Condor Energies Stock Forward View
| CDR Stock | 1.91 -0.14 -6.83% |
The reference data on this page reflects Naive Prediction output applied to Condor Energies's historical daily closing prices. Forecast values and accuracy statistics are presented for informational purposes.
The Naive Prediction forecasted value of Condor Energies on the next trading day is expected to be 1.96 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.39.This model is not at all useful as a medium-long range forecasting tool of Condor Energies. 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 Condor Energies. 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. The forecast reference data presented here for Condor Energies reflects Naive Prediction model output and is intended as reference material for analytical use. Naive Prediction Price Forecast For the 21st of March
Given 90 days horizon, the Naive Prediction forecasted value of Condor Energies on the next trading day is expected to be 1.96 with a mean absolute deviation of 0.04 , mean absolute percentage error of 0.0024 , and the sum of the absolute errors of 2.39 .Please note that although there have been many attempts to predict Condor 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 Condor Energies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Condor Energies | Condor Energies Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates Condor Energies' predictive range by looking for statistically meaningful downside and upside boundaries. The projected forecast band currently runs from roughly 0.02 on the downside to about 5.56 on the upside.
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 Condor Energies stock data series using in forecasting. Note that when a statistical model is used to represent Condor Energies 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 | 113.9225 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0386 |
| MAPE | Mean absolute percentage error | 0.0201 |
| SAE | Sum of the absolute errors | 2.3934 |
Other Forecasting Options for Condor Energies
Understanding Condor Energies' price movement is a prerequisite for any investor considering Condor as a position. Condor Stock price charts are frequently cluttered with noise that can interfere with accurate interpretation.Condor Energies Related Equities
The following equities are related to Condor Energies within the Energy space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Condor Energies 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 |
Condor Energies Market Strength Events
For traders and investors in Condor Energies, market strength indicators offer a quantitative framework for evaluating the stock's responsiveness to market conditions. These tools help identify when trading Condor Energies shares is most likely to generate favorable returns.
Condor Energies Risk Indicators
Analyzing Condor Energies' risk indicators provides a critical input for price forecasting and investment risk management. By quantifying the risk in Condor Energies' investment, investors can make more informed decisions about their exposure and hedging strategies.
| Mean Deviation | 2.56 | |||
| Semi Deviation | 3.44 | |||
| Standard Deviation | 3.58 | |||
| Variance | 12.83 | |||
| Downside Variance | 15.22 | |||
| Semi Variance | 11.87 | |||
| Expected Short fall | -2.76 |
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 Condor Energies
Coverage intensity for Condor Energies matters because narrative visibility can influence sentiment, participation, and volatility around the name. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
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Condor Energies Short Properties
Short sentiment tied to Condor Energies matters because heavier bearish pressure can change how quickly future price expectations become unstable. 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 | 57.5 M | |
| Cash And Short Term Investments | 27.8 M |
More Resources for Condor Stock Analysis
Other Information on Investing in Condor Stock
Financial ratios for Condor Energies show relationships between important financial metrics. They frame financial performance across earnings, cash flow, and valuation.