Treehouse Foods Stock Forecast - Naive Prediction
THS Stock | USD 35.92 0.57 1.61% |
The Naive Prediction forecasted value of Treehouse Foods on the next trading day is expected to be 35.88 with a mean absolute deviation of 0.91 and the sum of the absolute errors of 55.27. Treehouse Stock Forecast is based on your current time horizon.
Treehouse |
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Treehouse Foods' financial statements to predict how it will affect future prices.
Cash | First Reported 2004-12-31 | Previous Quarter 105.8 M | Current Value 102 M | Quarterly Volatility 92.2 M |
Treehouse Foods Naive Prediction Price Forecast For the 23rd of November
Given 90 days horizon, the Naive Prediction forecasted value of Treehouse Foods on the next trading day is expected to be 35.88 with a mean absolute deviation of 0.91, mean absolute percentage error of 1.34, and the sum of the absolute errors of 55.27.Please note that although there have been many attempts to predict Treehouse 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 Treehouse Foods' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Treehouse Foods Stock Forecast Pattern
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Treehouse Foods Forecasted Value
In the context of forecasting Treehouse Foods' 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. Treehouse Foods' downside and upside margins for the forecasting period are 33.41 and 38.35, respectively. We have considered Treehouse Foods' 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 Treehouse Foods stock data series using in forecasting. Note that when a statistical model is used to represent Treehouse Foods 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 | 118.4027 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.9061 |
MAPE | Mean absolute percentage error | 0.0238 |
SAE | Sum of the absolute errors | 55.2717 |
Predictive Modules for Treehouse Foods
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Treehouse Foods. 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 Treehouse Foods
For every potential investor in Treehouse, whether a beginner or expert, Treehouse Foods' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Treehouse Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Treehouse. Basic forecasting techniques help filter out the noise by identifying Treehouse Foods' price trends.View Treehouse Foods Related Equities
Risk & Return | Correlation |
Treehouse Foods 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 Treehouse Foods' 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 Treehouse Foods' current price.Cycle Indicators | ||
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Treehouse Foods Market Strength Events
Market strength indicators help investors to evaluate how Treehouse Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Treehouse Foods shares will generate the highest return on investment. By undertsting and applying Treehouse Foods stock market strength indicators, traders can identify Treehouse Foods entry and exit signals to maximize returns.
Treehouse Foods Risk Indicators
The analysis of Treehouse Foods' 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 Treehouse Foods' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting treehouse 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 | 1.53 | |||
Standard Deviation | 2.46 | |||
Variance | 6.05 |
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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Additional Tools for Treehouse Stock Analysis
When running Treehouse Foods' price analysis, check to measure Treehouse Foods' 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 Treehouse Foods is operating at the current time. Most of Treehouse Foods' value examination focuses on studying past and present price action to predict the probability of Treehouse Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Treehouse Foods' price. Additionally, you may evaluate how the addition of Treehouse Foods to your portfolios can decrease your overall portfolio volatility.