Zions Bancorporation Stock Forward View - Simple Moving Average
| ZION Stock | USD 56.89 -0.31 -0.54% |
Zions Bancorporation's Simple Moving Average reference data reflects the model's output when applied to available daily price observations. This page summarizes the model output and key accuracy metrics for reference. The projected value and error metrics are calculated from available daily price observations. This information is intended as reference material for analytical purposes.
The Simple Moving Average forecasted value of Zions Bancorporation on the next trading day is expected to be 57.05 with a mean absolute deviation of 1.00 and the sum of the absolute errors of 59.15.The simple moving average model is conceptually a linear regression of the current value of Zions Bancorporation price series against current and previous (unobserved) value of Zions Bancorporation. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future The Simple Moving Average reference values for Zions Bancorporation are derived from publicly available price data and should be used for informational purposes only. Simple Moving Average Price Forecast For the 27th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Zions Bancorporation on the next trading day is expected to be 57.05 with a mean absolute deviation of 1.00 , mean absolute percentage error of 1.60 , and the sum of the absolute errors of 59.15 .Please note that although there have been many attempts to predict Zions 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 Zions Bancorporation's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Zions Bancorporation | Zions Bancorporation Price Prediction | Research Analysis |
Forecasted Value
Forecasting Zions Bancorporation for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The projected forecast band currently runs from roughly 55.14 on the downside to about 58.95 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Zions Bancorporation stock data series using in forecasting. Note that when a statistical model is used to represent Zions Bancorporation 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 | 114.9078 |
| Bias | Arithmetic mean of the errors | 0.0338 |
| MAD | Mean absolute deviation | 1.0025 |
| MAPE | Mean absolute percentage error | 0.017 |
| SAE | Sum of the absolute errors | 59.145 |
Other Forecasting Options for Zions Bancorporation
Relative Strength Index values for Zions measure the speed and magnitude of recent price changes. Recognizing these clusters in Zions Bancorporation's returns helps calibrate position size and stop-loss levels. Candlestick pattern analysis of Zions Stock daily data can reveal short-term reversal or continuation signals. Identifying these patterns in Zions Stock data supports better trade timing.Zions Bancorporation Related Equities
These related stocks within the Financials space give benchmarks for judging Zions Bancorporation's results, margins, and growth trend. Market cap and total value checks frame Zions Bancorporation's size within the competitive field.
| Risk & Return | Correlation |
Zions Bancorporation Market Strength Events
Market strength indicators provide a structured view of how Zions Bancorporation stock is positioned relative to trends. These indicators are valuable tools for identifying when to enter or exit positions in Zions Bancorporation. These signals help validate or refine position timing for Zions Bancorporation. Review these indicators alongside Zions Bancorporation's fundamental data for a complete analytical picture.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 56.89 | |||
| Day Typical Price | 56.89 | |||
| Price Action Indicator | -0.16 | |||
| Period Momentum Indicator | -0.31 | |||
| Relative Strength Index | 33.02 |
Zions Bancorporation Risk Indicators
The analysis of Zions Bancorporation's risk metrics is one of the most important steps in projecting its future price. This process quantifies the risk associated with Zions Bancorporation's and helps determine how to manage it. A structured analysis of Zions Bancorporation's risk indicators is one of the most reliable ways to improve forecast accuracy. Investors who carefully evaluate the risks in Zions Bancorporation's are better positioned to make informed decisions.
| Mean Deviation | 1.38 | |||
| Standard Deviation | 1.85 | |||
| Variance | 3.41 |
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 Zions Bancorporation
A coverage review of Zions Bancorporation shows when the security is attracting above-average attention from contributors and market observers. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
Contributor Headline
Latest Perspective From Macroaxis
Zions Bancorporation Short Properties
Short-interest signals around Zions Bancorporation can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. 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 | 147.2 M | |
| Cash And Short Term Investments | 12.2 B |