Natural Health Stock Forecast - Triple Exponential Smoothing

NHEL Stock  USD 0.0001  0.00  0.00%   
The Triple Exponential Smoothing forecasted value of Natural Health Farm on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Natural Stock Forecast is based on your current time horizon. Although Natural Health's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Natural Health's systematic risk associated with finding meaningful patterns of Natural Health fundamentals over time.
  
Asset Turnover is expected to rise to 2.08 this year, although the value of Payables Turnover will most likely fall to 0.16. . The value of Common Stock Shares Outstanding is expected to slide to about 171.4 M. Net Loss is expected to rise to about (811.1 K) this year.
Triple exponential smoothing for Natural Health - also known as the Winters method - is a refinement of the popular double exponential smoothing model with the addition of periodicity (seasonality) component. Simple exponential smoothing technique works best with data where there are no trend or seasonality components to the data. When Natural Health prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any trend in Natural Health price movement. However, neither of these exponential smoothing models address any seasonality of Natural Health Farm.

Natural Health Triple Exponential Smoothing Price Forecast For the 26th of November

Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Natural Health Farm on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Natural 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 Natural Health's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Natural Health Stock Forecast Pattern

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Natural Health Forecasted Value

In the context of forecasting Natural Health'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. Natural Health's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Natural Health'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.
Market Value
0.0001
0.0001
Downside
0.0001
Expected Value
0.0001
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Natural Health stock data series using in forecasting. Note that when a statistical model is used to represent Natural Health 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
As with simple exponential smoothing, in triple exponential smoothing models past Natural Health observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older Natural Health Farm observations.

Predictive Modules for Natural Health

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Natural Health Farm. 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 Natural Health'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.
Hype
Prediction
LowEstimatedHigh
0.000.00010.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.0000840.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00010.00010.0001
Details

Other Forecasting Options for Natural Health

For every potential investor in Natural, whether a beginner or expert, Natural Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Natural Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Natural. Basic forecasting techniques help filter out the noise by identifying Natural Health's price trends.

Natural Health 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 Natural Health stock to make a market-neutral strategy. Peer analysis of Natural Health could also be used in its relative valuation, which is a method of valuing Natural Health by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Natural Health Farm 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 Natural Health'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 Natural Health's current price.

Natural Health Market Strength Events

Market strength indicators help investors to evaluate how Natural Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Natural Health shares will generate the highest return on investment. By undertsting and applying Natural Health stock market strength indicators, traders can identify Natural Health Farm entry and exit signals to maximize returns.

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When determining whether Natural Health Farm is a strong investment it is important to analyze Natural Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Natural Health's future performance. For an informed investment choice regarding Natural Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Natural Health to cross-verify your projections.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Health Care Technology 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 Natural Health. If investors know Natural 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 Natural Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.007
Quarterly Revenue Growth
1.938
Return On Assets
(0.10)
Return On Equity
(0.32)
The market value of Natural Health Farm is measured differently than its book value, which is the value of Natural that is recorded on the company's balance sheet. Investors also form their own opinion of Natural Health's value that differs from its market value or its book value, called intrinsic value, which is Natural Health'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 Natural Health's market value can be influenced by many factors that don't directly affect Natural Health'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 Natural Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Natural Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natural Health'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.