FTC Solar Stock Forecast - Naive Prediction
| FTCI Stock | USD 0.40 0.01 2.44% |
The Naive Prediction forecasted value of FTC Solar on the next trading day is expected to be 0.35 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.14. FTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of FTC Solar's historical fundamentals, such as revenue growth or operating cash flow patterns.
FTC |
FTC Solar Cash Forecast
Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the FTC Solar's financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 2010-12-31 | Previous Quarter 25.2 M | Current Value 46.5 M | Quarterly Volatility 26.5 M |
FTC Solar Naive Prediction Price Forecast For the 26th of November
Given 90 days horizon, the Naive Prediction forecasted value of FTC Solar on the next trading day is expected to be 0.35 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 3.14.Please note that although there have been many attempts to predict FTC 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 FTC Solar's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
FTC Solar Stock Forecast Pattern
| Backtest FTC Solar | FTC Solar Price Prediction | Buy or Sell Advice |
FTC Solar Forecasted Value
In the context of forecasting FTC Solar'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. FTC Solar's downside and upside margins for the forecasting period are 0 and 15.15, respectively. We have considered FTC Solar'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 FTC Solar stock data series using in forecasting. Note that when a statistical model is used to represent FTC Solar 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 | 112.6261 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0514 |
| MAPE | Mean absolute percentage error | 0.1222 |
| SAE | Sum of the absolute errors | 3.1371 |
Predictive Modules for FTC Solar
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FTC Solar. 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 FTC Solar'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 FTC Solar
For every potential investor in FTC, whether a beginner or expert, FTC Solar's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FTC. Basic forecasting techniques help filter out the noise by identifying FTC Solar's price trends.FTC Solar 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 FTC Solar stock to make a market-neutral strategy. Peer analysis of FTC Solar could also be used in its relative valuation, which is a method of valuing FTC Solar by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
FTC Solar 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 FTC Solar'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 FTC Solar's current price.| Cycle Indicators | ||
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FTC Solar Market Strength Events
Market strength indicators help investors to evaluate how FTC Solar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FTC Solar shares will generate the highest return on investment. By undertsting and applying FTC Solar stock market strength indicators, traders can identify FTC Solar entry and exit signals to maximize returns.
FTC Solar Risk Indicators
The analysis of FTC Solar'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 FTC Solar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ftc 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 | 7.62 | |||
| Semi Deviation | 6.71 | |||
| Standard Deviation | 14.57 | |||
| Variance | 212.33 | |||
| Downside Variance | 64.84 | |||
| Semi Variance | 45.04 | |||
| Expected Short fall | (11.14) |
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.
Currently Active Assets on Macroaxis
When determining whether FTC Solar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FTC Solar'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 Ftc Solar Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ftc Solar Stock:Check out Historical Fundamental Analysis of FTC Solar to cross-verify your projections. For more detail on how to invest in FTC Stock please use our How to Invest in FTC Solar guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Semiconductors & Semiconductor Equipment 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 FTC Solar. If investors know FTC 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 FTC Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Revenue Per Share 0.457 | Quarterly Revenue Growth (0.67) | Return On Assets (0.26) | Return On Equity (0.89) |
The market value of FTC Solar is measured differently than its book value, which is the value of FTC that is recorded on the company's balance sheet. Investors also form their own opinion of FTC Solar's value that differs from its market value or its book value, called intrinsic value, which is FTC Solar'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 FTC Solar's market value can be influenced by many factors that don't directly affect FTC Solar'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 FTC Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if FTC Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FTC Solar'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.