Tek Digitel Stock Forecast - Naive Prediction
| TEKI Stock | USD 0.0001 0.00 0.00% |
The Naive Prediction forecasted value of Tek Digitel Corp on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Tek Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Tek Digitel's historical fundamentals, such as revenue growth or operating cash flow patterns.
The current Inventory Turnover is estimated to decrease to 0.83. The current Payables Turnover is estimated to decrease to 1.39. The current Net Loss is estimated to decrease to about (3.3 M). Tek Digitel Cash Forecast
Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Tek Digitel's financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 2010-12-31 | Previous Quarter 1 M | Current Value 749.6 K | Quarterly Volatility 113 K |
Tek Digitel Naive Prediction Price Forecast For the 27th of December
Given 90 days horizon, the Naive Prediction forecasted value of Tek Digitel Corp on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Tek 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 Tek Digitel's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Tek Digitel Stock Forecast Pattern
| Backtest Tek Digitel | Tek Digitel Price Prediction | Buy or Sell Advice |
Tek Digitel Forecasted Value
In the context of forecasting Tek Digitel'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. Tek Digitel's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Tek Digitel'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Tek Digitel stock data series using in forecasting. Note that when a statistical model is used to represent Tek Digitel 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 | 30.385 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Tek Digitel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tek Digitel 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.Other Forecasting Options for Tek Digitel
For every potential investor in Tek, whether a beginner or expert, Tek Digitel's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tek Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tek. Basic forecasting techniques help filter out the noise by identifying Tek Digitel's price trends.Tek Digitel 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 Tek Digitel stock to make a market-neutral strategy. Peer analysis of Tek Digitel could also be used in its relative valuation, which is a method of valuing Tek Digitel by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tek Digitel 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 Tek Digitel'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 Tek Digitel's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Tek Digitel Market Strength Events
Market strength indicators help investors to evaluate how Tek Digitel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tek Digitel shares will generate the highest return on investment. By undertsting and applying Tek Digitel stock market strength indicators, traders can identify Tek Digitel Corp entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
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Check out Historical Fundamental Analysis of Tek Digitel to cross-verify your projections. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Commercial Services & Supplies 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 Tek Digitel. If investors know Tek 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 Tek Digitel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Tek Digitel Corp is measured differently than its book value, which is the value of Tek that is recorded on the company's balance sheet. Investors also form their own opinion of Tek Digitel's value that differs from its market value or its book value, called intrinsic value, which is Tek Digitel'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 Tek Digitel's market value can be influenced by many factors that don't directly affect Tek Digitel'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 Tek Digitel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tek Digitel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tek Digitel'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.