Scage Future Stock Forecast - Triple Exponential Smoothing
| SCAG Stock | 1.84 0.13 7.60% |
The Triple Exponential Smoothing forecasted value of Scage Future American on the next trading day is expected to be 1.86 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.52. Scage Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Scage Future's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time, Scage Future's Fixed Asset Turnover is most likely to increase slightly in the upcoming years. The Scage Future's current Asset Turnover is estimated to increase to 0.55, while Receivables Turnover is projected to decrease to 1.35. . The current Common Stock Shares Outstanding is estimated to decrease to about 6.9 M. Scage Future Triple Exponential Smoothing Price Forecast For the 29th of November
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Scage Future American on the next trading day is expected to be 1.86 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.04, and the sum of the absolute errors of 8.52.Please note that although there have been many attempts to predict Scage 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 Scage Future's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Scage Future Stock Forecast Pattern
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Scage Future Forecasted Value
In the context of forecasting Scage Future'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. Scage Future's downside and upside margins for the forecasting period are 0.02 and 10.13, respectively. We have considered Scage Future'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Scage Future stock data series using in forecasting. Note that when a statistical model is used to represent Scage Future 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.0274 |
| MAD | Mean absolute deviation | 0.1443 |
| MAPE | Mean absolute percentage error | 0.0605 |
| SAE | Sum of the absolute errors | 8.5152 |
Predictive Modules for Scage Future
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Scage Future American. 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.Other Forecasting Options for Scage Future
For every potential investor in Scage, whether a beginner or expert, Scage Future's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Scage Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Scage. Basic forecasting techniques help filter out the noise by identifying Scage Future's price trends.Scage Future 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 Scage Future stock to make a market-neutral strategy. Peer analysis of Scage Future could also be used in its relative valuation, which is a method of valuing Scage Future by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Scage Future American 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 Scage Future'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 Scage Future's current price.| Cycle Indicators | ||
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Scage Future Market Strength Events
Market strength indicators help investors to evaluate how Scage Future stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scage Future shares will generate the highest return on investment. By undertsting and applying Scage Future stock market strength indicators, traders can identify Scage Future American entry and exit signals to maximize returns.
Scage Future Risk Indicators
The analysis of Scage Future'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 Scage Future's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting scage 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 | 5.3 | |||
| Standard Deviation | 8.15 | |||
| Variance | 66.5 |
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.
Currently Active Assets on Macroaxis
When determining whether Scage Future American is a strong investment it is important to analyze Scage Future's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scage Future's future performance. For an informed investment choice regarding Scage Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Scage Future to cross-verify your projections. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Farm & Heavy Construction Machinery space 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 Scage Future. If investors know Scage 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 Scage Future listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.12) | Revenue Per Share | Quarterly Revenue Growth 1.201 | Return On Assets | Return On Equity |
The market value of Scage Future American is measured differently than its book value, which is the value of Scage that is recorded on the company's balance sheet. Investors also form their own opinion of Scage Future's value that differs from its market value or its book value, called intrinsic value, which is Scage Future'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 Scage Future's market value can be influenced by many factors that don't directly affect Scage Future'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 Scage Future's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scage Future is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scage Future'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.