Cielo SA Stock Forecast - Naive Prediction
| CIEL3 Stock | BRL 5.64 0.01 0.18% |
The Naive Prediction forecasted value of Cielo SA on the next trading day is expected to be 5.67 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.84. Cielo Stock Forecast is based on your current time horizon.
Cielo |
Most investors in Cielo SA 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 Cielo SA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Cielo SA's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Cielo SA is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Cielo SA 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. Cielo SA Naive Prediction Price Forecast For the 11th of June 2024
Given 90 days horizon, the Naive Prediction forecasted value of Cielo SA on the next trading day is expected to be 5.67 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.84.Please note that although there have been many attempts to predict Cielo 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 Cielo SA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Cielo SA Stock Forecast Pattern
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Cielo SA Forecasted Value
In the context of forecasting Cielo SA'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. Cielo SA's downside and upside margins for the forecasting period are 5.09 and 6.25, respectively. We have considered Cielo SA'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Cielo SA stock data series using in forecasting. Note that when a statistical model is used to represent Cielo SA 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 | 111.7269 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0302 |
| MAPE | Mean absolute percentage error | 0.0056 |
| SAE | Sum of the absolute errors | 1.8444 |
Predictive Modules for Cielo SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cielo SA. 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 Cielo SA'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 Cielo SA
For every potential investor in Cielo, whether a beginner or expert, Cielo SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cielo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cielo. Basic forecasting techniques help filter out the noise by identifying Cielo SA's price trends.Cielo SA 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 Cielo SA stock to make a market-neutral strategy. Peer analysis of Cielo SA could also be used in its relative valuation, which is a method of valuing Cielo SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cielo SA 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 Cielo SA'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 Cielo SA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cielo SA Market Strength Events
Market strength indicators help investors to evaluate how Cielo SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cielo SA shares will generate the highest return on investment. By undertsting and applying Cielo SA stock market strength indicators, traders can identify Cielo SA entry and exit signals to maximize returns.
Cielo SA Risk Indicators
The analysis of Cielo SA'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 Cielo SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cielo 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 | 0.3896 | |||
| Standard Deviation | 0.57 | |||
| Variance | 0.3249 | |||
| Downside Variance | 0.1836 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.63) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| SGC | Superior Uniform Group | |
| VLN | Valens | |
| GNFT | Genfit |
Additional Tools for Cielo Stock Analysis
When running Cielo SA's price analysis, check to measure Cielo SA'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 Cielo SA is operating at the current time. Most of Cielo SA's value examination focuses on studying past and present price action to predict the probability of Cielo SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cielo SA's price. Additionally, you may evaluate how the addition of Cielo SA to your portfolios can decrease your overall portfolio volatility.