ZOOZ Power Stock Forecast - Simple Exponential Smoothing

ZOOZW Stock   0.05  0.01  18.56%   
ZOOZ Stock outlook is based on your current time horizon.
At this time, the value of RSI of ZOOZ Power's share price is approaching 39. This usually means 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 ZOOZ Power, making its price go up or down.

Momentum 39

 Sell Extended

 
Oversold
 
Overbought
The successful prediction of ZOOZ Power's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of ZOOZ Power and does not consider all of the tangible or intangible factors available from ZOOZ Power's fundamental data. We analyze noise-free headlines and recent hype associated with ZOOZ Power Ltd, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting ZOOZ Power's stock price prediction:
Quarterly Revenue Growth
(0.55)
Using ZOOZ Power hype-based prediction, you can estimate the value of ZOOZ Power Ltd from the perspective of ZOOZ Power response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of ZOOZ Power Ltd on the next trading day is expected to be 0.05 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.51.

ZOOZ Power after-hype prediction price

    
  USD 0.04  
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.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

ZOOZ Power Additional Predictive Modules

Most predictive techniques to examine ZOOZ price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ZOOZ using various technical indicators. When you analyze ZOOZ 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.
ZOOZ Power simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for ZOOZ Power Ltd are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as ZOOZ Power prices get older.

ZOOZ Power Simple Exponential Smoothing Price Forecast For the 27th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of ZOOZ Power Ltd on the next trading day is expected to be 0.05 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.51.
Please note that although there have been many attempts to predict ZOOZ 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 ZOOZ Power's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ZOOZ Power Stock Forecast Pattern

Backtest ZOOZ Power  ZOOZ Power Price Prediction  Buy or Sell Advice  

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of ZOOZ Power stock data series using in forecasting. Note that when a statistical model is used to represent ZOOZ Power 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 Criteria107.5848
BiasArithmetic mean of the errors 0.002
MADMean absolute deviation0.0084
MAPEMean absolute percentage error0.0884
SAESum of the absolute errors0.5069
This simple exponential smoothing model begins by setting ZOOZ Power Ltd forecast for the second period equal to the observation of the first period. In other words, recent ZOOZ Power observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for ZOOZ Power

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZOOZ Power. 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.
Hype
Prediction
LowEstimatedHigh
0.000.0412.71
Details
Intrinsic
Valuation
LowRealHigh
0.000.0512.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ZOOZ Power. Your research has to be compared to or analyzed against ZOOZ Power's peers to derive any actionable benefits. When done correctly, ZOOZ Power's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ZOOZ Power.

ZOOZ Power After-Hype Price Density Analysis

As far as predicting the price of ZOOZ Power 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 ZOOZ Power 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 ZOOZ Power, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

ZOOZ Power Estimiated After-Hype Price Volatility

In the context of predicting ZOOZ Power's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ZOOZ Power's historical news coverage. ZOOZ Power's after-hype downside and upside margins for the prediction period are 0.00 and 12.71, respectively. We have considered ZOOZ Power'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
0.05
0.04
After-hype Price
12.71
Upside
ZOOZ Power is out of control at this time. Analysis and calculation of next after-hype price of ZOOZ Power is based on 3 months time horizon.

ZOOZ Power Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as ZOOZ Power is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ZOOZ Power 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 ZOOZ Power, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  2.38 
12.67
  0.01 
  2.41 
7 Events / Month
5 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.05
0.04
16.49 
575,909  
Notes

ZOOZ Power Hype Timeline

ZOOZ Power is at this time traded for 0.05. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of -2.41. ZOOZ is forecasted to decline in value after the next headline, with the price expected to drop to 0.04. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -16.49%, whereas the daily expected return is at this time at -2.38%. The volatility of related hype on ZOOZ Power is about 1249.49%, with the expected price after the next announcement by competition of -2.36. The company had not issued any dividends in recent years. Assuming the 90 days horizon the next forecasted press release will be in about 7 days.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

ZOOZ Power Related Hype Analysis

Having access to credible news sources related to ZOOZ Power's direct competition is more important than ever and may enhance your ability to predict ZOOZ Power's future price movements. Getting to know how ZOOZ Power'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 ZOOZ Power may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
JFBRJeffs Brands 0.01 11 per month 0.00 (0.06) 13.75 (15.53) 166.56 
NVVENuvve Holding Corp(0.67)10 per month 11.88  0.02  34.19 (20.38) 250.51 
YYAIConnexa Sports Technologies 0.12 9 per month 0.00 (0.02) 20.19 (19.00) 184.13 
WBUYWEBUY GLOBAL LTD 2.05 4 per month 9.54  0.01  22.73 (11.74) 153.14 
FFAIWFaraday Future Intelligent(0.0001)10 per month 12.49  0.02  23.33 (17.07) 103.65 
VMARVision Marine Technologies(11.64)5 per month 0.00 (0.08) 9.84 (20.35) 208.75 
IVPInspire Veterinary Partners 0.01 10 per month 0.00  0.12  19.05 (43.59) 357,210 
ARKOArko Corp(0.03)8 per month 2.59  0.09  5.91 (2.93) 18.08 
CTHRCharles Colvard 0.00 0 per month 27.49  0.17  150.00 (61.15) 597.51 
MKDWMKDWELL Tech Ordinary 0.01 5 per month 0.00  0.12  10.00 (5.88) 2,863 

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

ZOOZ Power Market Strength Events

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

ZOOZ Power Risk Indicators

The analysis of ZOOZ Power'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 ZOOZ Power's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zooz 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.

Story Coverage note for ZOOZ Power

The number of cover stories for ZOOZ Power depends on current market conditions and ZOOZ Power's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ZOOZ Power 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 ZOOZ Power's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

ZOOZ Power Short Properties

ZOOZ Power's future price predictability will typically decrease when ZOOZ Power's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ZOOZ Power Ltd often depends not only on the future outlook of the potential ZOOZ Power'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. ZOOZ Power's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding10.1 M
Cash And Short Term Investments7.5 M

Additional Tools for ZOOZ Stock Analysis

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