CEA Industries Stock Forecast - Naive Prediction
| CEAD Stock | USD 6.00 0.03 0.50% |
The Naive Prediction forecasted value of CEA Industries on the next trading day is expected to be 5.65 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.71. CEA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CEA Industries stock prices and determine the direction of CEA Industries's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CEA Industries' historical fundamentals, such as revenue growth or operating cash flow patterns.
CEA |
CEA Industries Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the CEA Industries' financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 11.3 M | Current Value 10.3 M | Quarterly Volatility 6.5 M |
CEA Industries Naive Prediction Price Forecast For the 23rd of November
Given 90 days horizon, the Naive Prediction forecasted value of CEA Industries on the next trading day is expected to be 5.65 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.71.Please note that although there have been many attempts to predict CEA 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 CEA Industries' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
CEA Industries Stock Forecast Pattern
| Backtest CEA Industries | CEA Industries Price Prediction | Buy or Sell Advice |
CEA Industries Forecasted Value
In the context of forecasting CEA Industries' 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. CEA Industries' downside and upside margins for the forecasting period are 3.15 and 8.15, respectively. We have considered CEA Industries' 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 CEA Industries stock data series using in forecasting. Note that when a statistical model is used to represent CEA Industries 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 | 114.1054 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.11 |
| MAPE | Mean absolute percentage error | 0.0162 |
| SAE | Sum of the absolute errors | 6.7085 |
Predictive Modules for CEA Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CEA Industries. 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 CEA Industries
For every potential investor in CEA, whether a beginner or expert, CEA Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CEA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CEA. Basic forecasting techniques help filter out the noise by identifying CEA Industries' price trends.CEA Industries 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 CEA Industries stock to make a market-neutral strategy. Peer analysis of CEA Industries could also be used in its relative valuation, which is a method of valuing CEA Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CEA Industries 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 CEA Industries' 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 CEA Industries' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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CEA Industries Market Strength Events
Market strength indicators help investors to evaluate how CEA Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CEA Industries shares will generate the highest return on investment. By undertsting and applying CEA Industries stock market strength indicators, traders can identify CEA Industries entry and exit signals to maximize returns.
| Accumulation Distribution | 296.47 | |||
| Daily Balance Of Power | 0.1579 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 6.07 | |||
| Day Typical Price | 6.04 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | 0.03 |
CEA Industries Risk Indicators
The analysis of CEA Industries' 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 CEA Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cea 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 | 2.6 | |||
| Variance | 6.76 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CEA Industries is a strong investment it is important to analyze CEA Industries' 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 CEA Industries' future performance. For an informed investment choice regarding CEA Stock, refer to the following important reports:Check out Historical Fundamental Analysis of CEA Industries to cross-verify your projections. For information on how to trade CEA Stock refer to our How to Trade CEA Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Industrial Machinery & Supplies & Components 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 CEA Industries. If investors know CEA 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 CEA Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.38) | Revenue Per Share 4.61 | Quarterly Revenue Growth 0.655 | Return On Assets (0.14) | Return On Equity (0.25) |
The market value of CEA Industries is measured differently than its book value, which is the value of CEA that is recorded on the company's balance sheet. Investors also form their own opinion of CEA Industries' value that differs from its market value or its book value, called intrinsic value, which is CEA Industries' 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 CEA Industries' market value can be influenced by many factors that don't directly affect CEA Industries' 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 CEA Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if CEA Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CEA Industries' 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.