Zapata Computing Stock Forecast - Naive Prediction
| ZPTA Stock | 1.58 0.02 1.25% |
The Naive Prediction forecasted value of Zapata Computing Holdings on the next trading day is expected to be 1.87 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.20. Zapata Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zapata Computing stock prices and determine the direction of Zapata Computing Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zapata Computing's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time the relative strength indicator of Zapata Computing'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 |
Quarterly Earnings Growth (0.82) | Wall Street Target Price 1.75 | Quarterly Revenue Growth 0.397 |
Using Zapata Computing hype-based prediction, you can estimate the value of Zapata Computing Holdings from the perspective of Zapata Computing response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Zapata Computing Holdings on the next trading day is expected to be 1.87 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.20. Zapata Computing after-hype prediction price | USD 1.58 |
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 Zapata Computing to cross-verify your projections. Zapata Computing Additional Predictive Modules
Most predictive techniques to examine Zapata price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Zapata using various technical indicators. When you analyze Zapata 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.| Cycle Indicators | ||
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| Overlap Studies | ||
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| Volatility Indicators | ||
| Volume Indicators |
Zapata Computing Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Zapata Computing's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 323.1 K | Current Value 306.9 K | Quarterly Volatility 7.6 M |
Zapata Computing Naive Prediction Price Forecast For the 3rd of January
Given 90 days horizon, the Naive Prediction forecasted value of Zapata Computing Holdings on the next trading day is expected to be 1.87 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.20.Please note that although there have been many attempts to predict Zapata 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 Zapata Computing's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Zapata Computing Stock Forecast Pattern
| Backtest Zapata Computing | Zapata Computing Price Prediction | Buy or Sell Advice |
Zapata Computing Forecasted Value
In the context of forecasting Zapata Computing'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. Zapata Computing's downside and upside margins for the forecasting period are 0.02 and 23.16, respectively. We have considered Zapata Computing'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 Zapata Computing stock data series using in forecasting. Note that when a statistical model is used to represent Zapata Computing 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 | 113.4308 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0688 |
| MAPE | Mean absolute percentage error | 0.3048 |
| SAE | Sum of the absolute errors | 4.1975 |
Predictive Modules for Zapata Computing
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zapata Computing Holdings. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zapata Computing's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Zapata Computing
For every potential investor in Zapata, whether a beginner or expert, Zapata Computing's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Zapata Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Zapata. Basic forecasting techniques help filter out the noise by identifying Zapata Computing's price trends.Zapata Computing 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 Zapata Computing stock to make a market-neutral strategy. Peer analysis of Zapata Computing could also be used in its relative valuation, which is a method of valuing Zapata Computing by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Zapata Computing Holdings 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 Zapata Computing'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 Zapata Computing's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Zapata Computing Market Strength Events
Market strength indicators help investors to evaluate how Zapata Computing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zapata Computing shares will generate the highest return on investment. By undertsting and applying Zapata Computing stock market strength indicators, traders can identify Zapata Computing Holdings entry and exit signals to maximize returns.
Zapata Computing Risk Indicators
The analysis of Zapata Computing'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 Zapata Computing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zapata 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 | 18.15 | |||
| Semi Deviation | 12.94 | |||
| Standard Deviation | 27.21 | |||
| Variance | 740.16 | |||
| Downside Variance | 437.35 | |||
| Semi Variance | 167.4 | |||
| Expected Short fall | (29.20) |
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.| JBL | Jabil Circuit | |
| MRK | Merck Company | |
| AMGN | Amgen Inc |
Check out Historical Fundamental Analysis of Zapata Computing to cross-verify your projections. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Application Software 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 Zapata Computing. If investors know Zapata 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 Zapata Computing 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 (0.82) | Earnings Share 0.12 | Quarterly Revenue Growth 0.397 | Return On Assets |
The market value of Zapata Computing Holdings is measured differently than its book value, which is the value of Zapata that is recorded on the company's balance sheet. Investors also form their own opinion of Zapata Computing's value that differs from its market value or its book value, called intrinsic value, which is Zapata Computing'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 Zapata Computing's market value can be influenced by many factors that don't directly affect Zapata Computing'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 Zapata Computing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zapata Computing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zapata Computing'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.