Creotech Instruments Stock Forward View - Simple Exponential Smoothing
| CRI Stock | 596.00 22.00 3.56% |
Creotech Stock outlook is based on your current time horizon.
The value of RSI of Creotech Instruments' share price is above 70 as of today suggesting that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Creotech, making its price go up or down. Momentum 73
Buy Stretched
Oversold | Overbought |
Using Creotech Instruments hype-based prediction, you can estimate the value of Creotech Instruments SA from the perspective of Creotech Instruments response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Creotech Instruments SA on the next trading day is expected to be 596.00 with a mean absolute deviation of 8.77 and the sum of the absolute errors of 535.00. Creotech Instruments after-hype prediction price | PLN 596.0 |
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.
Creotech |
Creotech Instruments Additional Predictive Modules
Most predictive techniques to examine Creotech price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Creotech using various technical indicators. When you analyze Creotech 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 |
Creotech Instruments Simple Exponential Smoothing Price Forecast For the 4th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Creotech Instruments SA on the next trading day is expected to be 596.00 with a mean absolute deviation of 8.77, mean absolute percentage error of 170.92, and the sum of the absolute errors of 535.00.Please note that although there have been many attempts to predict Creotech Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Creotech Instruments' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Creotech Instruments Stock Forecast Pattern
| Backtest Creotech Instruments | Creotech Instruments Price Prediction | Research Analysis |
Creotech Instruments Forecasted Value
In the context of forecasting Creotech Instruments' 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. Creotech Instruments' downside and upside margins for the forecasting period are 593.05 and 598.95, respectively. We have considered Creotech Instruments' 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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Creotech Instruments stock data series using in forecasting. Note that when a statistical model is used to represent Creotech Instruments 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 | 123.2517 |
| Bias | Arithmetic mean of the errors | -3.4098 |
| MAD | Mean absolute deviation | 8.7705 |
| MAPE | Mean absolute percentage error | 0.0196 |
| SAE | Sum of the absolute errors | 535.0 |
Predictive Modules for Creotech Instruments
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Creotech Instruments. 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 Creotech Instruments' 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.
Creotech Instruments After-Hype Price Density Analysis
As far as predicting the price of Creotech Instruments 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 Creotech Instruments 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 Creotech Instruments, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Creotech Instruments Estimiated After-Hype Price Volatility
In the context of predicting Creotech Instruments' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Creotech Instruments' historical news coverage. Creotech Instruments' after-hype downside and upside margins for the prediction period are 593.07 and 598.93, respectively. We have considered Creotech Instruments' 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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Creotech Instruments is very steady at this time. Analysis and calculation of next after-hype price of Creotech Instruments is based on 3 months time horizon.
Creotech Instruments Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Creotech Instruments is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Creotech Instruments 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 Creotech Instruments, 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 |
0.81 | 2.95 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
596.00 | 596.00 | 0.00 |
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Creotech Instruments Hype Timeline
Creotech Instruments is currently traded for 596.00on Warsaw Stock Exchange of Poland. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Creotech is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at 0.81%. %. The volatility of related hype on Creotech Instruments is about 0.0%, with the expected price after the next announcement by competition of 596.00. About 49.0% of the company shares are held by company insiders. The book value of Creotech Instruments was currently reported as 25.66. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next projected press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Creotech Instruments to cross-verify your projections.Creotech Instruments Related Hype Analysis
Having access to credible news sources related to Creotech Instruments' direct competition is more important than ever and may enhance your ability to predict Creotech Instruments' future price movements. Getting to know how Creotech Instruments' 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 Creotech Instruments may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| VAR | Varsav Game Studios | 0.00 | 0 per month | 0.00 | (0.07) | 6.52 | (6.12) | 17.79 | |
| LTM | Longterm Games SA | 0.00 | 0 per month | 0.00 | (0.12) | 7.01 | (7.00) | 21.03 | |
| MDG | Medicalg | 0.00 | 0 per month | 0.00 | (0.05) | 4.70 | (3.45) | 14.01 | |
| CIG | CI Games SA | 0.00 | 0 per month | 0.00 | (0.20) | 3.57 | (3.64) | 11.19 | |
| ULG | Ultimate Games SA | 0.00 | 0 per month | 2.03 | (0.02) | 4.27 | (3.94) | 9.71 | |
| IGT | Igoria Trade SA | 0.00 | 0 per month | 0.00 | (0.07) | 5.00 | (4.76) | 18.33 |
Other Forecasting Options for Creotech Instruments
For every potential investor in Creotech, whether a beginner or expert, Creotech Instruments' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Creotech Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Creotech. Basic forecasting techniques help filter out the noise by identifying Creotech Instruments' price trends.Creotech Instruments 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 Creotech Instruments stock to make a market-neutral strategy. Peer analysis of Creotech Instruments could also be used in its relative valuation, which is a method of valuing Creotech Instruments by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Creotech Instruments Market Strength Events
Market strength indicators help investors to evaluate how Creotech Instruments stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Creotech Instruments shares will generate the highest return on investment. By undertsting and applying Creotech Instruments stock market strength indicators, traders can identify Creotech Instruments SA entry and exit signals to maximize returns.
| Accumulation Distribution | 653.95 | |||
| Daily Balance Of Power | (0.88) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 594.5 | |||
| Day Typical Price | 595.0 | |||
| Market Facilitation Index | 0.0016 | |||
| Price Action Indicator | (9.50) | |||
| Period Momentum Indicator | (22.00) | |||
| Relative Strength Index | 73.74 |
Creotech Instruments Risk Indicators
The analysis of Creotech Instruments' 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 Creotech Instruments' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting creotech 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 | 2.07 | |||
| Semi Deviation | 1.32 | |||
| Standard Deviation | 2.82 | |||
| Variance | 7.97 | |||
| Downside Variance | 2.9 | |||
| Semi Variance | 1.75 | |||
| Expected Short fall | (2.85) |
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 Creotech Instruments
The number of cover stories for Creotech Instruments depends on current market conditions and Creotech Instruments' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Creotech Instruments 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 Creotech Instruments' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Tools for Creotech Stock Analysis
When running Creotech Instruments' price analysis, check to measure Creotech Instruments' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Creotech Instruments is operating at the current time. Most of Creotech Instruments' value examination focuses on studying past and present price action to predict the probability of Creotech Instruments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Creotech Instruments' price. Additionally, you may evaluate how the addition of Creotech Instruments to your portfolios can decrease your overall portfolio volatility.