Zedge Stock Forecast - Naive Prediction

ZDGE Stock  USD 3.78  0.07  1.89%   
The Naive Prediction forecasted value of Zedge Inc on the next trading day is expected to be 3.59 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.96. Zedge Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zedge stock prices and determine the direction of Zedge Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zedge's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of Zedge's share price is below 20 . This usually means that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Zedge's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Zedge and does not consider all of the tangible or intangible factors available from Zedge's fundamental data. We analyze noise-free headlines and recent hype associated with Zedge Inc, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Zedge's stock price prediction:
Quarterly Earnings Growth
0.256
EPS Estimate Current Year
0.24
EPS Estimate Next Year
0.27
Wall Street Target Price
6
EPS Estimate Current Quarter
0.02
Using Zedge hype-based prediction, you can estimate the value of Zedge Inc from the perspective of Zedge response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Zedge using Zedge's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Zedge using crowd psychology based on the activity and movement of Zedge's stock price.

Zedge Implied Volatility

    
  3.03  
Zedge's implied volatility exposes the market's sentiment of Zedge Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Zedge's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Zedge stock will not fluctuate a lot when Zedge's options are near their expiration.
The Naive Prediction forecasted value of Zedge Inc on the next trading day is expected to be 3.59 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.96.

Zedge after-hype prediction price

    
  USD 3.71  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Zedge to cross-verify your projections.
The current year's Fixed Asset Turnover is expected to grow to 20.52, whereas Payables Turnover is forecasted to decline to 2.22. . The current year's Net Income Applicable To Common Shares is expected to grow to about 11.7 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 12.7 M.

Open Interest Against 2026-04-17 Zedge Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Zedge's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Zedge's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Zedge stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Zedge's open interest, investors have to compare it to Zedge's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Zedge is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Zedge. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.

Zedge Additional Predictive Modules

Most predictive techniques to examine Zedge price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Zedge using various technical indicators. When you analyze Zedge charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Zedge Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Zedge's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2014-07-31
Previous Quarter
18.6 M
Current Value
18.5 M
Quarterly Volatility
8.7 M
 
Yuan Drop
 
Covid
A naive forecasting model for Zedge is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Zedge Inc value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Zedge Naive Prediction Price Forecast For the 15th of January 2026

Given 90 days horizon, the Naive Prediction forecasted value of Zedge Inc on the next trading day is expected to be 3.59 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.05, and the sum of the absolute errors of 9.96.
Please note that although there have been many attempts to predict Zedge 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 Zedge's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Zedge Stock Forecast Pattern

Backtest ZedgeZedge Price PredictionBuy or Sell Advice 

Zedge Forecasted Value

In the context of forecasting Zedge'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. Zedge's downside and upside margins for the forecasting period are 0.04 and 9.34, respectively. We have considered Zedge'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
3.78
3.59
Expected Value
9.34
Upside

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 Zedge stock data series using in forecasting. Note that when a statistical model is used to represent Zedge 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 Criteria115.1013
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1632
MAPEMean absolute percentage error0.055
SAESum of the absolute errors9.9565
This model is not at all useful as a medium-long range forecasting tool of Zedge Inc. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Zedge. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Zedge

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zedge Inc. 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.
Hype
Prediction
LowEstimatedHigh
0.193.719.48
Details
Intrinsic
Valuation
LowRealHigh
0.142.848.61
Details
1 Analysts
Consensus
LowTargetHigh
5.466.006.66
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.030.030.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zedge. Your research has to be compared to or analyzed against Zedge's peers to derive any actionable benefits. When done correctly, Zedge's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Zedge Inc.

Other Forecasting Options for Zedge

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

Zedge 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 Zedge stock to make a market-neutral strategy. Peer analysis of Zedge could also be used in its relative valuation, which is a method of valuing Zedge by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Zedge Inc 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 Zedge'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 Zedge's current price.

Zedge Market Strength Events

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

Zedge Risk Indicators

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

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 Zedge Inc is a strong investment it is important to analyze Zedge's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zedge's future performance. For an informed investment choice regarding Zedge Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Zedge to cross-verify your projections.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Interactive Media & 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 Zedge. If investors know Zedge 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 Zedge 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
0.256
Dividend Share
0.016
Earnings Share
(0.09)
Revenue Per Share
2.213
Quarterly Revenue Growth
0.058
The market value of Zedge Inc is measured differently than its book value, which is the value of Zedge that is recorded on the company's balance sheet. Investors also form their own opinion of Zedge's value that differs from its market value or its book value, called intrinsic value, which is Zedge'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 Zedge's market value can be influenced by many factors that don't directly affect Zedge'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 Zedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zedge'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.