NIO Stock Forecast - Naive Prediction

NIO Additional Predictive Modules

Most predictive techniques to examine NIO price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NIO using various technical indicators. When you analyze NIO 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 NIO is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of NIO Inc 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.

NIO Naive Prediction Price Forecast For the 27th of January

Given 90 days horizon, the Naive Prediction forecasted value of NIO Inc on the next trading day is expected to be 84.77 with a mean absolute deviation of 2.16, mean absolute percentage error of 7.63, and the sum of the absolute errors of 131.53.

NIO Stock Forecast Pattern

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NIO Price Prediction

Buy or Sell Advice

NIO Forecasted Value

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 NIO stock data series using in forecasting. Note that when a statistical model is used to represent NIO 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 NIO Inc. 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 NIO. 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 NIO

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NIO Inc. 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 77.84 80.81 83.78 Details

Intrinsic Valuation Low Real High 64.91 67.88 88.89 Details

Bollinger Band Projection (param) Low Middle High 76.51 86.48 96.46 Details

NIO After-Hype Price Density Analysis

NIO Estimiated After-Hype Price Volatility

NIO Stock Price Outlook Analysis

Notes

NIO Hype Timeline

NIO Inc is now traded for 80.81on Mexican Exchange of Mexico. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. NIO is anticipated 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 anticipated to be very small, whereas the daily expected return is now at -0.74%. %. The volatility of related hype on NIO is about 0.0%, with the expected price after the next announcement by competition of 80.81. About 37.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 21.0. NIO Inc had not issued any dividends in recent years. Assuming the 90 days trading horizon the next anticipated press release will be uncertain. Check out Historical Fundamental Analysis of NIO to cross-verify your projections.

NIO Related Hype Analysis

Other Forecasting Options for NIO

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

NIO Related Equities

Risk & Return

Correlation

NIO Market Strength Events

NIO Risk Indicators

Story Coverage note for NIO

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