PNC Financial Stock Forecast - Simple Moving Average
| PNC Stock | USD 156.11 0.19 0.12% |
The Simple Moving Average forecasted value of PNC Financial Services on the next trading day is expected to be 156.11 with a mean absolute deviation of 2.06 and the sum of the absolute errors of 121.45. PNC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PNC Financial stock prices and determine the direction of PNC Financial Services's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PNC Financial's historical fundamentals, such as revenue growth or operating cash flow patterns. Although PNC Financial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of PNC Financial's systematic risk associated with finding meaningful patterns of PNC Financial fundamentals over time.
Check out Historical Fundamental Analysis of PNC Financial to cross-verify your projections. PNC |
Open Interest Against 2024-05-03 PNC Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast PNC Financial'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 PNC Financial's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for PNC Financial 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 PNC Financial's open interest, investors have to compare it to PNC Financial'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 PNC Financial 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 PNC. 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 PNC Financial 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 PNC Financial's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets PNC Financial's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for PNC Financial is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility. PNC Financial Simple Moving Average Price Forecast For the 28th of April
Given 90 days horizon, the Simple Moving Average forecasted value of PNC Financial Services on the next trading day is expected to be 156.11 with a mean absolute deviation of 2.06, mean absolute percentage error of 7.12, and the sum of the absolute errors of 121.45.Please note that although there have been many attempts to predict PNC 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 PNC Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
PNC Financial Stock Forecast Pattern
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PNC Financial Forecasted Value
In the context of forecasting PNC Financial'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. PNC Financial's downside and upside margins for the forecasting period are 154.49 and 157.73, respectively. We have considered PNC Financial'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of PNC Financial stock data series using in forecasting. Note that when a statistical model is used to represent PNC 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 | 116.3971 |
| Bias | Arithmetic mean of the errors | -0.2633 |
| MAD | Mean absolute deviation | 2.0584 |
| MAPE | Mean absolute percentage error | 0.0135 |
| SAE | Sum of the absolute errors | 121.445 |
Predictive Modules for PNC Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PNC Financial Services. 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 PNC Financial'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 PNC Financial
For every potential investor in PNC, whether a beginner or expert, PNC Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PNC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PNC. Basic forecasting techniques help filter out the noise by identifying PNC Financial's price trends.PNC Financial 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 PNC Financial stock to make a market-neutral strategy. Peer analysis of PNC Financial could also be used in its relative valuation, which is a method of valuing PNC Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PNC Financial Services 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 PNC Financial'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 PNC Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
PNC Financial Market Strength Events
Market strength indicators help investors to evaluate how PNC Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PNC Financial shares will generate the highest return on investment. By undertsting and applying PNC Financial stock market strength indicators, traders can identify PNC Financial Services entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0147 | |||
| Daily Balance Of Power | (0.08) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 156.51 | |||
| Day Typical Price | 156.38 | |||
| Market Facilitation Index | 2.31 | |||
| Price Action Indicator | (0.50) | |||
| Period Momentum Indicator | (0.19) |
PNC Financial Risk Indicators
The analysis of PNC Financial'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 PNC Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pnc 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 | 1.19 | |||
| Semi Deviation | 1.55 | |||
| Standard Deviation | 1.59 | |||
| Variance | 2.54 | |||
| Downside Variance | 2.65 | |||
| Semi Variance | 2.39 | |||
| Expected Short fall | (1.24) |
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.
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Check out Historical Fundamental Analysis of PNC Financial to cross-verify your projections. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for PNC Stock analysis
When running PNC Financial's price analysis, check to measure PNC Financial'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 PNC Financial is operating at the current time. Most of PNC Financial's value examination focuses on studying past and present price action to predict the probability of PNC Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PNC Financial's price. Additionally, you may evaluate how the addition of PNC Financial to your portfolios can decrease your overall portfolio volatility.
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Is PNC Financial'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 PNC Financial. If investors know PNC 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 PNC Financial 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 (0.22) | Dividend Share 6.15 | Earnings Share 11.91 | Revenue Per Share 50.83 | Quarterly Revenue Growth (0.07) |
The market value of PNC Financial Services is measured differently than its book value, which is the value of PNC that is recorded on the company's balance sheet. Investors also form their own opinion of PNC Financial's value that differs from its market value or its book value, called intrinsic value, which is PNC Financial'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 PNC Financial's market value can be influenced by many factors that don't directly affect PNC Financial'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 PNC Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if PNC Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PNC Financial'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.