Crown Holdings Stock Forward View - Simple Moving Average
| CCK Stock | USD 102.51 -0.70 -0.68% |
Crown Holdings's Simple Moving Average reference page covers the model's projected value and error measures from recent price data. The forecast output and associated deviation metrics are shown for informational use. The model is fitted to available historical daily prices for Crown Holdings. This page is updated as new daily closing prices become available for Crown Holdings.
The Simple Moving Average forecasted value of Crown Holdings on the next trading day is expected to be 102.86 with a mean absolute deviation of 1.53 and the sum of the absolute errors of 90.04.The simple moving average model is conceptually a linear regression of the current value of Crown Holdings price series against current and previous (unobserved) value of Crown Holdings. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future All Simple Moving Average forecast figures shown for Crown Holdings are reference data reflecting model output based on available historical prices. Simple Moving Average Price Forecast For the 27th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Crown Holdings on the next trading day is expected to be 102.86 with a mean absolute deviation of 1.53 , mean absolute percentage error of 4.21 , and the sum of the absolute errors of 90.04 .Please note that although there have been many attempts to predict Crown 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 Crown Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Crown Holdings | Crown Holdings Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Crown Holdings focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 101.24 and upside near 104.48.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Crown Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Crown Holdings 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 | 115.8724 |
| Bias | Arithmetic mean of the errors | 0.0166 |
| MAD | Mean absolute deviation | 1.5261 |
| MAPE | Mean absolute percentage error | 0.0143 |
| SAE | Sum of the absolute errors | 90.04 |
Other Forecasting Options for Crown Holdings
Bollinger Bands applied to Crown Stock price data measure how far Crown has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to Crown Holdings' price data. On-balance volume for Crown Stock creates a running indicator of buying versus selling pressure in Crown. Price departures from the channel boundary often mean-revert, offering tactical signals for Crown Holdings'.Crown Holdings Related Equities
These related stocks within the Materials space give benchmarks for judging Crown Holdings' results, margins, and growth trend. Profit comparisons show whether Crown Holdings earns above or below average returns next to its peers.
| Risk & Return | Correlation |
Crown Holdings Market Strength Events
For investors tracking Crown Holdings, market strength indicators offer quantitative evaluation of stock behavior. These indicators add context to timing decisions around Crown Holdings positions. These indicators capture shifts in momentum that may precede significant price moves in Crown Holdings. These metrics provide actionable context for both entry and risk management decisions around Crown Holdings.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 102.51 | |||
| Day Typical Price | 102.51 | |||
| Price Action Indicator | -0.35 | |||
| Period Momentum Indicator | -0.70 | |||
| Relative Strength Index | 34.3 |
Crown Holdings Risk Indicators
Analyzing Crown Holdings' basic risk indicators provides investors with a structured view of the risk-return trade-off for crown stock. By identifying the level of risk embedded in Crown Holdings' investment, investors can make informed decisions about position sizing. Analyzing Crown Holdings' risk indicators gives investors important context for price forecasting. Understanding the risk in Crown Holdings' investment allows investors to make informed choices about mitigating exposure.
| Mean Deviation | 1.19 | |||
| Semi Deviation | 1.54 | |||
| Standard Deviation | 1.57 | |||
| Variance | 2.46 | |||
| Downside Variance | 2.54 | |||
| Semi Variance | 2.36 | |||
| Expected Short fall | -1.26 |
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 Crown Holdings
Story coverage around Crown Holdings often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage separates durable relevance from temporary noise.
Contributor Headline
Latest Perspective From Macroaxis
Crown Holdings Short Properties
A short-interest review of Crown Holdings provides context for understanding whether skepticism in the market is becoming more influential. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Common Stock Shares Outstanding | 115.7 M | |
| Cash And Short Term Investments | 879 M |