CarPartsCom Stock Forecast - Triple Exponential Smoothing
| PRTS Stock | USD 0.51 0.03 6.25% |
The Triple Exponential Smoothing forecasted value of CarPartsCom on the next trading day is expected to be 0.51 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.17. CarPartsCom Stock Forecast is based on your current time horizon.
At this time, the value of RSI of CarPartsCom's share price is approaching 47 indicating that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling CarPartsCom, making its price go up or down. Momentum 47
Impartial
Oversold | Overbought |
Quarterly Earnings Growth (0.52) | EPS Estimate Next Quarter (0.29) | EPS Estimate Current Year (0.92) | EPS Estimate Next Year (0.46) | Wall Street Target Price 1.05 |
Using CarPartsCom hype-based prediction, you can estimate the value of CarPartsCom from the perspective of CarPartsCom response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards CarPartsCom using CarPartsCom's stock options and short interest. It helps to benchmark the overall future attitude of investors towards CarPartsCom using crowd psychology based on the activity and movement of CarPartsCom's stock price.
CarPartsCom Implied Volatility | 2.07 |
CarPartsCom's implied volatility exposes the market's sentiment of CarPartsCom stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if CarPartsCom's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that CarPartsCom stock will not fluctuate a lot when CarPartsCom's options are near their expiration.
The Triple Exponential Smoothing forecasted value of CarPartsCom on the next trading day is expected to be 0.51 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.17. CarPartsCom after-hype prediction price | USD 0.51 |
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.
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Prediction based on Rule 16 of the current CarPartsCom contract
Based on the Rule 16, the options market is currently suggesting that CarPartsCom will have an average daily up or down price movement of about 0.13% per day over the life of the 2026-04-17 option contract. With CarPartsCom trading at USD 0.51, that is roughly USD 6.6E-4 . If you think that the market is fully incorporating CarPartsCom's daily price movement you should consider acquiring CarPartsCom options at the current volatility level of 2.07%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-04-17 CarPartsCom Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast CarPartsCom's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in CarPartsCom's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for CarPartsCom stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current CarPartsCom's open interest, investors have to compare it to CarPartsCom's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of CarPartsCom is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in CarPartsCom. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
CarPartsCom Additional Predictive Modules
Most predictive techniques to examine CarPartsCom price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CarPartsCom using various technical indicators. When you analyze CarPartsCom 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
CarPartsCom Triple Exponential Smoothing Price Forecast For the 24th of January
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of CarPartsCom on the next trading day is expected to be 0.51 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0007, and the sum of the absolute errors of 1.17.Please note that although there have been many attempts to predict CarPartsCom 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 CarPartsCom's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
CarPartsCom Stock Forecast Pattern
| Backtest CarPartsCom | CarPartsCom Price Prediction | Buy or Sell Advice |
CarPartsCom Forecasted Value
In the context of forecasting CarPartsCom'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. CarPartsCom's downside and upside margins for the forecasting period are 0.01 and 5.62, respectively. We have considered CarPartsCom'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of CarPartsCom stock data series using in forecasting. Note that when a statistical model is used to represent CarPartsCom 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 | 0.0032 |
| MAD | Mean absolute deviation | 0.0195 |
| MAPE | Mean absolute percentage error | 0.0387 |
| SAE | Sum of the absolute errors | 1.17 |
Predictive Modules for CarPartsCom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CarPartsCom. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CarPartsCom's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
CarPartsCom After-Hype Price Prediction Density Analysis
As far as predicting the price of CarPartsCom at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in CarPartsCom or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of CarPartsCom, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
CarPartsCom Estimiated After-Hype Price Volatility
In the context of predicting CarPartsCom's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on CarPartsCom's historical news coverage. CarPartsCom's after-hype downside and upside margins for the prediction period are 0.03 and 5.58, respectively. We have considered CarPartsCom's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
CarPartsCom is out of control at this time. Analysis and calculation of next after-hype price of CarPartsCom is based on 3 months time horizon.
CarPartsCom Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as CarPartsCom is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CarPartsCom backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with CarPartsCom, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.40 | 5.11 | 0.02 | 0.00 | 9 Events / Month | 5 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.51 | 0.51 | 0.00 |
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CarPartsCom Hype Timeline
CarPartsCom is at this time traded for 0.51. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of 0.0. CarPartsCom is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at -0.4%. %. The volatility of related hype on CarPartsCom is about 459900.0%, with the expected price after the next announcement by competition of 0.51. About 16.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.49. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. CarPartsCom has Price/Earnings To Growth (PEG) ratio of 0.28. The entity recorded a loss per share of 0.91. The firm had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be in about 9 days. Check out Historical Fundamental Analysis of CarPartsCom to cross-verify your projections.CarPartsCom Related Hype Analysis
Having access to credible news sources related to CarPartsCom's direct competition is more important than ever and may enhance your ability to predict CarPartsCom's future price movements. Getting to know how CarPartsCom's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how CarPartsCom may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| QVCGA | QVC Group | (0.85) | 9 per month | 9.52 | (0) | 14.97 | (14.29) | 46.70 | |
| TBHC | The Brand House | (0.02) | 6 per month | 0.00 | (0.07) | 5.13 | (5.07) | 16.01 | |
| TLYS | Tillys Inc | (0.02) | 8 per month | 3.35 | 0.03 | 11.36 | (5.60) | 32.45 | |
| FRSX | Foresight Autonomous Holdings | (0.04) | 6 per month | 0.00 | (0.26) | 3.95 | (7.78) | 35.97 | |
| LITB | LightInTheBox Holding Co | 0.01 | 7 per month | 5.83 | 0.03 | 13.41 | (9.79) | 30.20 | |
| FAT | FAT Brands | 0.25 | 13 per month | 0.00 | (0.26) | 11.11 | (14.52) | 44.83 | |
| VNCE | Vince Holding Corp | 0.36 | 10 per month | 0.00 | (0.04) | 7.51 | (6.43) | 25.78 | |
| CDRO | Codere Online Corp | 0.05 | 5 per month | 1.65 | 0.08 | 5.98 | (3.51) | 13.32 | |
| LESL | Leslies | 0.27 | 6 per month | 0.00 | (0.15) | 9.20 | (9.63) | 42.31 |
Other Forecasting Options for CarPartsCom
For every potential investor in CarPartsCom, whether a beginner or expert, CarPartsCom's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CarPartsCom Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CarPartsCom. Basic forecasting techniques help filter out the noise by identifying CarPartsCom's price trends.CarPartsCom 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 CarPartsCom stock to make a market-neutral strategy. Peer analysis of CarPartsCom could also be used in its relative valuation, which is a method of valuing CarPartsCom by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CarPartsCom Market Strength Events
Market strength indicators help investors to evaluate how CarPartsCom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CarPartsCom shares will generate the highest return on investment. By undertsting and applying CarPartsCom stock market strength indicators, traders can identify CarPartsCom entry and exit signals to maximize returns.
CarPartsCom Risk Indicators
The analysis of CarPartsCom'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 CarPartsCom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting carpartscom 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 | 3.78 | |||
| Standard Deviation | 5.06 | |||
| Variance | 25.6 |
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 CarPartsCom
The number of cover stories for CarPartsCom depends on current market conditions and CarPartsCom's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that CarPartsCom is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about CarPartsCom's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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CarPartsCom Short Properties
CarPartsCom's future price predictability will typically decrease when CarPartsCom's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of CarPartsCom often depends not only on the future outlook of the potential CarPartsCom's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. CarPartsCom's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 57 M | |
| Cash And Short Term Investments | 36.4 M |
Additional Tools for CarPartsCom Stock Analysis
When running CarPartsCom's price analysis, check to measure CarPartsCom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CarPartsCom is operating at the current time. Most of CarPartsCom's value examination focuses on studying past and present price action to predict the probability of CarPartsCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarPartsCom's price. Additionally, you may evaluate how the addition of CarPartsCom to your portfolios can decrease your overall portfolio volatility.