Capstone Green Stock Forecast - Naive Prediction

CGRN Stock  USD 1.98  0.00  0.00%   
Capstone Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Capstone Green historical stock prices and determine the direction of Capstone Green Energy's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Capstone Green historical fundamentals such as revenue growth or operating cash flow patterns. Although Capstone Green naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Capstone Green Energy systematic risk associated with finding meaningful patterns of Capstone Green fundamentals over time.
Continue to Historical Fundamental Analysis of Capstone Green to cross-verify your projections.
  
PPandE Turnover is expected to rise to 5.94 this year. Receivables Turnover is expected to rise to 4.77 this year. Weighted Average Shares is expected to rise to about 14.3 M this year. Weighted Average Shares Diluted is expected to rise to about 14.3 M this year.

Open Interest Agains t 2023-02-17 Capstone Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Capstone Green's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Capstone Green's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Capstone Green stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Capstone Green's open interest, investors have to compare it to Capstone Green's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Capstone Green is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Capstone. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Capstone Green 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 Capstone Green's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Capstone Green's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Capstone Green is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Capstone Green Energy 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.

Capstone Green Naive Prediction Price Forecast For the 28th of January

Given 90 days horizon, the Naive Prediction forecasted value of Capstone Green Energy on the next trading day is expected to be 1.68 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.011219, and the sum of the absolute errors of 5.62.
Please note that although there have been many attempts to predict Capstone 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 Capstone Green's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Capstone Green Stock Forecast Pattern

Backtest Capstone GreenCapstone Green Price PredictionBuy or Sell Advice 

Capstone Green Forecasted Value

In the context of forecasting Capstone Green'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. Capstone Green's downside and upside margins for the forecasting period are 0.0198 and 5.89, respectively. We have considered Capstone Green'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 1.98
0.0198
Downside
1.68
Expected Value
5.89
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 Capstone Green stock data series using in forecasting. Note that when a statistical model is used to represent Capstone Green 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 Criteria115.4583
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0907
MAPEMean absolute percentage error0.0516
SAESum of the absolute errors5.6248
This model is not at all useful as a medium-long range forecasting tool of Capstone Green Energy. 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 Capstone Green. 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 Capstone Green

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Capstone Green Energy. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Capstone Green'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. Please use the tools below to analyze the current value of Capstone Green in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.101.996.20
Details
Intrinsic
Valuation
LowReal ValueHigh
0.514.728.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.491.741.98
Details
3 Analysts
Consensus
LowTarget PriceHigh
10.0013.3316.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Capstone Green. Your research has to be compared to or analyzed against Capstone Green's peers to derive any actionable benefits. When done correctly, Capstone Green's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Capstone Green Energy.

Other Forecasting Options for Capstone Green

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

Capstone Green 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 Capstone Green stock to make a market-neutral strategy. Peer analysis of Capstone Green could also be used in its relative valuation, which is a method of valuing Capstone Green by comparing valuation metrics with similar companies.
Altra HoldingsAmetek IncAmerican SuperconductorSmith AOBarnes GroupBallard Power SystemsBabcock Wilcox EnterBroadwind EnergyCapstone Green EnergyCIRCOR InternationalAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroup
 Risk & Return  Correlation

Capstone Green Energy 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 Capstone Green'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 Capstone Green's current price.

Capstone Green Market Strength Events

Market strength indicators help investors to evaluate how Capstone Green stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Capstone Green shares will generate the highest return on investment. By undertsting and applying Capstone Green stock market strength indicators, traders can identify Capstone Green Energy entry and exit signals to maximize returns.

Capstone Green Risk Indicators

The analysis of Capstone Green's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Capstone Green's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Capstone Green stock price, 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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Capstone Green in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Capstone Green's short interest history, or implied volatility extrapolated from Capstone Green options trading.

Pair Trading with Capstone Green

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Capstone Green position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Capstone Green will appreciate offsetting losses from the drop in the long position's value.

Moving together with Capstone Green

+0.66AMSCAmerican Superconductor Earnings Call This WeekPairCorr
+0.71CSWICSW Industrials Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Capstone Green could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capstone Green when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Capstone Green - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Capstone Green Energy to buy it.
The correlation of Capstone Green is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Capstone Green moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capstone Green Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Capstone Green can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Historical Fundamental Analysis of Capstone Green to cross-verify your projections. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Capstone Green Energy price analysis, check to measure Capstone Green'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 Capstone Green is operating at the current time. Most of Capstone Green's value examination focuses on studying past and present price action to predict the probability of Capstone Green's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Capstone Green's price. Additionally, you may evaluate how the addition of Capstone Green to your portfolios can decrease your overall portfolio volatility.
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Is Capstone Green's industry 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 Capstone Green. If investors know Capstone 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 Capstone Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
36.5 M
Quarterly Revenue Growth
0.208
Return On Assets
(0.07) 
Return On Equity
(1.66) 
The market value of Capstone Green Energy is measured differently than its book value, which is the value of Capstone that is recorded on the company's balance sheet. Investors also form their own opinion of Capstone Green's value that differs from its market value or its book value, called intrinsic value, which is Capstone Green'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 Capstone Green's market value can be influenced by many factors that don't directly affect Capstone Green'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 Capstone Green's value and its price as these two are different measures arrived at by different means. Investors typically determine Capstone Green value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capstone Green'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.