Tucows Stock Forecast - Simple Moving Average

TCX Stock  USD 15.67  0.38  2.49%   
The Simple Moving Average forecasted value of Tucows Inc on the next trading day is expected to be 15.67 with a mean absolute deviation of 0.45 and the sum of the absolute errors of 26.39. Tucows Stock Forecast is based on your current time horizon.
  
At this time, Tucows' Payables Turnover is fairly stable compared to the past year. Receivables Turnover is likely to rise to 27.32 in 2024, whereas Inventory Turnover is likely to drop 32.27 in 2024. . Common Stock Shares Outstanding is likely to rise to about 12.9 M in 2024, despite the fact that Net Loss is likely to grow to (30.1 M).
A two period moving average forecast for Tucows is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Tucows Simple Moving Average Price Forecast For the 25th of December

Given 90 days horizon, the Simple Moving Average forecasted value of Tucows Inc on the next trading day is expected to be 15.67 with a mean absolute deviation of 0.45, mean absolute percentage error of 0.35, and the sum of the absolute errors of 26.39.
Please note that although there have been many attempts to predict Tucows 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 Tucows' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Tucows Stock Forecast Pattern

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Tucows Forecasted Value

In the context of forecasting Tucows' 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. Tucows' downside and upside margins for the forecasting period are 12.57 and 18.77, respectively. We have considered Tucows' 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.
Market Value
15.67
15.67
Expected Value
18.77
Upside

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 Tucows stock data series using in forecasting. Note that when a statistical model is used to represent Tucows 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 Criteria113.396
BiasArithmetic mean of the errors 0.1185
MADMean absolute deviation0.4473
MAPEMean absolute percentage error0.0255
SAESum of the absolute errors26.39
The simple moving average model is conceptually a linear regression of the current value of Tucows Inc price series against current and previous (unobserved) value of Tucows. 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

Predictive Modules for Tucows

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tucows Inc. 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 Tucows' 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.
Hype
Prediction
LowEstimatedHigh
12.0215.1218.22
Details
Intrinsic
Valuation
LowRealHigh
14.1048.8651.96
Details
0 Analysts
Consensus
LowTargetHigh
136.51150.01166.51
Details

Other Forecasting Options for Tucows

For every potential investor in Tucows, whether a beginner or expert, Tucows' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tucows Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tucows. Basic forecasting techniques help filter out the noise by identifying Tucows' price trends.

Tucows 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 Tucows stock to make a market-neutral strategy. Peer analysis of Tucows could also be used in its relative valuation, which is a method of valuing Tucows by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Tucows Inc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Tucows' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Tucows' current price.

Tucows Market Strength Events

Market strength indicators help investors to evaluate how Tucows stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tucows shares will generate the highest return on investment. By undertsting and applying Tucows stock market strength indicators, traders can identify Tucows Inc entry and exit signals to maximize returns.

Tucows Risk Indicators

The analysis of Tucows' 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 Tucows' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tucows 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.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Tucows Stock Analysis

When running Tucows' price analysis, check to measure Tucows' 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 Tucows is operating at the current time. Most of Tucows' value examination focuses on studying past and present price action to predict the probability of Tucows' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tucows' price. Additionally, you may evaluate how the addition of Tucows to your portfolios can decrease your overall portfolio volatility.