Community Bankers Pink Sheet Forward View - Double Exponential Smoothing
| CTYP Stock | USD 7.50 -0.45 -5.66% |
This reference page presents Double Exponential Smoothing forecast data for Community Bankers. The projected values and error metrics are presented below as reference information.
The Double Exponential Smoothing forecasted value of Community Bankers on the next trading day is expected to be 7.50 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.37.When Community Bankers prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Community Bankers trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Community Bankers observations are given relatively more weight in forecasting than the older observations. This Double Exponential Smoothing forecast data for Community Bankers is sourced from the most recent available trading data and is intended solely as reference information. Double Exponential Smoothing Price Forecast For the 26th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Community Bankers on the next trading day is expected to be 7.50 with a mean absolute deviation of 0.04 , mean absolute percentage error of 0.02 , and the sum of the absolute errors of 2.37 .Please note that although there have been many attempts to predict Community Pink Sheet prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Community Bankers' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pink Sheet Forecast Pattern
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Forecasted Value
For the next trading day, Macroaxis evaluates Community Bankers' predictive range by looking for statistically meaningful downside and upside boundaries. The current forecast range spans downside near 5.86 and upside near 9.14.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Community Bankers pink sheet data series using in forecasting. Note that when a statistical model is used to represent Community Bankers pink sheet, 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.0076 |
| MAD | Mean absolute deviation | 0.0402 |
| MAPE | Mean absolute percentage error | 0.0054 |
| SAE | Sum of the absolute errors | 2.37 |
Other Forecasting Options for Community Bankers
Community Bankers' daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in Community often signals an upcoming reversal or acceleration.Community Bankers Related Equities
The stocks listed below are peers of Community Bankers within the Banks—Regional space and offer context for ranking and strength. Profit comparisons show whether Community Bankers earns above or below average returns next to its peers. A stock that beats its peers on many metrics often deserves a closer look from value-focused investors. The data below allows side-by-side review across the most common financial metrics.
| Risk & Return | Correlation |
Community Bankers Market Strength Events
Market strength indicators help investors evaluate how Community Bankers pink sheet reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading Community Bankers.
Community Bankers Risk Indicators
The analysis of Community Bankers' basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding Community Bankers' allows investors to make informed decisions about their exposure.
| Mean Deviation | 0.5306 | |||
| Standard Deviation | 1.57 | |||
| Variance | 2.47 |
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.
Story Coverage note for Community Bankers
The amount of media and story coverage tied to Community Bankers can signal where market attention is concentrating at the moment. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
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