Guangzhou Haozhi Stock Forecast - Polynomial Regression

300503 Stock   17.76  1.13  5.98%   
The Polynomial Regression forecasted value of Guangzhou Haozhi Industrial on the next trading day is expected to be 17.91 with a mean absolute deviation of 0.65 and the sum of the absolute errors of 39.91. Guangzhou Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Guangzhou Haozhi stock prices and determine the direction of Guangzhou Haozhi Industrial's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Guangzhou Haozhi's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Guangzhou Haozhi's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 293.7 M, whereas Total Assets are forecasted to decline to about 1.5 B.
Guangzhou Haozhi polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Guangzhou Haozhi Industrial as well as the accuracy indicators are determined from the period prices.

Guangzhou Haozhi Polynomial Regression Price Forecast For the 24th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Guangzhou Haozhi Industrial on the next trading day is expected to be 17.91 with a mean absolute deviation of 0.65, mean absolute percentage error of 0.69, and the sum of the absolute errors of 39.91.
Please note that although there have been many attempts to predict Guangzhou 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 Guangzhou Haozhi's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Guangzhou Haozhi Stock Forecast Pattern

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Guangzhou Haozhi Forecasted Value

In the context of forecasting Guangzhou Haozhi'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. Guangzhou Haozhi's downside and upside margins for the forecasting period are 13.04 and 22.78, respectively. We have considered Guangzhou Haozhi'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
17.76
17.91
Expected Value
22.78
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Guangzhou Haozhi stock data series using in forecasting. Note that when a statistical model is used to represent Guangzhou Haozhi 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 Criteria117.7365
BiasArithmetic mean of the errors None
MADMean absolute deviation0.6543
MAPEMean absolute percentage error0.0441
SAESum of the absolute errors39.9142
A single variable polynomial regression model attempts to put a curve through the Guangzhou Haozhi historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Guangzhou Haozhi

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guangzhou Haozhi Ind. 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
13.9218.7923.66
Details
Intrinsic
Valuation
LowRealHigh
9.4614.3319.20
Details
Bollinger
Band Projection (param)
LowMiddleHigh
17.0718.1419.20
Details

Other Forecasting Options for Guangzhou Haozhi

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

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

Guangzhou Haozhi Ind 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 Guangzhou Haozhi'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 Guangzhou Haozhi's current price.

Guangzhou Haozhi Market Strength Events

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

Guangzhou Haozhi Risk Indicators

The analysis of Guangzhou Haozhi'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 Guangzhou Haozhi's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting guangzhou 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 Guangzhou Stock

Guangzhou Haozhi financial ratios help investors to determine whether Guangzhou 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 Guangzhou with respect to the benefits of owning Guangzhou Haozhi security.