Freight Technologies Stock Forward View
| FRGT Stock | USD 0.79 0.05 6.76% |
Freight Technologies's Naive Prediction forecast is computed from observed closing prices over the selected horizon. The accuracy statistics below distinguish a well-fitted model from one that is smoothing over meaningful price movement. The Naive Prediction model projects Freight Technologies at 0.66 for the next trading day, below the most recent closing price. The Naive Prediction output reflects statistical model results and is provided for reference purposes.
Freight Technologies Cash Forecast
Predicting Freight Technologies' cash flow requires a variety of statistical methods, techniques, and algorithms. Probabilistic estimates of future performance inform valuation and risk management decisions for Freight Technologies.
Cash | First Reported 2017-06-30 | Previous Quarter 586,658 | Current Value 291,940 | Quarterly Volatility 6.64 million |
Macro event markers
Naive Prediction Price Forecast For the 9th of May
Over a 90-day horizon, the Naive Prediction model forecasts Freight Technologies at 0.66 for the next trading day, with a mean absolute deviation of 0.05 , mean absolute percentage error of 0.05 , and sum of absolute errors of 3.06 .This indicates moderate forecast accuracy — the model captures the general trend but not all short-term variation in Freight Technologies' price. This output is intended for short-term analytical reference.
Stock Forecast Pattern
| Backtest Freight Technologies | Freight Technologies Price Prediction | Research Analysis |
Forecasted Value
This forecast for Freight Technologies frames the expected trading range using downside and upside bounds rather than a single point target. Downside is estimated near 0.01 and upside near 6.04. The wide range indicates elevated uncertainty in short-term projections.
Model Predictive Factors
The table below summarizes the Naive Prediction model's error metrics for Freight Technologies stock. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 112.5259 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0501 |
| MAPE | Mean absolute percentage error | 0.0519 |
| SAE | Sum of the absolute errors | 3.0576 |
Other Forecasting Options for Freight Technologies
Analyzing Freight Technologies' price movement through moving averages at different time horizons reveals whether short-term momentum aligns with the longer-term trend. Touches of the upper or lower band in Freight Technologies' chart signal overbought or oversold conditions.Freight Technologies Related Equities
Investors studying Freight Technologies often look at related stocks within the Information Technology space to gauge pricing and results. Key comparison metrics include price-to-earnings, profit margin, and revenue growth across Freight Technologies' peer group.
| Risk & Return | Correlation |
Freight Technologies Market Strength Events
For investors tracking Freight Technologies, market strength indicators offer quantitative evaluation of stock behavior. When Rate of Change diverges from price direction, it often signals weakening momentum before a visible reversal in Freight Technologies.
Freight Technologies Risk Indicators
Analyzing Freight Technologies' basic risk indicators provides a structured view of the risk-return trade-off for freight stock. Expected shortfall estimates the average loss in the worst-case tail scenarios, going beyond what standard deviation alone captures for Freight Technologies.
| Mean Deviation | 4.09 | |||
| Standard Deviation | 5.71 | |||
| Variance | 32.64 |
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.
Freight Technologies Short Properties
Reviewing short-oriented indicators for Freight Technologies is useful because long and short participants often create very different signals for timing and volatility. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 228,209 | |
| Cash And Short Term Investments | 204,032 |
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