Jiangsu Yoke Stock Forecast - Simple Exponential Smoothing
| 002409 Stock | 96.51 3.83 4.13% |
The Simple Exponential Smoothing forecasted value of Jiangsu Yoke Technology on the next trading day is expected to be 96.51 with a mean absolute deviation of 1.87 and the sum of the absolute errors of 112.22. Jiangsu Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Jiangsu Yoke stock prices and determine the direction of Jiangsu Yoke Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Jiangsu Yoke's historical fundamentals, such as revenue growth or operating cash flow patterns.
The relative strength index (RSI) of Jiangsu Yoke's stock price is about 66. This suggests that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Jiangsu, making its price go up or down. Momentum 66
Buy Stretched
Oversold | Overbought |
Quarterly Earnings Growth 0.192 | EPS Estimate Current Year 2.44 | EPS Estimate Next Year 3.16 | Wall Street Target Price 89.15 | Quarterly Revenue Growth 0.247 |
Using Jiangsu Yoke hype-based prediction, you can estimate the value of Jiangsu Yoke Technology from the perspective of Jiangsu Yoke response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Jiangsu Yoke Technology on the next trading day is expected to be 96.51 with a mean absolute deviation of 1.87 and the sum of the absolute errors of 112.22. Jiangsu Yoke after-hype prediction price | CNY 95.22 |
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.
Jiangsu |
Jiangsu Yoke Additional Predictive Modules
Most predictive techniques to examine Jiangsu price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Jiangsu using various technical indicators. When you analyze Jiangsu 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Jiangsu Yoke Simple Exponential Smoothing Price Forecast For the 20th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Jiangsu Yoke Technology on the next trading day is expected to be 96.51 with a mean absolute deviation of 1.87, mean absolute percentage error of 6.22, and the sum of the absolute errors of 112.22.Please note that although there have been many attempts to predict Jiangsu 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 Jiangsu Yoke's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Jiangsu Yoke Stock Forecast Pattern
| Backtest Jiangsu Yoke | Jiangsu Yoke Price Prediction | Buy or Sell Advice |
Jiangsu Yoke Forecasted Value
In the context of forecasting Jiangsu Yoke'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. Jiangsu Yoke's downside and upside margins for the forecasting period are 93.39 and 99.63, respectively. We have considered Jiangsu Yoke'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.
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 Jiangsu Yoke stock data series using in forecasting. Note that when a statistical model is used to represent Jiangsu Yoke 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.| AIC | Akaike Information Criteria | 118.1001 |
| Bias | Arithmetic mean of the errors | -0.3527 |
| MAD | Mean absolute deviation | 1.8703 |
| MAPE | Mean absolute percentage error | 0.024 |
| SAE | Sum of the absolute errors | 112.22 |
Predictive Modules for Jiangsu Yoke
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jiangsu Yoke Technology. 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.Other Forecasting Options for Jiangsu Yoke
For every potential investor in Jiangsu, whether a beginner or expert, Jiangsu Yoke's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jiangsu Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jiangsu. Basic forecasting techniques help filter out the noise by identifying Jiangsu Yoke's price trends.Jiangsu Yoke 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 Jiangsu Yoke stock to make a market-neutral strategy. Peer analysis of Jiangsu Yoke could also be used in its relative valuation, which is a method of valuing Jiangsu Yoke by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Jiangsu Yoke Technology 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 Jiangsu Yoke'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 Jiangsu Yoke's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Jiangsu Yoke Market Strength Events
Market strength indicators help investors to evaluate how Jiangsu Yoke stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jiangsu Yoke shares will generate the highest return on investment. By undertsting and applying Jiangsu Yoke stock market strength indicators, traders can identify Jiangsu Yoke Technology entry and exit signals to maximize returns.
Jiangsu Yoke Risk Indicators
The analysis of Jiangsu Yoke'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 Jiangsu Yoke's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jiangsu 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.
| Mean Deviation | 2.49 | |||
| Semi Deviation | 2.5 | |||
| Standard Deviation | 3.18 | |||
| Variance | 10.11 | |||
| Downside Variance | 7.53 | |||
| Semi Variance | 6.27 | |||
| Expected Short fall | (2.95) |
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 Jiangsu Stock
Jiangsu Yoke financial ratios help investors to determine whether Jiangsu 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 Jiangsu with respect to the benefits of owning Jiangsu Yoke security.