Dupont De Stock Forecast - Naive Prediction

DD
 Stock
  

USD 69.17  0.74  1.06%   

Dupont Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Dupont De historical stock prices and determine the direction of Dupont De Nemours's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Dupont De historical fundamentals such as revenue growth or operating cash flow patterns. Although Dupont De naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Dupont De Nemours systematic risk associated with finding meaningful patterns of Dupont De fundamentals over time.
Continue to Historical Fundamental Analysis of Dupont De to cross-verify your projections.
  
Dupont De Receivables Turnover is projected to slightly decrease based on the last few years of reporting. The past year's Receivables Turnover was at 5.32. The current year Inventory Turnover is expected to grow to 3.65, whereas Cash and Equivalents Turnover is forecasted to decline to 6.87. . Dupont De Weighted Average Shares Diluted is projected to increase significantly based on the last few years of reporting. The past year's Weighted Average Shares Diluted was at 544.2 Million.

Open Interest Agains t 2022-12-09 Dupont Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Dupont De's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Dupont De's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Dupont De stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Dupont De's open interest, investors have to compare it to Dupont De's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Dupont De is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Dupont. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Dupont De 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 Dupont De's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Dupont De's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Dupont De is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Dupont De Nemours value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Dupont De Naive Prediction Price Forecast For the 10th of December

Given 90 days horizon, the Naive Prediction forecasted value of Dupont De Nemours on the next trading day is expected to be 67.62 with a mean absolute deviation of 1.13, mean absolute percentage error of 2.21, and the sum of the absolute errors of 69.18.
Please note that although there have been many attempts to predict Dupont 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 Dupont De's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dupont De Stock Forecast Pattern

Backtest Dupont DeDupont De Price PredictionBuy or Sell Advice 

Dupont De Forecasted Value

In the context of forecasting Dupont De'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. Dupont De's downside and upside margins for the forecasting period are 65.45 and 69.80, respectively. We have considered Dupont De'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 69.17
67.62
Expected Value
69.80
Upside

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 Dupont De stock data series using in forecasting. Note that when a statistical model is used to represent Dupont De 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 Criteria118.9024
BiasArithmetic mean of the errors None
MADMean absolute deviation1.134
MAPEMean absolute percentage error0.0191
SAESum of the absolute errors69.1755
This model is not at all useful as a medium-long range forecasting tool of Dupont De Nemours. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Dupont De. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Dupont De

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dupont De Nemours. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Dupont De'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. Please use the tools below to analyze the current value of Dupont De in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
66.8969.0771.25
Details
Intrinsic
Valuation
LowReal ValueHigh
62.2984.6386.81
Details
16 Analysts
Consensus
LowTarget PriceHigh
77.0092.67102.00
Details
Earnings
Estimates (4)
LowProjected EPSHigh
4.204.224.27
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dupont De. Your research has to be compared to or analyzed against Dupont De's peers to derive any actionable benefits. When done correctly, Dupont De's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Dupont De Nemours.

Other Forecasting Options for Dupont De

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

Dupont De 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 Dupont De stock to make a market-neutral strategy. Peer analysis of Dupont De could also be used in its relative valuation, which is a method of valuing Dupont De by comparing valuation metrics with similar companies.
WalmartChevron CorpPfizer IncBoeingAmerican ExpressJPMorgan ChaseWalt DisneyVerizon CommunicationsAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health Trend
 Risk & Return  Correlation

Dupont De Nemours 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 Dupont De'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 Dupont De's current price.

Dupont De Market Strength Events

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

Dupont De Risk Indicators

The analysis of Dupont De's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Dupont De's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Dupont De stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Dupont De Investors Sentiment

The influence of Dupont De's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dupont. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Dupont De's public news can be used to forecast risks associated with investment in Dupont. The trend in average sentiment can be used to explain how an investor holding Dupont can time the market purely based on public headlines and social activities around Dupont De Nemours. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Dupont De's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dupont De's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dupont De's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dupont De.

Dupont De Implied Volatility

    
  25.13  
Dupont De's implied volatility exposes the market's sentiment of Dupont De Nemours stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dupont De's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dupont De stock will not fluctuate a lot when Dupont De's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dupont De in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dupont De's short interest history, or implied volatility extrapolated from Dupont De options trading.

Pair Trading with Dupont De

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 Dupont De 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 Dupont De will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dupont De

+0.83LYBLyondellBasell Industries Sell-off TrendPairCorr
+0.9AEMAgnico Eagle Mines Sell-off TrendPairCorr
+0.72NEMNewmont Goldcorp Corp Sell-off TrendPairCorr
The ability to find closely correlated positions to Dupont De could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dupont De 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 Dupont De - 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 Dupont De Nemours to buy it.
The correlation of Dupont De is a statistical measure of how it moves in relation to other equities. 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 Dupont De moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dupont De Nemours 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 Dupont De 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.
Pair CorrelationCorrelation Matching
Continue to Historical Fundamental Analysis of Dupont De to cross-verify your projections. Note that the Dupont De Nemours information on this page should be used as a complementary analysis to other Dupont De's 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 Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Dupont De Nemours price analysis, check to measure Dupont De'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 Dupont De is operating at the current time. Most of Dupont De's value examination focuses on studying past and present price action to predict the probability of Dupont De's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dupont De's price. Additionally, you may evaluate how the addition of Dupont De to your portfolios can decrease your overall portfolio volatility.
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Is Dupont De's 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 Dupont De. If investors know Dupont 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 Dupont De 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 YOY
(0.026) 
Market Capitalization
34.8 B
Quarterly Revenue Growth YOY
0.037
Return On Assets
0.0392
Return On Equity
4.5128
The market value of Dupont De Nemours is measured differently than its book value, which is the value of Dupont that is recorded on the company's balance sheet. Investors also form their own opinion of Dupont De's value that differs from its market value or its book value, called intrinsic value, which is Dupont De'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 Dupont De's market value can be influenced by many factors that don't directly affect Dupont De'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 Dupont De's value and its price as these two are different measures arrived at by different means. Investors typically determine Dupont De value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dupont De'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.