Toast Stock Forecast - Double Exponential Smoothing
| TOST Stock | USD 22.19 0.56 2.46% |
The Double Exponential Smoothing forecasted value of Toast Inc on the next trading day is expected to be 22.14 with a mean absolute deviation of 0.59 and the sum of the absolute errors of 34.87. Toast Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Toast stock prices and determine the direction of Toast Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Toast's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Toast's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Toast's systematic risk associated with finding meaningful patterns of Toast fundamentals over time.
Check out Historical Fundamental Analysis of Toast to cross-verify your projections. Toast |
Open Interest Against 2024-04-19 Toast Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Toast'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 Toast's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Toast 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 Toast's open interest, investors have to compare it to Toast'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 Toast 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 Toast. 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 Toast 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 Toast's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Toast's price structures and extracts relationships that further increase the generated results' accuracy.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Toast works best with periods where there are trends or seasonality. Toast Double Exponential Smoothing Price Forecast For the 19th of April
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Toast Inc on the next trading day is expected to be 22.14 with a mean absolute deviation of 0.59, mean absolute percentage error of 0.65, and the sum of the absolute errors of 34.87.Please note that although there have been many attempts to predict Toast 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 Toast's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Toast Stock Forecast Pattern
| Backtest Toast | Toast Price Prediction | Buy or Sell Advice |
Toast Forecasted Value
In the context of forecasting Toast'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. Toast's downside and upside margins for the forecasting period are 18.57 and 25.70, respectively. We have considered Toast'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Toast stock data series using in forecasting. Note that when a statistical model is used to represent Toast 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.066 |
| MAD | Mean absolute deviation | 0.591 |
| MAPE | Mean absolute percentage error | 0.0274 |
| SAE | Sum of the absolute errors | 34.8664 |
Predictive Modules for Toast
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Toast 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 Toast'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 Toast
For every potential investor in Toast, whether a beginner or expert, Toast's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Toast Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Toast. Basic forecasting techniques help filter out the noise by identifying Toast's price trends.Toast 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 Toast stock to make a market-neutral strategy. Peer analysis of Toast could also be used in its relative valuation, which is a method of valuing Toast by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Toast Inc 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 Toast'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 Toast's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Toast Market Strength Events
Market strength indicators help investors to evaluate how Toast stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Toast shares will generate the highest return on investment. By undertsting and applying Toast stock market strength indicators, traders can identify Toast Inc entry and exit signals to maximize returns.
| Accumulation Distribution | 124998.0 | |||
| Daily Balance Of Power | (0.85) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 22.43 | |||
| Day Typical Price | 22.35 | |||
| Price Action Indicator | (0.52) | |||
| Period Momentum Indicator | (0.56) | |||
| Relative Strength Index | 12.66 |
Toast Risk Indicators
The analysis of Toast'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 Toast's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting toast 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 | 2.55 | |||
| Semi Deviation | 2.45 | |||
| Standard Deviation | 3.53 | |||
| Variance | 12.47 | |||
| Downside Variance | 7.27 | |||
| Semi Variance | 6.01 | |||
| Expected Short fall | (3.04) |
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.
Currently Active Assets on Macroaxis
When determining whether Toast Inc 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 Toast 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 Toast Inc Stock. Highlighted below are key reports to facilitate an investment decision about Toast Inc Stock:Check out Historical Fundamental Analysis of Toast to cross-verify your projections. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Toast Stock analysis
When running Toast's price analysis, check to measure Toast'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 Toast is operating at the current time. Most of Toast's value examination focuses on studying past and present price action to predict the probability of Toast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toast's price. Additionally, you may evaluate how the addition of Toast to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |
Is Toast'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 Toast. If investors know Toast 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 Toast listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 7.265 | Quarterly Revenue Growth 0.349 | Return On Assets (0.1) | Return On Equity (0.21) |
The market value of Toast Inc is measured differently than its book value, which is the value of Toast that is recorded on the company's balance sheet. Investors also form their own opinion of Toast's value that differs from its market value or its book value, called intrinsic value, which is Toast'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 Toast's market value can be influenced by many factors that don't directly affect Toast'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 Toast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toast'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.