Shanghai CEO Stock Forecast - Simple Moving Average

688335 Stock   9.52  0.34  3.45%   
The Simple Moving Average forecasted value of Shanghai CEO Environmental on the next trading day is expected to be 9.52 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 12.82. Shanghai Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shanghai CEO stock prices and determine the direction of Shanghai CEO Environmental's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shanghai CEO's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shanghai CEO's Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 229.6 M, whereas Total Assets are forecasted to decline to about 923.1 M.
A two period moving average forecast for Shanghai CEO is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Shanghai CEO Simple Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the Simple Moving Average forecasted value of Shanghai CEO Environmental on the next trading day is expected to be 9.52 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.11, and the sum of the absolute errors of 12.82.
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 CEO's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Shanghai CEO Stock Forecast Pattern

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Shanghai CEO Forecasted Value

In the context of forecasting Shanghai CEO'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 CEO's downside and upside margins for the forecasting period are 6.45 and 12.59, respectively. We have considered Shanghai CEO'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
9.52
9.52
Expected Value
12.59
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Shanghai CEO stock data series using in forecasting. Note that when a statistical model is used to represent Shanghai CEO 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 Criteria112.1846
BiasArithmetic mean of the errors -0.0524
MADMean absolute deviation0.2173
MAPEMean absolute percentage error0.0238
SAESum of the absolute errors12.82
The simple moving average model is conceptually a linear regression of the current value of Shanghai CEO Environmental price series against current and previous (unobserved) value of Shanghai CEO. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Shanghai CEO

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 CEO Environ. 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
6.549.6112.68
Details
Intrinsic
Valuation
LowRealHigh
4.677.7410.81
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shanghai CEO. Your research has to be compared to or analyzed against Shanghai CEO's peers to derive any actionable benefits. When done correctly, Shanghai CEO'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 CEO Environ.

Other Forecasting Options for Shanghai CEO

For every potential investor in Shanghai, whether a beginner or expert, Shanghai CEO'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 CEO's price trends.

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

Shanghai CEO Environ 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 CEO'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 CEO's current price.

Shanghai CEO Market Strength Events

Market strength indicators help investors to evaluate how Shanghai CEO 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 CEO shares will generate the highest return on investment. By undertsting and applying Shanghai CEO stock market strength indicators, traders can identify Shanghai CEO Environmental entry and exit signals to maximize returns.

Shanghai CEO Risk Indicators

The analysis of Shanghai CEO'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 CEO'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 CEO 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 CEO security.