Pioneer Bancorp Stock Forward View - Polynomial Regression
| PBFS Stock | USD 13.67 0.13 0.96% |
This page provides Polynomial Regression reference data for Pioneer Bancorp, calculated from historical daily prices. The forecast output and associated deviation metrics are shown for informational use.
The Polynomial Regression forecasted value of Pioneer Bancorp on the next trading day is expected to be 12.93 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.98.A single variable polynomial regression model attempts to put a curve through the Pioneer Bancorp historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm Pioneer Bancorp's Polynomial Regression reference data is provided for informational and analytical purposes and does not constitute a trading recommendation. Polynomial Regression Price Forecast For the 19th of March
Given 90 days horizon, the Polynomial Regression forecasted value of Pioneer Bancorp on the next trading day is expected to be 12.93 with a mean absolute deviation of 0.19 , mean absolute percentage error of 0.07 , and the sum of the absolute errors of 11.98 .Please note that although there have been many attempts to predict Pioneer 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 Pioneer Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Pioneer Bancorp | Pioneer Bancorp Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Pioneer Bancorp uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The current forecast range spans downside near 11.30 and upside near 14.56.
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 Pioneer Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent Pioneer 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.| AIC | Akaike Information Criteria | 117.2333 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1932 |
| MAPE | Mean absolute percentage error | 0.0137 |
| SAE | Sum of the absolute errors | 11.9802 |
Other Forecasting Options for Pioneer Bancorp
The price movement of Pioneer is a central concern for all potential investors, regardless of their level of expertise. Pioneer Stock price charts can be difficult to interpret due to the noise present in the data.Pioneer Bancorp Related Equities
The following equities are related to Pioneer Bancorp within the Financials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Pioneer Bancorp against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Pioneer Bancorp Market Strength Events
Market strength indicators applied to Pioneer Bancorp stock help investors assess the relative momentum and resilience of the security in different market environments. By using these indicators, traders can make more informed decisions about when to buy or sell Pioneer Bancorp.
Pioneer Bancorp Risk Indicators
Risk indicator analysis for Pioneer Bancorp is essential for accurately projecting its future price trajectory. By identifying the level of risk embedded in Pioneer Bancorp's investment, investors can make informed decisions about position sizing and risk mitigation.
| Mean Deviation | 1.28 | |||
| Standard Deviation | 1.67 | |||
| Variance | 2.8 |
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 Pioneer Bancorp
The amount of media and story coverage tied to Pioneer Bancorp can signal where market attention is concentrating at the moment. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
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Pioneer Bancorp Short Properties
Reviewing short-oriented indicators for Pioneer Bancorp 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 | 25.1 M | |
| Cash And Short Term Investments | 407.6 M |
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