COPRD Stock Forecast - Triple Exponential Smoothing
| COPRD Stock | 10.00 4.45 80.18% |
COPRD Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast COPRD stock prices and determine the direction of COPRD's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of COPRD's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The value of relative strength index of COPRD's share price is at 57 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 COPRD, making its price go up or down. Momentum 57
Buy Extended
Oversold | Overbought |
Using COPRD hype-based prediction, you can estimate the value of COPRD from the perspective of COPRD response to recently generated media hype and the effects of current headlines on its competitors.
The Triple Exponential Smoothing forecasted value of COPRD on the next trading day is expected to be 9.80 with a mean absolute deviation of 0.99 and the sum of the absolute errors of 58.30. COPRD after-hype prediction price | USD 12.74 |
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 COPRD to cross-verify your projections. COPRD Additional Predictive Modules
Most predictive techniques to examine COPRD price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for COPRD using various technical indicators. When you analyze COPRD 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 |
COPRD Triple Exponential Smoothing Price Forecast For the 28th of January
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of COPRD on the next trading day is expected to be 9.80 with a mean absolute deviation of 0.99, mean absolute percentage error of 3.88, and the sum of the absolute errors of 58.30.Please note that although there have been many attempts to predict COPRD 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 COPRD's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
COPRD Stock Forecast Pattern
| Backtest COPRD | COPRD Price Prediction | Buy or Sell Advice |
COPRD Forecasted Value
In the context of forecasting COPRD'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. COPRD's downside and upside margins for the forecasting period are 0.10 and 33.36, respectively. We have considered COPRD'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of COPRD stock data series using in forecasting. Note that when a statistical model is used to represent COPRD 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.2644 |
| MAD | Mean absolute deviation | 0.9881 |
| MAPE | Mean absolute percentage error | 0.1383 |
| SAE | Sum of the absolute errors | 58.3 |
Predictive Modules for COPRD
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as COPRD. 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.COPRD After-Hype Price Density Analysis
As far as predicting the price of COPRD 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 COPRD 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 COPRD, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
COPRD Estimiated After-Hype Price Volatility
In the context of predicting COPRD's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on COPRD's historical news coverage. COPRD's after-hype downside and upside margins for the prediction period are 0.64 and 36.30, respectively. We have considered COPRD'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
COPRD is very risky at this time. Analysis and calculation of next after-hype price of COPRD is based on 3 months time horizon.
COPRD Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as COPRD is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading COPRD 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 COPRD, 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 |
2.74 | 23.56 | 2.74 | 0.00 | 4 Events / Month | 1 Events / Month | In about 4 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
10.00 | 12.74 | 27.40 |
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COPRD Hype Timeline
COPRD is currently traded for 10.00. The entity has historical hype elasticity of 2.74, and average elasticity to hype of competition of 0.0. COPRD is projected to increase in value after the next headline, with the price projected to jump to 12.74 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is forecasted to be 27.4%, whereas the daily expected return is currently at 2.74%. The volatility of related hype on COPRD is about 3.926666667E7%, with the expected price after the next announcement by competition of 10.00. COPRD has accumulated 7.09 K in total debt. Note, when we think about COPRD's use of debt, we should always consider it together with its cash and equity.Assuming the 90 days horizon the next projected press release will be in about 4 days. Check out Historical Fundamental Analysis of COPRD to cross-verify your projections.COPRD Related Hype Analysis
Having access to credible news sources related to COPRD's direct competition is more important than ever and may enhance your ability to predict COPRD's future price movements. Getting to know how COPRD'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 COPRD may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PFSA | Profusa Common Stock | 0.00 | 6 per month | 0.00 | (0.07) | 12.50 | (17.65) | 91.67 | |
| YTFD | Yacht Finders | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| USBL | United States Basketball | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ECGR | Bellatora | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FWAV | Fourth Wave Energy | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CUII | China United Insurance | (0.0006) | 3 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| PCTZF | Bravern Ventures | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| YBRHF | Yellow Brick Road | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| NACQF | NextPoint Financial | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| IOUFF | IOU Financial | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for COPRD
For every potential investor in COPRD, whether a beginner or expert, COPRD's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. COPRD Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in COPRD. Basic forecasting techniques help filter out the noise by identifying COPRD's price trends.COPRD 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 COPRD stock to make a market-neutral strategy. Peer analysis of COPRD could also be used in its relative valuation, which is a method of valuing COPRD by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
COPRD Market Strength Events
Market strength indicators help investors to evaluate how COPRD stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading COPRD shares will generate the highest return on investment. By undertsting and applying COPRD stock market strength indicators, traders can identify COPRD entry and exit signals to maximize returns.
COPRD Risk Indicators
The analysis of COPRD'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 COPRD's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting coprd 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 | 10.58 | |||
| Semi Deviation | 14.14 | |||
| Standard Deviation | 19.72 | |||
| Variance | 388.82 | |||
| Downside Variance | 1140.03 | |||
| Semi Variance | 199.87 | |||
| Expected Short fall | (17.90) |
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 COPRD
The number of cover stories for COPRD depends on current market conditions and COPRD's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that COPRD 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 COPRD's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
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COPRD Short Properties
COPRD's future price predictability will typically decrease when COPRD's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of COPRD often depends not only on the future outlook of the potential COPRD'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. COPRD's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 247 M | |
| Cash And Short Term Investments | 100.7 K |
Check out Historical Fundamental Analysis of COPRD to cross-verify your projections. For information on how to trade COPRD Stock refer to our How to Trade COPRD Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Copper 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 COPRD. If investors know COPRD 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 COPRD listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of COPRD is measured differently than its book value, which is the value of COPRD that is recorded on the company's balance sheet. Investors also form their own opinion of COPRD's value that differs from its market value or its book value, called intrinsic value, which is COPRD'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 COPRD's market value can be influenced by many factors that don't directly affect COPRD'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 COPRD's value and its price as these two are different measures arrived at by different means. Investors typically determine if COPRD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, COPRD'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.