Powell Industries Stock Forecast - Naive Prediction
| POWL Stock | USD 261.34 4.11 1.60% |
The Naive Prediction forecasted value of Powell Industries on the next trading day is expected to be 262.34 with a mean absolute deviation of 13.33 and the sum of the absolute errors of 812.91. Powell Stock Forecast is based on your current time horizon. Although Powell Industries' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Powell Industries' systematic risk associated with finding meaningful patterns of Powell Industries fundamentals over time.
Powell |
Open Interest Against 2025-03-21 Powell Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Powell Industries' 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 Powell Industries' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Powell Industries 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 Powell Industries' open interest, investors have to compare it to Powell Industries' 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 Powell Industries 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 Powell. 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.
Powell Industries Cash Forecast
To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the Powell Industries' financial statements, predicting their influence on future market prices.
Cash | First Reported 1985-09-30 | Previous Quarter 332 M | Current Value 315.3 M | Quarterly Volatility 68.3 M |
Powell Industries Naive Prediction Price Forecast For the 19th of January
Given 90 days horizon, the Naive Prediction forecasted value of Powell Industries on the next trading day is expected to be 262.34 with a mean absolute deviation of 13.33, mean absolute percentage error of 314.25, and the sum of the absolute errors of 812.91.Please note that although there have been many attempts to predict Powell 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 Powell Industries' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Powell Industries Stock Forecast Pattern
| Backtest Powell Industries | Powell Industries Price Prediction | Buy or Sell Advice |
Powell Industries Forecasted Value
In the context of forecasting Powell Industries' 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. Powell Industries' downside and upside margins for the forecasting period are 257.00 and 267.68, respectively. We have considered Powell Industries' 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 Powell Industries stock data series using in forecasting. Note that when a statistical model is used to represent Powell Industries 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 | 123.8607 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 13.3264 |
| MAPE | Mean absolute percentage error | 0.0477 |
| SAE | Sum of the absolute errors | 812.9116 |
Predictive Modules for Powell Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Powell Industries. 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 Powell Industries' 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.
Other Forecasting Options for Powell Industries
For every potential investor in Powell, whether a beginner or expert, Powell Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Powell Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Powell. Basic forecasting techniques help filter out the noise by identifying Powell Industries' price trends.Powell Industries 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 Powell Industries stock to make a market-neutral strategy. Peer analysis of Powell Industries could also be used in its relative valuation, which is a method of valuing Powell Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Powell Industries 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 Powell Industries' 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 Powell Industries' current price.| Cycle Indicators | ||
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Powell Industries Market Strength Events
Market strength indicators help investors to evaluate how Powell Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Powell Industries shares will generate the highest return on investment. By undertsting and applying Powell Industries stock market strength indicators, traders can identify Powell Industries entry and exit signals to maximize returns.
Powell Industries Risk Indicators
The analysis of Powell Industries' 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 Powell Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting powell 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 | |||
| Semi Deviation | 4.6 | |||
| Standard Deviation | 5.25 | |||
| Variance | 27.56 | |||
| Downside Variance | 21.89 | |||
| Semi Variance | 21.15 | |||
| Expected Short fall | (4.40) |
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.
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Is Electrical Components & Equipment 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 Powell Industries. If investors know Powell 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 Powell Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.493 | Earnings Share 12.49 | Revenue Per Share | Quarterly Revenue Growth 0.498 | Return On Assets |
The market value of Powell Industries is measured differently than its book value, which is the value of Powell that is recorded on the company's balance sheet. Investors also form their own opinion of Powell Industries' value that differs from its market value or its book value, called intrinsic value, which is Powell Industries' 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 Powell Industries' market value can be influenced by many factors that don't directly affect Powell Industries' 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 Powell Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Powell Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Powell Industries' 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.