Curiositystream Stock Forecast - Double Exponential Smoothing

CURI Stock  USD 1.83  0.03  1.67%   
The Double Exponential Smoothing forecasted value of Curiositystream on the next trading day is expected to be 1.83 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.15. Curiositystream Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Curiositystream's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Curiositystream's Inventory Turnover is increasing as compared to previous years. The Curiositystream's current Fixed Asset Turnover is estimated to increase to 18.10, while Payables Turnover is projected to decrease to 4.97. . The current Common Stock Shares Outstanding is estimated to decrease to about 49.1 M. The current Net Loss is estimated to decrease to about (45.4 M).
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Curiositystream works best with periods where there are trends or seasonality.

Curiositystream Double Exponential Smoothing Price Forecast For the 30th of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Curiositystream on the next trading day is expected to be 1.83 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.15.
Please note that although there have been many attempts to predict Curiositystream 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 Curiositystream's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Curiositystream Stock Forecast Pattern

Backtest CuriositystreamCuriositystream Price PredictionBuy or Sell Advice 

Curiositystream Forecasted Value

In the context of forecasting Curiositystream'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. Curiositystream's downside and upside margins for the forecasting period are 0.02 and 8.86, respectively. We have considered Curiositystream'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
1.83
1.83
Expected Value
8.86
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Curiositystream stock data series using in forecasting. Note that when a statistical model is used to represent Curiositystream 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0036
MADMean absolute deviation0.0873
MAPEMean absolute percentage error0.0428
SAESum of the absolute errors5.15
When Curiositystream prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Curiositystream trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Curiositystream observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Curiositystream

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Curiositystream. 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.
Hype
Prediction
LowEstimatedHigh
0.091.808.89
Details
Intrinsic
Valuation
LowRealHigh
0.081.588.67
Details
2 Analysts
Consensus
LowTargetHigh
1.521.671.85
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.05-0.05-0.05
Details

Other Forecasting Options for Curiositystream

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

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

Curiositystream 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 Curiositystream'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 Curiositystream's current price.

Curiositystream Market Strength Events

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

Curiositystream Risk Indicators

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

Currently Active Assets on Macroaxis

When determining whether Curiositystream is a strong investment it is important to analyze Curiositystream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Curiositystream's future performance. For an informed investment choice regarding Curiositystream Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Curiositystream to cross-verify your projections.
For more detail on how to invest in Curiositystream Stock please use our How to Invest in Curiositystream guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Movies & Entertainment 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 Curiositystream. If investors know Curiositystream 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 Curiositystream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.075
Earnings Share
(0.28)
Revenue Per Share
0.964
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.09)
The market value of Curiositystream is measured differently than its book value, which is the value of Curiositystream that is recorded on the company's balance sheet. Investors also form their own opinion of Curiositystream's value that differs from its market value or its book value, called intrinsic value, which is Curiositystream'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 Curiositystream's market value can be influenced by many factors that don't directly affect Curiositystream'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 Curiositystream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Curiositystream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Curiositystream'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.