Fisker Stock Forecast - Naive Prediction
| FSR Stock | USD 0.04 0.00 0.00% |
The Naive Prediction forecasted value of Fisker Inc on the next trading day is expected to be 0.03 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.40. Fisker Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fisker stock prices and determine the direction of Fisker Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fisker's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Fisker's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Fisker's systematic risk associated with finding meaningful patterns of Fisker fundamentals over time.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. Fisker |
Most investors in Fisker 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 Fisker's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Fisker's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Fisker is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Fisker Inc 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. Fisker Naive Prediction Price Forecast For the 26th of April
Given 90 days horizon, the Naive Prediction forecasted value of Fisker Inc on the next trading day is expected to be 0.03 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.40.Please note that although there have been many attempts to predict Fisker 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 Fisker's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Fisker Stock Forecast Pattern
| Backtest Fisker | Fisker Price Prediction | Buy or Sell Advice |
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 Fisker stock data series using in forecasting. Note that when a statistical model is used to represent Fisker 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 | 114.1296 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0387 |
| MAPE | Mean absolute percentage error | 9.223372036854776E14 |
| SAE | Sum of the absolute errors | 2.4 |
Predictive Modules for Fisker
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fisker Inc. 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 Fisker'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.
Fisker 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 Fisker stock to make a market-neutral strategy. Peer analysis of Fisker could also be used in its relative valuation, which is a method of valuing Fisker by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fisker Market Strength Events
Market strength indicators help investors to evaluate how Fisker stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fisker shares will generate the highest return on investment. By undertsting and applying Fisker stock market strength indicators, traders can identify Fisker Inc entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0355 | |||
| Day Typical Price | 0.0355 | |||
| Relative Strength Index | 20.62 |
Fisker Risk Indicators
The analysis of Fisker'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 Fisker's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fisker 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 | 8.24 | |||
| Standard Deviation | 13.59 | |||
| Variance | 184.68 |
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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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Fisker Stock analysis
When running Fisker's price analysis, check to measure Fisker'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 Fisker is operating at the current time. Most of Fisker's value examination focuses on studying past and present price action to predict the probability of Fisker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fisker's price. Additionally, you may evaluate how the addition of Fisker to your portfolios can decrease your overall portfolio volatility.
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Is Fisker'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 Fisker. If investors know Fisker 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 Fisker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.22) | Revenue Per Share 0.793 | Quarterly Revenue Growth 652.824 | Return On Assets (0.15) | Return On Equity (2.72) |
The market value of Fisker Inc is measured differently than its book value, which is the value of Fisker that is recorded on the company's balance sheet. Investors also form their own opinion of Fisker's value that differs from its market value or its book value, called intrinsic value, which is Fisker'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 Fisker's market value can be influenced by many factors that don't directly affect Fisker'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 Fisker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fisker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fisker'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.