Hainan Shuangcheng Stock Forecast - 20 Period Moving Average
| 002693 Stock | 24.00 0.50 2.04% |
The 20 Period Moving Average forecasted value of Hainan Shuangcheng Pharmaceut on the next trading day is expected to be 27.29 with a mean absolute deviation of 7.66 and the sum of the absolute errors of 313.95. Hainan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hainan Shuangcheng stock prices and determine the direction of Hainan Shuangcheng Pharmaceut's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hainan Shuangcheng's historical fundamentals, such as revenue growth or operating cash flow patterns.
Hainan |
Hainan Shuangcheng 20 Period Moving Average Price Forecast For the 28th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Hainan Shuangcheng Pharmaceut on the next trading day is expected to be 27.29 with a mean absolute deviation of 7.66, mean absolute percentage error of 78.69, and the sum of the absolute errors of 313.95.Please note that although there have been many attempts to predict Hainan 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 Hainan Shuangcheng's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Hainan Shuangcheng Stock Forecast Pattern
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Hainan Shuangcheng Forecasted Value
In the context of forecasting Hainan Shuangcheng'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. Hainan Shuangcheng's downside and upside margins for the forecasting period are 19.64 and 34.94, respectively. We have considered Hainan Shuangcheng'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Hainan Shuangcheng stock data series using in forecasting. Note that when a statistical model is used to represent Hainan Shuangcheng 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 | 85.7184 |
| Bias | Arithmetic mean of the errors | -4.767 |
| MAD | Mean absolute deviation | 7.6574 |
| MAPE | Mean absolute percentage error | 0.3148 |
| SAE | Sum of the absolute errors | 313.9515 |
Predictive Modules for Hainan Shuangcheng
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hainan Shuangcheng. 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 Hainan Shuangcheng
For every potential investor in Hainan, whether a beginner or expert, Hainan Shuangcheng's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hainan Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hainan. Basic forecasting techniques help filter out the noise by identifying Hainan Shuangcheng's price trends.Hainan Shuangcheng 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 Hainan Shuangcheng stock to make a market-neutral strategy. Peer analysis of Hainan Shuangcheng could also be used in its relative valuation, which is a method of valuing Hainan Shuangcheng by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hainan Shuangcheng 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 Hainan Shuangcheng'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 Hainan Shuangcheng's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
Hainan Shuangcheng Market Strength Events
Market strength indicators help investors to evaluate how Hainan Shuangcheng stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hainan Shuangcheng shares will generate the highest return on investment. By undertsting and applying Hainan Shuangcheng stock market strength indicators, traders can identify Hainan Shuangcheng Pharmaceut entry and exit signals to maximize returns.
Hainan Shuangcheng Risk Indicators
The analysis of Hainan Shuangcheng'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 Hainan Shuangcheng's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hainan 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 | 6.4 | |||
| Semi Deviation | 5.35 | |||
| Standard Deviation | 7.32 | |||
| Variance | 53.51 | |||
| Downside Variance | 58.45 | |||
| Semi Variance | 28.59 | |||
| Expected Short fall | (8.44) |
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 Hainan Stock
Hainan Shuangcheng financial ratios help investors to determine whether Hainan 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 Hainan with respect to the benefits of owning Hainan Shuangcheng security.