Campbell Resources Stock Forecast - Naive Prediction
The Naive Prediction forecasted value of Campbell Resources on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Campbell Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Campbell Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time, Campbell Resources' Receivables Turnover is most likely to increase slightly in the upcoming years. The Campbell Resources' current Fixed Asset Turnover is estimated to increase to 0.64, while Inventory Turnover is projected to decrease to 6.42. . The current Net Loss is estimated to decrease to about (17.9 M). Campbell Resources Cash Forecast
Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Campbell Resources' financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 2000-03-31 | Previous Quarter 2 K | Current Value 471 K | Quarterly Volatility 425.6 K |
Campbell Resources Naive Prediction Price Forecast For the 30th of December
Given 90 days horizon, the Naive Prediction forecasted value of Campbell Resources on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.Please note that although there have been many attempts to predict Campbell 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 Campbell Resources' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Campbell Resources Stock Forecast Pattern
| Backtest Campbell Resources | Campbell Resources Price Prediction | Buy or Sell Advice |
Campbell Resources Forecasted Value
In the context of forecasting Campbell Resources' 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. Campbell Resources' downside and upside margins for the forecasting period are 0.00 and 0.00, respectively. We have considered Campbell Resources' 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 Campbell Resources stock data series using in forecasting. Note that when a statistical model is used to represent Campbell Resources 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 | -9.223372036854776E14 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Campbell Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Campbell Resources. 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.Other Forecasting Options for Campbell Resources
For every potential investor in Campbell, whether a beginner or expert, Campbell Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Campbell Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Campbell. Basic forecasting techniques help filter out the noise by identifying Campbell Resources' price trends.Campbell Resources 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 Campbell Resources stock to make a market-neutral strategy. Peer analysis of Campbell Resources could also be used in its relative valuation, which is a method of valuing Campbell Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Campbell Resources 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 Campbell Resources' 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 Campbell Resources' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
Check out Historical Fundamental Analysis of Campbell Resources to cross-verify your projections. For more detail on how to invest in Campbell Stock please use our How to Invest in Campbell Resources guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Diversified Metals & Mining space 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 Campbell Resources. If investors know Campbell 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 Campbell Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Campbell Resources is measured differently than its book value, which is the value of Campbell that is recorded on the company's balance sheet. Investors also form their own opinion of Campbell Resources' value that differs from its market value or its book value, called intrinsic value, which is Campbell Resources' 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 Campbell Resources' market value can be influenced by many factors that don't directly affect Campbell Resources' 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 Campbell Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Campbell Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Campbell Resources' 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.