Centessa Pharmaceuticals Stock Forecast - Naive Prediction
| CNTA Stock | USD 17.10 0.06 0.35% |
The Naive Prediction forecasted value of Centessa Pharmaceuticals PLC on the next trading day is expected to be 17.03 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 25.43. Centessa Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Centessa Pharmaceuticals stock prices and determine the direction of Centessa Pharmaceuticals PLC's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Centessa Pharmaceuticals' historical fundamentals, such as revenue growth or operating cash flow patterns.
Centessa |
Centessa Pharmaceuticals Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Centessa Pharmaceuticals' financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 128 M | Current Value 121.6 M | Quarterly Volatility 174.2 M |
Centessa Pharmaceuticals Naive Prediction Price Forecast For the 27th of November
Given 90 days horizon, the Naive Prediction forecasted value of Centessa Pharmaceuticals PLC on the next trading day is expected to be 17.03 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.29, and the sum of the absolute errors of 25.43.Please note that although there have been many attempts to predict Centessa 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 Centessa Pharmaceuticals' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Centessa Pharmaceuticals Stock Forecast Pattern
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Centessa Pharmaceuticals Forecasted Value
In the context of forecasting Centessa Pharmaceuticals' 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. Centessa Pharmaceuticals' downside and upside margins for the forecasting period are 13.07 and 20.98, respectively. We have considered Centessa Pharmaceuticals' 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 Centessa Pharmaceuticals stock data series using in forecasting. Note that when a statistical model is used to represent Centessa Pharmaceuticals 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 | 118.7219 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4101 |
| MAPE | Mean absolute percentage error | 0.0257 |
| SAE | Sum of the absolute errors | 25.4254 |
Predictive Modules for Centessa Pharmaceuticals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Centessa Pharmaceuticals. 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 Centessa Pharmaceuticals' 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.
Other Forecasting Options for Centessa Pharmaceuticals
For every potential investor in Centessa, whether a beginner or expert, Centessa Pharmaceuticals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Centessa Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Centessa. Basic forecasting techniques help filter out the noise by identifying Centessa Pharmaceuticals' price trends.View Centessa Pharmaceuticals Related Equities
| Risk & Return | Correlation |
Centessa Pharmaceuticals 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 Centessa Pharmaceuticals' 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 Centessa Pharmaceuticals' current price.| Cycle Indicators | ||
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Centessa Pharmaceuticals Market Strength Events
Market strength indicators help investors to evaluate how Centessa Pharmaceuticals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Centessa Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying Centessa Pharmaceuticals stock market strength indicators, traders can identify Centessa Pharmaceuticals PLC entry and exit signals to maximize returns.
| Accumulation Distribution | 73966.14 | |||
| Daily Balance Of Power | 0.0426 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 17.52 | |||
| Day Typical Price | 17.38 | |||
| Price Action Indicator | (0.39) | |||
| Period Momentum Indicator | 0.06 |
Centessa Pharmaceuticals Risk Indicators
The analysis of Centessa Pharmaceuticals' 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 Centessa Pharmaceuticals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting centessa 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 | 3.02 | |||
| Semi Deviation | 3.06 | |||
| Standard Deviation | 4.05 | |||
| Variance | 16.41 | |||
| Downside Variance | 11.67 | |||
| Semi Variance | 9.35 | |||
| Expected Short fall | (3.59) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Centessa Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Centessa Pharmaceuticals' 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 Centessa Pharmaceuticals Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Centessa Pharmaceuticals Plc Stock:Check out Historical Fundamental Analysis of Centessa Pharmaceuticals to cross-verify your projections. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Biotechnology 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 Centessa Pharmaceuticals. If investors know Centessa 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 Centessa Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.52) | Revenue Per Share 0.065 | Return On Assets (0.20) | Return On Equity (0.43) |
The market value of Centessa Pharmaceuticals is measured differently than its book value, which is the value of Centessa that is recorded on the company's balance sheet. Investors also form their own opinion of Centessa Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Centessa Pharmaceuticals' 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 Centessa Pharmaceuticals' market value can be influenced by many factors that don't directly affect Centessa Pharmaceuticals' 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 Centessa Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Centessa Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centessa Pharmaceuticals' 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.