1847 Holdings Stock Forecast - Simple Moving Average
| EFSH Stock | USD 0.40 0.01 2.56% |
The Simple Moving Average forecasted value of 1847 Holdings LLC on the next trading day is expected to be 0.40 with a mean absolute deviation of 4.59 and the sum of the absolute errors of 275.27. 1847 Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of 1847 Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
1847 |
1847 Holdings Simple Moving Average Price Forecast For the 27th of November
Given 90 days horizon, the Simple Moving Average forecasted value of 1847 Holdings LLC on the next trading day is expected to be 0.40 with a mean absolute deviation of 4.59, mean absolute percentage error of 94.36, and the sum of the absolute errors of 275.27.Please note that although there have been many attempts to predict 1847 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 1847 Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
1847 Holdings Stock Forecast Pattern
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1847 Holdings Forecasted Value
In the context of forecasting 1847 Holdings' 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. 1847 Holdings' downside and upside margins for the forecasting period are 0 and 35.56, respectively. We have considered 1847 Holdings' 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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of 1847 Holdings stock data series using in forecasting. Note that when a statistical model is used to represent 1847 Holdings 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 | 120.8198 |
| Bias | Arithmetic mean of the errors | 0.7587 |
| MAD | Mean absolute deviation | 4.5879 |
| MAPE | Mean absolute percentage error | 0.311 |
| SAE | Sum of the absolute errors | 275.275 |
Predictive Modules for 1847 Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 1847 Holdings LLC. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 1847 Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for 1847 Holdings
For every potential investor in 1847, whether a beginner or expert, 1847 Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 1847 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 1847. Basic forecasting techniques help filter out the noise by identifying 1847 Holdings' price trends.1847 Holdings 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 1847 Holdings stock to make a market-neutral strategy. Peer analysis of 1847 Holdings could also be used in its relative valuation, which is a method of valuing 1847 Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
1847 Holdings LLC 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 1847 Holdings' 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 1847 Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
1847 Holdings Market Strength Events
Market strength indicators help investors to evaluate how 1847 Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 1847 Holdings shares will generate the highest return on investment. By undertsting and applying 1847 Holdings stock market strength indicators, traders can identify 1847 Holdings LLC entry and exit signals to maximize returns.
| Accumulation Distribution | 410207.0 | |||
| Daily Balance Of Power | 0.1429 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 0.37 | |||
| Day Typical Price | 0.38 | |||
| Price Action Indicator | 0.04 | |||
| Period Momentum Indicator | 0.01 |
1847 Holdings Risk Indicators
The analysis of 1847 Holdings' 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 1847 Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 1847 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.
| Mean Deviation | 17.52 | |||
| Standard Deviation | 34.35 | |||
| Variance | 1180.18 |
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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When determining whether 1847 Holdings LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 1847 Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 1847 Holdings Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 1847 Holdings Llc Stock:Check out Historical Fundamental Analysis of 1847 Holdings to cross-verify your projections. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 1847 Holdings. If investors know 1847 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 1847 Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share -23.5 K | Revenue Per Share 351.204 | Quarterly Revenue Growth (0.11) | Return On Assets (0.13) | Return On Equity (2.59) |
The market value of 1847 Holdings LLC is measured differently than its book value, which is the value of 1847 that is recorded on the company's balance sheet. Investors also form their own opinion of 1847 Holdings' value that differs from its market value or its book value, called intrinsic value, which is 1847 Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 1847 Holdings' market value can be influenced by many factors that don't directly affect 1847 Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 1847 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if 1847 Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1847 Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.