Carbon Race Stock Forecast - Naive Prediction

CBRJ Stock  USD 0.0002  0.00  0.00%   
The Naive Prediction forecasted value of Carbon Race Corp on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Carbon Stock Forecast is based on your current time horizon. Although Carbon Race's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Carbon Race's systematic risk associated with finding meaningful patterns of Carbon Race fundamentals over time.
  
At this time, Carbon Race's Short Term Debt is relatively stable compared to the past year. Intangible Assets is expected to hike to 9,074 this year, although the value of Total Stockholder Equity will most likely fall to (1.1 M).

Carbon Race Cash Forecast

To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the Carbon Race's financial statements, predicting their influence on future market prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
11.4 K
Current Value
10.1 K
Quarterly Volatility
709.7346788
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Carbon Race is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Carbon Race Corp 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.

Carbon Race Naive Prediction Price Forecast For the 26th of November

Given 90 days horizon, the Naive Prediction forecasted value of Carbon Race Corp on the next trading day is expected to be 0.0002 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Carbon 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 Carbon Race's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Carbon Race Stock Forecast Pattern

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Carbon Race Forecasted Value

In the context of forecasting Carbon Race'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. Carbon Race's downside and upside margins for the forecasting period are 0.0002 and 0.0002, respectively. We have considered Carbon Race'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.
Market Value
0.0002
0.0002
Downside
0.0002
Expected Value
0.0002
Upside

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 Carbon Race stock data series using in forecasting. Note that when a statistical model is used to represent Carbon Race 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.
AICAkaike Information Criteria31.7713
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of Carbon Race Corp. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Carbon Race. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Carbon Race

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Carbon Race Corp. 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.
Hype
Prediction
LowEstimatedHigh
0.000.00020.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.00020.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00020.00020.0002
Details

Other Forecasting Options for Carbon Race

For every potential investor in Carbon, whether a beginner or expert, Carbon Race's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Carbon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Carbon. Basic forecasting techniques help filter out the noise by identifying Carbon Race's price trends.

Carbon Race 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 Carbon Race stock to make a market-neutral strategy. Peer analysis of Carbon Race could also be used in its relative valuation, which is a method of valuing Carbon Race by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Carbon Race Corp 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 Carbon Race'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 Carbon Race's current price.

Carbon Race Market Strength Events

Market strength indicators help investors to evaluate how Carbon Race stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carbon Race shares will generate the highest return on investment. By undertsting and applying Carbon Race stock market strength indicators, traders can identify Carbon Race Corp entry and exit signals to maximize returns.

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When determining whether Carbon Race Corp 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 Carbon 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 Carbon Race Corp Stock. Highlighted below are key reports to facilitate an investment decision about Carbon Race Corp Stock:
Check out Historical Fundamental Analysis of Carbon Race to cross-verify your projections.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Consumer Finance 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 Carbon Race. If investors know Carbon 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 Carbon Race listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(14.93)
The market value of Carbon Race Corp is measured differently than its book value, which is the value of Carbon that is recorded on the company's balance sheet. Investors also form their own opinion of Carbon Race's value that differs from its market value or its book value, called intrinsic value, which is Carbon Race'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 Carbon Race's market value can be influenced by many factors that don't directly affect Carbon Race'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 Carbon Race's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carbon Race is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carbon Race'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.