1StdibsCom Stock Forecast - 8 Period Moving Average

DIBS Stock  USD 3.89  0.03  0.77%   
The 8 Period Moving Average forecasted value of 1StdibsCom on the next trading day is expected to be 3.88 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 5.97. 1StdibsCom Stock Forecast is based on your current time horizon.
  
At this time, 1StdibsCom's Inventory Turnover is comparatively stable compared to the past year. Asset Turnover is likely to gain to 0.73 in 2024, whereas Payables Turnover is likely to drop 2.35 in 2024. . Common Stock Shares Outstanding is likely to gain to about 42 M in 2024, whereas Net Loss is likely to drop (27.2 M) in 2024.
An 8-period moving average forecast model for 1StdibsCom is based on an artificially constructed time series of 1StdibsCom daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

1StdibsCom 8 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of 1StdibsCom on the next trading day is expected to be 3.88 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.97.
Please note that although there have been many attempts to predict 1StdibsCom 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 1StdibsCom's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

1StdibsCom Stock Forecast Pattern

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1StdibsCom Forecasted Value

In the context of forecasting 1StdibsCom'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. 1StdibsCom's downside and upside margins for the forecasting period are 1.78 and 5.97, respectively. We have considered 1StdibsCom'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
3.89
3.88
Expected Value
5.97
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of 1StdibsCom stock data series using in forecasting. Note that when a statistical model is used to represent 1StdibsCom 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 Criteria99.5353
BiasArithmetic mean of the errors 0.0726
MADMean absolute deviation0.1127
MAPEMean absolute percentage error0.0268
SAESum of the absolute errors5.9725
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. 1StdibsCom 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for 1StdibsCom

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 1StdibsCom. 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
1.833.926.01
Details
Intrinsic
Valuation
LowRealHigh
2.714.806.89
Details
3 Analysts
Consensus
LowTargetHigh
5.015.506.11
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 1StdibsCom. Your research has to be compared to or analyzed against 1StdibsCom's peers to derive any actionable benefits. When done correctly, 1StdibsCom'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 1StdibsCom.

Other Forecasting Options for 1StdibsCom

For every potential investor in 1StdibsCom, whether a beginner or expert, 1StdibsCom's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 1StdibsCom Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 1StdibsCom. Basic forecasting techniques help filter out the noise by identifying 1StdibsCom's price trends.

1StdibsCom 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 1StdibsCom stock to make a market-neutral strategy. Peer analysis of 1StdibsCom could also be used in its relative valuation, which is a method of valuing 1StdibsCom by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

1StdibsCom 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 1StdibsCom'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 1StdibsCom's current price.

1StdibsCom Market Strength Events

Market strength indicators help investors to evaluate how 1StdibsCom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 1StdibsCom shares will generate the highest return on investment. By undertsting and applying 1StdibsCom stock market strength indicators, traders can identify 1StdibsCom entry and exit signals to maximize returns.

1StdibsCom Risk Indicators

The analysis of 1StdibsCom'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 1StdibsCom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 1stdibscom 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

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Additional Tools for 1StdibsCom Stock Analysis

When running 1StdibsCom's price analysis, check to measure 1StdibsCom'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 1StdibsCom is operating at the current time. Most of 1StdibsCom's value examination focuses on studying past and present price action to predict the probability of 1StdibsCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1StdibsCom's price. Additionally, you may evaluate how the addition of 1StdibsCom to your portfolios can decrease your overall portfolio volatility.