Consilium Acquisition Stock Forecast - Naive Prediction
CSLMU Stock | USD 11.69 0.00 0.00% |
The Naive Prediction forecasted value of Consilium Acquisition I on the next trading day is expected to be 11.70 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.55. Consilium Stock Forecast is based on your current time horizon.
Consilium |
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Consilium Acquisition's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 138.3 K | Current Value 133 K | Quarterly Volatility 71.1 K |
Consilium Acquisition Naive Prediction Price Forecast For the 13th of December 2024
Given 90 days horizon, the Naive Prediction forecasted value of Consilium Acquisition I on the next trading day is expected to be 11.70 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.55.Please note that although there have been many attempts to predict Consilium 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 Consilium Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Consilium Acquisition Stock Forecast Pattern
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Consilium Acquisition Forecasted Value
In the context of forecasting Consilium Acquisition'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. Consilium Acquisition's downside and upside margins for the forecasting period are 11.19 and 12.20, respectively. We have considered Consilium Acquisition'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 Consilium Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent Consilium Acquisition 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 | 110.1453 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0091 |
MAPE | Mean absolute percentage error | 8.0E-4 |
SAE | Sum of the absolute errors | 0.5548 |
Predictive Modules for Consilium Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Consilium Acquisition. 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 Consilium Acquisition
For every potential investor in Consilium, whether a beginner or expert, Consilium Acquisition's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Consilium Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Consilium. Basic forecasting techniques help filter out the noise by identifying Consilium Acquisition's price trends.Consilium Acquisition 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 Consilium Acquisition stock to make a market-neutral strategy. Peer analysis of Consilium Acquisition could also be used in its relative valuation, which is a method of valuing Consilium Acquisition by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Consilium Acquisition 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 Consilium Acquisition'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 Consilium Acquisition's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Consilium Acquisition Market Strength Events
Market strength indicators help investors to evaluate how Consilium Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Consilium Acquisition shares will generate the highest return on investment. By undertsting and applying Consilium Acquisition stock market strength indicators, traders can identify Consilium Acquisition I entry and exit signals to maximize returns.
Consilium Acquisition Risk Indicators
The analysis of Consilium Acquisition'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 Consilium Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting consilium 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 | 0.336 | |||
Standard Deviation | 0.9538 | |||
Variance | 0.9098 |
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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Additional Tools for Consilium Stock Analysis
When running Consilium Acquisition's price analysis, check to measure Consilium Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Consilium Acquisition is operating at the current time. Most of Consilium Acquisition's value examination focuses on studying past and present price action to predict the probability of Consilium Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consilium Acquisition's price. Additionally, you may evaluate how the addition of Consilium Acquisition to your portfolios can decrease your overall portfolio volatility.