IMing Corp Stock Forecast - Naive Prediction
| IMNG Stock | USD 0.0001 0.00 0.00% |
The Naive Prediction forecasted value of iMing Corp on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. IMing Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of IMing Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time, IMing Corp's Accounts Payable is most likely to decrease significantly in the upcoming years. The IMing Corp's current Cash is estimated to increase to about 41.9 K, while Net Tangible Assets are projected to decrease to (295.7 K). IMing Corp Cash Forecast
Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the IMing Corp's financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 2010-12-31 | Previous Quarter 39.9 K | Current Value 41.9 K | Quarterly Volatility 7 K |
IMing Corp Naive Prediction Price Forecast For the 26th of December
Given 90 days horizon, the Naive Prediction forecasted value of iMing Corp on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, 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 IMing 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 IMing Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
IMing Corp Stock 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 IMing Corp stock data series using in forecasting. Note that when a statistical model is used to represent IMing Corp 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 | 30.385 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for IMing Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as iMing 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.IMing Corp 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 IMing Corp stock to make a market-neutral strategy. Peer analysis of IMing Corp could also be used in its relative valuation, which is a method of valuing IMing Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
IMing Corp Market Strength Events
Market strength indicators help investors to evaluate how IMing Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IMing Corp shares will generate the highest return on investment. By undertsting and applying IMing Corp stock market strength indicators, traders can identify iMing Corp entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Communication Equipment 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 IMing Corp. If investors know IMing 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 IMing Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.1) | Revenue Per Share 1.733 | Quarterly Revenue Growth (0.23) |
The market value of iMing Corp is measured differently than its book value, which is the value of IMing that is recorded on the company's balance sheet. Investors also form their own opinion of IMing Corp's value that differs from its market value or its book value, called intrinsic value, which is IMing Corp'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 IMing Corp's market value can be influenced by many factors that don't directly affect IMing Corp'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 IMing Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if IMing Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMing Corp'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.