Creative Realities Stock Forecast - Double Exponential Smoothing
| CREX Stock | USD 4.05 0.15 3.85% |
The Double Exponential Smoothing forecasted value of Creative Realities on the next trading day is expected to be 4.13 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.39. Creative Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Creative Realities stock prices and determine the direction of Creative Realities's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Creative Realities' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Creative Realities' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Creative Realities' systematic risk associated with finding meaningful patterns of Creative Realities fundamentals over time.
Check out Historical Fundamental Analysis of Creative Realities to cross-verify your projections. Creative |
Most investors in Creative Realities cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Creative Realities' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Creative Realities' price structures and extracts relationships that further increase the generated results' accuracy.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Creative Realities works best with periods where there are trends or seasonality. Creative Realities Double Exponential Smoothing Price Forecast For the 10th of May
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Creative Realities on the next trading day is expected to be 4.13 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.39.Please note that although there have been many attempts to predict Creative 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 Creative Realities' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Creative Realities Stock Forecast Pattern
| Backtest Creative Realities | Creative Realities Price Prediction | Buy or Sell Advice |
Creative Realities Forecasted Value
In the context of forecasting Creative Realities' 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. Creative Realities' downside and upside margins for the forecasting period are 0.04 and 8.88, respectively. We have considered Creative Realities' 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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Creative Realities stock data series using in forecasting. Note that when a statistical model is used to represent Creative Realities 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.0154 |
| MAD | Mean absolute deviation | 0.1421 |
| MAPE | Mean absolute percentage error | 0.0391 |
| SAE | Sum of the absolute errors | 8.3864 |
Predictive Modules for Creative Realities
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Creative Realities. 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 Creative Realities' 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 Creative Realities
For every potential investor in Creative, whether a beginner or expert, Creative Realities' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Creative Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Creative. Basic forecasting techniques help filter out the noise by identifying Creative Realities' price trends.Creative Realities 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 Creative Realities stock to make a market-neutral strategy. Peer analysis of Creative Realities could also be used in its relative valuation, which is a method of valuing Creative Realities by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Creative Realities 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 Creative Realities' 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 Creative Realities' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Creative Realities Market Strength Events
Market strength indicators help investors to evaluate how Creative Realities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Creative Realities shares will generate the highest return on investment. By undertsting and applying Creative Realities stock market strength indicators, traders can identify Creative Realities entry and exit signals to maximize returns.
| Accumulation Distribution | 7083.87 | |||
| Daily Balance Of Power | 0.4412 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 4.07 | |||
| Day Typical Price | 4.06 | |||
| Price Action Indicator | 0.055 | |||
| Period Momentum Indicator | 0.15 |
Creative Realities Risk Indicators
The analysis of Creative Realities' 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 Creative Realities' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting creative 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 | 3.46 | |||
| Semi Deviation | 3.67 | |||
| Standard Deviation | 4.59 | |||
| Variance | 21.07 | |||
| Downside Variance | 15.16 | |||
| Semi Variance | 13.5 | |||
| Expected Short fall | (4.33) |
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.
Pair Trading with Creative Realities
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Creative Realities position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Creative Realities will appreciate offsetting losses from the drop in the long position's value.Moving together with Creative Stock
| 0.62 | AI | C3 Ai Inc Financial Report 29th of May 2024 | PairCorr |
Moving against Creative Stock
| 0.57 | DTRK | DATATRAK International | PairCorr |
The ability to find closely correlated positions to Creative Realities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Creative Realities when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Creative Realities - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Creative Realities to buy it.
The correlation of Creative Realities is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Creative Realities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Creative Realities moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Creative Realities can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Creative Realities to cross-verify your projections. For more information on how to buy Creative Stock please use our How to Invest in Creative Realities guide.Note that the Creative Realities information on this page should be used as a complementary analysis to other Creative Realities' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Creative Stock analysis
When running Creative Realities' price analysis, check to measure Creative Realities' 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 Creative Realities is operating at the current time. Most of Creative Realities' value examination focuses on studying past and present price action to predict the probability of Creative Realities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Creative Realities' price. Additionally, you may evaluate how the addition of Creative Realities to your portfolios can decrease your overall portfolio volatility.
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Is Creative Realities' industry 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 Creative Realities. If investors know Creative 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 Creative Realities 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 (0.33) | Earnings Share (0.35) | Revenue Per Share 5.327 | Quarterly Revenue Growth 0.378 | Return On Assets 0.0123 |
The market value of Creative Realities is measured differently than its book value, which is the value of Creative that is recorded on the company's balance sheet. Investors also form their own opinion of Creative Realities' value that differs from its market value or its book value, called intrinsic value, which is Creative Realities' 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 Creative Realities' market value can be influenced by many factors that don't directly affect Creative Realities' 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 Creative Realities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Creative Realities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Creative Realities' 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.