Cracker Barrel Stock Forecast - Simple Moving Average

CBRL Stock  USD 51.65  0.52  1.00%   
The Simple Moving Average forecasted value of Cracker Barrel Old on the next trading day is expected to be 51.91 with a mean absolute deviation of 1.57 and the sum of the absolute errors of 92.57. Cracker Stock Forecast is based on your current time horizon. Although Cracker Barrel's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Cracker Barrel's systematic risk associated with finding meaningful patterns of Cracker Barrel fundamentals over time.
  
Payables Turnover is expected to rise to 16.47 this year, although the value of Inventory Turnover will most likely fall to 12.26. . Common Stock Shares Outstanding is expected to rise to about 32.1 M this year. Net Income Applicable To Common Shares is expected to rise to about 131.6 M this year.
A two period moving average forecast for Cracker Barrel is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Cracker Barrel Simple Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of Cracker Barrel Old on the next trading day is expected to be 51.91 with a mean absolute deviation of 1.57, mean absolute percentage error of 3.58, and the sum of the absolute errors of 92.57.
Please note that although there have been many attempts to predict Cracker 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 Cracker Barrel's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Cracker Barrel Stock Forecast Pattern

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Cracker Barrel Forecasted Value

In the context of forecasting Cracker Barrel'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. Cracker Barrel's downside and upside margins for the forecasting period are 48.58 and 55.24, respectively. We have considered Cracker Barrel'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
51.65
51.91
Expected Value
55.24
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Cracker Barrel stock data series using in forecasting. Note that when a statistical model is used to represent Cracker Barrel 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 Criteria115.7095
BiasArithmetic mean of the errors -0.2739
MADMean absolute deviation1.569
MAPEMean absolute percentage error0.0325
SAESum of the absolute errors92.57
The simple moving average model is conceptually a linear regression of the current value of Cracker Barrel Old price series against current and previous (unobserved) value of Cracker Barrel. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Cracker Barrel

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cracker Barrel Old. 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.
Hype
Prediction
LowEstimatedHigh
48.2551.5854.91
Details
Intrinsic
Valuation
LowRealHigh
46.4966.6469.97
Details
Bollinger
Band Projection (param)
LowMiddleHigh
43.6149.3755.13
Details
10 Analysts
Consensus
LowTargetHigh
72.4679.6388.39
Details

Other Forecasting Options for Cracker Barrel

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

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

Cracker Barrel Old 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 Cracker Barrel'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 Cracker Barrel's current price.

Cracker Barrel Market Strength Events

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

Cracker Barrel Risk Indicators

The analysis of Cracker Barrel'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 Cracker Barrel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cracker 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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When determining whether Cracker Barrel Old is a strong investment it is important to analyze Cracker Barrel'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 Cracker Barrel's future performance. For an informed investment choice regarding Cracker Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Cracker Barrel to cross-verify your projections.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Hotels, Restaurants & Leisure 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 Cracker Barrel. If investors know Cracker 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 Cracker Barrel 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
(0.52)
Earnings Share
1.8
Revenue Per Share
156.397
Quarterly Revenue Growth
0.069
Return On Assets
0.0208
The market value of Cracker Barrel Old is measured differently than its book value, which is the value of Cracker that is recorded on the company's balance sheet. Investors also form their own opinion of Cracker Barrel's value that differs from its market value or its book value, called intrinsic value, which is Cracker Barrel'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 Cracker Barrel's market value can be influenced by many factors that don't directly affect Cracker Barrel'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 Cracker Barrel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cracker Barrel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cracker Barrel'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.