Zebra Technologies Stock Forecast - Simple Exponential Smoothing
| ZBRA Stock | USD 405.75 3.30 0.82% |
The Simple Exponential Smoothing forecasted value of Zebra Technologies on the next trading day is expected to be 405.75 with a mean absolute deviation of 4.13 and the sum of the absolute errors of 247.53. Zebra Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zebra Technologies stock prices and determine the direction of Zebra Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zebra Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
Zebra |
Zebra Technologies Simple Exponential Smoothing Price Forecast For the 30th of November
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Zebra Technologies on the next trading day is expected to be 405.75 with a mean absolute deviation of 4.13, mean absolute percentage error of 30.39, and the sum of the absolute errors of 247.53.Please note that although there have been many attempts to predict Zebra 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 Zebra Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Zebra Technologies Stock Forecast Pattern
| Backtest Zebra Technologies | Zebra Technologies Price Prediction | Buy or Sell Advice |
Zebra Technologies Forecasted Value
In the context of forecasting Zebra Technologies' 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. Zebra Technologies' downside and upside margins for the forecasting period are 404.30 and 407.20, respectively. We have considered Zebra Technologies' 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 Zebra Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Zebra Technologies 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 | 119.6866 |
| Bias | Arithmetic mean of the errors | -1.2785 |
| MAD | Mean absolute deviation | 4.1255 |
| MAPE | Mean absolute percentage error | 0.0111 |
| SAE | Sum of the absolute errors | 247.53 |
Predictive Modules for Zebra Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zebra Technologies. 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 Zebra Technologies
For every potential investor in Zebra, whether a beginner or expert, Zebra Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Zebra Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Zebra. Basic forecasting techniques help filter out the noise by identifying Zebra Technologies' price trends.Zebra Technologies 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 Zebra Technologies stock to make a market-neutral strategy. Peer analysis of Zebra Technologies could also be used in its relative valuation, which is a method of valuing Zebra Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Zebra Technologies 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 Zebra Technologies' 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 Zebra Technologies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Zebra Technologies Market Strength Events
Market strength indicators help investors to evaluate how Zebra Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zebra Technologies shares will generate the highest return on investment. By undertsting and applying Zebra Technologies stock market strength indicators, traders can identify Zebra Technologies entry and exit signals to maximize returns.
Zebra Technologies Risk Indicators
The analysis of Zebra Technologies' 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 Zebra Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zebra 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 | 1.12 | |||
| Semi Deviation | 1.14 | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.37 | |||
| Downside Variance | 1.83 | |||
| Semi Variance | 1.3 | |||
| Expected Short fall | (1.26) |
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 Zebra Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zebra Technologies' 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 Zebra Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zebra Technologies Stock:Check out Historical Fundamental Analysis of Zebra Technologies to cross-verify your projections. For information on how to trade Zebra Stock refer to our How to Trade Zebra Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Electronic Equipment, Instruments & Components 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 Zebra Technologies. If investors know Zebra 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 Zebra Technologies 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 (0.22) | Earnings Share 7.34 | Revenue Per Share 90.49 | Quarterly Revenue Growth 0.313 | Return On Assets 0.0523 |
The market value of Zebra Technologies is measured differently than its book value, which is the value of Zebra that is recorded on the company's balance sheet. Investors also form their own opinion of Zebra Technologies' value that differs from its market value or its book value, called intrinsic value, which is Zebra Technologies' 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 Zebra Technologies' market value can be influenced by many factors that don't directly affect Zebra Technologies' 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 Zebra Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zebra Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zebra Technologies' 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.