Skillful Craftsman Stock Forward View - Simple Exponential Smoothing

EDTK Stock  USD 0.95  0.03  3.06%   
Skillful Stock outlook is based on your current time horizon. Although Skillful Craftsman's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Skillful Craftsman's systematic risk associated with finding meaningful patterns of Skillful Craftsman fundamentals over time.
As of now the relative strength indicator of Skillful Craftsman'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 Skillful Craftsman's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Skillful Craftsman Education, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Skillful Craftsman's stock price prediction:
Quarterly Earnings Growth
(0.23)
Quarterly Revenue Growth
(0.92)
Using Skillful Craftsman hype-based prediction, you can estimate the value of Skillful Craftsman Education from the perspective of Skillful Craftsman response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Skillful Craftsman Education on the next trading day is expected to be 0.95 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.17.

Skillful Craftsman after-hype prediction price

    
  USD 0.95  
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 Skillful Craftsman to cross-verify your projections.

Skillful Craftsman Additional Predictive Modules

Most predictive techniques to examine Skillful price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Skillful using various technical indicators. When you analyze Skillful 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.
Skillful Craftsman 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 Skillful Craftsman Education are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Skillful Craftsman prices get older.

Skillful Craftsman Simple Exponential Smoothing Price Forecast For the 10th of February

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Skillful Craftsman Education on the next trading day is expected to be 0.95 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0007, and the sum of the absolute errors of 1.17.
Please note that although there have been many attempts to predict Skillful 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 Skillful Craftsman's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Skillful Craftsman Stock Forecast Pattern

Backtest Skillful Craftsman  Skillful Craftsman Price Prediction  Research Analysis  

Skillful Craftsman Forecasted Value

In the context of forecasting Skillful Craftsman'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. Skillful Craftsman's downside and upside margins for the forecasting period are 0.01 and 3.63, respectively. We have considered Skillful Craftsman'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
0.95
0.95
Expected Value
3.63
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 Skillful Craftsman stock data series using in forecasting. Note that when a statistical model is used to represent Skillful Craftsman 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 Criteria108.9381
BiasArithmetic mean of the errors 0.0022
MADMean absolute deviation0.0195
MAPEMean absolute percentage error0.0201
SAESum of the absolute errors1.1713
This simple exponential smoothing model begins by setting Skillful Craftsman Education forecast for the second period equal to the observation of the first period. In other words, recent Skillful Craftsman observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Skillful Craftsman

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Skillful Craftsman. 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 Skillful Craftsman'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
0.050.953.63
Details
Intrinsic
Valuation
LowRealHigh
0.040.813.49
Details

Skillful Craftsman After-Hype Price Density Analysis

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

Skillful Craftsman Estimiated After-Hype Price Volatility

In the context of predicting Skillful Craftsman's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Skillful Craftsman's historical news coverage. Skillful Craftsman's after-hype downside and upside margins for the prediction period are 0.05 and 3.63, respectively. We have considered Skillful Craftsman'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.95
0.95
After-hype Price
3.63
Upside
Skillful Craftsman is dangerous at this time. Analysis and calculation of next after-hype price of Skillful Craftsman is based on 3 months time horizon.

Skillful Craftsman Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Skillful Craftsman is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Skillful Craftsman 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 Skillful Craftsman, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.14 
2.68
 0.00  
 0.00  
6 Events / Month
2 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.95
0.95
0.00 
26,800  
Notes

Skillful Craftsman Hype Timeline

Skillful Craftsman is currently traded for 0.95. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Skillful is anticipated 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 anticipated to be very small, whereas the daily expected return is currently at -0.14%. %. The volatility of related hype on Skillful Craftsman is about 13400.0%, with the expected price after the next announcement by competition of 0.95. About 49.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.18. Some equities with similar Price to Book (P/B) outperform the market in the long run. Skillful Craftsman recorded a loss per share of 0.08. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be in about 6 days.
Check out Historical Fundamental Analysis of Skillful Craftsman to cross-verify your projections.

Skillful Craftsman Related Hype Analysis

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

Other Forecasting Options for Skillful Craftsman

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

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

Skillful Craftsman Market Strength Events

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

Skillful Craftsman Risk Indicators

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

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Skillful Craftsman Short Properties

Skillful Craftsman's future price predictability will typically decrease when Skillful Craftsman's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Skillful Craftsman Education often depends not only on the future outlook of the potential Skillful Craftsman'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. Skillful Craftsman's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding15.8 M
Cash And Short Term Investments1.2 M
When determining whether Skillful Craftsman is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Skillful Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Skillful Craftsman Education Stock. Highlighted below are key reports to facilitate an investment decision about Skillful Craftsman Education Stock:
Check out Historical Fundamental Analysis of Skillful Craftsman to cross-verify your projections.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Hotels, Restaurants & Leisure 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 Skillful Craftsman. Projected growth potential of Skillful fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Skillful Craftsman assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.23)
Earnings Share
(0.08)
Revenue Per Share
0.056
Quarterly Revenue Growth
(0.92)
Return On Assets
(0.03)
The market value of Skillful Craftsman is measured differently than its book value, which is the value of Skillful that is recorded on the company's balance sheet. Investors also form their own opinion of Skillful Craftsman's value that differs from its market value or its book value, called intrinsic value, which is Skillful Craftsman'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 Skillful Craftsman's market value can be influenced by many factors that don't directly affect Skillful Craftsman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Skillful Craftsman's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Skillful Craftsman should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Skillful Craftsman's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.