RCI Hospitality Stock Forecast - Simple Exponential Smoothing
| RICK Stock | USD 51.68 1.25 2.48% |
The Simple Exponential Smoothing forecasted value of RCI Hospitality Holdings on the next trading day is expected to be 51.68 with a mean absolute deviation of 0.74 and the sum of the absolute errors of 44.60. RCI Stock Forecast is based on your current time horizon. Although RCI Hospitality's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of RCI Hospitality's systematic risk associated with finding meaningful patterns of RCI Hospitality fundamentals over time.
RCI |
RCI Hospitality Simple Exponential Smoothing Price Forecast For the 26th of November
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of RCI Hospitality Holdings on the next trading day is expected to be 51.68 with a mean absolute deviation of 0.74, mean absolute percentage error of 1.13, and the sum of the absolute errors of 44.60.Please note that although there have been many attempts to predict RCI 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 RCI Hospitality's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
RCI Hospitality Stock Forecast Pattern
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RCI Hospitality Forecasted Value
In the context of forecasting RCI Hospitality'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. RCI Hospitality's downside and upside margins for the forecasting period are 49.37 and 53.99, respectively. We have considered RCI Hospitality'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 RCI Hospitality stock data series using in forecasting. Note that when a statistical model is used to represent RCI Hospitality 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 | 116.3935 |
| Bias | Arithmetic mean of the errors | -0.1027 |
| MAD | Mean absolute deviation | 0.7433 |
| MAPE | Mean absolute percentage error | 0.0163 |
| SAE | Sum of the absolute errors | 44.6 |
Predictive Modules for RCI Hospitality
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RCI Hospitality 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RCI Hospitality'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.
Other Forecasting Options for RCI Hospitality
For every potential investor in RCI, whether a beginner or expert, RCI Hospitality's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. RCI Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in RCI. Basic forecasting techniques help filter out the noise by identifying RCI Hospitality's price trends.View RCI Hospitality Related Equities
| Risk & Return | Correlation |
RCI Hospitality Holdings 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 RCI Hospitality'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 RCI Hospitality's current price.| Cycle Indicators | ||
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RCI Hospitality Market Strength Events
Market strength indicators help investors to evaluate how RCI Hospitality stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RCI Hospitality shares will generate the highest return on investment. By undertsting and applying RCI Hospitality stock market strength indicators, traders can identify RCI Hospitality Holdings entry and exit signals to maximize returns.
RCI Hospitality Risk Indicators
The analysis of RCI Hospitality'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 RCI Hospitality's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rci 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 | 1.71 | |||
| Semi Deviation | 1.41 | |||
| Standard Deviation | 2.38 | |||
| Variance | 5.66 | |||
| Downside Variance | 2.73 | |||
| Semi Variance | 2.0 | |||
| Expected Short fall | (2.20) |
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 Hotels, Restaurants & Leisure 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 RCI Hospitality. If investors know RCI 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 RCI Hospitality 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 (0.90) | Dividend Share 0.23 | Earnings Share 0.52 | Revenue Per Share 31.818 | Quarterly Revenue Growth (0.01) |
The market value of RCI Hospitality Holdings is measured differently than its book value, which is the value of RCI that is recorded on the company's balance sheet. Investors also form their own opinion of RCI Hospitality's value that differs from its market value or its book value, called intrinsic value, which is RCI Hospitality'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 RCI Hospitality's market value can be influenced by many factors that don't directly affect RCI Hospitality'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 RCI Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if RCI Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RCI Hospitality'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.