Core Laboratories Stock Forecast - Naive Prediction
| CLB Stock | USD 19.45 0.18 0.92% |
The Naive Prediction forecasted value of Core Laboratories NV on the next trading day is expected to be 19.86 with a mean absolute deviation of 0.43 and the sum of the absolute errors of 26.45. Core Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Core Laboratories stock prices and determine the direction of Core Laboratories NV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Core Laboratories' historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of Core Laboratories' share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth 0.2 | EPS Estimate Next Quarter 0.18 | EPS Estimate Current Year 0.735 | EPS Estimate Next Year 0.7467 | Wall Street Target Price 14.5 |
Using Core Laboratories hype-based prediction, you can estimate the value of Core Laboratories NV from the perspective of Core Laboratories response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Core Laboratories using Core Laboratories' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Core using crowd psychology based on the activity and movement of Core Laboratories' stock price.
Core Laboratories Short Interest
A significant increase or decrease in Core Laboratories' short interest from the previous month could be a good indicator of investor sentiment towards Core. Short interest can provide insight into the potential direction of Core Laboratories stock and how bullish or bearish investors feel about the market overall.
200 Day MA 13.1919 | Short Percent 0.2616 | Short Ratio 12.88 | Shares Short Prior Month 4 M | 50 Day MA 16.6074 |
Core Laboratories Hype to Price Pattern
Investor biases related to Core Laboratories' public news can be used to forecast risks associated with an investment in Core. The trend in average sentiment can be used to explain how an investor holding Core can time the market purely based on public headlines and social activities around Core Laboratories NV. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Core Laboratories Implied Volatility | 0.94 |
Core Laboratories' implied volatility exposes the market's sentiment of Core Laboratories NV stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Core Laboratories' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Core Laboratories stock will not fluctuate a lot when Core Laboratories' options are near their expiration.
The Naive Prediction forecasted value of Core Laboratories NV on the next trading day is expected to be 19.86 with a mean absolute deviation of 0.43 and the sum of the absolute errors of 26.45. Core Laboratories after-hype prediction price | USD 19.74 |
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 Core Laboratories to cross-verify your projections. Prediction based on Rule 16 of the current Core contract
Based on the Rule 16, the options market is currently suggesting that Core Laboratories NV will have an average daily up or down price movement of about 0.0588% per day over the life of the 2026-03-20 option contract. With Core Laboratories trading at USD 19.45, that is roughly USD 0.0114 . If you think that the market is fully incorporating Core Laboratories' daily price movement you should consider acquiring Core Laboratories NV options at the current volatility level of 0.94%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-03-20 Core Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Core Laboratories' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Core Laboratories' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Core Laboratories stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Core Laboratories' open interest, investors have to compare it to Core Laboratories' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Core Laboratories is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Core. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Core Laboratories Additional Predictive Modules
Most predictive techniques to examine Core price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Core using various technical indicators. When you analyze Core 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 |
Core Laboratories Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Core Laboratories' financial statements to predict how it will affect future prices.
Cash | First Reported 1995-09-30 | Previous Quarter 31.2 M | Current Value 25.6 M | Quarterly Volatility 33.2 M |
Core Laboratories Naive Prediction Price Forecast For the 24th of January
Given 90 days horizon, the Naive Prediction forecasted value of Core Laboratories NV on the next trading day is expected to be 19.86 with a mean absolute deviation of 0.43, mean absolute percentage error of 0.30, and the sum of the absolute errors of 26.45.Please note that although there have been many attempts to predict Core 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 Core Laboratories' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Core Laboratories Stock Forecast Pattern
| Backtest Core Laboratories | Core Laboratories Price Prediction | Buy or Sell Advice |
Core Laboratories Forecasted Value
In the context of forecasting Core Laboratories' 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. Core Laboratories' downside and upside margins for the forecasting period are 17.25 and 22.48, respectively. We have considered Core Laboratories' 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 Core Laboratories stock data series using in forecasting. Note that when a statistical model is used to represent Core Laboratories 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 | 116.9116 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4336 |
| MAPE | Mean absolute percentage error | 0.0264 |
| SAE | Sum of the absolute errors | 26.4517 |
Predictive Modules for Core Laboratories
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Core Laboratories. 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.Core Laboratories After-Hype Price Prediction Density Analysis
As far as predicting the price of Core Laboratories 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 Core Laboratories 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 Core Laboratories, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Core Laboratories Estimiated After-Hype Price Volatility
In the context of predicting Core Laboratories' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Core Laboratories' historical news coverage. Core Laboratories' after-hype downside and upside margins for the prediction period are 17.10 and 22.38, respectively. We have considered Core Laboratories' 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
Core Laboratories is not too volatile at this time. Analysis and calculation of next after-hype price of Core Laboratories is based on 3 months time horizon.
Core Laboratories Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Core Laboratories is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Core Laboratories 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 Core Laboratories, 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 |
0.29 | 2.61 | 0.13 | 0.06 | 7 Events / Month | 6 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
19.45 | 19.74 | 0.56 |
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Core Laboratories Hype Timeline
On the 23rd of January Core Laboratories is traded for 19.45. The entity has historical hype elasticity of 0.13, and average elasticity to hype of competition of -0.06. Core is expected to increase in value after the next headline, with the price projected to jump to 19.74 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 0.56%, whereas the daily expected return is currently at 0.29%. The volatility of related hype on Core Laboratories is about 1359.37%, with the expected price after the next announcement by competition of 19.39. The company reported the last year's revenue of 523.85 M. Total Income to common stockholders was 32.15 M with profit before taxes, overhead, and interest of 103.23 M. Considering the 90-day investment horizon the next expected press release will be in about 7 days. Check out Historical Fundamental Analysis of Core Laboratories to cross-verify your projections.Core Laboratories Related Hype Analysis
Having access to credible news sources related to Core Laboratories' direct competition is more important than ever and may enhance your ability to predict Core Laboratories' future price movements. Getting to know how Core Laboratories' 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 Core Laboratories may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CAPL | Crossamerica Partners LP | (0.60) | 9 per month | 0.90 | 0.11 | 1.97 | (1.85) | 4.92 | |
| BORR | Borr Drilling | (0.23) | 10 per month | 2.62 | 0.22 | 7.37 | (5.73) | 16.39 | |
| TNP | Tsakos Energy Navigation | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| PDS | Precision Drilling | 0.26 | 8 per month | 1.40 | 0.23 | 3.27 | (2.63) | 7.53 | |
| GRNT | Granite Ridge Resources | (0.19) | 9 per month | 0.00 | (0.11) | 3.31 | (4.27) | 8.29 | |
| NBR | Nabors Industries | (0.24) | 8 per month | 2.38 | 0.19 | 9.68 | (5.08) | 17.72 | |
| VTS | Vitesse Energy | (0.10) | 9 per month | 0.00 | (0.15) | 2.43 | (2.74) | 6.95 | |
| TXO | MorningStar Partners LP | 0.09 | 9 per month | 0.00 | (0.16) | 2.35 | (2.78) | 7.22 | |
| SOC | Sable Offshore Corp | (0.58) | 9 per month | 10.58 | 0.06 | 20.50 | (18.47) | 71.09 | |
| HPK | Highpeak Energy Acquisition | (0.33) | 7 per month | 0.00 | (0.16) | 7.59 | (8.90) | 21.96 |
Other Forecasting Options for Core Laboratories
For every potential investor in Core, whether a beginner or expert, Core Laboratories' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Core Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Core. Basic forecasting techniques help filter out the noise by identifying Core Laboratories' price trends.Core Laboratories 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 Core Laboratories stock to make a market-neutral strategy. Peer analysis of Core Laboratories could also be used in its relative valuation, which is a method of valuing Core Laboratories by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Core Laboratories Market Strength Events
Market strength indicators help investors to evaluate how Core Laboratories stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Core Laboratories shares will generate the highest return on investment. By undertsting and applying Core Laboratories stock market strength indicators, traders can identify Core Laboratories NV entry and exit signals to maximize returns.
Core Laboratories Risk Indicators
The analysis of Core Laboratories' 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 Core Laboratories' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting core 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 | 2.47 | |||
| Semi Deviation | 1.8 | |||
| Standard Deviation | 4.4 | |||
| Variance | 19.33 | |||
| Downside Variance | 6.05 | |||
| Semi Variance | 3.26 | |||
| Expected Short fall | (2.99) |
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 Core Laboratories
The number of cover stories for Core Laboratories depends on current market conditions and Core Laboratories' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Core Laboratories 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 Core Laboratories' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Core Laboratories Short Properties
Core Laboratories' future price predictability will typically decrease when Core Laboratories' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Core Laboratories NV often depends not only on the future outlook of the potential Core Laboratories' 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. Core Laboratories' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.7 M | |
| Cash And Short Term Investments | 19.2 M |
Check out Historical Fundamental Analysis of Core Laboratories to cross-verify your projections. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Oil & Gas Equipment & Services 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 Core Laboratories. If investors know Core 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 Core Laboratories 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 0.2 | Dividend Share 0.04 | Earnings Share 0.68 | Revenue Per Share | Quarterly Revenue Growth 0.001 |
The market value of Core Laboratories is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Core Laboratories' 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 Core Laboratories' market value can be influenced by many factors that don't directly affect Core Laboratories' 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 Core Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Laboratories' 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.