Nature Wood Stock Forecast - Simple Exponential Smoothing
| NWGL Stock | 1.23 0.11 9.82% |
The Simple Exponential Smoothing forecasted value of Nature Wood Group on the next trading day is expected to be 1.23 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.92. Nature Stock Forecast is based on your current time horizon. Although Nature Wood's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Nature Wood's systematic risk associated with finding meaningful patterns of Nature Wood fundamentals over time.
As of now the relative strength index (rsi) of Nature Wood's share price is below 20 . This indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Revenue Growth (0.31) |
Using Nature Wood hype-based prediction, you can estimate the value of Nature Wood Group from the perspective of Nature Wood response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Nature Wood Group on the next trading day is expected to be 1.23 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.92. Nature Wood after-hype prediction price | USD 1.18 |
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 Nature Wood to cross-verify your projections. Nature Wood Additional Predictive Modules
Most predictive techniques to examine Nature price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nature using various technical indicators. When you analyze Nature 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 |
Nature Wood Simple Exponential Smoothing Price Forecast For the 25th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Nature Wood Group on the next trading day is expected to be 1.23 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 2.92.Please note that although there have been many attempts to predict Nature 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 Nature Wood's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Nature Wood Stock Forecast Pattern
| Backtest Nature Wood | Nature Wood Price Prediction | Buy or Sell Advice |
Nature Wood Forecasted Value
In the context of forecasting Nature Wood'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. Nature Wood's downside and upside margins for the forecasting period are 0.01 and 7.19, respectively. We have considered Nature Wood'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Nature Wood stock data series using in forecasting. Note that when a statistical model is used to represent Nature Wood 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 | 111.0401 |
| Bias | Arithmetic mean of the errors | 0.0077 |
| MAD | Mean absolute deviation | 0.0487 |
| MAPE | Mean absolute percentage error | 0.0383 |
| SAE | Sum of the absolute errors | 2.92 |
Predictive Modules for Nature Wood
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nature Wood Group. 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.Nature Wood After-Hype Price Prediction Density Analysis
As far as predicting the price of Nature Wood 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 Nature Wood 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 Nature Wood, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Nature Wood Estimiated After-Hype Price Volatility
In the context of predicting Nature Wood's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nature Wood's historical news coverage. Nature Wood's after-hype downside and upside margins for the prediction period are 0.06 and 7.20, respectively. We have considered Nature Wood'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
Nature Wood is extremely dangerous at this time. Analysis and calculation of next after-hype price of Nature Wood Group is based on 3 months time horizon.
Nature Wood Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Nature Wood is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nature Wood 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 Nature Wood, 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 |
0.36 | 5.96 | 0.04 | 0.01 | 2 Events / Month | 6 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
1.23 | 1.18 | 4.07 |
|
Nature Wood Hype Timeline
Nature Wood Group is now traded for 1.23. The entity has historical hype elasticity of -0.04, and average elasticity to hype of competition of 0.01. Nature is forecasted to decline in value after the next headline, with the price expected to drop to 1.18. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -4.07%, whereas the daily expected return is now at -0.36%. The volatility of related hype on Nature Wood is about 24833.33%, with the expected price after the next announcement by competition of 1.24. About 70.0% of the company outstanding shares are owned by corporate insiders. The book value of Nature Wood was now reported as 0.58. The company recorded a loss per share of 0.6. Nature Wood Group had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Nature Wood to cross-verify your projections.Nature Wood Related Hype Analysis
Having access to credible news sources related to Nature Wood's direct competition is more important than ever and may enhance your ability to predict Nature Wood's future price movements. Getting to know how Nature Wood'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 Nature Wood may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AUST | Austin Gold Corp | 0.77 | 29 per month | 4.98 | 0.01 | 10.17 | (9.30) | 22.73 | |
| JCTC | Jewett Cameron Trading | (0.13) | 10 per month | 0.00 | (0.16) | 7.80 | (7.66) | 23.52 | |
| STAI | ScanTech AI Systems | 0.04 | 8 per month | 0.00 | (0.18) | 12.65 | (13.75) | 53.71 | |
| ELBM | Electra Battery Materials | 0.03 | 8 per month | 0.00 | (0.11) | 9.47 | (9.52) | 23.01 | |
| SNES | SenesTech | 0.11 | 7 per month | 0.00 | (0.25) | 6.27 | (7.61) | 19.56 | |
| ASTL | Algoma Steel Group | 0.00 | 8 per month | 3.49 | 0.05 | 7.21 | (6.12) | 20.68 | |
| HUDI | Huadi International Group | (0.59) | 6 per month | 0.00 | (0.03) | 5.74 | (5.26) | 15.47 | |
| ITP | IT Tech Packaging | 0.00 | 6 per month | 0.00 | (0.06) | 4.55 | (4.35) | 16.03 | |
| ZKIN | ZK International Group | 0.01 | 5 per month | 5.35 | 0 | 13.49 | (9.04) | 30.74 | |
| ODVWZ | Osisko Development Corp | 0.00 | 7 per month | 12.00 | 0.02 | 23.53 | (21.87) | 91.11 |
Other Forecasting Options for Nature Wood
For every potential investor in Nature, whether a beginner or expert, Nature Wood's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nature Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nature. Basic forecasting techniques help filter out the noise by identifying Nature Wood's price trends.Nature Wood 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 Nature Wood stock to make a market-neutral strategy. Peer analysis of Nature Wood could also be used in its relative valuation, which is a method of valuing Nature Wood by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nature Wood Market Strength Events
Market strength indicators help investors to evaluate how Nature Wood stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nature Wood shares will generate the highest return on investment. By undertsting and applying Nature Wood stock market strength indicators, traders can identify Nature Wood Group entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.1 | |||
| Day Median Price | 1.23 | |||
| Day Typical Price | 1.23 | |||
| Price Action Indicator | 0.055 | |||
| Period Momentum Indicator | 0.11 |
Nature Wood Risk Indicators
The analysis of Nature Wood'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 Nature Wood's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nature 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 | 3.91 | |||
| Standard Deviation | 5.98 | |||
| Variance | 35.78 |
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 Nature Wood
The number of cover stories for Nature Wood depends on current market conditions and Nature Wood's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nature Wood 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 Nature Wood's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Nature Wood Short Properties
Nature Wood's future price predictability will typically decrease when Nature Wood's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Nature Wood Group often depends not only on the future outlook of the potential Nature Wood'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. Nature Wood's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 16.6 M | |
| Cash And Short Term Investments | 3 M |
Check out Historical Fundamental Analysis of Nature Wood to cross-verify your projections. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Paper & Forest Products 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 Nature Wood. If investors know Nature 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 Nature Wood listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.60) | Revenue Per Share | Quarterly Revenue Growth (0.31) | Return On Assets | Return On Equity |
The market value of Nature Wood Group is measured differently than its book value, which is the value of Nature that is recorded on the company's balance sheet. Investors also form their own opinion of Nature Wood's value that differs from its market value or its book value, called intrinsic value, which is Nature Wood'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 Nature Wood's market value can be influenced by many factors that don't directly affect Nature Wood'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 Nature Wood's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nature Wood is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nature Wood'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.