CRA International Stock Forecast - 20 Period Moving Average
CRAI Stock | USD 194.25 0.41 0.21% |
The 20 Period Moving Average forecasted value of CRA International on the next trading day is expected to be 193.34 with a mean absolute deviation of 8.94 and the sum of the absolute errors of 366.66. CRA Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of CRA International's historical fundamentals, such as revenue growth or operating cash flow patterns.
CRA |
CRA International 20 Period Moving Average Price Forecast For the 26th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of CRA International on the next trading day is expected to be 193.34 with a mean absolute deviation of 8.94, mean absolute percentage error of 109.66, and the sum of the absolute errors of 366.66.Please note that although there have been many attempts to predict CRA 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 CRA International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
CRA International Stock Forecast Pattern
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CRA International Forecasted Value
In the context of forecasting CRA International'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. CRA International's downside and upside margins for the forecasting period are 191.18 and 195.51, respectively. We have considered CRA International'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 CRA International stock data series using in forecasting. Note that when a statistical model is used to represent CRA International 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 | 86.0503 |
Bias | Arithmetic mean of the errors | -7.0879 |
MAD | Mean absolute deviation | 8.9429 |
MAPE | Mean absolute percentage error | 0.0471 |
SAE | Sum of the absolute errors | 366.658 |
Predictive Modules for CRA International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CRA International. 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 CRA International
For every potential investor in CRA, whether a beginner or expert, CRA International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CRA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CRA. Basic forecasting techniques help filter out the noise by identifying CRA International's price trends.CRA International 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 CRA International stock to make a market-neutral strategy. Peer analysis of CRA International could also be used in its relative valuation, which is a method of valuing CRA International by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
CRA International 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 CRA International'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 CRA International's current price.Cycle Indicators | ||
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
CRA International Market Strength Events
Market strength indicators help investors to evaluate how CRA International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CRA International shares will generate the highest return on investment. By undertsting and applying CRA International stock market strength indicators, traders can identify CRA International entry and exit signals to maximize returns.
CRA International Risk Indicators
The analysis of CRA International'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 CRA International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cra 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 | 1.49 | |||
Semi Deviation | 1.99 | |||
Standard Deviation | 2.14 | |||
Variance | 4.59 | |||
Downside Variance | 6.3 | |||
Semi Variance | 3.96 | |||
Expected Short fall | (1.44) |
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.
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When determining whether CRA International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CRA International's 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 Cra International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cra International Stock:Check out Historical Fundamental Analysis of CRA International to cross-verify your projections. For more detail on how to invest in CRA Stock please use our How to Invest in CRA International guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Research & Consulting 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 CRA International. If investors know CRA 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 CRA International 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 0.38 | Dividend Share 1.68 | Earnings Share 6.18 | Revenue Per Share 97.924 | Quarterly Revenue Growth 0.137 |
The market value of CRA International is measured differently than its book value, which is the value of CRA that is recorded on the company's balance sheet. Investors also form their own opinion of CRA International's value that differs from its market value or its book value, called intrinsic value, which is CRA International'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 CRA International's market value can be influenced by many factors that don't directly affect CRA International'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 CRA International's value and its price as these two are different measures arrived at by different means. Investors typically determine if CRA International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CRA International'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.