Adamas One Stock Forecast - Naive Prediction
| JEWL Stock | 0.0001 0.00 0.00% |
The Naive Prediction forecasted value of Adamas One Corp on the next trading day is expected to be 0.001 with a mean absolute deviation of 0.001 and the sum of the absolute errors of 0.06. Adamas Stock Forecast is based on your current time horizon. Although Adamas One's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Adamas One's systematic risk associated with finding meaningful patterns of Adamas One fundamentals over time.
As of now the relative strength index (rsi) of Adamas One's share price is below 20 . This 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 0
Sell Peaked
Oversold | Overbought |
Quarterly Revenue Growth (0.38) |
Using Adamas One hype-based prediction, you can estimate the value of Adamas One Corp from the perspective of Adamas One response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Adamas One Corp on the next trading day is expected to be 0.001 with a mean absolute deviation of 0.001 and the sum of the absolute errors of 0.06. Adamas One after-hype prediction price | USD 1.24E-4 |
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 Adamas One to cross-verify your projections. Adamas One Additional Predictive Modules
Most predictive techniques to examine Adamas price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Adamas using various technical indicators. When you analyze Adamas 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 | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Adamas One Cash Forecast
To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the Adamas One's financial statements, predicting their influence on future market prices.
Cash | First Reported 2010-12-31 | Previous Quarter 23.5 K | Current Value 22.3 K | Quarterly Volatility 64.3 K |
Adamas One Naive Prediction Price Forecast For the 22nd of January
Given 90 days horizon, the Naive Prediction forecasted value of Adamas One Corp on the next trading day is expected to be 0.001 with a mean absolute deviation of 0.001, mean absolute percentage error of 0.00000188, and the sum of the absolute errors of 0.06.Please note that although there have been many attempts to predict Adamas 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 Adamas One's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Adamas One Stock Forecast Pattern
| Backtest Adamas One | Adamas One Price Prediction | Buy or Sell Advice |
Adamas One Forecasted Value
In the context of forecasting Adamas One'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. Adamas One's downside and upside margins for the forecasting period are 0.000001 and 23.82, respectively. We have considered Adamas One'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.
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 Adamas One stock data series using in forecasting. Note that when a statistical model is used to represent Adamas One 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 | 104.9289 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.001 |
| MAPE | Mean absolute percentage error | 1.8656 |
| SAE | Sum of the absolute errors | 0.0598 |
Predictive Modules for Adamas One
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Adamas One 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 Adamas One'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.
Other Forecasting Options for Adamas One
For every potential investor in Adamas, whether a beginner or expert, Adamas One's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Adamas Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Adamas. Basic forecasting techniques help filter out the noise by identifying Adamas One's price trends.Adamas One 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 Adamas One stock to make a market-neutral strategy. Peer analysis of Adamas One could also be used in its relative valuation, which is a method of valuing Adamas One by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Adamas One Corp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Adamas One's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Adamas One's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Adamas One Market Strength Events
Market strength indicators help investors to evaluate how Adamas One stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adamas One shares will generate the highest return on investment. By undertsting and applying Adamas One stock market strength indicators, traders can identify Adamas One 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 |
Adamas One Risk Indicators
The analysis of Adamas One'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 Adamas One's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting adamas 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 | 7.9 | |||
| Standard Deviation | 24.49 | |||
| Variance | 599.77 |
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.
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Try AI Portfolio ProphetCheck out Historical Fundamental Analysis of Adamas One to cross-verify your projections. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Apparel, Accessories & Luxury Goods 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 Adamas One. If investors know Adamas 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 Adamas One listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.48) | Revenue Per Share | Quarterly Revenue Growth (0.38) | Return On Assets | Return On Equity |
The market value of Adamas One Corp is measured differently than its book value, which is the value of Adamas that is recorded on the company's balance sheet. Investors also form their own opinion of Adamas One's value that differs from its market value or its book value, called intrinsic value, which is Adamas One'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 Adamas One's market value can be influenced by many factors that don't directly affect Adamas One'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 Adamas One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adamas One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adamas One'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.