Terrace Ventures Stock Forecast - Naive Prediction
| TVER Stock | USD 0.0002 0.00 0.00% |
The Naive Prediction forecasted value of Terrace Ventures on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.000085 and the sum of the absolute errors of 0.01. Terrace Stock Forecast is based on your current time horizon. Although Terrace Ventures' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Terrace Ventures' systematic risk associated with finding meaningful patterns of Terrace Ventures fundamentals over time.
Terrace |
Terrace Ventures Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Terrace Ventures' financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 2010-12-31 | Previous Quarter 823.4 | Current Value 782.23 | Quarterly Volatility 17.7 K |
Terrace Ventures Naive Prediction Price Forecast For the 12th of December 2024
Given 90 days horizon, the Naive Prediction forecasted value of Terrace Ventures on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.000085, mean absolute percentage error of 0.00000002, and the sum of the absolute errors of 0.01.Please note that although there have been many attempts to predict Terrace 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 Terrace Ventures' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Terrace Ventures Stock Forecast Pattern
| Backtest Terrace Ventures | Terrace Ventures Price Prediction | Buy or Sell Advice |
Terrace Ventures Forecasted Value
In the context of forecasting Terrace Ventures' 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. Terrace Ventures' downside and upside margins for the forecasting period are 0.000002 and 9.92, respectively. We have considered Terrace Ventures' 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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Terrace Ventures stock data series using in forecasting. Note that when a statistical model is used to represent Terrace Ventures 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.| AIC | Akaike Information Criteria | 100.1943 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.0E-4 |
| MAPE | Mean absolute percentage error | 0.2463 |
| SAE | Sum of the absolute errors | 0.0052 |
Predictive Modules for Terrace Ventures
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Terrace Ventures. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Terrace Ventures' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Terrace Ventures
For every potential investor in Terrace, whether a beginner or expert, Terrace Ventures' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Terrace Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Terrace. Basic forecasting techniques help filter out the noise by identifying Terrace Ventures' price trends.Terrace Ventures 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 Terrace Ventures stock to make a market-neutral strategy. Peer analysis of Terrace Ventures could also be used in its relative valuation, which is a method of valuing Terrace Ventures by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Terrace Ventures 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 Terrace Ventures' 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 Terrace Ventures' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
Terrace Ventures Market Strength Events
Market strength indicators help investors to evaluate how Terrace Ventures stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Terrace Ventures shares will generate the highest return on investment. By undertsting and applying Terrace Ventures stock market strength indicators, traders can identify Terrace Ventures entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 2.0E-4 | |||
| Day Typical Price | 2.0E-4 |
Terrace Ventures Risk Indicators
The analysis of Terrace Ventures' 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 Terrace Ventures' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting terrace 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.
| Mean Deviation | 2.39 | |||
| Standard Deviation | 9.85 | |||
| Variance | 96.97 |
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.
Pair Trading with Terrace Ventures
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Terrace Ventures position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Terrace Ventures will appreciate offsetting losses from the drop in the long position's value.Moving together with Terrace Stock
Moving against Terrace Stock
| 0.88 | LAC | Lithium Americas Corp | PairCorr |
| 0.87 | NAK | Northern Dynasty Minerals | PairCorr |
| 0.8 | NVA | Nova Minerals Limited | PairCorr |
| 0.76 | MP | MP Materials Corp | PairCorr |
| 0.72 | CMP | Compass Minerals Int | PairCorr |
The ability to find closely correlated positions to Terrace Ventures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Terrace Ventures when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Terrace Ventures - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Terrace Ventures to buy it.
The correlation of Terrace Ventures is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Terrace Ventures moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Terrace Ventures moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Terrace Ventures can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Terrace Stock Analysis
When running Terrace Ventures' price analysis, check to measure Terrace Ventures' 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 Terrace Ventures is operating at the current time. Most of Terrace Ventures' value examination focuses on studying past and present price action to predict the probability of Terrace Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Terrace Ventures' price. Additionally, you may evaluate how the addition of Terrace Ventures to your portfolios can decrease your overall portfolio volatility.