Powered Brands Stock Forecast - Naive Prediction

POW
 Stock
  

USD 10.04  0.02  0.20%   

Powered Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Powered Brands historical stock prices and determine the direction of Powered Brands Cl'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 Powered Brands historical fundamentals such as revenue growth or operating cash flow patterns.
Please check Historical Fundamental Analysis of Powered Brands to cross-verify your projections.
  
Most investors in Powered Brands 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 Powered Brands' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Powered Brands' price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Powered Brands is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Powered Brands Cl 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.

Powered Brands Naive Prediction Price Forecast For the 1st of December

Given 90 days horizon, the Naive Prediction forecasted value of Powered Brands Cl on the next trading day is expected to be 10.05 with a mean absolute deviation of 0.005898, mean absolute percentage error of 0.0000544, and the sum of the absolute errors of 0.36.
Please note that although there have been many attempts to predict Powered 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 Powered Brands' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Powered Brands Stock Forecast Pattern

Backtest Powered BrandsPowered Brands Price PredictionBuy or Sell Advice 

Powered Brands Forecasted Value

In the context of forecasting Powered Brands' 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. Powered Brands' downside and upside margins for the forecasting period are 9.96 and 10.14, respectively. We have considered Powered Brands' 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 10.04
10.05
Expected Value
10.14
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 Powered Brands stock data series using in forecasting. Note that when a statistical model is used to represent Powered Brands 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 Criteria108.2914
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0059
MAPEMean absolute percentage error6.0E-4
SAESum of the absolute errors0.3598
This model is not at all useful as a medium-long range forecasting tool of Powered Brands Cl. 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 Powered Brands. 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 Powered Brands

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Powered Brands Cl. 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 Powered Brands' 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 Powered Brands in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.9710.0610.15
Details
Intrinsic
Valuation
LowReal ValueHigh
8.338.4211.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.9810.0210.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Powered Brands. Your research has to be compared to or analyzed against Powered Brands' peers to derive any actionable benefits. When done correctly, Powered Brands' 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 Powered Brands Cl.

Other Forecasting Options for Powered Brands

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

Powered Brands 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 Powered Brands stock to make a market-neutral strategy. Peer analysis of Powered Brands could also be used in its relative valuation, which is a method of valuing Powered Brands by comparing valuation metrics with similar companies.
Ulta BeautyAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanBhp BillitonNatural Hlth TrdUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondSeagate Technology HldgsVistra Energy CorpExxon Mobil Corp
 Risk & Return  Correlation

Powered Brands Cl 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 Powered Brands' 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 Powered Brands' current price.

Powered Brands Market Strength Events

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

Powered Brands Risk Indicators

The analysis of Powered Brands' 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 Powered Brands' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Powered Brands 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.
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 Powered Brands 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, Powered Brands' short interest history, or implied volatility extrapolated from Powered Brands options trading.

Currently Active Assets on Macroaxis

Please check Historical Fundamental Analysis of Powered Brands to cross-verify your projections. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for analysis

When running Powered Brands Cl price analysis, check to measure Powered Brands' 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 Powered Brands is operating at the current time. Most of Powered Brands' value examination focuses on studying past and present price action to predict the probability of Powered Brands' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Powered Brands' price. Additionally, you may evaluate how the addition of Powered Brands to your portfolios can decrease your overall portfolio volatility.
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Is Powered Brands' 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 Powered Brands. If investors know Powered 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 Powered Brands 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
(0.71) 
Market Capitalization
347.1 M
Return On Assets
(0.0056) 
The market value of Powered Brands Cl is measured differently than its book value, which is the value of Powered that is recorded on the company's balance sheet. Investors also form their own opinion of Powered Brands' value that differs from its market value or its book value, called intrinsic value, which is Powered Brands' 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 Powered Brands' market value can be influenced by many factors that don't directly affect Powered Brands' 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 Powered Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine Powered Brands value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Powered Brands' 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.