Celsius Holdings Stock Forecast - Naive Prediction
| CELH Stock | USD 29.05 1.34 4.84% |
The Naive Prediction forecasted value of Celsius Holdings on the next trading day is expected to be 29.02 with a mean absolute deviation of 1.15 and the sum of the absolute errors of 71.26. Celsius Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Celsius Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Celsius |
Celsius Holdings 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 Celsius Holdings' financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 2005-12-31 | Previous Quarter 903.2 M | Current Value 903.7 M | Quarterly Volatility 242.6 M |
Celsius Holdings Naive Prediction Price Forecast For the 23rd of November
Given 90 days horizon, the Naive Prediction forecasted value of Celsius Holdings on the next trading day is expected to be 29.02 with a mean absolute deviation of 1.15, mean absolute percentage error of 2.09, and the sum of the absolute errors of 71.26.Please note that although there have been many attempts to predict Celsius 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 Celsius Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Celsius Holdings Stock Forecast Pattern
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Celsius Holdings Forecasted Value
In the context of forecasting Celsius Holdings' 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. Celsius Holdings' downside and upside margins for the forecasting period are 25.13 and 32.91, respectively. We have considered Celsius Holdings' 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 Celsius Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Celsius Holdings 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 | 120.6838 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.1494 |
| MAPE | Mean absolute percentage error | 0.0364 |
| SAE | Sum of the absolute errors | 71.2619 |
Predictive Modules for Celsius Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Celsius Holdings. 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 Celsius Holdings
For every potential investor in Celsius, whether a beginner or expert, Celsius Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Celsius Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Celsius. Basic forecasting techniques help filter out the noise by identifying Celsius Holdings' price trends.Celsius Holdings 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 Celsius Holdings stock to make a market-neutral strategy. Peer analysis of Celsius Holdings could also be used in its relative valuation, which is a method of valuing Celsius Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Celsius Holdings 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 Celsius Holdings' 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 Celsius Holdings' current price.| Cycle Indicators | ||
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Celsius Holdings Market Strength Events
Market strength indicators help investors to evaluate how Celsius Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Celsius Holdings shares will generate the highest return on investment. By undertsting and applying Celsius Holdings stock market strength indicators, traders can identify Celsius Holdings entry and exit signals to maximize returns.
Celsius Holdings Risk Indicators
The analysis of Celsius Holdings' 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 Celsius Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting celsius 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 | 2.7 | |||
| Standard Deviation | 3.8 | |||
| Variance | 14.44 |
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.
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When determining whether Celsius Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Celsius Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Celsius Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Celsius Holdings Stock:Check out Historical Fundamental Analysis of Celsius Holdings to cross-verify your projections. For more detail on how to invest in Celsius Stock please use our How to Invest in Celsius Holdings guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Soft Drinks & Non-alcoholic Beverages 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 Celsius Holdings. If investors know Celsius 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 Celsius Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.629 | Earnings Share 0.73 | Revenue Per Share 5.888 | Quarterly Revenue Growth (0.31) | Return On Assets 0.0897 |
The market value of Celsius Holdings is measured differently than its book value, which is the value of Celsius that is recorded on the company's balance sheet. Investors also form their own opinion of Celsius Holdings' value that differs from its market value or its book value, called intrinsic value, which is Celsius Holdings' 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 Celsius Holdings' market value can be influenced by many factors that don't directly affect Celsius Holdings' 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 Celsius Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Celsius Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celsius Holdings' 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.