Creative Global Stock Forecast - Simple Moving Average
| CGTL Stock | 2.92 0.18 6.57% |
Creative Stock outlook is based on your current time horizon. Although Creative Global's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Creative Global's systematic risk associated with finding meaningful patterns of Creative Global fundamentals over time.
As of now, The relative strength index (RSI) of Creative Global's share price is at 59 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Creative Global, making its price go up or down. Momentum 59
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth 1.234 | Quarterly Revenue Growth (0.40) |
Using Creative Global hype-based prediction, you can estimate the value of Creative Global Technology from the perspective of Creative Global response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Creative Global Technology on the next trading day is expected to be 2.92 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.31. Creative Global after-hype prediction price | USD 3.5 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Creative Global to cross-verify your projections. Creative Global Additional Predictive Modules
Most predictive techniques to examine Creative price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Creative using various technical indicators. When you analyze Creative charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Creative Global Simple Moving Average Price Forecast For the 27th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Creative Global Technology on the next trading day is expected to be 2.92 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.18, and the sum of the absolute errors of 11.31.Please note that although there have been many attempts to predict Creative 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 Creative Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Creative Global Stock Forecast Pattern
| Backtest Creative Global | Creative Global Price Prediction | Buy or Sell Advice |
Creative Global Forecasted Value
In the context of forecasting Creative Global'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. Creative Global's downside and upside margins for the forecasting period are 0.03 and 23.07, respectively. We have considered Creative Global'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Creative Global stock data series using in forecasting. Note that when a statistical model is used to represent Creative Global 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 | 112.7066 |
| Bias | Arithmetic mean of the errors | -0.0605 |
| MAD | Mean absolute deviation | 0.1917 |
| MAPE | Mean absolute percentage error | 0.1035 |
| SAE | Sum of the absolute errors | 11.31 |
Predictive Modules for Creative Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Creative Global Tech. 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 Creative Global'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.
Creative Global After-Hype Price Density Analysis
As far as predicting the price of Creative Global at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Creative Global or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Creative Global, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Creative Global Estimiated After-Hype Price Volatility
In the context of predicting Creative Global's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Creative Global's historical news coverage. Creative Global's after-hype downside and upside margins for the prediction period are 0.18 and 23.65, respectively. We have considered Creative Global's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Creative Global is abnormally volatile at this time. Analysis and calculation of next after-hype price of Creative Global Tech is based on 3 months time horizon.
Creative Global Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Creative Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Creative Global backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Creative Global, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
3.98 | 20.15 | 0.76 | 0.48 | 10 Events / Month | 5 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
2.92 | 3.50 | 27.74 |
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Creative Global Hype Timeline
Creative Global Tech is currently traded for 2.92. The entity has historical hype elasticity of 0.76, and average elasticity to hype of competition of -0.48. Creative is anticipated to increase in value after the next headline, with the price projected to jump to 3.5 or above. The average volatility of media hype impact on the company the price is over 100%. The price upswing on the next news is anticipated to be 27.74%, whereas the daily expected return is currently at 3.98%. The volatility of related hype on Creative Global is about 16652.89%, with the expected price after the next announcement by competition of 2.44. Creative Global Technology currently holds 126.89 K in liabilities. Note, when we think about Creative Global's use of debt, we should always consider it together with its cash and equity.Given the investment horizon of 90 days the next anticipated press release will be in about 10 days. Check out Historical Fundamental Analysis of Creative Global to cross-verify your projections.Creative Global Related Hype Analysis
Having access to credible news sources related to Creative Global's direct competition is more important than ever and may enhance your ability to predict Creative Global's future price movements. Getting to know how Creative Global's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Creative Global may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| IPW | iPower Inc | (0.31) | 5 per month | 0.00 | (0.16) | 14.98 | (17.32) | 57.41 | |
| YJ | Yunji Inc | (0.03) | 8 per month | 0.00 | (0.15) | 5.96 | (6.04) | 19.76 | |
| REBN | Reborn Coffee | 0.05 | 8 per month | 0.00 | (0.03) | 11.95 | (9.04) | 27.14 | |
| UCAR | U Power Limited | (0.10) | 7 per month | 0.00 | (0.1) | 4.79 | (5.00) | 16.39 | |
| BYAH | Park Ha Biological | 0.01 | 4 per month | 0.00 | (0.28) | 6.67 | (7.69) | 24.00 | |
| AZI | Autozi Internet Technology | (0.80) | 11 per month | 0.00 | (0.04) | 21.43 | (17.87) | 88.70 | |
| CENN | Cenntro Electric Group | (0.01) | 4 per month | 0.00 | (0.03) | 13.33 | (6.67) | 24.81 | |
| YYGH | YY Group Holding | (0.02) | 10 per month | 0.00 | (0.09) | 7.69 | (8.33) | 30.95 | |
| DSS | DSS Inc | (0.01) | 7 per month | 0.00 | (0.12) | 5.04 | (6.30) | 22.05 | |
| ATER | Aterian | 0.01 | 10 per month | 0.00 | (0.08) | 7.14 | (7.14) | 28.48 |
Other Forecasting Options for Creative Global
For every potential investor in Creative, whether a beginner or expert, Creative Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Creative Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Creative. Basic forecasting techniques help filter out the noise by identifying Creative Global's price trends.Creative Global 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 Creative Global stock to make a market-neutral strategy. Peer analysis of Creative Global could also be used in its relative valuation, which is a method of valuing Creative Global by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Creative Global Market Strength Events
Market strength indicators help investors to evaluate how Creative Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Creative Global shares will generate the highest return on investment. By undertsting and applying Creative Global stock market strength indicators, traders can identify Creative Global Technology entry and exit signals to maximize returns.
Creative Global Risk Indicators
The analysis of Creative Global'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 Creative Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting creative 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 | 11.05 | |||
| Semi Deviation | 8.58 | |||
| Standard Deviation | 19.61 | |||
| Variance | 384.68 | |||
| Downside Variance | 117.83 | |||
| Semi Variance | 73.69 | |||
| Expected Short fall | (14.75) |
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.
Story Coverage note for Creative Global
The number of cover stories for Creative Global depends on current market conditions and Creative Global's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Creative Global is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Creative Global's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
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Creative Global Short Properties
Creative Global's future price predictability will typically decrease when Creative Global's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Creative Global Technology often depends not only on the future outlook of the potential Creative Global's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Creative Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20 M | |
| Cash And Short Term Investments | 443.3 K |
Check out Historical Fundamental Analysis of Creative Global to cross-verify your projections. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Electronic Equipment, Instruments & 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 Creative Global. If investors know Creative 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 Creative Global 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 1.234 | Earnings Share (0.59) | Revenue Per Share | Quarterly Revenue Growth (0.40) | Return On Assets |
The market value of Creative Global Tech is measured differently than its book value, which is the value of Creative that is recorded on the company's balance sheet. Investors also form their own opinion of Creative Global's value that differs from its market value or its book value, called intrinsic value, which is Creative Global'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 Creative Global's market value can be influenced by many factors that don't directly affect Creative Global'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 Creative Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Creative Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Creative Global'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.