Chipotle Mexican Stock Forecast - 20 Period Moving Average
| CMG Stock | USD 62.71 0.71 1.15% |
The 20 Period Moving Average forecasted value of Chipotle Mexican Grill on the next trading day is expected to be 58.90 with a mean absolute deviation of 1.29 and the sum of the absolute errors of 52.69. Chipotle Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Chipotle Mexican's historical fundamentals, such as revenue growth or operating cash flow patterns.
Chipotle |
Chipotle Mexican 20 Period Moving Average Price Forecast For the 27th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Chipotle Mexican Grill on the next trading day is expected to be 58.90 with a mean absolute deviation of 1.29, mean absolute percentage error of 2.66, and the sum of the absolute errors of 52.69.Please note that although there have been many attempts to predict Chipotle 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 Chipotle Mexican's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Chipotle Mexican Stock Forecast Pattern
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Chipotle Mexican Forecasted Value
In the context of forecasting Chipotle Mexican'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. Chipotle Mexican's downside and upside margins for the forecasting period are 57.02 and 60.78, respectively. We have considered Chipotle Mexican'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Chipotle Mexican stock data series using in forecasting. Note that when a statistical model is used to represent Chipotle Mexican 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 | 82.3309 |
| Bias | Arithmetic mean of the errors | -0.6625 |
| MAD | Mean absolute deviation | 1.2852 |
| MAPE | Mean absolute percentage error | 0.0217 |
| SAE | Sum of the absolute errors | 52.693 |
Predictive Modules for Chipotle Mexican
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chipotle Mexican Grill. 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 Chipotle Mexican
For every potential investor in Chipotle, whether a beginner or expert, Chipotle Mexican's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Chipotle Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Chipotle. Basic forecasting techniques help filter out the noise by identifying Chipotle Mexican's price trends.Chipotle Mexican 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 Chipotle Mexican stock to make a market-neutral strategy. Peer analysis of Chipotle Mexican could also be used in its relative valuation, which is a method of valuing Chipotle Mexican by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Chipotle Mexican Grill 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 Chipotle Mexican's 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 Chipotle Mexican's current price.| Cycle Indicators | ||
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| Volume Indicators |
Chipotle Mexican Market Strength Events
Market strength indicators help investors to evaluate how Chipotle Mexican stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chipotle Mexican shares will generate the highest return on investment. By undertsting and applying Chipotle Mexican stock market strength indicators, traders can identify Chipotle Mexican Grill entry and exit signals to maximize returns.
| Accumulation Distribution | 72198.75 | |||
| Daily Balance Of Power | 0.8161 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 62.31 | |||
| Day Typical Price | 62.44 | |||
| Price Action Indicator | 0.76 | |||
| Period Momentum Indicator | 0.71 |
Chipotle Mexican Risk Indicators
The analysis of Chipotle Mexican'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 Chipotle Mexican's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chipotle 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 | 1.3 | |||
| Semi Deviation | 2.02 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.57 | |||
| Downside Variance | 4.82 | |||
| Semi Variance | 4.08 | |||
| Expected Short fall | (1.39) |
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.
Currently Active Assets on Macroaxis
When determining whether Chipotle Mexican Grill is a strong investment it is important to analyze Chipotle Mexican's 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 Chipotle Mexican's future performance. For an informed investment choice regarding Chipotle Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Chipotle Mexican to cross-verify your projections. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Hotels, Restaurants & Leisure 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 Chipotle Mexican. If investors know Chipotle 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 Chipotle Mexican 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 0.231 | Earnings Share 1.08 | Revenue Per Share 8.012 | Quarterly Revenue Growth 0.13 | Return On Assets 0.1401 |
The market value of Chipotle Mexican Grill is measured differently than its book value, which is the value of Chipotle that is recorded on the company's balance sheet. Investors also form their own opinion of Chipotle Mexican's value that differs from its market value or its book value, called intrinsic value, which is Chipotle Mexican'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 Chipotle Mexican's market value can be influenced by many factors that don't directly affect Chipotle Mexican'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 Chipotle Mexican's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chipotle Mexican is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chipotle Mexican'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.