Cenntro Electric Stock Forward View - Simple Exponential Smoothing
| CENN Stock | USD 0.15 0.01 6.25% |
Cenntro Stock outlook is based on your current time horizon.
As of today, the value of RSI of Cenntro Electric's share price is approaching 45 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Cenntro Electric, making its price go up or down. Momentum 45
Impartial
Oversold | Overbought |
Using Cenntro Electric hype-based prediction, you can estimate the value of Cenntro Electric Group from the perspective of Cenntro Electric response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Cenntro Electric Group on the next trading day is expected to be 0.15 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.46. Cenntro Electric after-hype prediction price | USD 0.15 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Cenntro Electric to cross-verify your projections. Cenntro Electric Additional Predictive Modules
Most predictive techniques to examine Cenntro price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cenntro using various technical indicators. When you analyze Cenntro charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cenntro Electric Simple Exponential Smoothing Price Forecast For the 30th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Cenntro Electric Group on the next trading day is expected to be 0.15 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000095, and the sum of the absolute errors of 0.46.Please note that although there have been many attempts to predict Cenntro 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 Cenntro Electric's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Cenntro Electric Stock Forecast Pattern
| Backtest Cenntro Electric | Cenntro Electric Price Prediction | Buy or Sell Advice |
Cenntro Electric Forecasted Value
In the context of forecasting Cenntro Electric'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. Cenntro Electric's downside and upside margins for the forecasting period are 0 and 6.35, respectively. We have considered Cenntro Electric'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Cenntro Electric stock data series using in forecasting. Note that when a statistical model is used to represent Cenntro Electric 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 | 107.0144 |
| Bias | Arithmetic mean of the errors | 0.0013 |
| MAD | Mean absolute deviation | 0.0076 |
| MAPE | Mean absolute percentage error | 0.0472 |
| SAE | Sum of the absolute errors | 0.4561 |
Predictive Modules for Cenntro Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cenntro Electric. 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.Cenntro Electric After-Hype Price Density Analysis
As far as predicting the price of Cenntro Electric at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Cenntro Electric or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Cenntro Electric, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Cenntro Electric Estimiated After-Hype Price Volatility
In the context of predicting Cenntro Electric's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cenntro Electric's historical news coverage. Cenntro Electric's after-hype downside and upside margins for the prediction period are 0.01 and 6.35, respectively. We have considered Cenntro Electric's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Cenntro Electric is out of control at this time. Analysis and calculation of next after-hype price of Cenntro Electric is based on 3 months time horizon.
Cenntro Electric Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Cenntro Electric is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cenntro Electric backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Cenntro Electric, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.36 | 6.20 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.15 | 0.15 | 0.00 |
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Cenntro Electric Hype Timeline
Cenntro Electric is currently traded for 0.15. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Cenntro is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at -0.36%. %. The volatility of related hype on Cenntro Electric is about 0.0%, with the expected price after the next announcement by competition of 0.15. About 22.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.18. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cenntro Electric recorded a loss per share of 0.91. The entity last dividend was issued on the 20th of December 2019. The firm had 1:10 split on the 8th of December 2023. Given the investment horizon of 90 days the next estimated press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Cenntro Electric to cross-verify your projections.Cenntro Electric Related Hype Analysis
Having access to credible news sources related to Cenntro Electric's direct competition is more important than ever and may enhance your ability to predict Cenntro Electric's future price movements. Getting to know how Cenntro Electric's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Cenntro Electric may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FLYE | Fly E Group Common | 0.00 | 0 per month | 9.15 | 0.05 | 15.36 | (18.99) | 284.75 | |
| WKHS | Workhorse Group | 0.00 | 0 per month | 0.00 | (0.15) | 10.78 | (8.50) | 56.82 | |
| LOBO | LOBO EV TECHNOLOGIES | 0.00 | 0 per month | 0.00 | (0.05) | 13.64 | (11.63) | 47.21 | |
| ECDA | ECD Automotive Design | 0.00 | 0 per month | 0.00 | (0.34) | 17.65 | (27.61) | 138.90 | |
| DSS | DSS Inc | 0.00 | 0 per month | 3.38 | (0) | 10.00 | (4.76) | 22.05 | |
| UCAR | U Power Limited | 0.00 | 0 per month | 0.00 | (0.12) | 4.64 | (5.00) | 14.89 | |
| SOND | Sonder Holdings | 0.00 | 0 per month | 26.81 | 0.09 | 84.58 | (69.00) | 1,000.00 | |
| REBN | Reborn Coffee | 0.00 | 0 per month | 4.76 | 0.03 | 11.95 | (9.04) | 27.14 | |
| FGI | FGI Industries | 0.00 | 0 per month | 7.85 | 0.06 | 16.30 | (14.12) | 50.77 | |
| AZI | Autozi Internet Technology | 0.00 | 0 per month | 0.00 | (0.01) | 21.43 | (17.65) | 88.70 |
Other Forecasting Options for Cenntro Electric
For every potential investor in Cenntro, whether a beginner or expert, Cenntro Electric's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cenntro Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cenntro. Basic forecasting techniques help filter out the noise by identifying Cenntro Electric's price trends.Cenntro Electric 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 Cenntro Electric stock to make a market-neutral strategy. Peer analysis of Cenntro Electric could also be used in its relative valuation, which is a method of valuing Cenntro Electric by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cenntro Electric Market Strength Events
Market strength indicators help investors to evaluate how Cenntro Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cenntro Electric shares will generate the highest return on investment. By undertsting and applying Cenntro Electric stock market strength indicators, traders can identify Cenntro Electric Group entry and exit signals to maximize returns.
| Accumulation Distribution | 158744.0 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 0.15 | |||
| Day Typical Price | 0.15 | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 45.13 |
Cenntro Electric Risk Indicators
The analysis of Cenntro Electric'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 Cenntro Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cenntro 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 | 4.57 | |||
| Standard Deviation | 6.2 | |||
| Variance | 38.46 |
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 Cenntro Electric
The number of cover stories for Cenntro Electric depends on current market conditions and Cenntro Electric's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Cenntro Electric is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Cenntro Electric's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Cenntro Electric Short Properties
Cenntro Electric's future price predictability will typically decrease when Cenntro Electric's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Cenntro Electric Group often depends not only on the future outlook of the potential Cenntro Electric's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Cenntro Electric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.8 M | |
| Cash And Short Term Investments | 12.5 M |
Check out Historical Fundamental Analysis of Cenntro Electric to cross-verify your projections. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Will Stock sector continue expanding? Could Cenntro diversify its offerings? Factors like these will boost the valuation of Cenntro Electric. Projected growth potential of Cenntro fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Cenntro Electric data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Understanding Cenntro Electric requires distinguishing between market price and book value, where the latter reflects Cenntro's accounting equity. The concept of intrinsic value—what Cenntro Electric's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Cenntro Electric's price substantially above or below its fundamental value.
It's important to distinguish between Cenntro Electric's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cenntro Electric should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Cenntro Electric's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.