Esquire Financial Stock Forward View - Simple Regression
| ESQ Stock | USD 106.85 -1.43 -1.32% |
The Simple Regression forecast shown here for Esquire Financial is reference data produced from its historical price series. The projected value and error measures below serve as reference information.
The Simple Regression forecasted value of Esquire Financial Holdings on the next trading day is expected to be 106.02 with a mean absolute deviation of 3.14 and the sum of the absolute errors of 194.48.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 Esquire Financial Holdings historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. This Simple Regression reference page for Esquire Financial presents model-generated projections from historical price data for informational purposes. Simple Regression Price Forecast For the 27th of March
Given 90 days horizon, the Simple Regression forecasted value of Esquire Financial Holdings on the next trading day is expected to be 106.02 with a mean absolute deviation of 3.14 , mean absolute percentage error of 16.27 , and the sum of the absolute errors of 194.48 .Please note that although there have been many attempts to predict Esquire Stock 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 Esquire Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Esquire Financial | Esquire Financial Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Esquire Financial Holdings focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 103.60 and upside near 108.44.
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 Esquire Financial stock data series using in forecasting. Note that when a statistical model is used to represent Esquire Financial 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 | 122.7379 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 3.1367 |
| MAPE | Mean absolute percentage error | 0.0294 |
| SAE | Sum of the absolute errors | 194.4762 |
Other Forecasting Options for Esquire Financial
The distribution of Esquire Financial's daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This can reveal hidden support and resistance zones in Esquire Financial's chart that simple price charts miss.Esquire Financial Related Equities
Esquire Financial's market space within the Financials space is best grasped by looking at the firms listed below. Market cap and total value checks frame Esquire Financial's size within the competitive field.
| Risk & Return | Correlation |
Esquire Financial Market Strength Events
Market strength indicators for Esquire Financial give insight into the stock's responsiveness to broader forces. These indicators are useful for traders seeking optimal timing for positions in Esquire Financial Holdings.
| Accumulation Distribution | 5277.41 | |||
| Daily Balance Of Power | -0.41 | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 108.37 | |||
| Day Typical Price | 107.86 | |||
| Price Action Indicator | -2.23 | |||
| Period Momentum Indicator | -1.43 |
Esquire Financial Risk Indicators
A thorough review of Esquire Financial's risk indicators is an important first step in forecasting its price. Quantifying the risk involved in Esquire Financial's allows investors to make better decisions about entry, sizing, and hedging.
| Mean Deviation | 1.84 | |||
| Semi Deviation | 2.07 | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.49 | |||
| Downside Variance | 4.4 | |||
| Semi Variance | 4.27 | |||
| Expected Short fall | -2.03 |
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 Esquire Financial
Story coverage around Esquire Financial Holdings often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
Contributor Headline
Latest Perspective From Macroaxis
Esquire Financial Short Properties
Reviewing short-oriented indicators for Esquire Financial Holdings is useful because long and short participants often create very different signals for timing and volatility. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 8.7 M | |
| Cash And Short Term Investments | 482.4 M |
Additional Tools for Esquire Stock Analysis
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Global Correlations Find global opportunities by holding instruments from different markets |