CTP NV Stock Forecast - Simple Exponential Smoothing

CTPNV Stock   18.32  0.06  0.33%   
The Simple Exponential Smoothing forecasted value of CTP NV on the next trading day is expected to be 18.32 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 9.14. CTP Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CTP NV stock prices and determine the direction of CTP NV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CTP NV's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time the value of rsi of CTP NV's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of CTP NV's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with CTP NV, which may create opportunities for some arbitrage if properly timed.
Using CTP NV hype-based prediction, you can estimate the value of CTP NV from the perspective of CTP NV response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of CTP NV on the next trading day is expected to be 18.32 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 9.14.

CTP NV after-hype prediction price

    
  EUR 18.32  
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 CTP NV to cross-verify your projections.

CTP NV Additional Predictive Modules

Most predictive techniques to examine CTP price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CTP using various technical indicators. When you analyze CTP 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.
CTP NV simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for CTP NV are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as CTP NV prices get older.

CTP NV Simple Exponential Smoothing Price Forecast For the 25th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of CTP NV on the next trading day is expected to be 18.32 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.14.
Please note that although there have been many attempts to predict CTP 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 CTP NV's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CTP NV Stock Forecast Pattern

Backtest CTP NVCTP NV Price PredictionBuy or Sell Advice 

CTP NV Forecasted Value

In the context of forecasting CTP NV'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. CTP NV's downside and upside margins for the forecasting period are 17.26 and 19.38, respectively. We have considered CTP NV'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.
Market Value
18.32
18.32
Expected Value
19.38
Upside

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 CTP NV stock data series using in forecasting. Note that when a statistical model is used to represent CTP NV 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.
AICAkaike Information Criteria112.986
BiasArithmetic mean of the errors -3.0E-4
MADMean absolute deviation0.1523
MAPEMean absolute percentage error0.0084
SAESum of the absolute errors9.14
This simple exponential smoothing model begins by setting CTP NV forecast for the second period equal to the observation of the first period. In other words, recent CTP NV observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for CTP NV

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CTP NV. 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 CTP NV's 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.
Hype
Prediction
LowEstimatedHigh
17.2618.3219.38
Details
Intrinsic
Valuation
LowRealHigh
17.2718.3219.38
Details
Bollinger
Band Projection (param)
LowMiddleHigh
17.0718.0419.01
Details

CTP NV After-Hype Price Prediction Density Analysis

As far as predicting the price of CTP NV 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 CTP NV 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 CTP NV, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

CTP NV Estimiated After-Hype Price Volatility

In the context of predicting CTP NV's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on CTP NV's historical news coverage. CTP NV's after-hype downside and upside margins for the prediction period are 17.26 and 19.38, respectively. We have considered CTP NV'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
18.32
18.32
After-hype Price
19.38
Upside
CTP NV is very steady at this time. Analysis and calculation of next after-hype price of CTP NV is based on 3 months time horizon.

CTP NV Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as CTP NV is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CTP NV 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 CTP NV, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.02 
1.06
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
18.32
18.32
0.00 
0.00  
Notes

CTP NV Hype Timeline

CTP NV is currently traded for 18.32on Euronext Amsterdam of Netherlands. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. CTP is forecasted 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 forecasted to be very small, whereas the daily expected return is currently at -0.02%. %. The volatility of related hype on CTP NV is about 0.0%, with the expected price after the next announcement by competition of 18.32. About 76.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.99. Some equities with similar Price to Book (P/B) outperform the market in the long run. CTP NV last dividend was issued on the 12th of August 2022. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of CTP NV to cross-verify your projections.

CTP NV Related Hype Analysis

Having access to credible news sources related to CTP NV's direct competition is more important than ever and may enhance your ability to predict CTP NV's future price movements. Getting to know how CTP NV'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 CTP NV may potentially react to the hype associated with one of its peers.

Other Forecasting Options for CTP NV

For every potential investor in CTP, whether a beginner or expert, CTP NV's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CTP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CTP. Basic forecasting techniques help filter out the noise by identifying CTP NV's price trends.

CTP NV 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 CTP NV stock to make a market-neutral strategy. Peer analysis of CTP NV could also be used in its relative valuation, which is a method of valuing CTP NV by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

CTP NV Market Strength Events

Market strength indicators help investors to evaluate how CTP NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CTP NV shares will generate the highest return on investment. By undertsting and applying CTP NV stock market strength indicators, traders can identify CTP NV entry and exit signals to maximize returns.

CTP NV Risk Indicators

The analysis of CTP NV'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 CTP NV's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ctp 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.
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 CTP NV

The number of cover stories for CTP NV depends on current market conditions and CTP NV's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that CTP NV 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 CTP NV's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Other Information on Investing in CTP Stock

CTP NV financial ratios help investors to determine whether CTP Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CTP with respect to the benefits of owning CTP NV security.