Ads Tec Stock Forecast - Naive Prediction

ADSE Stock  USD 13.88  0.31  2.28%   
The Naive Prediction forecasted value of Ads Tec Energy on the next trading day is expected to be 14.33 with a mean absolute deviation of 0.37 and the sum of the absolute errors of 22.80. Ads Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ads Tec stock prices and determine the direction of Ads Tec Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ads Tec's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Ads Tec's Asset Turnover is projected to increase slightly based on the last few years of reporting. . As of November 28, 2024, Common Stock Shares Outstanding is expected to decline to about 36 M. The current year's Net Loss is expected to grow to about (74.9 M).

Ads Tec Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Ads Tec's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2018-03-31
Previous Quarter
29.2 M
Current Value
29.2 M
Quarterly Volatility
29.7 M
 
Covid
A naive forecasting model for Ads Tec is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Ads Tec Energy 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.

Ads Tec Naive Prediction Price Forecast For the 29th of November

Given 90 days horizon, the Naive Prediction forecasted value of Ads Tec Energy on the next trading day is expected to be 14.33 with a mean absolute deviation of 0.37, mean absolute percentage error of 0.26, and the sum of the absolute errors of 22.80.
Please note that although there have been many attempts to predict Ads 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 Ads Tec's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ads Tec Stock Forecast Pattern

Backtest Ads TecAds Tec Price PredictionBuy or Sell Advice 

Ads Tec Forecasted Value

In the context of forecasting Ads Tec'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. Ads Tec's downside and upside margins for the forecasting period are 11.01 and 17.65, respectively. We have considered Ads Tec'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
13.88
14.33
Expected Value
17.65
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 Ads Tec stock data series using in forecasting. Note that when a statistical model is used to represent Ads Tec 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 Criteria116.7682
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3738
MAPEMean absolute percentage error0.0297
SAESum of the absolute errors22.803
This model is not at all useful as a medium-long range forecasting tool of Ads Tec Energy. 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 Ads Tec. 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 Ads Tec

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ads Tec Energy. 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 Ads Tec'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
10.5813.9017.22
Details
Intrinsic
Valuation
LowRealHigh
4.888.2015.27
Details
2 Analysts
Consensus
LowTargetHigh
4.855.335.92
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Other Forecasting Options for Ads Tec

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

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

Ads Tec Energy 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 Ads Tec'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 Ads Tec's current price.

Ads Tec Market Strength Events

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

Ads Tec Risk Indicators

The analysis of Ads Tec'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 Ads Tec's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ads 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ads Tec Energy is a strong investment it is important to analyze Ads Tec's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ads Tec's future performance. For an informed investment choice regarding Ads Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Ads Tec to cross-verify your projections.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 Ads Tec. If investors know Ads 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 Ads Tec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.52)
Revenue Per Share
2.974
Quarterly Revenue Growth
1.071
Return On Assets
(0.13)
Return On Equity
(2.82)
The market value of Ads Tec Energy is measured differently than its book value, which is the value of Ads that is recorded on the company's balance sheet. Investors also form their own opinion of Ads Tec's value that differs from its market value or its book value, called intrinsic value, which is Ads Tec'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 Ads Tec's market value can be influenced by many factors that don't directly affect Ads Tec'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 Ads Tec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ads Tec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ads Tec'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.