Cohen Steers Stock Forecast - Naive Prediction

PTA Stock  USD 20.00  0.35  1.72%   
The Naive Prediction forecasted value of Cohen Steers Tax Advantaged on the next trading day is expected to be 20.13 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 6.26. Cohen Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cohen Steers stock prices and determine the direction of Cohen Steers Tax Advantaged's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Cohen Steers' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of November 22, 2024, Receivables Turnover is expected to decline to -0.1. In addition to that, Asset Turnover is expected to decline to -0.0015. As of November 22, 2024, Common Stock Shares Outstanding is expected to decline to about 58.1 M.

Cohen Steers Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Cohen Steers' financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
1.5 M
Current Value
M
Quarterly Volatility
274.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Cohen Steers is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Cohen Steers Tax Advantaged value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Cohen Steers Naive Prediction Price Forecast For the 23rd of November

Given 90 days horizon, the Naive Prediction forecasted value of Cohen Steers Tax Advantaged on the next trading day is expected to be 20.13 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.26.
Please note that although there have been many attempts to predict Cohen 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 Cohen Steers' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Cohen Steers Stock Forecast Pattern

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Cohen Steers Forecasted Value

In the context of forecasting Cohen Steers' 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. Cohen Steers' downside and upside margins for the forecasting period are 19.50 and 20.77, respectively. We have considered Cohen Steers' 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
20.00
20.13
Expected Value
20.77
Upside

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 Cohen Steers stock data series using in forecasting. Note that when a statistical model is used to represent Cohen Steers 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 Criteria114.2102
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1027
MAPEMean absolute percentage error0.0051
SAESum of the absolute errors6.2624
This model is not at all useful as a medium-long range forecasting tool of Cohen Steers Tax Advantaged. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Cohen Steers. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Cohen Steers

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cohen Steers Tax. 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 Cohen Steers' 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
19.7520.3520.95
Details
Intrinsic
Valuation
LowRealHigh
19.7520.3520.95
Details
Bollinger
Band Projection (param)
LowMiddleHigh
19.7320.1920.65
Details

Other Forecasting Options for Cohen Steers

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

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

Cohen Steers Tax 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 Cohen Steers' 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 Cohen Steers' current price.

Cohen Steers Market Strength Events

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

Cohen Steers Risk Indicators

The analysis of Cohen Steers' 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 Cohen Steers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cohen 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cohen Steers Tax offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cohen Steers' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cohen Steers Tax Advantaged Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cohen Steers Tax Advantaged Stock:
Check out Historical Fundamental Analysis of Cohen Steers to cross-verify your projections.
For information on how to trade Cohen Stock refer to our How to Trade Cohen Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Asset Management & Custody Banks 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 Cohen Steers. If investors know Cohen 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 Cohen Steers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.85
The market value of Cohen Steers Tax is measured differently than its book value, which is the value of Cohen that is recorded on the company's balance sheet. Investors also form their own opinion of Cohen Steers' value that differs from its market value or its book value, called intrinsic value, which is Cohen Steers' 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 Cohen Steers' market value can be influenced by many factors that don't directly affect Cohen Steers' 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 Cohen Steers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cohen Steers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cohen Steers' 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.