Canada Goose Stock Forecast - Naive Prediction
| GOOS Stock | USD 12.84 0.01 0.08% |
Canada Stock outlook is based on your current time horizon.
At this time, the relative strength index (RSI) of Canada Goose's share price is approaching 46. This usually indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Canada Goose, making its price go up or down. Momentum 46
Impartial
Oversold | Overbought |
Quarterly Earnings Growth 5.366 | EPS Estimate Next Quarter 1.1613 | EPS Estimate Current Year 0.6866 | EPS Estimate Next Year 0.8144 | Wall Street Target Price 11.4 |
Using Canada Goose hype-based prediction, you can estimate the value of Canada Goose Holdings from the perspective of Canada Goose response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Canada Goose using Canada Goose's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Canada using crowd psychology based on the activity and movement of Canada Goose's stock price.
Canada Goose Short Interest
An investor who is long Canada Goose may also wish to track short interest. As short interest increases, investors should be becoming more worried about Canada Goose and may potentially protect profits, hedge Canada Goose with its derivative instruments, or be ready for some potential downside.
200 Day MA 12.2108 | Short Percent 0.085 | Short Ratio 4.18 | Shares Short Prior Month 4 M | 50 Day MA 13.1416 |
Canada Relative Strength Index
The Naive Prediction forecasted value of Canada Goose Holdings on the next trading day is expected to be 12.09 with a mean absolute deviation of 0.37 and the sum of the absolute errors of 22.76.Canada Goose Holdings Hype to Price Pattern
Investor biases related to Canada Goose's public news can be used to forecast risks associated with an investment in Canada. The trend in average sentiment can be used to explain how an investor holding Canada can time the market purely based on public headlines and social activities around Canada Goose Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Canada Goose's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Canada Goose.
Canada Goose Implied Volatility | 0.73 |
Canada Goose's implied volatility exposes the market's sentiment of Canada Goose Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Canada Goose's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Canada Goose stock will not fluctuate a lot when Canada Goose's options are near their expiration.
The Naive Prediction forecasted value of Canada Goose Holdings on the next trading day is expected to be 12.09 with a mean absolute deviation of 0.37 and the sum of the absolute errors of 22.76.
Canada Goose after-hype prediction price | USD 12.84 |
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 Canada Goose to cross-verify your projections. Prediction based on Rule 16 of the current Canada contract
Based on the Rule 16, the options market is currently suggesting that Canada Goose Holdings will have an average daily up or down price movement of about 0.0456% per day over the life of the 2026-04-17 option contract. With Canada Goose trading at USD 12.84, that is roughly USD 0.005858 . If you think that the market is fully incorporating Canada Goose's daily price movement you should consider acquiring Canada Goose Holdings options at the current volatility level of 0.73%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-04-17 Canada Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Canada Goose's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Canada Goose's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Canada Goose stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Canada Goose's open interest, investors have to compare it to Canada Goose's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Canada Goose is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Canada. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Canada Goose Additional Predictive Modules
Most predictive techniques to examine Canada price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Canada using various technical indicators. When you analyze Canada 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Canada Goose's financial statements to predict how it will affect future prices.
Cash | First Reported 2015-03-31 | Previous Quarter 180.5 M | Current Value 285.2 M | Quarterly Volatility 135.8 M |
Canada Goose Naive Prediction Price Forecast For the 26th of January
Given 90 days horizon, the Naive Prediction forecasted value of Canada Goose Holdings on the next trading day is expected to be 12.09 with a mean absolute deviation of 0.37, mean absolute percentage error of 0.22, and the sum of the absolute errors of 22.76.Please note that although there have been many attempts to predict Canada 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 Canada Goose's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Canada Goose Stock Forecast Pattern
| Backtest Canada Goose | Canada Goose Price Prediction | Buy or Sell Advice |
Canada Goose Forecasted Value
In the context of forecasting Canada Goose'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. Canada Goose's downside and upside margins for the forecasting period are 9.03 and 15.15, respectively. We have considered Canada Goose'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.
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 Canada Goose stock data series using in forecasting. Note that when a statistical model is used to represent Canada Goose 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 | 116.6057 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3731 |
| MAPE | Mean absolute percentage error | 0.0282 |
| SAE | Sum of the absolute errors | 22.7609 |
Predictive Modules for Canada Goose
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Canada Goose Holdings. 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.Canada Goose After-Hype Price Density Analysis
As far as predicting the price of Canada Goose 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 Canada Goose 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 Canada Goose, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Canada Goose Estimiated After-Hype Price Volatility
In the context of predicting Canada Goose's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Canada Goose's historical news coverage. Canada Goose's after-hype downside and upside margins for the prediction period are 9.78 and 15.90, respectively. We have considered Canada Goose'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Canada Goose is somewhat reliable at this time. Analysis and calculation of next after-hype price of Canada Goose Holdings is based on 3 months time horizon.
Canada Goose Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Canada Goose is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canada Goose 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 Canada Goose, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.09 | 3.06 | 0.03 | 0.00 | 16 Events / Month | 6 Events / Month | In about 16 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
12.84 | 12.84 | 0.00 |
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Canada Goose Hype Timeline
Canada Goose Holdings is currently traded for 12.84. The entity has historical hype elasticity of -0.03, and average elasticity to hype of competition of 0.0. Canada is estimated 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 estimated to be very small, whereas the daily expected return is currently at -0.09%. %. The volatility of related hype on Canada Goose is about 9000.0%, with the expected price after the next announcement by competition of 12.84. About 66.0% of the company shares are owned by institutional investors. The book value of Canada Goose was currently reported as 3.18. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next estimated press release will be in about 16 days. Check out Historical Fundamental Analysis of Canada Goose to cross-verify your projections.Canada Goose Related Hype Analysis
Having access to credible news sources related to Canada Goose's direct competition is more important than ever and may enhance your ability to predict Canada Goose's future price movements. Getting to know how Canada Goose'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 Canada Goose may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FIGS | Figs Inc | 0.00 | 0 per month | 2.05 | 0.14 | 6.26 | (3.70) | 19.88 | |
| GIII | G III Apparel Group | (0.36) | 11 per month | 1.71 | 0.01 | 3.85 | (2.62) | 9.35 | |
| WINA | Winmark | 3.63 | 9 per month | 2.01 | 0.02 | 3.40 | (3.09) | 9.64 | |
| AIN | Albany International | (0.39) | 7 per month | 0.00 | (0.04) | 3.53 | (3.73) | 10.65 | |
| RERE | ATRenew Inc DRC | (0.36) | 2 per month | 2.09 | 0.18 | 6.33 | (3.03) | 13.51 | |
| ARHS | Arhaus Inc | (0.36) | 7 per month | 0.00 | (0.04) | 4.68 | (3.69) | 12.28 | |
| TRS | TriMas | (0.55) | 20 per month | 0.00 | (0.11) | 2.32 | (3.19) | 9.58 | |
| SBH | Sally Beauty Holdings | (0.36) | 15 per month | 2.72 | (0) | 4.28 | (4.37) | 11.38 | |
| LZB | La Z Boy Incorporated | (0.36) | 2 per month | 1.38 | 0.07 | 3.61 | (2.87) | 23.52 | |
| RVLV | Revolve Group LLC | (0.55) | 10 per month | 2.18 | 0.13 | 6.43 | (3.71) | 16.41 |
Other Forecasting Options for Canada Goose
For every potential investor in Canada, whether a beginner or expert, Canada Goose's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Canada Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Canada. Basic forecasting techniques help filter out the noise by identifying Canada Goose's price trends.Canada Goose 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 Canada Goose stock to make a market-neutral strategy. Peer analysis of Canada Goose could also be used in its relative valuation, which is a method of valuing Canada Goose by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Canada Goose Market Strength Events
Market strength indicators help investors to evaluate how Canada Goose stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canada Goose shares will generate the highest return on investment. By undertsting and applying Canada Goose stock market strength indicators, traders can identify Canada Goose Holdings entry and exit signals to maximize returns.
Canada Goose Risk Indicators
The analysis of Canada Goose'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 Canada Goose's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting canada 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 | 2.07 | |||
| Semi Deviation | 3.68 | |||
| Standard Deviation | 3.01 | |||
| Variance | 9.07 | |||
| Downside Variance | 14.04 | |||
| Semi Variance | 13.55 | |||
| Expected Short fall | (1.91) |
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 Canada Goose
The number of cover stories for Canada Goose depends on current market conditions and Canada Goose's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Canada Goose 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 Canada Goose's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Canada Goose Short Properties
Canada Goose's future price predictability will typically decrease when Canada Goose's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Canada Goose Holdings often depends not only on the future outlook of the potential Canada Goose'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. Canada Goose's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 98.1 M | |
| Cash And Short Term Investments | 334.4 M |
Additional Tools for Canada Stock Analysis
When running Canada Goose's price analysis, check to measure Canada Goose's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canada Goose is operating at the current time. Most of Canada Goose's value examination focuses on studying past and present price action to predict the probability of Canada Goose's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Goose's price. Additionally, you may evaluate how the addition of Canada Goose to your portfolios can decrease your overall portfolio volatility.