Kidpik Corp Stock Forecast - Polynomial Regression
| PIK Stock | USD 3.48 0.22 6.75% |
The Polynomial Regression forecasted value of Kidpik Corp on the next trading day is expected to be 3.33 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 17.22. Kidpik Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kidpik Corp stock prices and determine the direction of Kidpik Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kidpik Corp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Kidpik Corp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Kidpik Corp's systematic risk associated with finding meaningful patterns of Kidpik Corp fundamentals over time.
Check out Historical Fundamental Analysis of Kidpik Corp to cross-verify your projections. Kidpik |
Most investors in Kidpik Corp 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 Kidpik Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Kidpik Corp's price structures and extracts relationships that further increase the generated results' accuracy.
Kidpik Corp polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Kidpik Corp as well as the accuracy indicators are determined from the period prices. Kidpik Corp Polynomial Regression Price Forecast For the 6th of June
Given 90 days horizon, the Polynomial Regression forecasted value of Kidpik Corp on the next trading day is expected to be 3.33 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.15, and the sum of the absolute errors of 17.22.Please note that although there have been many attempts to predict Kidpik 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 Kidpik Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Kidpik Corp Stock Forecast Pattern
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Kidpik Corp Forecasted Value
In the context of forecasting Kidpik Corp'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. Kidpik Corp's downside and upside margins for the forecasting period are 0.03 and 17.03, respectively. We have considered Kidpik Corp'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Kidpik Corp stock data series using in forecasting. Note that when a statistical model is used to represent Kidpik Corp 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 | 116.2316 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2824 |
| MAPE | Mean absolute percentage error | 0.0736 |
| SAE | Sum of the absolute errors | 17.2235 |
Predictive Modules for Kidpik Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kidpik Corp. 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 Kidpik Corp'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 Kidpik Corp
For every potential investor in Kidpik, whether a beginner or expert, Kidpik Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kidpik Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kidpik. Basic forecasting techniques help filter out the noise by identifying Kidpik Corp's price trends.Kidpik Corp 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 Kidpik Corp stock to make a market-neutral strategy. Peer analysis of Kidpik Corp could also be used in its relative valuation, which is a method of valuing Kidpik Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Kidpik Corp 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 Kidpik Corp'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 Kidpik Corp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Kidpik Corp Market Strength Events
Market strength indicators help investors to evaluate how Kidpik Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kidpik Corp shares will generate the highest return on investment. By undertsting and applying Kidpik Corp stock market strength indicators, traders can identify Kidpik Corp entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.07 | |||
| Day Median Price | 3.48 | |||
| Day Typical Price | 3.48 | |||
| Price Action Indicator | 0.11 | |||
| Period Momentum Indicator | 0.22 |
Kidpik Corp Risk Indicators
The analysis of Kidpik Corp'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 Kidpik Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kidpik 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 | 8.0 | |||
| Semi Deviation | 5.68 | |||
| Standard Deviation | 13.93 | |||
| Variance | 194.17 | |||
| Downside Variance | 42.3 | |||
| Semi Variance | 32.27 | |||
| Expected Short fall | (11.58) |
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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Additional Information and Resources on Investing in Kidpik Stock
When determining whether Kidpik Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kidpik Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kidpik Corp Stock. Highlighted below are key reports to facilitate an investment decision about Kidpik Corp Stock:Check out Historical Fundamental Analysis of Kidpik Corp to cross-verify your projections. For more information on how to buy Kidpik Stock please use our How to buy in Kidpik Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Specialty Retail 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 Kidpik Corp. If investors know Kidpik 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 Kidpik Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.71) | Revenue Per Share 7.203 | Quarterly Revenue Growth (0.44) | Return On Assets (0.41) | Return On Equity (2.92) |
The market value of Kidpik Corp is measured differently than its book value, which is the value of Kidpik that is recorded on the company's balance sheet. Investors also form their own opinion of Kidpik Corp's value that differs from its market value or its book value, called intrinsic value, which is Kidpik Corp'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 Kidpik Corp's market value can be influenced by many factors that don't directly affect Kidpik Corp'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 Kidpik Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kidpik Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kidpik Corp'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.