USA Compression Stock Forecast - Naive Prediction
| USAC Stock | USD 23.93 0.08 0.34% |
The Naive Prediction forecasted value of USA Compression Partners on the next trading day is expected to be 23.71 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.65. USA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast USA Compression stock prices and determine the direction of USA Compression Partners's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of USA Compression's historical fundamentals, such as revenue growth or operating cash flow patterns.
USA |
USA Compression Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the USA Compression's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 9 K | Current Value 79 K | Quarterly Volatility 95.1 M |
USA Compression Naive Prediction Price Forecast For the 29th of November
Given 90 days horizon, the Naive Prediction forecasted value of USA Compression Partners on the next trading day is expected to be 23.71 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.08, and the sum of the absolute errors of 13.65.Please note that although there have been many attempts to predict USA 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 USA Compression's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
USA Compression Stock Forecast Pattern
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USA Compression Forecasted Value
In the context of forecasting USA Compression'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. USA Compression's downside and upside margins for the forecasting period are 22.40 and 25.02, respectively. We have considered USA Compression'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 USA Compression stock data series using in forecasting. Note that when a statistical model is used to represent USA Compression 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 | 117.4233 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2202 |
| MAPE | Mean absolute percentage error | 0.0099 |
| SAE | Sum of the absolute errors | 13.653 |
Predictive Modules for USA Compression
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as USA Compression Partners. 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 USA Compression
For every potential investor in USA, whether a beginner or expert, USA Compression's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. USA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in USA. Basic forecasting techniques help filter out the noise by identifying USA Compression's price trends.View USA Compression Related Equities
| Risk & Return | Correlation |
USA Compression Partners 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 USA Compression'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 USA Compression's current price.| Cycle Indicators | ||
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USA Compression Market Strength Events
Market strength indicators help investors to evaluate how USA Compression stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading USA Compression shares will generate the highest return on investment. By undertsting and applying USA Compression stock market strength indicators, traders can identify USA Compression Partners entry and exit signals to maximize returns.
USA Compression Risk Indicators
The analysis of USA Compression'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 USA Compression's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting usa 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 | 0.9222 | |||
| Semi Deviation | 0.9021 | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.83 | |||
| Downside Variance | 1.13 | |||
| Semi Variance | 0.8137 | |||
| Expected Short fall | (1.11) |
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 USA Compression Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of USA Compression's 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 Usa Compression Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Usa Compression Partners Stock:Check out Historical Fundamental Analysis of USA Compression to cross-verify your projections. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Oil & Gas Equipment & Services 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 USA Compression. If investors know USA 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 USA Compression 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 0.44 | Dividend Share 2.1 | Earnings Share 0.55 | Revenue Per Share 8.525 | Quarterly Revenue Growth 0.105 |
The market value of USA Compression Partners is measured differently than its book value, which is the value of USA that is recorded on the company's balance sheet. Investors also form their own opinion of USA Compression's value that differs from its market value or its book value, called intrinsic value, which is USA Compression'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 USA Compression's market value can be influenced by many factors that don't directly affect USA Compression'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 USA Compression's value and its price as these two are different measures arrived at by different means. Investors typically determine if USA Compression is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, USA Compression'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.