Carrols Restaurant Stock Forecast - Polynomial Regression
| TAST Stock | USD 9.52 0.02 0.21% |
The Polynomial Regression forecasted value of Carrols Restaurant Group on the next trading day is expected to be 9.49 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.60. Carrols Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Carrols Restaurant stock prices and determine the direction of Carrols Restaurant Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Carrols Restaurant's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Carrols Restaurant's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Carrols Restaurant's systematic risk associated with finding meaningful patterns of Carrols Restaurant fundamentals over time.
Check out Historical Fundamental Analysis of Carrols Restaurant to cross-verify your projections. Carrols |
Open Interest Against 2024-05-17 Carrols Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Carrols Restaurant'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 Carrols Restaurant's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Carrols Restaurant 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 Carrols Restaurant's open interest, investors have to compare it to Carrols Restaurant'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 Carrols Restaurant 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 Carrols. 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 Carrols Restaurant 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 Carrols Restaurant's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Carrols Restaurant's price structures and extracts relationships that further increase the generated results' accuracy.
Carrols Restaurant polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Carrols Restaurant Group as well as the accuracy indicators are determined from the period prices. Carrols Restaurant Polynomial Regression Price Forecast For the 21st of April
Given 90 days horizon, the Polynomial Regression forecasted value of Carrols Restaurant Group on the next trading day is expected to be 9.49 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.60.Please note that although there have been many attempts to predict Carrols 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 Carrols Restaurant's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Carrols Restaurant Stock Forecast Pattern
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Carrols Restaurant Forecasted Value
In the context of forecasting Carrols Restaurant'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. Carrols Restaurant's downside and upside margins for the forecasting period are 9.39 and 9.59, respectively. We have considered Carrols Restaurant'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Carrols Restaurant stock data series using in forecasting. Note that when a statistical model is used to represent Carrols Restaurant 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 | 109.2953 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0099 |
| MAPE | Mean absolute percentage error | 0.001 |
| SAE | Sum of the absolute errors | 0.6022 |
Predictive Modules for Carrols Restaurant
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Carrols Restaurant. 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 Carrols Restaurant'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 Carrols Restaurant
For every potential investor in Carrols, whether a beginner or expert, Carrols Restaurant's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Carrols Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Carrols. Basic forecasting techniques help filter out the noise by identifying Carrols Restaurant's price trends.View Carrols Restaurant Related Equities
| Risk & Return | Correlation |
Carrols Restaurant 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 Carrols Restaurant'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 Carrols Restaurant's current price.| Cycle Indicators | ||
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Carrols Restaurant Market Strength Events
Market strength indicators help investors to evaluate how Carrols Restaurant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carrols Restaurant shares will generate the highest return on investment. By undertsting and applying Carrols Restaurant stock market strength indicators, traders can identify Carrols Restaurant Group entry and exit signals to maximize returns.
Carrols Restaurant Risk Indicators
The analysis of Carrols Restaurant'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 Carrols Restaurant's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting carrols 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 | 0.0814 | |||
| Standard Deviation | 0.1119 | |||
| Variance | 0.0125 | |||
| Downside Variance | 0.0302 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.13) |
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.
Carrols Restaurant Investors Sentiment
The influence of Carrols Restaurant'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 Carrols. 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 Carrols Restaurant's public news can be used to forecast risks associated with an investment in Carrols. The trend in average sentiment can be used to explain how an investor holding Carrols can time the market purely based on public headlines and social activities around Carrols Restaurant Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Carrols Restaurant'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 Carrols Restaurant'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 Carrols Restaurant's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Carrols Restaurant.
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 Carrols Restaurant 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, Carrols Restaurant's short interest history, or implied volatility extrapolated from Carrols Restaurant options trading.
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When determining whether Carrols Restaurant is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Carrols Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Carrols Restaurant Group Stock. Highlighted below are key reports to facilitate an investment decision about Carrols Restaurant Group Stock:Check out Historical Fundamental Analysis of Carrols Restaurant to cross-verify your projections. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Carrols Stock analysis
When running Carrols Restaurant's price analysis, check to measure Carrols Restaurant'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 Carrols Restaurant is operating at the current time. Most of Carrols Restaurant's value examination focuses on studying past and present price action to predict the probability of Carrols Restaurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrols Restaurant's price. Additionally, you may evaluate how the addition of Carrols Restaurant to your portfolios can decrease your overall portfolio volatility.
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Is Carrols Restaurant'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 Carrols Restaurant. If investors know Carrols 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 Carrols Restaurant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.02 | Earnings Share 0.53 | Revenue Per Share 36.416 | Quarterly Revenue Growth 0.057 | Return On Assets 0.0248 |
The market value of Carrols Restaurant is measured differently than its book value, which is the value of Carrols that is recorded on the company's balance sheet. Investors also form their own opinion of Carrols Restaurant's value that differs from its market value or its book value, called intrinsic value, which is Carrols Restaurant'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 Carrols Restaurant's market value can be influenced by many factors that don't directly affect Carrols Restaurant'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 Carrols Restaurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carrols Restaurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carrols Restaurant'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.