Valmont Industries Stock Forecast - Naive Prediction
| VMI Stock | USD 347.86 4.28 1.22% |
The Naive Prediction forecasted value of Valmont Industries on the next trading day is expected to be 348.99 with a mean absolute deviation of 4.22 and the sum of the absolute errors of 257.14. Valmont Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Valmont Industries' historical fundamentals, such as revenue growth or operating cash flow patterns.
Valmont |
Valmont Industries Cash Forecast
Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Valmont Industries' financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 1985-12-31 | Previous Quarter 163.1 M | Current Value 200.5 M | Quarterly Volatility 174.3 M |
Valmont Industries Naive Prediction Price Forecast For the 2nd of December
Given 90 days horizon, the Naive Prediction forecasted value of Valmont Industries on the next trading day is expected to be 348.99 with a mean absolute deviation of 4.22, mean absolute percentage error of 31.95, and the sum of the absolute errors of 257.14.Please note that although there have been many attempts to predict Valmont 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 Valmont Industries' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Valmont Industries Stock Forecast Pattern
| Backtest Valmont Industries | Valmont Industries Price Prediction | Buy or Sell Advice |
Valmont Industries Forecasted Value
In the context of forecasting Valmont Industries' 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. Valmont Industries' downside and upside margins for the forecasting period are 347.03 and 350.96, respectively. We have considered Valmont Industries' 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 Valmont Industries stock data series using in forecasting. Note that when a statistical model is used to represent Valmont Industries 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 | 121.5745 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 4.2154 |
| MAPE | Mean absolute percentage error | 0.0133 |
| SAE | Sum of the absolute errors | 257.1411 |
Predictive Modules for Valmont Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Valmont Industries. 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.Other Forecasting Options for Valmont Industries
For every potential investor in Valmont, whether a beginner or expert, Valmont Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Valmont Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Valmont. Basic forecasting techniques help filter out the noise by identifying Valmont Industries' price trends.Valmont Industries 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 Valmont Industries stock to make a market-neutral strategy. Peer analysis of Valmont Industries could also be used in its relative valuation, which is a method of valuing Valmont Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Valmont Industries 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 Valmont Industries' 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 Valmont Industries' current price.| Cycle Indicators | ||
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Valmont Industries Market Strength Events
Market strength indicators help investors to evaluate how Valmont Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Valmont Industries shares will generate the highest return on investment. By undertsting and applying Valmont Industries stock market strength indicators, traders can identify Valmont Industries entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0188 | |||
| Daily Balance Of Power | (0.64) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 350.71 | |||
| Day Typical Price | 349.76 | |||
| Market Facilitation Index | 6.65 | |||
| Price Action Indicator | (4.98) | |||
| Period Momentum Indicator | (4.28) |
Valmont Industries Risk Indicators
The analysis of Valmont Industries' 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 Valmont Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting valmont 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 | 1.26 | |||
| Semi Deviation | 1.01 | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.95 | |||
| Downside Variance | 2.0 | |||
| Semi Variance | 1.01 | |||
| Expected Short fall | (1.35) |
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.
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When determining whether Valmont Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valmont Industries' 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 Valmont Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Valmont Industries Stock:Check out Historical Fundamental Analysis of Valmont Industries to cross-verify your projections. For more detail on how to invest in Valmont Stock please use our How to Invest in Valmont Industries guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Construction & Engineering 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 Valmont Industries. If investors know Valmont 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 Valmont Industries 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 0.166 | Dividend Share 2.4 | Earnings Share 14.71 | Revenue Per Share 200.085 | Quarterly Revenue Growth (0.03) |
The market value of Valmont Industries is measured differently than its book value, which is the value of Valmont that is recorded on the company's balance sheet. Investors also form their own opinion of Valmont Industries' value that differs from its market value or its book value, called intrinsic value, which is Valmont Industries' 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 Valmont Industries' market value can be influenced by many factors that don't directly affect Valmont Industries' 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 Valmont Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Valmont Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valmont Industries' 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.