Camtek Stock Forecast - Polynomial Regression
| CAMT Stock | ILS 34,250 700.00 2.00% |
The Polynomial Regression forecasted value of Camtek on the next trading day is expected to be 36,708 with a mean absolute deviation of 1,811 and the sum of the absolute errors of 110,496. Camtek Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Camtek stock prices and determine the direction of Camtek's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Camtek's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time the value of rsi of Camtek's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Camtek hype-based prediction, you can estimate the value of Camtek from the perspective of Camtek response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Camtek on the next trading day is expected to be 36,708 with a mean absolute deviation of 1,811 and the sum of the absolute errors of 110,496. Camtek after-hype prediction price | ILA 34250.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Camtek |
Camtek Additional Predictive Modules
Most predictive techniques to examine Camtek price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Camtek using various technical indicators. When you analyze Camtek charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Camtek Polynomial Regression Price Forecast For the 3rd of January
Given 90 days horizon, the Polynomial Regression forecasted value of Camtek on the next trading day is expected to be 36,708 with a mean absolute deviation of 1,811, mean absolute percentage error of 5,062,781, and the sum of the absolute errors of 110,496.Please note that although there have been many attempts to predict Camtek 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 Camtek's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Camtek Stock Forecast Pattern
| Backtest Camtek | Camtek Price Prediction | Buy or Sell Advice |
Camtek Forecasted Value
In the context of forecasting Camtek'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. Camtek's downside and upside margins for the forecasting period are 36,705 and 36,712, respectively. We have considered Camtek'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Camtek stock data series using in forecasting. Note that when a statistical model is used to represent Camtek 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 | 133.5479 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1811.4063 |
| MAPE | Mean absolute percentage error | 0.051 |
| SAE | Sum of the absolute errors | 110495.7848 |
Predictive Modules for Camtek
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Camtek. 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 Camtek
For every potential investor in Camtek, whether a beginner or expert, Camtek's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Camtek Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Camtek. Basic forecasting techniques help filter out the noise by identifying Camtek's price trends.Camtek 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 Camtek stock to make a market-neutral strategy. Peer analysis of Camtek could also be used in its relative valuation, which is a method of valuing Camtek by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Camtek 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 Camtek'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 Camtek's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Camtek Market Strength Events
Market strength indicators help investors to evaluate how Camtek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Camtek shares will generate the highest return on investment. By undertsting and applying Camtek stock market strength indicators, traders can identify Camtek entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0172 | |||
| Daily Balance Of Power | (1.17) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 34550.0 | |||
| Day Typical Price | 34450.0 | |||
| Market Facilitation Index | 600.0 | |||
| Price Action Indicator | (650.00) | |||
| Period Momentum Indicator | (700.00) |
Camtek Risk Indicators
The analysis of Camtek'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 Camtek's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting camtek 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 | 2.49 | |||
| Semi Deviation | 2.77 | |||
| Standard Deviation | 3.38 | |||
| Variance | 11.4 | |||
| Downside Variance | 9.26 | |||
| Semi Variance | 7.68 | |||
| Expected Short fall | (3.14) |
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.| JBL | Jabil Circuit | |
| MRK | Merck Company | |
| AMGN | Amgen Inc |
Additional Information and Resources on Investing in Camtek Stock
When determining whether Camtek is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Camtek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Camtek Stock. Highlighted below are key reports to facilitate an investment decision about Camtek Stock:Check out Historical Fundamental Analysis of Camtek to cross-verify your projections. For information on how to trade Camtek Stock refer to our How to Trade Camtek Stock guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.