ASP Isotopes Stock Forward View
| ASPI Stock | USD 4.22 -0.15 -3.43% |
This Naive Prediction reference page for ASP Isotopes Common presents model-generated forecast data based on historical daily prices. The output values and deviation metrics are provided for informational reference.
The Naive Prediction forecasted value of ASP Isotopes Common on the next trading day is projected to be 2.85 with a mean absolute deviation of 0.30 and the sum of the absolute errors of 18.60.This model is not at all useful as a medium-long range forecasting tool of ASP Isotopes Common. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict ASP Isotopes. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights. All Naive Prediction forecast figures shown for ASP Isotopes Common are reference data reflecting model output based on available historical prices. ASP Isotopes Cash Forecast
Predicting ASP Isotopes's cash generation capacity requires analysts to model the relationship between ASP Isotopes' revenue growth, operating margins, and capital intensity over multiple historical periods.
Cash | First Reported 2010-12-31 | Previous Quarter 71.2 M | Current Value 74.7 M | Quarterly Volatility 26.1 M |
Macro event markers
Naive Prediction Price Forecast For the 21st of March
Given 90 days horizon, the Naive Prediction forecasted value of ASP Isotopes Common on the next trading day is expected to be 2.85 with a mean absolute deviation of 0.30 , mean absolute percentage error of 0.14 , and the sum of the absolute errors of 18.60 .Please note that although there have been many attempts to predict ASP Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that ASP Isotopes' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest ASP Isotopes | ASP Isotopes Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for ASP Isotopes Common focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 0.04 and upside near 8.98.
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 ASP Isotopes stock data series using in forecasting. Note that when a statistical model is used to represent ASP Isotopes 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 | 116.1676 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3048 |
| MAPE | Mean absolute percentage error | 0.0506 |
| SAE | Sum of the absolute errors | 18.5953 |
Other Forecasting Options for ASP Isotopes
Price movement is the most fundamental factor that determines whether ASP is a viable investment for any investor. ASP Stock price charts are often noisy, making it difficult to identify meaningful patterns without analytical tools.ASP Isotopes Related Equities
The following equities are related to ASP Isotopes within the Materials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing ASP Isotopes against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
ASP Isotopes Market Strength Events
Assessing the market strength of ASP Isotopes stock provides investors with a clearer picture of how the security reacts to evolving market dynamics. These indicators can be used to identify periods when trading ASP Isotopes Common is most likely to be profitable.
ASP Isotopes Risk Indicators
The analysis of ASP Isotopes' basic risk metrics provides a foundation for forecasting its future price and managing investment risk. Identifying the magnitude of risk in ASP Isotopes' provides context to choose between accepting or hedging their exposure.
| Mean Deviation | 4.52 | |||
| Standard Deviation | 5.94 | |||
| Variance | 35.27 |
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.
Story Coverage note for ASP Isotopes
The amount of media and story coverage tied to ASP Isotopes Common can signal where market attention is concentrating at the moment. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
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ASP Isotopes Short Properties
Reviewing short-oriented indicators for ASP Isotopes Common is useful because long and short participants often create very different signals for timing and volatility. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 55.7 M | |
| Cash And Short Term Investments | 61.9 M |