FTC Solar Stock Forecast - Simple Moving Average

FTCI Stock  USD 0.59  0.07  13.46%   
The Simple Moving Average forecasted value of FTC Solar on the next trading day is expected to be 0.59 with a mean absolute deviation of  0.04  and the sum of the absolute errors of 2.15. FTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast FTC Solar stock prices and determine the direction of FTC Solar's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of FTC Solar's historical fundamentals, such as revenue growth or operating cash flow patterns. Although FTC Solar's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of FTC Solar's systematic risk associated with finding meaningful patterns of FTC Solar fundamentals over time.
Check out Historical Fundamental Analysis of FTC Solar to cross-verify your projections.
For more detail on how to invest in FTC Stock please use our How to Invest in FTC Solar guide.
  
The FTC Solar's current Asset Turnover is estimated to increase to 1.60, while Inventory Turnover is projected to decrease to 11.25. . The current Common Stock Shares Outstanding is estimated to decrease to about 96.9 M. The current Net Loss is estimated to decrease to about (94.1 M).

Open Interest Against 2024-04-19 FTC Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast FTC Solar'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 FTC Solar's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for FTC Solar 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 FTC Solar's open interest, investors have to compare it to FTC Solar'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 FTC Solar 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 FTC. 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 FTC Solar 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 FTC Solar's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets FTC Solar's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for FTC Solar is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

FTC Solar Simple Moving Average Price Forecast For the 29th of March

Given 90 days horizon, the Simple Moving Average forecasted value of FTC Solar on the next trading day is expected to be 0.59 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.15.
Please note that although there have been many attempts to predict FTC 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 FTC Solar's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

FTC Solar Stock Forecast Pattern

Backtest FTC SolarFTC Solar Price PredictionBuy or Sell Advice 

FTC Solar Forecasted Value

In the context of forecasting FTC Solar'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. FTC Solar's downside and upside margins for the forecasting period are 0.01 and 8.52, respectively. We have considered FTC Solar'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
0.59
0.59
Expected Value
8.52
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of FTC Solar stock data series using in forecasting. Note that when a statistical model is used to represent FTC Solar 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 Criteria110.1654
BiasArithmetic mean of the errors 0.0027
MADMean absolute deviation0.0358
MAPEMean absolute percentage error0.0664
SAESum of the absolute errors2.15
The simple moving average model is conceptually a linear regression of the current value of FTC Solar price series against current and previous (unobserved) value of FTC Solar. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for FTC Solar

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FTC Solar. 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 FTC Solar'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.
Hype
Prediction
LowEstimatedHigh
0.030.598.52
Details
Intrinsic
Valuation
LowRealHigh
0.071.469.39
Details
7 Analysts
Consensus
LowTargetHigh
3.794.164.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as FTC Solar. Your research has to be compared to or analyzed against FTC Solar's peers to derive any actionable benefits. When done correctly, FTC Solar's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in FTC Solar.

Other Forecasting Options for FTC Solar

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

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

FTC Solar 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 FTC Solar'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 FTC Solar's current price.

FTC Solar Market Strength Events

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

FTC Solar Risk Indicators

The analysis of FTC Solar'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 FTC Solar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ftc 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.
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 FTC Solar 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, FTC Solar's short interest history, or implied volatility extrapolated from FTC Solar options trading.

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When determining whether FTC Solar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FTC Solar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ftc Solar Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ftc Solar Stock:
Check out Historical Fundamental Analysis of FTC Solar to cross-verify your projections.
For more detail on how to invest in FTC Stock please use our How to Invest in FTC Solar guide.
Note that the FTC Solar information on this page should be used as a complementary analysis to other FTC Solar'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for FTC Stock analysis

When running FTC Solar's price analysis, check to measure FTC Solar'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 FTC Solar is operating at the current time. Most of FTC Solar's value examination focuses on studying past and present price action to predict the probability of FTC Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FTC Solar's price. Additionally, you may evaluate how the addition of FTC Solar to your portfolios can decrease your overall portfolio volatility.
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Is FTC Solar'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 FTC Solar. If investors know FTC 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 FTC Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.44)
Revenue Per Share
1.099
Quarterly Revenue Growth
(0.12)
Return On Assets
(0.23)
Return On Equity
(0.77)
The market value of FTC Solar is measured differently than its book value, which is the value of FTC that is recorded on the company's balance sheet. Investors also form their own opinion of FTC Solar's value that differs from its market value or its book value, called intrinsic value, which is FTC Solar'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 FTC Solar's market value can be influenced by many factors that don't directly affect FTC Solar'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 FTC Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if FTC Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FTC Solar'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.