EMamba International Stock Forecast - Naive Prediction

The Naive Prediction forecasted value of eMamba International on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. EMamba Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast EMamba International stock prices and determine the direction of eMamba International's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of EMamba International's historical fundamentals, such as revenue growth or operating cash flow patterns.
At present, EMamba International's Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 159.3 M, whereas Total Assets are forecasted to decline to about 1.4 B.

EMamba International Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the EMamba International's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
151.7 M
Current Value
159.3 M
Quarterly Volatility
56 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for EMamba International is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of eMamba International 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.

EMamba International Naive Prediction Price Forecast For the 29th of December

Given 90 days horizon, the Naive Prediction forecasted value of eMamba International on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict EMamba 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 EMamba International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

EMamba International Stock Forecast Pattern

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EMamba International Forecasted Value

In the context of forecasting EMamba International'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. EMamba International's downside and upside margins for the forecasting period are 0.00 and 0.00, respectively. We have considered EMamba International'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
0.00
0.00
Expected Value
0.00
Upside

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 EMamba International stock data series using in forecasting. Note that when a statistical model is used to represent EMamba International 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 Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of eMamba International. 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 EMamba International. 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 EMamba International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as eMamba International. 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
0.000.000.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as EMamba International. Your research has to be compared to or analyzed against EMamba International's peers to derive any actionable benefits. When done correctly, EMamba International'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 eMamba International.

Other Forecasting Options for EMamba International

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

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

eMamba International 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 EMamba International'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 EMamba International's current price.

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.
When determining whether eMamba International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EMamba International's 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 Emamba International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Emamba International Stock:
Check out Historical Fundamental Analysis of EMamba International to cross-verify your projections.
For information on how to trade EMamba Stock refer to our How to Trade EMamba Stock guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Software - Application 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 EMamba International. If investors know EMamba 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 EMamba International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of eMamba International is measured differently than its book value, which is the value of EMamba that is recorded on the company's balance sheet. Investors also form their own opinion of EMamba International's value that differs from its market value or its book value, called intrinsic value, which is EMamba International's 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 EMamba International's market value can be influenced by many factors that don't directly affect EMamba International's 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 EMamba International's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMamba International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMamba International's 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.