Noco Noco Stock Forecast - Naive Prediction
| NCNC Stock | 0.01 0.0008 19.05% |
The Naive Prediction forecasted value of noco noco Ordinary Share on the next trading day is expected to be 0 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.41. Noco Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Noco Noco stock prices and determine the direction of noco noco Ordinary Share's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Noco Noco's historical fundamentals, such as revenue growth or operating cash flow patterns.
Noco |
Noco Noco Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Noco Noco's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 502.8 K | Current Value 527.9 K | Quarterly Volatility 184.6 K |
Noco Noco Naive Prediction Price Forecast For the 17th of February 2025
Given 90 days horizon, the Naive Prediction forecasted value of noco noco Ordinary Share on the next trading day is expected to be 0 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.41.Please note that although there have been many attempts to predict Noco 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 Noco Noco's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Noco Noco Stock Forecast Pattern
| Backtest Noco Noco | Noco Noco Price Prediction | Buy or Sell Advice |
Noco Noco Forecasted Value
In the context of forecasting Noco Noco'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. Noco Noco's downside and upside margins for the forecasting period are 0.00005 and 116.84, respectively. We have considered Noco Noco'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 Noco Noco stock data series using in forecasting. Note that when a statistical model is used to represent Noco Noco 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 | 109.5687 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0068 |
| MAPE | Mean absolute percentage error | 0.8862 |
| SAE | Sum of the absolute errors | 0.4132 |
Predictive Modules for Noco Noco
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as noco noco Ordinary. 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.Other Forecasting Options for Noco Noco
For every potential investor in Noco, whether a beginner or expert, Noco Noco's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Noco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Noco. Basic forecasting techniques help filter out the noise by identifying Noco Noco's price trends.Noco Noco 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 Noco Noco stock to make a market-neutral strategy. Peer analysis of Noco Noco could also be used in its relative valuation, which is a method of valuing Noco Noco by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
noco noco Ordinary 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 Noco Noco'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 Noco Noco's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Noco Noco Market Strength Events
Market strength indicators help investors to evaluate how Noco Noco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Noco Noco shares will generate the highest return on investment. By undertsting and applying Noco Noco stock market strength indicators, traders can identify noco noco Ordinary Share entry and exit signals to maximize returns.
Noco Noco Risk Indicators
The analysis of Noco Noco'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 Noco Noco's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting noco 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 | 51.98 | |||
| Semi Deviation | 29.68 | |||
| Standard Deviation | 112.41 | |||
| Variance | 12635.74 | |||
| Downside Variance | 1770.77 | |||
| Semi Variance | 880.79 | |||
| Expected Short fall | (101.61) |
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.
Also Currently Popular
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.When determining whether noco noco Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Noco Noco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Noco Noco Ordinary Share Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Noco Noco Ordinary Share Stock:Check out Historical Fundamental Analysis of Noco Noco to cross-verify your projections. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Automotive Parts & 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 Noco Noco. If investors know Noco 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 Noco Noco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of noco noco Ordinary is measured differently than its book value, which is the value of Noco that is recorded on the company's balance sheet. Investors also form their own opinion of Noco Noco's value that differs from its market value or its book value, called intrinsic value, which is Noco Noco'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 Noco Noco's market value can be influenced by many factors that don't directly affect Noco Noco'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 Noco Noco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noco Noco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noco Noco'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.