Foxx Development Stock Forward View - Simple Exponential Smoothing

FOXX Stock   4.47  0.35  8.50%   
Foxx Stock outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Foxx Development's share price is at 52. This usually indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Foxx Development, making its price go up or down.

Momentum 52

 Impartial

 
Oversold
 
Overbought
The successful prediction of Foxx Development's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Foxx Development Holdings, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Foxx Development's stock price prediction:
Quarterly Revenue Growth
(0.12)
Using Foxx Development hype-based prediction, you can estimate the value of Foxx Development Holdings from the perspective of Foxx Development response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Foxx Development Holdings on the next trading day is expected to be 4.47 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.27.

Foxx Development after-hype prediction price

    
  USD 4.47  
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 Foxx Development to cross-verify your projections.

Foxx Development Additional Predictive Modules

Most predictive techniques to examine Foxx price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Foxx using various technical indicators. When you analyze Foxx 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.
Foxx Development simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Foxx Development Holdings are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Foxx Development Holdings prices get older.

Foxx Development Simple Exponential Smoothing Price Forecast For the 3rd of February

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Foxx Development Holdings on the next trading day is expected to be 4.47 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.28, and the sum of the absolute errors of 21.27.
Please note that although there have been many attempts to predict Foxx Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Foxx Development's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Foxx Development Stock Forecast Pattern

Backtest Foxx Development  Foxx Development Price Prediction  Research Analysis  

Foxx Development Forecasted Value

In the context of forecasting Foxx Development'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. Foxx Development's downside and upside margins for the forecasting period are 0.04 and 19.42, respectively. We have considered Foxx Development'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
4.47
4.47
Expected Value
19.42
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Foxx Development stock data series using in forecasting. Note that when a statistical model is used to represent Foxx Development 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 Criteria114.9975
BiasArithmetic mean of the errors -0.0162
MADMean absolute deviation0.3545
MAPEMean absolute percentage error0.0877
SAESum of the absolute errors21.27
This simple exponential smoothing model begins by setting Foxx Development Holdings forecast for the second period equal to the observation of the first period. In other words, recent Foxx Development observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Foxx Development

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Foxx Development Holdings. 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 Foxx Development's 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.
Hype
Prediction
LowEstimatedHigh
0.224.4719.30
Details
Intrinsic
Valuation
LowRealHigh
0.183.5218.35
Details

Foxx Development After-Hype Price Density Analysis

As far as predicting the price of Foxx Development at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Foxx Development or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Foxx Development, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Foxx Development Estimiated After-Hype Price Volatility

In the context of predicting Foxx Development's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Foxx Development's historical news coverage. Foxx Development's after-hype downside and upside margins for the prediction period are 0.22 and 19.30, respectively. We have considered Foxx Development's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
4.47
4.47
After-hype Price
19.30
Upside
Foxx Development is extremely dangerous at this time. Analysis and calculation of next after-hype price of Foxx Development Holdings is based on 3 months time horizon.

Foxx Development Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Foxx Development is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Foxx Development backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Foxx Development, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  1.35 
14.95
  0.47 
  0.08 
9 Events / Month
5 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
4.47
4.47
0.00 
4,271  
Notes

Foxx Development Hype Timeline

Foxx Development Holdings is currently traded for 4.47. The entity has historical hype elasticity of -0.47, and average elasticity to hype of competition of -0.08. Foxx is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 1.35%. %. The volatility of related hype on Foxx Development is about 25775.86%, with the expected price after the next announcement by competition of 4.39. About 79.0% of the company shares are held by company insiders. The company recorded a loss per share of 1.24. Foxx Development Holdings had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be in about 9 days.
Check out Historical Fundamental Analysis of Foxx Development to cross-verify your projections.

Foxx Development Related Hype Analysis

Having access to credible news sources related to Foxx Development's direct competition is more important than ever and may enhance your ability to predict Foxx Development's future price movements. Getting to know how Foxx Development's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Foxx Development may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CLPSCLPS Inc 0.01 7 per month 3.04  0.07  5.88 (5.56) 34.67 
NXPLNextplat Corp 0.00 9 per month 0.00 (0.03) 8.33 (8.16) 28.43 
NTCLNETCLASS TECHNOLOGY INC(0.01)8 per month 0.00 (0.1) 12.50 (16.36) 71.43 
AIFFFirefly Neuroscience 0.08 5 per month 0.00 (0.23) 5.99 (8.74) 24.51 
VEEAVeea Inc(0.09)7 per month 6.66 (0) 14.29 (10.96) 34.60 
UTSIUTStarcom Holdings Corp(0.01)7 per month 3.16 (0.01) 4.66 (5.20) 22.59 
CNTMConnectM Technology Solutions(0.03)7 per month 9.54  0.12  23.08 (15.38) 54.57 
XBPXBP Europe Holdings(0.29)8 per month 5.99  0.12  10.98 (7.69) 32.60 
SAGTSAGTEC GLOBAL LIMITED(0.02)9 per month 4.08  0.01  8.70 (7.50) 29.68 
ARBEArbe Robotics(0.22)9 per month 0.00 (0.07) 9.71 (8.16) 55.70 

Other Forecasting Options for Foxx Development

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

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

Foxx Development Market Strength Events

Market strength indicators help investors to evaluate how Foxx Development stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Foxx Development shares will generate the highest return on investment. By undertsting and applying Foxx Development stock market strength indicators, traders can identify Foxx Development Holdings entry and exit signals to maximize returns.

Foxx Development Risk Indicators

The analysis of Foxx Development'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 Foxx Development's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting foxx 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.

Story Coverage note for Foxx Development

The number of cover stories for Foxx Development depends on current market conditions and Foxx Development's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Foxx Development is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Foxx Development's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Foxx Development Short Properties

Foxx Development's future price predictability will typically decrease when Foxx Development's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Foxx Development Holdings often depends not only on the future outlook of the potential Foxx Development's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Foxx Development's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding6.1 M
Cash And Short Term Investments1.9 M

Additional Tools for Foxx Stock Analysis

When running Foxx Development's price analysis, check to measure Foxx Development'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 Foxx Development is operating at the current time. Most of Foxx Development's value examination focuses on studying past and present price action to predict the probability of Foxx Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foxx Development's price. Additionally, you may evaluate how the addition of Foxx Development to your portfolios can decrease your overall portfolio volatility.