Coca Cola Stock Forecast - Naive Prediction

COKE Stock  USD 1,309  4.72  0.36%   
The Naive Prediction forecasted value of Coca Cola Consolidated on the next trading day is expected to be 1,326 with a mean absolute deviation of 19.48 and the sum of the absolute errors of 1,188. Coca Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Coca Cola stock prices and determine the direction of Coca Cola Consolidated's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Coca Cola's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Receivables Turnover is expected to grow to 16.59, whereas Inventory Turnover is forecasted to decline to 10.49. . The current year's Common Stock Shares Outstanding is expected to grow to about 10 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 519.4 M.

Coca Cola Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Coca Cola's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
1985-12-31
Previous Quarter
1.7 B
Current Value
1.2 B
Quarterly Volatility
192.6 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Coca Cola is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Coca Cola Consolidated 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.

Coca Cola Naive Prediction Price Forecast For the 4th of December

Given 90 days horizon, the Naive Prediction forecasted value of Coca Cola Consolidated on the next trading day is expected to be 1,326 with a mean absolute deviation of 19.48, mean absolute percentage error of 610.08, and the sum of the absolute errors of 1,188.
Please note that although there have been many attempts to predict Coca 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 Coca Cola's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Coca Cola Stock Forecast Pattern

Backtest Coca ColaCoca Cola Price PredictionBuy or Sell Advice 

Coca Cola Forecasted Value

In the context of forecasting Coca Cola'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. Coca Cola's downside and upside margins for the forecasting period are 1,324 and 1,327, respectively. We have considered Coca Cola'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
1,309
1,326
Expected Value
1,327
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 Coca Cola stock data series using in forecasting. Note that when a statistical model is used to represent Coca Cola 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 Criteria124.5241
BiasArithmetic mean of the errors None
MADMean absolute deviation19.481
MAPEMean absolute percentage error0.0156
SAESum of the absolute errors1188.3382
This model is not at all useful as a medium-long range forecasting tool of Coca Cola Consolidated. 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 Coca Cola. 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 Coca Cola

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Coca Cola Consolidated. 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.
Hype
Prediction
LowEstimatedHigh
1,3071,3091,310
Details
Intrinsic
Valuation
LowRealHigh
652.79654.511,440
Details
Bollinger
Band Projection (param)
LowMiddleHigh
1,2051,2591,313
Details
0 Analysts
Consensus
LowTargetHigh
131.04144.00159.84
Details

Other Forecasting Options for Coca Cola

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

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

Coca Cola Consolidated 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 Coca Cola'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 Coca Cola's current price.

Coca Cola Market Strength Events

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

Coca Cola Risk Indicators

The analysis of Coca Cola'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 Coca Cola's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting coca 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.
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.
When determining whether Coca Cola Consolidated is a strong investment it is important to analyze Coca Cola's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Coca Cola's future performance. For an informed investment choice regarding Coca Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Coca Cola to cross-verify your projections.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Soft Drinks & Non-alcoholic Beverages 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 Coca Cola. If investors know Coca 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 Coca Cola 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
0.345
Dividend Share
2
Earnings Share
57.63
Revenue Per Share
737.17
Quarterly Revenue Growth
0.031
The market value of Coca Cola Consolidated is measured differently than its book value, which is the value of Coca that is recorded on the company's balance sheet. Investors also form their own opinion of Coca Cola's value that differs from its market value or its book value, called intrinsic value, which is Coca Cola'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 Coca Cola's market value can be influenced by many factors that don't directly affect Coca Cola'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 Coca Cola's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coca Cola is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coca Cola'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.