Cohu Stock Forecast - Simple Moving Average

COHU Stock  USD 26.40  0.42  1.62%   
The Simple Moving Average forecasted value of Cohu Inc on the next trading day is expected to be 26.40 with a mean absolute deviation of 0.59 and the sum of the absolute errors of 34.65. Cohu Stock Forecast is based on your current time horizon.
  
At this time, Cohu's Inventory Turnover is comparatively stable compared to the past year. Payables Turnover is likely to gain to 13.51 in 2024, whereas Fixed Asset Turnover is likely to drop 6.33 in 2024. . Net Income Applicable To Common Shares is likely to gain to about 116.9 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 27.1 M in 2024.
A two period moving average forecast for Cohu 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.

Cohu Simple Moving Average Price Forecast For the 2nd of December

Given 90 days horizon, the Simple Moving Average forecasted value of Cohu Inc on the next trading day is expected to be 26.40 with a mean absolute deviation of 0.59, mean absolute percentage error of 0.54, and the sum of the absolute errors of 34.65.
Please note that although there have been many attempts to predict Cohu 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 Cohu's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Cohu Stock Forecast Pattern

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Cohu Forecasted Value

In the context of forecasting Cohu'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. Cohu's downside and upside margins for the forecasting period are 23.72 and 29.08, respectively. We have considered Cohu'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
26.40
26.40
Expected Value
29.08
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 Cohu stock data series using in forecasting. Note that when a statistical model is used to represent Cohu 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 Criteria113.8169
BiasArithmetic mean of the errors -0.0705
MADMean absolute deviation0.5873
MAPEMean absolute percentage error0.0228
SAESum of the absolute errors34.65
The simple moving average model is conceptually a linear regression of the current value of Cohu Inc price series against current and previous (unobserved) value of Cohu. 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 Cohu

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cohu Inc. 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
23.7126.3929.07
Details
Intrinsic
Valuation
LowRealHigh
23.7630.5633.24
Details
Bollinger
Band Projection (param)
LowMiddleHigh
24.9926.0727.15
Details
7 Analysts
Consensus
LowTargetHigh
39.3943.2948.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cohu. Your research has to be compared to or analyzed against Cohu's peers to derive any actionable benefits. When done correctly, Cohu's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cohu Inc.

Other Forecasting Options for Cohu

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

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

Cohu Inc 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 Cohu'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 Cohu's current price.

Cohu Market Strength Events

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

Cohu Risk Indicators

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Cohu Stock Analysis

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