374Water Common Stock Forecast - Simple Exponential Smoothing

SCWO Stock  USD 1.20  0.06  5.26%   
The Simple Exponential Smoothing forecasted value of 374Water Common Stock on the next trading day is expected to be 1.20 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 2.01. 374Water Stock Forecast is based on your current time horizon. Although 374Water Common's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of 374Water Common's systematic risk associated with finding meaningful patterns of 374Water Common fundamentals over time.
  
As of the 29th of June 2024, Inventory Turnover is likely to drop to 1.49. In addition to that, Payables Turnover is likely to drop to 5.22. As of the 29th of June 2024, Common Stock Shares Outstanding is likely to grow to about 136.9 M, though Net Loss is likely to grow to (4 M).
Most investors in 374Water Common 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 374Water Common's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets 374Water Common's price structures and extracts relationships that further increase the generated results' accuracy.
374Water Common simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for 374Water Common Stock are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as 374Water Common Stock prices get older.

374Water Common Simple Exponential Smoothing Price Forecast For the 30th of June

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of 374Water Common Stock on the next trading day is expected to be 1.20 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 2.01.
Please note that although there have been many attempts to predict 374Water 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 374Water Common's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

374Water Common Stock Forecast Pattern

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374Water Common Forecasted Value

In the context of forecasting 374Water Common'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. 374Water Common's downside and upside margins for the forecasting period are 0.01 and 4.81, respectively. We have considered 374Water Common'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.
Market Value
1.20
1.20
Expected Value
4.81
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of 374Water Common stock data series using in forecasting. Note that when a statistical model is used to represent 374Water Common 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.
AICAkaike Information Criteria112.0694
BiasArithmetic mean of the errors 7.0E-4
MADMean absolute deviation0.0329
MAPEMean absolute percentage error0.0251
SAESum of the absolute errors2.0088
This simple exponential smoothing model begins by setting 374Water Common Stock forecast for the second period equal to the observation of the first period. In other words, recent 374Water Common observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for 374Water Common

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 374Water Common Stock. 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 374Water Common'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.
Hype
Prediction
LowEstimatedHigh
0.061.194.80
Details
Intrinsic
Valuation
LowRealHigh
0.081.625.23
Details
1 Analysts
Consensus
LowTargetHigh
2.733.003.33
Details

Other Forecasting Options for 374Water Common

For every potential investor in 374Water, whether a beginner or expert, 374Water Common's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 374Water Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 374Water. Basic forecasting techniques help filter out the noise by identifying 374Water Common's price trends.

374Water Common 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 374Water Common stock to make a market-neutral strategy. Peer analysis of 374Water Common could also be used in its relative valuation, which is a method of valuing 374Water Common by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

374Water Common Stock 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 374Water Common'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 374Water Common's current price.

374Water Common Market Strength Events

Market strength indicators help investors to evaluate how 374Water Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 374Water Common shares will generate the highest return on investment. By undertsting and applying 374Water Common stock market strength indicators, traders can identify 374Water Common Stock entry and exit signals to maximize returns.

374Water Common Risk Indicators

The analysis of 374Water Common'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 374Water Common's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 374water 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.
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 Information and Resources on Investing in 374Water Stock

When determining whether 374Water Common Stock offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 374Water Common'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 374water Common Stock Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 374water Common Stock Stock:
Check out Historical Fundamental Analysis of 374Water Common to cross-verify your projections.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Industrial Machinery & Supplies & Components 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 374Water Common. If investors know 374Water 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 374Water Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.07)
Revenue Per Share
0.002
Quarterly Revenue Growth
(0.61)
Return On Assets
(0.37)
Return On Equity
(0.61)
The market value of 374Water Common Stock is measured differently than its book value, which is the value of 374Water that is recorded on the company's balance sheet. Investors also form their own opinion of 374Water Common's value that differs from its market value or its book value, called intrinsic value, which is 374Water Common'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 374Water Common's market value can be influenced by many factors that don't directly affect 374Water Common'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 374Water Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if 374Water Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 374Water Common'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.