Fuyao Glass Pink Sheet Forward View

Fuyao Glass Additional Predictive Modules

Most predictive techniques to examine Fuyao price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Fuyao using various technical indicators. When you analyze Fuyao 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. A naive forecasting model for Fuyao Glass is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Fuyao Glass Industry 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.

Fuyao Glass Naive Prediction Price Forecast For the 31st of January

Given 90 days horizon, the Naive Prediction forecasted value of Fuyao Glass Industry on the next trading day is expected to be 2.19 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.68.

Fuyao Glass Pink Sheet Forecast Pattern

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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 Fuyao Glass pink sheet data series using in forecasting. Note that when a statistical model is used to represent Fuyao Glass pink sheet, 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 Fuyao Glass Industry. 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 Fuyao Glass. 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 Fuyao Glass

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fuyao Glass Industry. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 0.10 2.07 6.33 Details

Intrinsic Valuation Low Real High 0.09 1.82 6.08 Details

Bollinger Band Projection (param) Low Middle High 1.94 2.10 2.26 Details

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

Fuyao Glass After-Hype Price Density Analysis

Fuyao Glass Estimiated After-Hype Price Volatility

Fuyao Glass Pink Sheet Price Outlook Analysis

Notes

Fuyao Glass Hype Timeline

Fuyao Glass Industry is currently traded for 2.07. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Fuyao is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at -0.03%. %. The volatility of related hype on Fuyao Glass is about 2865.25%, with the expected price after the next announcement by competition of 2.07. The company has price-to-book (P/B) ratio of 1.3. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fuyao Glass Industry last dividend was issued on the 24th of June 2022. Assuming the 90 days horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Fuyao Glass to cross-verify your projections.

Fuyao Glass Related Hype Analysis

Other Forecasting Options for Fuyao Glass

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

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