Collins Foods Stock Forecast - 4 Period Moving Average

CKF Stock   8.54  0.03  0.35%   
The 4 Period Moving Average forecasted value of Collins Foods on the next trading day is expected to be 8.47 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 5.71. Collins Stock Forecast is based on your current time horizon.
  
At this time, Collins Foods' Property Plant And Equipment Gross is comparatively stable compared to the past year. Current Deferred Revenue is likely to gain to about 7.9 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 310.6 M in 2024.
A four-period moving average forecast model for Collins Foods is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Collins Foods 4 Period Moving Average Price Forecast For the 27th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Collins Foods on the next trading day is expected to be 8.47 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.71.
Please note that although there have been many attempts to predict Collins 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 Collins Foods' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Collins Foods Stock Forecast Pattern

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Collins Foods Forecasted Value

In the context of forecasting Collins Foods' 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. Collins Foods' downside and upside margins for the forecasting period are 7.25 and 9.69, respectively. We have considered Collins Foods' 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
8.54
8.47
Expected Value
9.69
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Collins Foods stock data series using in forecasting. Note that when a statistical model is used to represent Collins Foods 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 Criteria106.6776
BiasArithmetic mean of the errors -0.036
MADMean absolute deviation0.1001
MAPEMean absolute percentage error0.0119
SAESum of the absolute errors5.7075
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Collins Foods. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Collins Foods and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Collins Foods

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Collins Foods. 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
7.328.549.76
Details
Intrinsic
Valuation
LowRealHigh
7.699.7911.01
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.120.130.14
Details

Other Forecasting Options for Collins Foods

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

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

Collins Foods 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 Collins Foods' 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 Collins Foods' current price.

Collins Foods Market Strength Events

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

Collins Foods Risk Indicators

The analysis of Collins Foods' 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 Collins Foods' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting collins 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.
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.

Thematic Opportunities

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Additional Tools for Collins Stock Analysis

When running Collins Foods' price analysis, check to measure Collins Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Collins Foods is operating at the current time. Most of Collins Foods' value examination focuses on studying past and present price action to predict the probability of Collins Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Collins Foods' price. Additionally, you may evaluate how the addition of Collins Foods to your portfolios can decrease your overall portfolio volatility.