Xiamen Kehua Stock Forecast - Simple Regression

002335 Stock   30.39  0.55  1.84%   
The Simple Regression forecasted value of Xiamen Kehua Hengsheng on the next trading day is expected to be 27.72 with a mean absolute deviation of 1.86 and the sum of the absolute errors of 115.34. Xiamen Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Xiamen Kehua stock prices and determine the direction of Xiamen Kehua Hengsheng's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Xiamen Kehua's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Xiamen Kehua's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 3.6 B, whereas Other Current Liabilities is forecasted to decline to about 22.1 M.
Simple Regression model is a single variable regression model that attempts to put a straight line through Xiamen Kehua price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Xiamen Kehua Simple Regression Price Forecast For the 17th of January 2025

Given 90 days horizon, the Simple Regression forecasted value of Xiamen Kehua Hengsheng on the next trading day is expected to be 27.72 with a mean absolute deviation of 1.86, mean absolute percentage error of 4.41, and the sum of the absolute errors of 115.34.
Please note that although there have been many attempts to predict Xiamen 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 Xiamen Kehua's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Xiamen Kehua Stock Forecast Pattern

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Xiamen Kehua Forecasted Value

In the context of forecasting Xiamen Kehua'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. Xiamen Kehua's downside and upside margins for the forecasting period are 23.74 and 31.69, respectively. We have considered Xiamen Kehua'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.
Market Value
30.39
27.72
Expected Value
31.69
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Xiamen Kehua stock data series using in forecasting. Note that when a statistical model is used to represent Xiamen Kehua 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 Criteria121.4327
BiasArithmetic mean of the errors None
MADMean absolute deviation1.8603
MAPEMean absolute percentage error0.0719
SAESum of the absolute errors115.3416
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Xiamen Kehua Hengsheng historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Xiamen Kehua

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xiamen Kehua Hengsheng. 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
25.9929.9733.95
Details
Intrinsic
Valuation
LowRealHigh
19.9323.9133.43
Details
Bollinger
Band Projection (param)
LowMiddleHigh
25.2528.7432.23
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.190.210.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Xiamen Kehua. Your research has to be compared to or analyzed against Xiamen Kehua's peers to derive any actionable benefits. When done correctly, Xiamen Kehua'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 Xiamen Kehua Hengsheng.

Other Forecasting Options for Xiamen Kehua

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

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

Xiamen Kehua Hengsheng 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 Xiamen Kehua's 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 Xiamen Kehua's current price.

Xiamen Kehua Market Strength Events

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

Xiamen Kehua Risk Indicators

The analysis of Xiamen Kehua'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 Xiamen Kehua's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting xiamen 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.

Other Information on Investing in Xiamen Stock

Xiamen Kehua financial ratios help investors to determine whether Xiamen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Xiamen with respect to the benefits of owning Xiamen Kehua security.