Alchemy Creative Stock Forecast - Naive Prediction
| ALMY Stock | USD 0.0001 0.00 0.00% |
The Naive Prediction forecasted value of Alchemy Creative on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Alchemy Stock Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Alchemy Creative's share price is below 20 . This suggests that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Revenue Growth (0.51) |
Using Alchemy Creative hype-based prediction, you can estimate the value of Alchemy Creative from the perspective of Alchemy Creative response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Alchemy Creative on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Alchemy Creative after-hype prediction price | USD 1.0E-4 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Alchemy Creative to cross-verify your projections. Alchemy Creative Additional Predictive Modules
Most predictive techniques to examine Alchemy price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Alchemy using various technical indicators. When you analyze Alchemy charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Alchemy Creative's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 311.8 K | Current Value 299.9 K | Quarterly Volatility 17.8 K |
Alchemy Creative Naive Prediction Price Forecast For the 19th of January
Given 90 days horizon, the Naive Prediction forecasted value of Alchemy Creative on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Alchemy 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 Alchemy Creative's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Alchemy Creative Stock Forecast Pattern
| Backtest Alchemy Creative | Alchemy Creative Price Prediction | Buy or Sell Advice |
Alchemy Creative Forecasted Value
In the context of forecasting Alchemy Creative'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. Alchemy Creative's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Alchemy Creative'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.
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 Alchemy Creative stock data series using in forecasting. Note that when a statistical model is used to represent Alchemy Creative 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.| AIC | Akaike Information Criteria | 30.385 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Alchemy Creative
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alchemy Creative. 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.Other Forecasting Options for Alchemy Creative
For every potential investor in Alchemy, whether a beginner or expert, Alchemy Creative's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Alchemy Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Alchemy. Basic forecasting techniques help filter out the noise by identifying Alchemy Creative's price trends.Alchemy Creative 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 Alchemy Creative stock to make a market-neutral strategy. Peer analysis of Alchemy Creative could also be used in its relative valuation, which is a method of valuing Alchemy Creative by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Alchemy Creative 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 Alchemy Creative'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 Alchemy Creative's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Alchemy Creative Market Strength Events
Market strength indicators help investors to evaluate how Alchemy Creative stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alchemy Creative shares will generate the highest return on investment. By undertsting and applying Alchemy Creative stock market strength indicators, traders can identify Alchemy Creative entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
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.Additional Tools for Alchemy Stock Analysis
When running Alchemy Creative's price analysis, check to measure Alchemy Creative's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alchemy Creative is operating at the current time. Most of Alchemy Creative's value examination focuses on studying past and present price action to predict the probability of Alchemy Creative's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alchemy Creative's price. Additionally, you may evaluate how the addition of Alchemy Creative to your portfolios can decrease your overall portfolio volatility.