StoneCoLtd Stock Forecast - Simple Regression
| STNE Stock | USD 16.73 0.46 2.83% |
The Simple Regression forecasted value of StoneCoLtd on the next trading day is expected to be 15.81 with a mean absolute deviation of 0.45 and the sum of the absolute errors of 27.53. StoneCoLtd Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast StoneCoLtd stock prices and determine the direction of StoneCoLtd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of StoneCoLtd's historical fundamentals, such as revenue growth or operating cash flow patterns. Although StoneCoLtd's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of StoneCoLtd's systematic risk associated with finding meaningful patterns of StoneCoLtd fundamentals over time.
Check out Historical Fundamental Analysis of StoneCoLtd to cross-verify your projections. StoneCoLtd |
Open Interest Against 2024-05-10 StoneCoLtd Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast StoneCoLtd'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 StoneCoLtd's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for StoneCoLtd 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 StoneCoLtd's open interest, investors have to compare it to StoneCoLtd'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 StoneCoLtd 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 StoneCoLtd. 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 StoneCoLtd 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 StoneCoLtd's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets StoneCoLtd's price structures and extracts relationships that further increase the generated results' accuracy.
Simple Regression model is a single variable regression model that attempts to put a straight line through StoneCoLtd price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X. StoneCoLtd Simple Regression Price Forecast For the 6th of May
Given 90 days horizon, the Simple Regression forecasted value of StoneCoLtd on the next trading day is expected to be 15.81 with a mean absolute deviation of 0.45, mean absolute percentage error of 0.29, and the sum of the absolute errors of 27.53.Please note that although there have been many attempts to predict StoneCoLtd 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 StoneCoLtd's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
StoneCoLtd Stock Forecast Pattern
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StoneCoLtd Forecasted Value
In the context of forecasting StoneCoLtd'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. StoneCoLtd's downside and upside margins for the forecasting period are 13.39 and 18.23, respectively. We have considered StoneCoLtd'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of StoneCoLtd stock data series using in forecasting. Note that when a statistical model is used to represent StoneCoLtd 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 | 116.8838 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4512 |
| MAPE | Mean absolute percentage error | 0.0273 |
| SAE | Sum of the absolute errors | 27.5254 |
Predictive Modules for StoneCoLtd
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as StoneCoLtd. 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 StoneCoLtd'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 StoneCoLtd
For every potential investor in StoneCoLtd, whether a beginner or expert, StoneCoLtd's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. StoneCoLtd Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in StoneCoLtd. Basic forecasting techniques help filter out the noise by identifying StoneCoLtd's price trends.View StoneCoLtd Related Equities
| Risk & Return | Correlation |
StoneCoLtd 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 StoneCoLtd'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 StoneCoLtd's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
StoneCoLtd Market Strength Events
Market strength indicators help investors to evaluate how StoneCoLtd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading StoneCoLtd shares will generate the highest return on investment. By undertsting and applying StoneCoLtd stock market strength indicators, traders can identify StoneCoLtd entry and exit signals to maximize returns.
StoneCoLtd Risk Indicators
The analysis of StoneCoLtd'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 StoneCoLtd's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting stonecoltd 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 | 1.91 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.14 |
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.
StoneCoLtd Investors Sentiment
The influence of StoneCoLtd's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in StoneCoLtd. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to StoneCoLtd's public news can be used to forecast risks associated with an investment in StoneCoLtd. The trend in average sentiment can be used to explain how an investor holding StoneCoLtd can time the market purely based on public headlines and social activities around StoneCoLtd. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
StoneCoLtd's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for StoneCoLtd's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average StoneCoLtd's news discussions. The higher the estimated score, the more favorable is the investor's outlook on StoneCoLtd.
StoneCoLtd Implied Volatility | 45.2 |
StoneCoLtd's implied volatility exposes the market's sentiment of StoneCoLtd stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if StoneCoLtd's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that StoneCoLtd stock will not fluctuate a lot when StoneCoLtd's options are near their expiration.
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 StoneCoLtd 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, StoneCoLtd's short interest history, or implied volatility extrapolated from StoneCoLtd options trading.
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When determining whether StoneCoLtd is a strong investment it is important to analyze StoneCoLtd'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 StoneCoLtd's future performance. For an informed investment choice regarding StoneCoLtd Stock, refer to the following important reports:Check out Historical Fundamental Analysis of StoneCoLtd to cross-verify your projections. For information on how to trade StoneCoLtd Stock refer to our How to Trade StoneCoLtd Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for StoneCoLtd Stock analysis
When running StoneCoLtd's price analysis, check to measure StoneCoLtd'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 StoneCoLtd is operating at the current time. Most of StoneCoLtd's value examination focuses on studying past and present price action to predict the probability of StoneCoLtd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move StoneCoLtd's price. Additionally, you may evaluate how the addition of StoneCoLtd to your portfolios can decrease your overall portfolio volatility.
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Is StoneCoLtd'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 StoneCoLtd. If investors know StoneCoLtd 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 StoneCoLtd 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 6.409 | Earnings Share 0.91 | Revenue Per Share 36.355 | Quarterly Revenue Growth 0.204 | Return On Assets 0.0722 |
The market value of StoneCoLtd is measured differently than its book value, which is the value of StoneCoLtd that is recorded on the company's balance sheet. Investors also form their own opinion of StoneCoLtd's value that differs from its market value or its book value, called intrinsic value, which is StoneCoLtd'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 StoneCoLtd's market value can be influenced by many factors that don't directly affect StoneCoLtd'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 StoneCoLtd's value and its price as these two are different measures arrived at by different means. Investors typically determine if StoneCoLtd is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, StoneCoLtd'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.