Clarus Corp Stock Forward View - Double Exponential Smoothing
| CLAR Stock | USD 2.77 0.04 1.47% |
This reference page presents Double Exponential Smoothing forecast data for Clarus Corp. The projected values and error metrics are presented below as reference information.
The Double Exponential Smoothing forecasted value of Clarus Corp on the next trading day is expected to be 2.74 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.19.When Clarus Corp prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Clarus Corp trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Clarus Corp observations are given relatively more weight in forecasting than the older observations. This Double Exponential Smoothing forecast data for Clarus Corp is sourced from the most recent available trading data and is intended solely as reference information. Double Exponential Smoothing Price Forecast For the 25th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Clarus Corp on the next trading day is expected to be 2.74 with a mean absolute deviation of 0.07 , mean absolute percentage error of 0.01 , and the sum of the absolute errors of 4.19 .Please note that although there have been many attempts to predict Clarus 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 Clarus Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Clarus Corp | Clarus Corp Price Prediction | Research Analysis |
Forecasted Value
Forecasting Clarus Corp for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. No forecasting approach has been shown to beat all others over time. Investors should treat any model output as a guide, not a guarantee.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Clarus Corp stock data series using in forecasting. Note that when a statistical model is used to represent Clarus Corp 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.0202 |
| MAD | Mean absolute deviation | 0.071 |
| MAPE | Mean absolute percentage error | 0.0216 |
| SAE | Sum of the absolute errors | 4.19 |
Other Forecasting Options for Clarus Corp
Clarus Corp's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in Clarus often signals an upcoming reversal or acceleration.Clarus Corp Related Equities
These firms work in a similar space as Clarus Corp within the Consumer Discretionary space and serve as useful points for comparison. Peer review on balance sheet metrics shows how Clarus Corp's capital structure stacks up against similar firms. Peer review is most useful when paired with absolute pricing and trend checks. These links can also guide portfolio spreading choices within the sector.
| Risk & Return | Correlation |
Clarus Corp Market Strength Events
Market strength indicators help investors evaluate how Clarus Corp stock reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading Clarus Corp.
Clarus Corp Risk Indicators
The analysis of Clarus Corp's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding Clarus Corp's allows investors to make informed decisions about their exposure.
| Mean Deviation | 1.9 | |||
| Standard Deviation | 2.49 | |||
| Variance | 6.21 |
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 Clarus Corp
A coverage review of Clarus Corp shows when the security is attracting above-average attention from contributors and market observers. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
Contributor Headline
Latest Perspective From Macroaxis
Clarus Corp Short Properties
Short-interest signals around Clarus Corp can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 38.4 M | |
| Cash And Short Term Investments | 36.7 M |
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