Benson Hill, Stock Forecast - Naive Prediction
| BHIL Stock | USD 3.82 0.12 3.24% |
The Naive Prediction forecasted value of Benson Hill, Common on the next trading day is expected to be 3.43 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.86. Benson Stock Forecast is based on your current time horizon. Although Benson Hill,'s naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Benson Hill,'s systematic risk associated with finding meaningful patterns of Benson Hill, fundamentals over time.
Benson |
Benson Hill, Cash Forecast
To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the Benson Hill,'s financial statements, predicting their influence on future market prices.
Cash | First Reported 2010-12-31 | Previous Quarter 15.8 M | Current Value 29.1 M | Quarterly Volatility 20.4 M |
Benson Hill, Naive Prediction Price Forecast For the 3rd of December
Given 90 days horizon, the Naive Prediction forecasted value of Benson Hill, Common on the next trading day is expected to be 3.43 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.05, and the sum of the absolute errors of 11.86.Please note that although there have been many attempts to predict Benson 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 Benson Hill,'s next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Benson Hill, Stock Forecast Pattern
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Benson Hill, Forecasted Value
In the context of forecasting Benson Hill,'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. Benson Hill,'s downside and upside margins for the forecasting period are 0.04 and 7.18, respectively. We have considered Benson Hill,'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 Benson Hill, stock data series using in forecasting. Note that when a statistical model is used to represent Benson Hill, 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 | 115.1602 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1944 |
| MAPE | Mean absolute percentage error | 0.0329 |
| SAE | Sum of the absolute errors | 11.8568 |
Predictive Modules for Benson Hill,
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Benson Hill, Common. 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 Benson Hill,
For every potential investor in Benson, whether a beginner or expert, Benson Hill,'s price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Benson Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Benson. Basic forecasting techniques help filter out the noise by identifying Benson Hill,'s price trends.Benson Hill, 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 Benson Hill, stock to make a market-neutral strategy. Peer analysis of Benson Hill, could also be used in its relative valuation, which is a method of valuing Benson Hill, by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Benson Hill, Common 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 Benson Hill,'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 Benson Hill,'s current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Benson Hill, Market Strength Events
Market strength indicators help investors to evaluate how Benson Hill, stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Benson Hill, shares will generate the highest return on investment. By undertsting and applying Benson Hill, stock market strength indicators, traders can identify Benson Hill, Common entry and exit signals to maximize returns.
Benson Hill, Risk Indicators
The analysis of Benson Hill,'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 Benson Hill,'s investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting benson 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 | 2.4 | |||
| Standard Deviation | 3.7 | |||
| Variance | 13.67 |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Benson Hill, to cross-verify your projections. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Diversified Metals & Mining 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 Benson Hill,. If investors know Benson 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 Benson Hill, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (21.34) | Revenue Per Share 68.923 | Quarterly Revenue Growth (0.70) | Return On Assets (0.17) | Return On Equity (1.56) |
The market value of Benson Hill, Common is measured differently than its book value, which is the value of Benson that is recorded on the company's balance sheet. Investors also form their own opinion of Benson Hill,'s value that differs from its market value or its book value, called intrinsic value, which is Benson Hill,'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 Benson Hill,'s market value can be influenced by many factors that don't directly affect Benson Hill,'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 Benson Hill,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Benson Hill, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benson Hill,'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.