Cheetah Mobile Stock Forecast - Semi Deviation
| CMCM Stock | USD 3.73 0.19 5.37% |
Cheetah Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cheetah Mobile stock prices and determine the direction of Cheetah Mobile's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Cheetah Mobile's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Cheetah Mobile's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Cheetah Mobile's systematic risk associated with finding meaningful patterns of Cheetah Mobile fundamentals over time.
Check out Historical Fundamental Analysis of Cheetah Mobile to cross-verify your projections. Cheetah |
Open Interest Against 2024-05-17 Cheetah Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Cheetah Mobile'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 in Cheetah Mobile's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Cheetah Mobile stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Cheetah Mobile's open interest, investors have to compare it to Cheetah Mobile'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 Cheetah Mobile 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 Cheetah. 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 Cheetah Mobile 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 Cheetah Mobile's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Cheetah Mobile's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Cheetah Mobile Volatility | Backtest Cheetah Mobile | Information Ratio |
Cheetah Mobile Trading Date Momentum
| On April 22 2024 Cheetah Mobile was traded for 3.73 at the closing time. The top price for the day was 3.88 and the lowest listed price was 3.57 . The trading volume for the day was 29.1 K. The trading history from April 22, 2024 did not affect price variability. The overall trading delta against the current closing price is 4.29% . |
| Compare Cheetah Mobile to competition |
Other Forecasting Options for Cheetah Mobile
For every potential investor in Cheetah, whether a beginner or expert, Cheetah Mobile's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cheetah Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cheetah. Basic forecasting techniques help filter out the noise by identifying Cheetah Mobile's price trends.Cheetah Mobile 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 Cheetah Mobile stock to make a market-neutral strategy. Peer analysis of Cheetah Mobile could also be used in its relative valuation, which is a method of valuing Cheetah Mobile by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cheetah Mobile 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 Cheetah Mobile'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 Cheetah Mobile's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cheetah Mobile Market Strength Events
Market strength indicators help investors to evaluate how Cheetah Mobile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cheetah Mobile shares will generate the highest return on investment. By undertsting and applying Cheetah Mobile stock market strength indicators, traders can identify Cheetah Mobile entry and exit signals to maximize returns.
| Accumulation Distribution | 2326.44 | |||
| Daily Balance Of Power | 0.6129 | |||
| Rate Of Daily Change | 1.05 | |||
| Day Median Price | 3.72 | |||
| Day Typical Price | 3.73 | |||
| Price Action Indicator | 0.1 | |||
| Period Momentum Indicator | 0.19 |
Cheetah Mobile Risk Indicators
The analysis of Cheetah Mobile'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 Cheetah Mobile's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cheetah 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 | 3.89 | |||
| Semi Deviation | 5.14 | |||
| Standard Deviation | 5.87 | |||
| Variance | 34.44 | |||
| Downside Variance | 42.16 | |||
| Semi Variance | 26.43 | |||
| Expected Short fall | (4.53) |
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.
Pair Trading with Cheetah Mobile
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 Cheetah Mobile 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 Cheetah Mobile will appreciate offsetting losses from the drop in the long position's value.Moving against Cheetah Stock
| 0.79 | Z | Zillow Group Class Financial Report 1st of May 2024 | PairCorr |
| 0.71 | CCG | Cheche Group Report 25th of September 2024 | PairCorr |
| 0.66 | GENI | Genius Sports Financial Report 14th of May 2024 | PairCorr |
| 0.57 | ZH | Zhihu Inc ADR | PairCorr |
| 0.56 | GETY | Getty Images Holdings Financial Report 9th of May 2024 | PairCorr |
The ability to find closely correlated positions to Cheetah Mobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cheetah Mobile 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 Cheetah Mobile - 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 Cheetah Mobile to buy it.
The correlation of Cheetah Mobile is a statistical measure of how it moves in relation to other instruments. 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 Cheetah Mobile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cheetah Mobile 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 Cheetah Mobile 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.Check out Historical Fundamental Analysis of Cheetah Mobile to cross-verify your projections. To learn how to invest in Cheetah Stock, please use our How to Invest in Cheetah Mobile guide.Note that the Cheetah Mobile information on this page should be used as a complementary analysis to other Cheetah Mobile's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the 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.
Complementary Tools for Cheetah Stock analysis
When running Cheetah Mobile's price analysis, check to measure Cheetah Mobile'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 Cheetah Mobile is operating at the current time. Most of Cheetah Mobile's value examination focuses on studying past and present price action to predict the probability of Cheetah Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheetah Mobile's price. Additionally, you may evaluate how the addition of Cheetah Mobile to your portfolios can decrease your overall portfolio volatility.
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Is Cheetah Mobile'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 Cheetah Mobile. If investors know Cheetah 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 Cheetah Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share (2.83) | Revenue Per Share 22.732 | Quarterly Revenue Growth (0.37) | Return On Assets (0.02) |
The market value of Cheetah Mobile is measured differently than its book value, which is the value of Cheetah that is recorded on the company's balance sheet. Investors also form their own opinion of Cheetah Mobile's value that differs from its market value or its book value, called intrinsic value, which is Cheetah Mobile'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 Cheetah Mobile's market value can be influenced by many factors that don't directly affect Cheetah Mobile'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 Cheetah Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cheetah Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cheetah Mobile'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.