Nixxy, Stock Forecast - 4 Period Moving Average

NIXX Stock   2.70  0.21  7.22%   
The 4 Period Moving Average forecasted value of Nixxy, Inc on the next trading day is expected to be 2.73 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 8.30. Nixxy, Stock Forecast is based on your current time horizon.
  
At this time, Nixxy,'s Total Assets are fairly stable compared to the past year. Property Plant And Equipment Net is likely to rise to about 48.1 K in 2024, whereas Other Current Liabilities is likely to drop slightly above 827.6 K in 2024.
A four-period moving average forecast model for Nixxy, Inc is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Nixxy, 4 Period Moving Average Price Forecast For the 25th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Nixxy, Inc on the next trading day is expected to be 2.73 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.30.
Please note that although there have been many attempts to predict Nixxy, 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 Nixxy,'s next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Nixxy, Stock Forecast Pattern

Backtest Nixxy,Nixxy, Price PredictionBuy or Sell Advice 

Nixxy, Forecasted Value

In the context of forecasting Nixxy,'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. Nixxy,'s downside and upside margins for the forecasting period are 0.03 and 8.85, respectively. We have considered Nixxy,'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
2.70
2.73
Expected Value
8.85
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Nixxy, stock data series using in forecasting. Note that when a statistical model is used to represent Nixxy, 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 Criteria107.357
BiasArithmetic mean of the errors -0.0317
MADMean absolute deviation0.1457
MAPEMean absolute percentage error0.0565
SAESum of the absolute errors8.305
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Nixxy,. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Nixxy, Inc and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Nixxy,

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nixxy, 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nixxy,'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
0.122.418.53
Details
Intrinsic
Valuation
LowRealHigh
0.112.128.24
Details

Other Forecasting Options for Nixxy,

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

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

Nixxy, Inc 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 Nixxy,'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 Nixxy,'s current price.

Nixxy, Market Strength Events

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

Nixxy, Risk Indicators

The analysis of Nixxy,'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 Nixxy,'s investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nixxy, 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.
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.

Additional Tools for Nixxy, Stock Analysis

When running Nixxy,'s price analysis, check to measure Nixxy,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nixxy, is operating at the current time. Most of Nixxy,'s value examination focuses on studying past and present price action to predict the probability of Nixxy,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nixxy,'s price. Additionally, you may evaluate how the addition of Nixxy, to your portfolios can decrease your overall portfolio volatility.