Suzhou Douson Stock Forecast - 8 Period Moving Average

603800 Stock   22.40  2.06  8.42%   
The 8 Period Moving Average forecasted value of Suzhou Douson Drilling on the next trading day is expected to be 24.05 with a mean absolute deviation of 1.28 and the sum of the absolute errors of 69.33. Suzhou Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Suzhou Douson stock prices and determine the direction of Suzhou Douson Drilling's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Suzhou Douson's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Suzhou Douson's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 2.2 B, whereas Total Assets are forecasted to decline to about 1.9 B.
An 8-period moving average forecast model for Suzhou Douson is based on an artificially constructed time series of Suzhou Douson daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Suzhou Douson 8 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of Suzhou Douson Drilling on the next trading day is expected to be 24.05 with a mean absolute deviation of 1.28, mean absolute percentage error of 2.84, and the sum of the absolute errors of 69.33.
Please note that although there have been many attempts to predict Suzhou 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 Suzhou Douson's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Suzhou Douson Stock Forecast Pattern

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Suzhou Douson Forecasted Value

In the context of forecasting Suzhou Douson'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. Suzhou Douson's downside and upside margins for the forecasting period are 20.02 and 28.07, respectively. We have considered Suzhou Douson'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
22.40
24.05
Expected Value
28.07
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Suzhou Douson stock data series using in forecasting. Note that when a statistical model is used to represent Suzhou Douson 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 Criteria106.2894
BiasArithmetic mean of the errors -0.5725
MADMean absolute deviation1.284
MAPEMean absolute percentage error0.0618
SAESum of the absolute errors69.3338
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Suzhou Douson Drilling 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Suzhou Douson

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Suzhou Douson Drilling. 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
18.3622.3826.40
Details
Intrinsic
Valuation
LowRealHigh
14.0418.0624.64
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.6921.7926.88
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.240.260.28
Details

Other Forecasting Options for Suzhou Douson

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

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

Suzhou Douson Drilling 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 Suzhou Douson'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 Suzhou Douson's current price.

Suzhou Douson Market Strength Events

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

Suzhou Douson Risk Indicators

The analysis of Suzhou Douson'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 Suzhou Douson's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting suzhou 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.

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Other Information on Investing in Suzhou Stock

Suzhou Douson financial ratios help investors to determine whether Suzhou 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 Suzhou with respect to the benefits of owning Suzhou Douson security.