Skyworks Solutions Stock Forward View

SWKS Stock  USD 54.44  -0.05  -0.09%   
This page documents Naive Prediction forecast output for Skyworks Solutions as reference data. The model is applied to historical closing prices and the resulting projection and error statistics are shown below. Key metrics including projected price and mean absolute deviation are summarized below.
The Naive Prediction forecasted value of Skyworks Solutions on the next trading day is expected to be 57.43 with a mean absolute deviation of 1.10 and the sum of the absolute errors of 67.06.This model is not at all useful as a medium-long range forecasting tool of Skyworks Solutions. 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 Skyworks Solutions. 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. Skyworks Solutions's Naive Prediction reference values are drawn from available trading data and are presented for informational reference only.

Skyworks Solutions Cash Forecast

Cash forecasting for Skyworks Solutions integrates regression, time-series decomposition, and machine learning techniques. Algorithms process these patterns to generate probability-weighted predictions of Skyworks Solutions's future performance. The quality of a cash forecast depends on the accuracy of assumptions about Skyworks Solutions' revenue and cost trends.
 
Cash  
 First Reported
1986-03-31
 Previous Quarter
1.2 B
 Current Value
1.6 B
 Quarterly Volatility
530.5 M
Macro event markers
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
A naive forecasting model for Skyworks Solutions is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Skyworks Solutions value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Naive Prediction Price Forecast For the 25th of March

Given 90 days horizon, the Naive Prediction forecasted value of Skyworks Solutions on the next trading day is expected to be 57.43 with a mean absolute deviation of 1.10 , mean absolute percentage error of 1.94 , and the sum of the absolute errors of 67.06 .
Please note that although there have been many attempts to predict Skyworks 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 Skyworks Solutions' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Stock Forecast Pattern

Backtest Skyworks Solutions  Skyworks Solutions Price Prediction  Research Analysis  

Forecasted Value

For the next trading day, Macroaxis evaluates Skyworks Solutions' predictive range by looking for statistically meaningful downside and upside boundaries. No forecasting approach has been shown to beat all others over time. Investors should treat any model output as a guide, not a guarantee.
Market Value
54.44
57.43
Expected Value
59.79
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 Skyworks Solutions stock data series using in forecasting. Note that when a statistical model is used to represent Skyworks Solutions 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.
AICAkaike Information Criteria118.7716
BiasArithmetic mean of the errors None
MADMean absolute deviation1.0993
MAPEMean absolute percentage error0.0188
SAESum of the absolute errors67.0551
This model is not at all useful as a medium-long range forecasting tool of Skyworks Solutions. 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 Skyworks Solutions. 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.

Other Forecasting Options for Skyworks Solutions

MACD analysis of Skyworks tracks the relationship between two exponential moving averages of Skyworks Solutions' price. Many Skyworks Solutions' traders use Fibonacci levels to set entry and exit targets based on prior price swings. Average True Range measures the typical daily price swing for Skyworks, accounting for gaps.

Skyworks Solutions Related Equities

These related stocks within the Information Technology space give benchmarks for judging Skyworks Solutions' results, margins, and growth trend. Checking Skyworks Solutions against peers on P/E, margins, and return on equity helps put its position in context. Firms that trade at big discounts to peers on core metrics may be worth more research.
 Risk & Return  Correlation

Skyworks Solutions Market Strength Events

Market strength indicators for Skyworks Solutions assess how the stock responds to changes in investor sentiment. These signals support informed decisions about when to enter or exit Skyworks Solutions positions. Market strength signals help investors time Skyworks Solutions positions with greater precision and confidence.

Skyworks Solutions Risk Indicators

Risk indicator analysis for Skyworks Solutions is a critical component of accurate price forecasting. Identifying and quantifying the risks associated with Skyworks Solutions' allows investors to make better-informed decisions. Understanding Skyworks Solutions' risk indicators is a fundamental step in managing investment exposure responsibly.
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 Skyworks Solutions

A coverage review of Skyworks Solutions shows when the security is attracting above-average attention from contributors and market observers. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.

Skyworks Solutions Short Properties

Short sentiment tied to Skyworks Solutions matters because heavier bearish pressure can change how quickly future price expectations become unstable. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
Common Stock Shares Outstanding155.1 M
Cash And Short Term Investments1.4 B

Additional Tools for Skyworks Stock Analysis

Content Syndication
Quickly integrate customizable finance content to your own investment portal
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Holdings
Check your current holdings and cash position to determine if your portfolio needs rebalancing
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments