SuRo Capital Stock Forecast - Simple Moving Average

SSSS Stock  USD 5.09  0.11  2.21%   
The Simple Moving Average forecasted value of SuRo Capital Corp on the next trading day is expected to be 5.09 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.21. SuRo Stock Forecast is based on your current time horizon.
  
At this time, SuRo Capital's Receivables Turnover is comparatively stable compared to the past year. Fixed Asset Turnover is likely to gain to 61.58 in 2024, whereas Inventory Turnover is likely to drop 10.12 in 2024. . Common Stock Shares Outstanding is likely to drop to about 23 M in 2024. Net Loss is likely to gain to about (144.4 M) in 2024.
A two period moving average forecast for SuRo Capital is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

SuRo Capital Simple Moving Average Price Forecast For the 1st of December

Given 90 days horizon, the Simple Moving Average forecasted value of SuRo Capital Corp on the next trading day is expected to be 5.09 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.04, and the sum of the absolute errors of 6.21.
Please note that although there have been many attempts to predict SuRo 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 SuRo Capital's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

SuRo Capital Stock Forecast Pattern

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SuRo Capital Forecasted Value

In the context of forecasting SuRo Capital'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. SuRo Capital's downside and upside margins for the forecasting period are 0.93 and 9.25, respectively. We have considered SuRo Capital'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
5.09
5.09
Expected Value
9.25
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of SuRo Capital stock data series using in forecasting. Note that when a statistical model is used to represent SuRo Capital 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 Criteria111.103
BiasArithmetic mean of the errors -0.0308
MADMean absolute deviation0.1053
MAPEMean absolute percentage error0.0224
SAESum of the absolute errors6.21
The simple moving average model is conceptually a linear regression of the current value of SuRo Capital Corp price series against current and previous (unobserved) value of SuRo Capital. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for SuRo Capital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SuRo Capital Corp. 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 SuRo Capital'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
1.095.259.41
Details
Intrinsic
Valuation
LowRealHigh
1.475.639.80
Details
4 Analysts
Consensus
LowTargetHigh
5.816.387.08
Details

Other Forecasting Options for SuRo Capital

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

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 Risk & Return  Correlation

SuRo Capital Corp 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 SuRo Capital'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 SuRo Capital's current price.

SuRo Capital Market Strength Events

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

SuRo Capital Risk Indicators

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

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Additional Tools for SuRo Stock Analysis

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