Helix Wind Stock Forecast - Naive Prediction
The Naive Prediction forecasted value of Helix Wind Corp on the next trading day is expected to be 0.000015 with a mean absolute deviation of 0.000021 and the sum of the absolute errors of 0. Helix Stock Forecast is based on your current time horizon.
Inventory Turnover is likely to drop to 3.76 in 2025. Payables Turnover is likely to drop to 0.09 in 2025. Net Income Applicable To Common Shares is likely to climb to about 11.3 M in 2025. Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Helix Wind's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 100.5 K | Current Value 105.5 K | Quarterly Volatility 22.4 K |
Helix Wind Naive Prediction Price Forecast For the 29th of December
Given 90 days horizon, the Naive Prediction forecasted value of Helix Wind Corp on the next trading day is expected to be 0.000015 with a mean absolute deviation of 0.000021, 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 Helix 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 Helix Wind's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Helix Wind Stock Forecast Pattern
| Backtest Helix Wind | Helix Wind Price Prediction | Buy or Sell Advice |
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 Helix Wind stock data series using in forecasting. Note that when a statistical model is used to represent Helix Wind 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 | 96.9879 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 9.223372036854776E14 |
| SAE | Sum of the absolute errors | 0.0013 |
Predictive Modules for Helix Wind
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Helix Wind Corp. 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 Helix Wind'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.
Helix Wind 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 Helix Wind stock to make a market-neutral strategy. Peer analysis of Helix Wind could also be used in its relative valuation, which is a method of valuing Helix Wind by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
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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 Helix Stock Analysis
When running Helix Wind's price analysis, check to measure Helix Wind'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 Helix Wind is operating at the current time. Most of Helix Wind's value examination focuses on studying past and present price action to predict the probability of Helix Wind's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helix Wind's price. Additionally, you may evaluate how the addition of Helix Wind to your portfolios can decrease your overall portfolio volatility.