Storage Computer Stock Forecast - Naive Prediction

Storage Stock outlook is based on your current time horizon. Although Storage Computer's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Storage Computer's systematic risk associated with finding meaningful patterns of Storage Computer fundamentals over time.
As of today the relative strength index (rsi) of Storage Computer's share price is below 20 . This usually implies that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Storage Computer's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Storage Computer, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Storage Computer's stock price prediction:
Quarterly Revenue Growth
(0.72)
Using Storage Computer hype-based prediction, you can estimate the value of Storage Computer from the perspective of Storage Computer response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Storage Computer on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00.

Storage Computer after-hype prediction price

    
  USD 0.0  
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 Storage Computer to cross-verify your projections.
To learn how to invest in Storage Stock, please use our How to Invest in Storage Computer guide.

Storage Computer Additional Predictive Modules

Most predictive techniques to examine Storage price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Storage using various technical indicators. When you analyze Storage 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.

Storage Computer Cash Forecast

Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Storage Computer's financial statements to estimate their effects on upcoming price movements.
 
Cash  
First Reported
2010-12-31
Previous Quarter
15.4 K
Current Value
14.7 K
Quarterly Volatility
3.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
A naive forecasting model for Storage Computer is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Storage Computer value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Storage Computer Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of Storage Computer on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Storage 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 Storage Computer's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Storage Computer Stock Forecast Pattern

Backtest Storage Computer  Storage Computer Price Prediction  Buy or Sell Advice  

Storage Computer Forecasted Value

In the context of forecasting Storage Computer'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. Storage Computer's downside and upside margins for the forecasting period are 0.00 and 0.00, respectively. We have considered Storage Computer'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.
Market Value
0.00
0.00
Expected Value
0.00
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Storage Computer stock data series using in forecasting. Note that when a statistical model is used to represent Storage Computer 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.
AICAkaike Information Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of Storage Computer. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Storage Computer. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Storage Computer

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Storage Computer. 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 Storage Computer'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.
Hype
Prediction
LowEstimatedHigh
0.000.000.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.00
Details

Storage Computer Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Storage Computer is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Storage Computer 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 Storage Computer, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
6 Events / Month
1 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.00
0.00
0.00 
0.00  
Notes

Storage Computer Hype Timeline

Storage Computer is at this time traded for 0.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Storage is projected 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 projected to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on Storage Computer is about 0.0%, with the expected price after the next announcement by competition of 0.00. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next projected press release will be in about 6 days.
Check out Historical Fundamental Analysis of Storage Computer to cross-verify your projections.
To learn how to invest in Storage Stock, please use our How to Invest in Storage Computer guide.

Storage Computer Related Hype Analysis

Having access to credible news sources related to Storage Computer's direct competition is more important than ever and may enhance your ability to predict Storage Computer's future price movements. Getting to know how Storage Computer'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 Storage Computer may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CYRDCybeRecord 0.00 1 per month 0.00  0.00  0.00  0.00  0.00 
BVTKBravatek Solutions 0.00 1 per month 0.00  0.00  0.00  0.00  0.00 
HSCOHi Score 0.00 3 per month 0.00  0.00  0.00  0.00  0.00 
ZTNOZoom Technologies 0.00 1 per month 0.00  0.00  0.00  0.00  0.00 
GNRDGeneral Datacomm Industries 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
AGGGAntilia Group Corp 0.00 7 per month 0.00  0.00  0.00  0.00  0.00 
THDS3DShopping 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
NYXONyxio Tech Corp 0.00 1 per month 0.00  0.00  0.00  0.00  0.00 
CUENCuentas 0.00 0 per month 12.32  0.17  140.00 (20.00) 3,440 
LRDGLord Global Corp 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 

Other Forecasting Options for Storage Computer

For every potential investor in Storage, whether a beginner or expert, Storage Computer's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Storage Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Storage. Basic forecasting techniques help filter out the noise by identifying Storage Computer's price trends.

Storage Computer 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 Storage Computer stock to make a market-neutral strategy. Peer analysis of Storage Computer could also be used in its relative valuation, which is a method of valuing Storage Computer by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Story Coverage note for Storage Computer

The number of cover stories for Storage Computer depends on current market conditions and Storage Computer's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Storage Computer 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 Storage Computer's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
When determining whether Storage Computer offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Storage Computer's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Storage Computer Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Storage Computer Stock:
Check out Historical Fundamental Analysis of Storage Computer to cross-verify your projections.
To learn how to invest in Storage Stock, please use our How to Invest in Storage Computer guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Technology Hardware, Storage & Peripherals 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 Storage Computer. If investors know Storage 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 Storage Computer listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.011
Quarterly Revenue Growth
(0.72)
Return On Assets
(0.39)
Return On Equity
(4.06)
The market value of Storage Computer is measured differently than its book value, which is the value of Storage that is recorded on the company's balance sheet. Investors also form their own opinion of Storage Computer's value that differs from its market value or its book value, called intrinsic value, which is Storage Computer'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 Storage Computer's market value can be influenced by many factors that don't directly affect Storage Computer'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 Storage Computer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Storage Computer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Storage Computer'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.