48 | Earnings Share 1.31 | Revenue Per Share 4.124 | Quarterly Revenue Growth (0.02) |
The market value of FNB Corp is measured differently than its book value, which is the value of FNB that is recorded on the company's balance sheet. Investors also form their own opinion of FNB Corp's value that differs from its market value or its book value, called intrinsic value, which is FNB Corp'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 FNB Corp's market value can be influenced by many factors that don't directly affect FNB Corp'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 FNB Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FNB Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FNB Corp'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.