Earthfirst Techs Stock Forecast - Naive Prediction

The Naive Prediction forecasted value of Earthfirst Techs on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Earthfirst Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Earthfirst Techs' historical fundamentals, such as revenue growth or operating cash flow patterns.
As of now, Earthfirst Techs' Fixed Asset Turnover is increasing as compared to previous years. The Earthfirst Techs' current Asset Turnover is estimated to increase to 1.74, while Inventory Turnover is projected to decrease to 7.56. . The Earthfirst Techs' current Net Loss is estimated to increase to about (17 M).

Earthfirst Techs Cash Forecast

Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Earthfirst Techs' financial statements, enabling forecasts of their impact on future stock prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
103.5 K
Current Value
98.3 K
Quarterly Volatility
351.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Earthfirst Techs is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Earthfirst Techs value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Earthfirst Techs Naive Prediction Price Forecast For the 26th of December

Given 90 days horizon, the Naive Prediction forecasted value of Earthfirst Techs on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Earthfirst 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 Earthfirst Techs' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Earthfirst Techs Stock Forecast Pattern

Backtest Earthfirst TechsEarthfirst Techs Price PredictionBuy or Sell Advice 

Earthfirst Techs Forecasted Value

In the context of forecasting Earthfirst Techs' 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. Earthfirst Techs' downside and upside margins for the forecasting period are 0.00 and 0.00, respectively. We have considered Earthfirst Techs' 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
0.00
0.00
Expected Value
0.00
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Earthfirst Techs stock data series using in forecasting. Note that when a statistical model is used to represent Earthfirst Techs 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 Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of Earthfirst Techs. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Earthfirst Techs. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Earthfirst Techs

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Earthfirst Techs. 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 Earthfirst Techs' 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
0.000.000.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.00
Details

Other Forecasting Options for Earthfirst Techs

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

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

Earthfirst Techs 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 Earthfirst Techs' 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 Earthfirst Techs' current price.

Currently Active Assets on Macroaxis

When determining whether Earthfirst Techs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Earthfirst Techs' 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 Earthfirst Techs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Earthfirst Techs Stock:
Check out Historical Fundamental Analysis of Earthfirst Techs to cross-verify your projections.
For more detail on how to invest in Earthfirst Stock please use our How to Invest in Earthfirst Techs guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Environmental & Facilities Services 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 Earthfirst Techs. If investors know Earthfirst 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 Earthfirst Techs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.05
Quarterly Revenue Growth
(0.55)
Return On Assets
(0.25)
Return On Equity
(14.08)
The market value of Earthfirst Techs is measured differently than its book value, which is the value of Earthfirst that is recorded on the company's balance sheet. Investors also form their own opinion of Earthfirst Techs' value that differs from its market value or its book value, called intrinsic value, which is Earthfirst Techs' 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 Earthfirst Techs' market value can be influenced by many factors that don't directly affect Earthfirst Techs' 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 Earthfirst Techs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Earthfirst Techs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Earthfirst Techs' 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.