Singularity Future Stock Forecast - Naive Prediction
| SGLY Stock | USD 4.70 0.07 1.47% |
The Naive Prediction forecasted value of Singularity Future Technology on the next trading day is expected to be 5.25 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.40. Singularity Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Singularity Future stock prices and determine the direction of Singularity Future Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Singularity Future's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Singularity Future's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Singularity Future's systematic risk associated with finding meaningful patterns of Singularity Future fundamentals over time.
Check out Historical Fundamental Analysis of Singularity Future to cross-verify your projections. Singularity |
Open Interest Against 2024-07-19 Singularity Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Singularity Future'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 Singularity Future's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Singularity Future stock based on available contracts left at the end of a trading day.
No Open InterestPlease note that to derive more accurate forecasting about market movement from the current Singularity Future's open interest, investors have to compare it to Singularity Future'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 Singularity Future 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 Singularity. 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 Singularity Future 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 Singularity Future's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Singularity Future's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Singularity Future is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Singularity Future Technology 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. Singularity Future Naive Prediction Price Forecast For the 24th of April
Given 90 days horizon, the Naive Prediction forecasted value of Singularity Future Technology on the next trading day is expected to be 5.25 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.07, and the sum of the absolute errors of 13.40.Please note that although there have been many attempts to predict Singularity 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 Singularity Future's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Singularity Future Stock Forecast Pattern
| Backtest Singularity Future | Singularity Future Price Prediction | Buy or Sell Advice |
Singularity Future Forecasted Value
In the context of forecasting Singularity Future'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. Singularity Future's downside and upside margins for the forecasting period are 0.05 and 13.06, respectively. We have considered Singularity Future'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.
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 Singularity Future stock data series using in forecasting. Note that when a statistical model is used to represent Singularity Future 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 | 117.3097 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2161 |
| MAPE | Mean absolute percentage error | 0.0605 |
| SAE | Sum of the absolute errors | 13.4009 |
Predictive Modules for Singularity Future
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Singularity Future. 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 Singularity Future'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.
Other Forecasting Options for Singularity Future
For every potential investor in Singularity, whether a beginner or expert, Singularity Future's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Singularity Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Singularity. Basic forecasting techniques help filter out the noise by identifying Singularity Future's price trends.Singularity Future 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 Singularity Future stock to make a market-neutral strategy. Peer analysis of Singularity Future could also be used in its relative valuation, which is a method of valuing Singularity Future by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Singularity Future 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 Singularity Future'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 Singularity Future's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Singularity Future Market Strength Events
Market strength indicators help investors to evaluate how Singularity Future stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Singularity Future shares will generate the highest return on investment. By undertsting and applying Singularity Future stock market strength indicators, traders can identify Singularity Future Technology entry and exit signals to maximize returns.
| Accumulation Distribution | 148.88 | |||
| Daily Balance Of Power | (0.44) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 4.67 | |||
| Day Typical Price | 4.68 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.07) |
Singularity Future Risk Indicators
The analysis of Singularity Future'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 Singularity Future's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting singularity 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 | 5.14 | |||
| Semi Deviation | 5.84 | |||
| Standard Deviation | 7.62 | |||
| Variance | 58.06 | |||
| Downside Variance | 37.92 | |||
| Semi Variance | 34.06 | |||
| Expected Short fall | (6.85) |
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 Singularity Future 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, Singularity Future's short interest history, or implied volatility extrapolated from Singularity Future options trading.
Currently Active Assets on Macroaxis
When determining whether Singularity Future offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Singularity Future'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 Singularity Future Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Singularity Future Technology Stock:Check out Historical Fundamental Analysis of Singularity Future to cross-verify your projections. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Singularity Stock analysis
When running Singularity Future's price analysis, check to measure Singularity Future'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 Singularity Future is operating at the current time. Most of Singularity Future's value examination focuses on studying past and present price action to predict the probability of Singularity Future's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Singularity Future's price. Additionally, you may evaluate how the addition of Singularity Future to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
Is Singularity Future'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 Singularity Future. If investors know Singularity 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 Singularity Future listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.60) | Revenue Per Share 1.91 | Quarterly Revenue Growth (0.35) | Return On Assets (0.29) | Return On Equity (1.21) |
The market value of Singularity Future is measured differently than its book value, which is the value of Singularity that is recorded on the company's balance sheet. Investors also form their own opinion of Singularity Future's value that differs from its market value or its book value, called intrinsic value, which is Singularity Future'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 Singularity Future's market value can be influenced by many factors that don't directly affect Singularity Future'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 Singularity Future's value and its price as these two are different measures arrived at by different means. Investors typically determine if Singularity Future is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Singularity Future'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.