NEHC Old Stock Forecast - Naive Prediction

NEHC Old Additional Predictive Modules

Most predictive techniques to examine NEHC price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NEHC using various technical indicators. When you analyze NEHC 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. A naive forecasting model for NEHC Old is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of NEHC Old value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

NEHC Old Naive Prediction Price Forecast For the 29th of January

Given 90 days horizon, the Naive Prediction forecasted value of NEHC Old on the next trading day is expected to be 0.34 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.75.

NEHC Old Stock Forecast Pattern

Backtest NEHC Old

NEHC Old 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 NEHC Old stock data series using in forecasting. Note that when a statistical model is used to represent NEHC Old 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. This model is not at all useful as a medium-long range forecasting tool of NEHC Old. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict NEHC Old. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for NEHC Old

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NEHC Old. 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.

Hype Prediction Low Estimated High 0.38 0.38 0.38 Details

Intrinsic Valuation Low Real High 0.37 0.37 0.42 Details

Bollinger Band Projection (param) Low Middle High 0.35 0.43 0.52 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as NEHC Old. Your research has to be compared to or analyzed against NEHC Old's peers to derive any actionable benefits. When done correctly, NEHC Old's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in NEHC Old.

NEHC Old After-Hype Price Density Analysis

NEHC Old Estimiated After-Hype Price Volatility

NEHC Old Stock Price Outlook Analysis

Notes

NEHC Old Hype Timeline

NEHC Old is now traded for 0.38. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. NEHC is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on NEHC Old is about 0.0%, with the expected price after the next announcement by competition of 0.38. About 58.0% of the company outstanding shares are owned by corporate insiders. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days. Check out Correlation 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 rate.

NEHC Old Related Hype Analysis

NEHC Old Related Equities

Risk & Return

Correlation

NEHC Old Market Strength Events

NEHC Old Risk Indicators

Story Coverage note for NEHC Old

Other Macroaxis Stories

NEHC Old Short Properties

Other Consideration for investing in NEHC Stock