Cloudflare Stock Forecast - 4 Period Moving Average

NET Stock  USD 104.21  7.74  8.02%   
The 4 Period Moving Average forecasted value of Cloudflare on the next trading day is expected to be 100.31 with a mean absolute deviation of 2.54 and the sum of the absolute errors of 147.27. Cloudflare Stock Forecast is based on your current time horizon.
  
At this time, Cloudflare's Inventory Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 7.58 in 2024, whereas Payables Turnover is likely to drop 4.52 in 2024. . Common Stock Shares Outstanding is likely to drop to about 316 M in 2024. Net Loss is likely to drop to about (182.7 M) in 2024.

Open Interest Against 2024-11-22 Cloudflare Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Cloudflare'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 Cloudflare's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Cloudflare 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 Cloudflare's open interest, investors have to compare it to Cloudflare'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 Cloudflare 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 Cloudflare. 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.
A four-period moving average forecast model for Cloudflare is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Cloudflare 4 Period Moving Average Price Forecast For the 23rd of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Cloudflare on the next trading day is expected to be 100.31 with a mean absolute deviation of 2.54, mean absolute percentage error of 11.77, and the sum of the absolute errors of 147.27.
Please note that although there have been many attempts to predict Cloudflare 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 Cloudflare's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Cloudflare Stock Forecast Pattern

Backtest CloudflareCloudflare Price PredictionBuy or Sell Advice 

Cloudflare Forecasted Value

In the context of forecasting Cloudflare'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. Cloudflare's downside and upside margins for the forecasting period are 97.55 and 103.08, respectively. We have considered Cloudflare'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
104.21
100.31
Expected Value
103.08
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Cloudflare stock data series using in forecasting. Note that when a statistical model is used to represent Cloudflare 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 Criteria115.062
BiasArithmetic mean of the errors -0.9375
MADMean absolute deviation2.5392
MAPEMean absolute percentage error0.0285
SAESum of the absolute errors147.2725
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Cloudflare. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Cloudflare and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Cloudflare

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cloudflare. 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 Cloudflare's 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
102.56105.31108.06
Details
Intrinsic
Valuation
LowRealHigh
74.5277.27114.63
Details
Bollinger
Band Projection (param)
LowMiddleHigh
84.6693.07101.48
Details
34 Analysts
Consensus
LowTargetHigh
63.8270.1377.84
Details

Other Forecasting Options for Cloudflare

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

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

Cloudflare 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 Cloudflare'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 Cloudflare's current price.

Cloudflare Market Strength Events

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

Cloudflare Risk Indicators

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Cloudflare Stock Analysis

When running Cloudflare's price analysis, check to measure Cloudflare'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 Cloudflare is operating at the current time. Most of Cloudflare's value examination focuses on studying past and present price action to predict the probability of Cloudflare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cloudflare's price. Additionally, you may evaluate how the addition of Cloudflare to your portfolios can decrease your overall portfolio volatility.