Clearway Energy Stock Forecast - Simple Regression

CWENA Stock   33.60  0.35  1.03%   
Clearway Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Clearway Energy stock prices and determine the direction of Clearway Energy Class's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Clearway Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
The value of RSI of Clearway Energy's stock price is about 61 suggesting that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Clearway, making its price go up or down.

Momentum 61

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Clearway Energy's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Clearway Energy Class, which may create opportunities for some arbitrage if properly timed.
Using Clearway Energy hype-based prediction, you can estimate the value of Clearway Energy Class from the perspective of Clearway Energy response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Clearway Energy Class on the next trading day is expected to be 32.11 with a mean absolute deviation of 1.21 and the sum of the absolute errors of 73.53.

Clearway Energy after-hype prediction price

    
  USD 33.6  
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 Clearway Energy to cross-verify your projections.

Clearway Energy Additional Predictive Modules

Most predictive techniques to examine Clearway price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Clearway using various technical indicators. When you analyze Clearway 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Clearway Energy price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Clearway Energy Simple Regression Price Forecast For the 27th of January

Given 90 days horizon, the Simple Regression forecasted value of Clearway Energy Class on the next trading day is expected to be 32.11 with a mean absolute deviation of 1.21, mean absolute percentage error of 1.80, and the sum of the absolute errors of 73.53.
Please note that although there have been many attempts to predict Clearway 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 Clearway Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Clearway Energy Stock Forecast Pattern

Backtest Clearway Energy  Clearway Energy Price Prediction  Buy or Sell Advice  

Clearway Energy Forecasted Value

In the context of forecasting Clearway Energy'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. Clearway Energy's downside and upside margins for the forecasting period are 30.33 and 33.88, respectively. We have considered Clearway Energy'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
33.60
32.11
Expected Value
33.88
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Clearway Energy stock data series using in forecasting. Note that when a statistical model is used to represent Clearway Energy 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 Criteria118.6965
BiasArithmetic mean of the errors None
MADMean absolute deviation1.2054
MAPEMean absolute percentage error0.0379
SAESum of the absolute errors73.5264
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Clearway Energy Class historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Clearway Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Clearway Energy Class. 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
31.8433.6035.36
Details
Intrinsic
Valuation
LowRealHigh
25.6627.4236.96
Details
Bollinger
Band Projection (param)
LowMiddleHigh
29.5331.9134.29
Details

Clearway Energy After-Hype Price Density Analysis

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

Clearway Energy Estimiated After-Hype Price Volatility

In the context of predicting Clearway Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Clearway Energy's historical news coverage. Clearway Energy's after-hype downside and upside margins for the prediction period are 31.84 and 35.36, respectively. We have considered Clearway Energy'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
33.60
33.60
After-hype Price
35.36
Upside
Clearway Energy is very steady at this time. Analysis and calculation of next after-hype price of Clearway Energy Class is based on 3 months time horizon.

Clearway Energy Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Clearway Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Clearway Energy 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 Clearway Energy, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.23 
1.77
  0.01 
  0.03 
4 Events / Month
1 Events / Month
In about 4 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
33.60
33.60
0.00 
4,425  
Notes

Clearway Energy Hype Timeline

Clearway Energy Class is currently traded for 33.60. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.03. Clearway is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at 0.23%. %. The volatility of related hype on Clearway Energy is about 1490.53%, with the expected price after the next announcement by competition of 33.63. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next estimated press release will be in about 4 days.
Check out Historical Fundamental Analysis of Clearway Energy to cross-verify your projections.

Clearway Energy Related Hype Analysis

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

Other Forecasting Options for Clearway Energy

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

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

Clearway Energy Market Strength Events

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

Clearway Energy Risk Indicators

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

The number of cover stories for Clearway Energy depends on current market conditions and Clearway Energy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Clearway Energy 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 Clearway Energy'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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Clearway Energy Short Properties

Clearway Energy's future price predictability will typically decrease when Clearway Energy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Clearway Energy Class often depends not only on the future outlook of the potential Clearway Energy'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. Clearway Energy's indicators that are reflective of the short sentiment are summarized in the table below.
Dividends Paid211 M
Cash And Short Term Investments268 M
When determining whether Clearway Energy Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clearway Energy'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 Clearway Energy Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clearway Energy Class Stock:
Check out Historical Fundamental Analysis of Clearway Energy to cross-verify your projections.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Stock 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 Clearway Energy. If investors know Clearway 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 Clearway Energy 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 Clearway Energy Class is measured differently than its book value, which is the value of Clearway that is recorded on the company's balance sheet. Investors also form their own opinion of Clearway Energy's value that differs from its market value or its book value, called intrinsic value, which is Clearway Energy'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 Clearway Energy's market value can be influenced by many factors that don't directly affect Clearway Energy'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 Clearway Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearway Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearway Energy'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.