Chesapeake Utilities Stock Forward View - Simple Moving Average
| CPK Stock | USD 126.61 3.06 2.48% |
Chesapeake Utilities'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 Simple Moving Average forecasted value of Chesapeake Utilities on the next trading day is expected to be 126.61 with a mean absolute deviation of 1.48 and the sum of the absolute errors of 88.55.The simple moving average model is conceptually a linear regression of the current value of Chesapeake Utilities price series against current and previous (unobserved) value of Chesapeake Utilities. 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 Chesapeake Utilities are reference data reflecting model output based on available historical prices. Simple Moving Average Price Forecast For the 25th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Chesapeake Utilities on the next trading day is expected to be 126.61 with a mean absolute deviation of 1.48 , mean absolute percentage error of 3.35 , and the sum of the absolute errors of 88.55 .Please note that although there have been many attempts to predict Chesapeake 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 Chesapeake Utilities' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Chesapeake Utilities | Chesapeake Utilities Price Prediction | Research Analysis |
Forecasted Value
Forecasting Chesapeake Utilities for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. At the moment, the model places downside around 125.30 and upside around 127.92 for the forecasting period.
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 Chesapeake Utilities stock data series using in forecasting. Note that when a statistical model is used to represent Chesapeake Utilities 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 | 117.4805 |
| Bias | Arithmetic mean of the errors | -0.0341 |
| MAD | Mean absolute deviation | 1.4758 |
| MAPE | Mean absolute percentage error | 0.0115 |
| SAE | Sum of the absolute errors | 88.545 |
Other Forecasting Options for Chesapeake Utilities
Bollinger Bands applied to Chesapeake Stock price data measure how far Chesapeake has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to Chesapeake Utilities' price data.Chesapeake Utilities Related Equities
These stocks are related to Chesapeake Utilities within the Utilities space and can be used for peer review, pricing, or spreading risk. Revenue and margin checks across this group help investors set expectations for Chesapeake Utilities' results. Persistent outperformance or underperformance by specific peers relative to Chesapeake Utilities often signals structural advantages or weaknesses.
| Risk & Return | Correlation |
Chesapeake Utilities Market Strength Events
For investors tracking Chesapeake Utilities, market strength indicators offer quantitative evaluation of stock behavior. These indicators add context to timing decisions around Chesapeake Utilities positions.
Chesapeake Utilities Risk Indicators
Analyzing Chesapeake Utilities' basic risk indicators provides investors with a structured view of the risk-return trade-off for chesapeake stock. By identifying the level of risk embedded in Chesapeake Utilities' investment, investors can make informed decisions about position sizing.
| Mean Deviation | 0.9968 | |||
| Semi Deviation | 1.41 | |||
| Standard Deviation | 1.32 | |||
| Variance | 1.74 | |||
| Downside Variance | 2.08 | |||
| Semi Variance | 2.0 | |||
| Expected Short fall | -0.98 |
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 Chesapeake Utilities
The amount of media and story coverage tied to Chesapeake Utilities can signal where market attention is concentrating at the moment. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
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Chesapeake Utilities Short Properties
Short-interest signals around Chesapeake Utilities 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 | 23.5 M | |
| Cash And Short Term Investments | 1.8 M |