China Crystal Stock Forecast - Naive Prediction

A naive forecasting model for China Crystal is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of China Crystal New 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.

China Crystal Naive Prediction Price Forecast For the 23rd of November

Given 90 days horizon, the Naive Prediction forecasted value of China Crystal New on the next trading day is expected to be 872.69 with a mean absolute deviation of 38.37, mean absolute percentage error of 2,082, and the sum of the absolute errors of 2,341.

China Crystal Stock Forecast Pattern

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China Crystal Price Prediction

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China Crystal Forecasted Value

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 China Crystal stock data series using in forecasting. Note that when a statistical model is used to represent China Crystal 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. This model is not at all useful as a medium-long range forecasting tool of China Crystal New. 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 China Crystal. 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 China Crystal

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Crystal New. 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 Low Estimated High 884.93 888.00 891.07 Details

Intrinsic Valuation Low Real High 829.21 832.27 976.80 Details

Bollinger Band Projection (param) Low Middle High 859.83 926.96 994.09 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as China Crystal. Your research has to be compared to or analyzed against China Crystal's peers to derive any actionable benefits. When done correctly, China Crystal'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 China Crystal New.

Other Forecasting Options for China Crystal

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

China Crystal Related Equities

Risk & Return

Correlation

China Crystal New 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 China Crystal'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 China Crystal's current price.

China Crystal Market Strength Events

China Crystal Risk Indicators

Pair Trading with China Crystal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Crystal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Crystal will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in China Stock