Faraday Future Stock Forecast - Naive Prediction

FFIE Stock  USD 1.42  0.09  5.96%   
The Naive Prediction forecasted value of Faraday Future Intelligent on the next trading day is expected to be 1.68 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 9.07. Faraday Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Faraday Future stock prices and determine the direction of Faraday Future Intelligent's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Faraday Future's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Faraday Future's Payables Turnover is projected to increase slightly based on the last few years of reporting. . As of November 26, 2024, Common Stock Shares Outstanding is expected to decline to about 228.8 K. In addition to that, Net Loss is expected to decline to about (521.7 M).

Faraday Future Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Faraday Future's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
1.9 M
Current Value
1.8 M
Quarterly Volatility
129.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Faraday Future is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Faraday Future Intelligent 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.

Faraday Future Naive Prediction Price Forecast For the 27th of November

Given 90 days horizon, the Naive Prediction forecasted value of Faraday Future Intelligent on the next trading day is expected to be 1.68 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.06, and the sum of the absolute errors of 9.07.
Please note that although there have been many attempts to predict Faraday 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 Faraday Future's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Faraday Future Stock Forecast Pattern

Backtest Faraday FutureFaraday Future Price PredictionBuy or Sell Advice 

Faraday Future Forecasted Value

In the context of forecasting Faraday Future'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. Faraday Future's downside and upside margins for the forecasting period are 0.01 and 11.37, respectively. We have considered Faraday Future'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
1.42
1.68
Expected Value
11.37
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 Faraday Future stock data series using in forecasting. Note that when a statistical model is used to represent Faraday Future 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 Criteria117.0804
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1463
MAPEMean absolute percentage error0.0534
SAESum of the absolute errors9.069
This model is not at all useful as a medium-long range forecasting tool of Faraday Future Intelligent. 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 Faraday Future. 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 Faraday Future

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Faraday Future Intel. 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
0.061.2710.96
Details
Intrinsic
Valuation
LowRealHigh
0.183.5513.24
Details
0 Analysts
Consensus
LowTargetHigh
9.1010.0011.10
Details

Other Forecasting Options for Faraday Future

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

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

Faraday Future Intel 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 Faraday Future'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 Faraday Future's current price.

Faraday Future Market Strength Events

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

Faraday Future Risk Indicators

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

Also Currently Popular

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 Faraday Future Intel is a strong investment it is important to analyze Faraday Future'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 Faraday Future's future performance. For an informed investment choice regarding Faraday Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Faraday Future to cross-verify your projections.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Automobile Manufacturers 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 Faraday Future. If investors know Faraday 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 Faraday Future listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
974.08
Revenue Per Share
0.378
Return On Assets
(0.27)
Return On Equity
(1.50)
The market value of Faraday Future Intel is measured differently than its book value, which is the value of Faraday that is recorded on the company's balance sheet. Investors also form their own opinion of Faraday Future's value that differs from its market value or its book value, called intrinsic value, which is Faraday Future'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 Faraday Future's market value can be influenced by many factors that don't directly affect Faraday Future'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 Faraday Future's value and its price as these two are different measures arrived at by different means. Investors typically determine if Faraday Future is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Faraday Future'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.