Retail Opportunity Stock Forecast - Double Exponential Smoothing

ROIC Stock  USD 17.35  0.04  0.23%   
The Double Exponential Smoothing forecasted value of Retail Opportunity Investments on the next trading day is expected to be 17.37 with a mean absolute deviation of 0.1 and the sum of the absolute errors of 5.83. Retail Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Retail Opportunity stock prices and determine the direction of Retail Opportunity Investments's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Retail Opportunity's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Retail Opportunity's Payables Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 6.02, whereas Fixed Asset Turnover is forecasted to decline to 0.07. . As of December 24, 2024, Common Stock Shares Outstanding is expected to decline to about 97.2 M. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 33.7 M.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Retail Opportunity works best with periods where there are trends or seasonality.

Retail Opportunity Double Exponential Smoothing Price Forecast For the 25th of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Retail Opportunity Investments on the next trading day is expected to be 17.37 with a mean absolute deviation of 0.1, mean absolute percentage error of 0.05, and the sum of the absolute errors of 5.83.
Please note that although there have been many attempts to predict Retail 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 Retail Opportunity's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Retail Opportunity Stock Forecast Pattern

Backtest Retail OpportunityRetail Opportunity Price PredictionBuy or Sell Advice 

Retail Opportunity Forecasted Value

In the context of forecasting Retail Opportunity'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. Retail Opportunity's downside and upside margins for the forecasting period are 16.06 and 18.67, respectively. We have considered Retail Opportunity'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
17.35
17.37
Expected Value
18.67
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Retail Opportunity stock data series using in forecasting. Note that when a statistical model is used to represent Retail Opportunity 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 CriteriaHuge
BiasArithmetic mean of the errors -0.0261
MADMean absolute deviation0.0988
MAPEMean absolute percentage error0.0061
SAESum of the absolute errors5.8291
When Retail Opportunity Investments prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Retail Opportunity Investments trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Retail Opportunity observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Retail Opportunity

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Retail Opportunity. 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
16.0117.3118.61
Details
Intrinsic
Valuation
LowRealHigh
16.0517.3518.65
Details
7 Analysts
Consensus
LowTargetHigh
13.5414.8816.52
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.060.090.12
Details

Other Forecasting Options for Retail Opportunity

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

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

Retail Opportunity 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 Retail Opportunity'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 Retail Opportunity's current price.

Retail Opportunity Market Strength Events

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

Retail Opportunity Risk Indicators

The analysis of Retail Opportunity'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 Retail Opportunity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting retail 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 Retail Opportunity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Retail Opportunity's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Retail Opportunity Investments Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Retail Opportunity Investments Stock:
Check out Historical Fundamental Analysis of Retail Opportunity 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 Retail REITs 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 Retail Opportunity. If investors know Retail 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 Retail Opportunity 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
2.794
Dividend Share
0.6
Earnings Share
0.45
Revenue Per Share
2.664
Quarterly Revenue Growth
0.021
The market value of Retail Opportunity is measured differently than its book value, which is the value of Retail that is recorded on the company's balance sheet. Investors also form their own opinion of Retail Opportunity's value that differs from its market value or its book value, called intrinsic value, which is Retail Opportunity'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 Retail Opportunity's market value can be influenced by many factors that don't directly affect Retail Opportunity'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 Retail Opportunity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Retail Opportunity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Retail Opportunity'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.