Inno Holdings Stock Forecast - Naive Prediction
| INHD Stock | 1.29 0.11 7.86% |
Inno Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Inno Holdings stock prices and determine the direction of Inno Holdings Common's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Inno Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of Inno Holdings' share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 18
Sell Peaked
Oversold | Overbought |
Quarterly Revenue Growth 22.779 |
Using Inno Holdings hype-based prediction, you can estimate the value of Inno Holdings Common from the perspective of Inno Holdings response to recently generated media hype and the effects of current headlines on its competitors.
Inno Relative Strength Index
The Naive Prediction forecasted value of Inno Holdings Common on the next trading day is expected to be 2.55 with a mean absolute deviation of 1.07 and the sum of the absolute errors of 65.04.Inno Holdings Common Hype to Price Pattern
Investor biases related to Inno Holdings' public news can be used to forecast risks associated with an investment in Inno. The trend in average sentiment can be used to explain how an investor holding Inno can time the market purely based on public headlines and social activities around Inno Holdings Common. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Inno Holdings' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Inno Holdings.
The Naive Prediction forecasted value of Inno Holdings Common on the next trading day is expected to be 2.55 with a mean absolute deviation of 1.07 and the sum of the absolute errors of 65.04. Inno Holdings after-hype prediction price | USD 1.54 |
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 Inno Holdings to cross-verify your projections. Inno Holdings Additional Predictive Modules
Most predictive techniques to examine Inno price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Inno using various technical indicators. When you analyze Inno 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Inno Holdings Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Inno Holdings' financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 11.7 M | Current Value 12.2 M | Quarterly Volatility 4.4 M |
Inno Holdings Naive Prediction Price Forecast For the 28th of January
Given 90 days horizon, the Naive Prediction forecasted value of Inno Holdings Common on the next trading day is expected to be 2.55 with a mean absolute deviation of 1.07, mean absolute percentage error of 2.20, and the sum of the absolute errors of 65.04.Please note that although there have been many attempts to predict Inno 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 Inno Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Inno Holdings Stock Forecast Pattern
| Backtest Inno Holdings | Inno Holdings Price Prediction | Buy or Sell Advice |
Inno Holdings Forecasted Value
In the context of forecasting Inno Holdings' 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. Inno Holdings' downside and upside margins for the forecasting period are 0.01 and 13.51, respectively. We have considered Inno Holdings' 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.
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 Inno Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Inno Holdings 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 | 118.8973 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.0662 |
| MAPE | Mean absolute percentage error | 0.2343 |
| SAE | Sum of the absolute errors | 65.0364 |
Predictive Modules for Inno Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Inno Holdings Common. 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.Inno Holdings After-Hype Price Density Analysis
As far as predicting the price of Inno Holdings 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 Inno Holdings 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 Inno Holdings, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Inno Holdings Estimiated After-Hype Price Volatility
In the context of predicting Inno Holdings' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Inno Holdings' historical news coverage. Inno Holdings' after-hype downside and upside margins for the prediction period are 0.08 and 12.50, respectively. We have considered Inno Holdings' 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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Inno Holdings is out of control at this time. Analysis and calculation of next after-hype price of Inno Holdings Common is based on 3 months time horizon.
Inno Holdings Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Inno Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Inno Holdings 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 Inno Holdings, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
4.12 | 10.96 | 1.20 | 0.41 | 7 Events / Month | 5 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
1.29 | 1.54 | 19.53 |
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Inno Holdings Hype Timeline
Inno Holdings Common is currently traded for 1.29. The entity has historical hype elasticity of 1.2, and average elasticity to hype of competition of -0.41. Inno is forecasted to increase in value after the next headline, with the price projected to jump to 1.54 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is projected to be 19.53%, whereas the daily expected return is currently at -4.12%. The volatility of related hype on Inno Holdings is about 11079.41%, with the expected price after the next announcement by competition of 0.88. Inno Holdings Common currently holds 50 K in liabilities. Note, when we think about Inno Holdings' use of debt, we should always consider it together with its cash and equity.Given the investment horizon of 90 days the next forecasted press release will be in about 7 days. Check out Historical Fundamental Analysis of Inno Holdings to cross-verify your projections.Inno Holdings Related Hype Analysis
Having access to credible news sources related to Inno Holdings' direct competition is more important than ever and may enhance your ability to predict Inno Holdings' future price movements. Getting to know how Inno Holdings' 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 Inno Holdings may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GURE | Gulf Resources Common | (0.78) | 11 per month | 9.42 | 0.05 | 20.00 | (17.24) | 105.51 | |
| ZKIN | ZK International Group | (0.03) | 27 per month | 5.33 | 0.02 | 13.49 | (9.04) | 30.74 | |
| SEED | Origin Agritech | (0.03) | 10 per month | 0.00 | (0.12) | 9.23 | (7.73) | 23.41 | |
| FMSTW | Foremost Lithium Resource | 0.01 | 24 per month | 7.43 | 0.12 | 20.65 | (13.54) | 78.16 | |
| CAPS | Capstone Holding Corp | (0.06) | 8 per month | 0.00 | (0.08) | 9.86 | (8.05) | 29.43 | |
| ITP | IT Tech Packaging | (0.01) | 27 per month | 0.00 | (0.08) | 4.55 | (4.35) | 16.03 | |
| CNEY | CN Energy Group | (0.04) | 7 per month | 0.00 | (0.09) | 8.20 | (10.27) | 26.71 | |
| ENFY | Enlightify | 0.02 | 7 per month | 0.00 | (0.02) | 22.22 | (20.00) | 73.68 | |
| JCTC | Jewett Cameron Trading | 0.03 | 16 per month | 0.00 | (0.16) | 7.80 | (7.66) | 23.52 |
Other Forecasting Options for Inno Holdings
For every potential investor in Inno, whether a beginner or expert, Inno Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Inno Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Inno. Basic forecasting techniques help filter out the noise by identifying Inno Holdings' price trends.Inno Holdings 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 Inno Holdings stock to make a market-neutral strategy. Peer analysis of Inno Holdings could also be used in its relative valuation, which is a method of valuing Inno Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Inno Holdings Market Strength Events
Market strength indicators help investors to evaluate how Inno Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Inno Holdings shares will generate the highest return on investment. By undertsting and applying Inno Holdings stock market strength indicators, traders can identify Inno Holdings Common entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.92 | |||
| Day Median Price | 1.29 | |||
| Day Typical Price | 1.29 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.11) | |||
| Relative Strength Index | 18.04 |
Inno Holdings Risk Indicators
The analysis of Inno Holdings' 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 Inno Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting inno 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.
| Mean Deviation | 7.33 | |||
| Standard Deviation | 10.65 | |||
| Variance | 113.52 |
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 Inno Holdings
The number of cover stories for Inno Holdings depends on current market conditions and Inno Holdings' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Inno Holdings 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 Inno Holdings' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Inno Holdings Short Properties
Inno Holdings' future price predictability will typically decrease when Inno Holdings' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Inno Holdings Common often depends not only on the future outlook of the potential Inno Holdings' 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. Inno Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.4 M | |
| Cash And Short Term Investments | 10.1 M |
Check out Historical Fundamental Analysis of Inno Holdings to cross-verify your projections. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Construction Materials 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 Inno Holdings. If investors know Inno 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 Inno Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (30.24) | Revenue Per Share | Quarterly Revenue Growth 22.779 | Return On Assets | Return On Equity |
The market value of Inno Holdings Common is measured differently than its book value, which is the value of Inno that is recorded on the company's balance sheet. Investors also form their own opinion of Inno Holdings' value that differs from its market value or its book value, called intrinsic value, which is Inno Holdings' 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 Inno Holdings' market value can be influenced by many factors that don't directly affect Inno Holdings' 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 Inno Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Inno Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inno Holdings' 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.