Fate Therapeutics Stock Forecast - Naive Prediction
| FATE Stock | USD 2.42 0.13 5.68% |
The Naive Prediction forecasted value of Fate Therapeutics on the next trading day is expected to be 2.39 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.26. Fate Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fate Therapeutics stock prices and determine the direction of Fate Therapeutics's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fate Therapeutics' historical fundamentals, such as revenue growth or operating cash flow patterns.
Fate |
Fate Therapeutics Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Fate Therapeutics' financial statements to predict how it will affect future prices.
Cash | First Reported 2011-12-31 | Previous Quarter 36.9 M | Current Value 37.9 M | Quarterly Volatility 83.4 M |
Fate Therapeutics Naive Prediction Price Forecast For the 26th of November
Given 90 days horizon, the Naive Prediction forecasted value of Fate Therapeutics on the next trading day is expected to be 2.39 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.26.Please note that although there have been many attempts to predict Fate 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 Fate Therapeutics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Fate Therapeutics Stock Forecast Pattern
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Fate Therapeutics Forecasted Value
In the context of forecasting Fate Therapeutics' 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. Fate Therapeutics' downside and upside margins for the forecasting period are 0.02 and 7.56, respectively. We have considered Fate Therapeutics' 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.
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 Fate Therapeutics stock data series using in forecasting. Note that when a statistical model is used to represent Fate Therapeutics 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.| AIC | Akaike Information Criteria | 114.5081 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1353 |
| MAPE | Mean absolute percentage error | 0.0454 |
| SAE | Sum of the absolute errors | 8.2551 |
Predictive Modules for Fate Therapeutics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fate Therapeutics. 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 Fate Therapeutics' 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.
Other Forecasting Options for Fate Therapeutics
For every potential investor in Fate, whether a beginner or expert, Fate Therapeutics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fate Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fate. Basic forecasting techniques help filter out the noise by identifying Fate Therapeutics' price trends.View Fate Therapeutics Related Equities
| Risk & Return | Correlation |
Fate Therapeutics 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 Fate Therapeutics' 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 Fate Therapeutics' current price.| Cycle Indicators | ||
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Fate Therapeutics Market Strength Events
Market strength indicators help investors to evaluate how Fate Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fate Therapeutics shares will generate the highest return on investment. By undertsting and applying Fate Therapeutics stock market strength indicators, traders can identify Fate Therapeutics entry and exit signals to maximize returns.
Fate Therapeutics Risk Indicators
The analysis of Fate Therapeutics' 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 Fate Therapeutics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fate 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.
| Mean Deviation | 4.08 | |||
| Standard Deviation | 5.11 | |||
| Variance | 26.13 |
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Fate Therapeutics is a strong investment it is important to analyze Fate Therapeutics' 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 Fate Therapeutics' future performance. For an informed investment choice regarding Fate Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Fate Therapeutics to cross-verify your projections. For information on how to trade Fate Stock refer to our How to Trade Fate Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Biotechnology 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 Fate Therapeutics. If investors know Fate 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 Fate Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.64) | Revenue Per Share 0.123 | Quarterly Revenue Growth 0.581 | Return On Assets (0.22) | Return On Equity (0.47) |
The market value of Fate Therapeutics is measured differently than its book value, which is the value of Fate that is recorded on the company's balance sheet. Investors also form their own opinion of Fate Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Fate Therapeutics' 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 Fate Therapeutics' market value can be influenced by many factors that don't directly affect Fate Therapeutics' 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 Fate Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fate Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fate Therapeutics' 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.