Creative Medical Stock Forecast - Simple Exponential Smoothing

CELZ Stock  USD 2.19  0.12  5.19%   
The Simple Exponential Smoothing forecasted value of Creative Medical Technology on the next trading day is expected to be 2.19 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.32. Creative Stock Forecast is based on your current time horizon.
  
Receivables Turnover is likely to rise to 33.37 in 2024, whereas Inventory Turnover is likely to drop 0.52 in 2024. . Common Stock Shares Outstanding is likely to rise to about 1.5 M in 2024. Net Income Applicable To Common Shares is likely to rise to about 18.2 M in 2024.
Creative Medical 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 Creative Medical Technology are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Creative Medical Tec prices get older.

Creative Medical Simple Exponential Smoothing Price Forecast For the 15th of December 2024

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Creative Medical Technology on the next trading day is expected to be 2.19 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.08, and the sum of the absolute errors of 10.32.
Please note that although there have been many attempts to predict Creative 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 Creative Medical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Creative Medical Stock Forecast Pattern

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Creative Medical Forecasted Value

In the context of forecasting Creative Medical'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. Creative Medical's downside and upside margins for the forecasting period are 0.02 and 9.22, respectively. We have considered Creative Medical'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
2.19
2.19
Expected Value
9.22
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 Creative Medical stock data series using in forecasting. Note that when a statistical model is used to represent Creative Medical 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 Criteria115.5477
BiasArithmetic mean of the errors 0.0151
MADMean absolute deviation0.1692
MAPEMean absolute percentage error0.0478
SAESum of the absolute errors10.32
This simple exponential smoothing model begins by setting Creative Medical Technology forecast for the second period equal to the observation of the first period. In other words, recent Creative Medical observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Creative Medical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Creative Medical Tec. 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
0.112.139.19
Details
Intrinsic
Valuation
LowRealHigh
2.059.1116.17
Details
1 Analysts
Consensus
LowTargetHigh
27.3030.0033.30
Details

Other Forecasting Options for Creative Medical

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

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 Risk & Return  Correlation

Creative Medical Tec 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 Creative Medical'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 Creative Medical's current price.

Creative Medical Market Strength Events

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

Creative Medical Risk Indicators

The analysis of Creative Medical'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 Creative Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting creative 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.

Additional Tools for Creative Stock Analysis

When running Creative Medical's price analysis, check to measure Creative Medical'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 Creative Medical is operating at the current time. Most of Creative Medical's value examination focuses on studying past and present price action to predict the probability of Creative Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Creative Medical's price. Additionally, you may evaluate how the addition of Creative Medical to your portfolios can decrease your overall portfolio volatility.