Basically its a theory. The definition of theory is wide though. One of it is speculation. This is speculation.
the⋅o⋅ry
–noun, plural -ries.
1. a coherent group of general propositions used as principles of explanation for a class of phenomena: Einstein's theory of relativity.
2. a proposed explanation whose status is still conjectural, in contrast to well-established propositions that are regarded as reporting matters of actual fact.
3. Mathematics. a body of principles, theorems, or the like, belonging to one subject: number theory.
4. the branch of a science or art that deals with its principles or methods, as distinguished from its practice: music theory.
5. a particular conception or view of something to be done or of the method of doing it; a system of rules or principles.
6. contemplation or speculation.
7. guess or conjecture.
Bold applies to what is being done here.