Shanghai Rural Stock Forecast - Naive Prediction

601825 Stock   8.32  0.10  1.22%   
The Naive Prediction forecasted value of Shanghai Rural Commercial on the next trading day is expected to be 8.43 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 7.42. Shanghai Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shanghai Rural stock prices and determine the direction of Shanghai Rural Commercial's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shanghai Rural's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shanghai Rural's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 118 B, whereas Property Plant And Equipment Net is forecasted to decline to about 5.6 B.
A naive forecasting model for Shanghai Rural is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Shanghai Rural Commercial value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Shanghai Rural Naive Prediction Price Forecast For the 1st of December

Given 90 days horizon, the Naive Prediction forecasted value of Shanghai Rural Commercial on the next trading day is expected to be 8.43 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 7.42.
Please note that although there have been many attempts to predict Shanghai 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 Shanghai Rural's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Shanghai Rural Stock Forecast Pattern

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Shanghai Rural Forecasted Value

In the context of forecasting Shanghai Rural'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. Shanghai Rural's downside and upside margins for the forecasting period are 6.65 and 10.21, respectively. We have considered Shanghai Rural'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
8.32
8.43
Expected Value
10.21
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Shanghai Rural stock data series using in forecasting. Note that when a statistical model is used to represent Shanghai Rural 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 Criteria114.3123
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1216
MAPEMean absolute percentage error0.0166
SAESum of the absolute errors7.4189
This model is not at all useful as a medium-long range forecasting tool of Shanghai Rural Commercial. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Shanghai Rural. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Shanghai Rural

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shanghai Rural Commercial. 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
6.608.4010.20
Details
Intrinsic
Valuation
LowRealHigh
6.047.849.64
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shanghai Rural. Your research has to be compared to or analyzed against Shanghai Rural's peers to derive any actionable benefits. When done correctly, Shanghai Rural'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 Shanghai Rural Commercial.

Other Forecasting Options for Shanghai Rural

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

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

Shanghai Rural Commercial 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 Shanghai Rural'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 Shanghai Rural's current price.

Shanghai Rural Market Strength Events

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

Shanghai Rural Risk Indicators

The analysis of Shanghai Rural'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 Shanghai Rural's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shanghai 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

Shanghai Rural financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Rural security.