Nano Nuclear Stock Forecast - 20 Period Moving Average
| NNE Stock | 26.02 0.11 0.42% |
The 20 Period Moving Average forecasted value of Nano Nuclear Energy on the next trading day is expected to be 22.78 with a mean absolute deviation of 3.23 and the sum of the absolute errors of 132.62. Nano Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nano Nuclear stock prices and determine the direction of Nano Nuclear Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nano Nuclear's historical fundamentals, such as revenue growth or operating cash flow patterns.
Nano |
Nano Nuclear 20 Period Moving Average Price Forecast For the 27th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Nano Nuclear Energy on the next trading day is expected to be 22.78 with a mean absolute deviation of 3.23, mean absolute percentage error of 17.28, and the sum of the absolute errors of 132.62.Please note that although there have been many attempts to predict Nano 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 Nano Nuclear's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Nano Nuclear Stock Forecast Pattern
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Nano Nuclear Forecasted Value
In the context of forecasting Nano Nuclear'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. Nano Nuclear's downside and upside margins for the forecasting period are 10.11 and 35.45, respectively. We have considered Nano Nuclear'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Nano Nuclear stock data series using in forecasting. Note that when a statistical model is used to represent Nano Nuclear 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 | 84.2026 |
| Bias | Arithmetic mean of the errors | -2.9823 |
| MAD | Mean absolute deviation | 3.2347 |
| MAPE | Mean absolute percentage error | 0.149 |
| SAE | Sum of the absolute errors | 132.624 |
Predictive Modules for Nano Nuclear
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nano Nuclear Energy. 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 Nano Nuclear
For every potential investor in Nano, whether a beginner or expert, Nano Nuclear's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nano Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nano. Basic forecasting techniques help filter out the noise by identifying Nano Nuclear's price trends.Nano Nuclear 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 Nano Nuclear stock to make a market-neutral strategy. Peer analysis of Nano Nuclear could also be used in its relative valuation, which is a method of valuing Nano Nuclear by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nano Nuclear Energy 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 Nano Nuclear'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 Nano Nuclear's current price.| Cycle Indicators | ||
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Nano Nuclear Market Strength Events
Market strength indicators help investors to evaluate how Nano Nuclear stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nano Nuclear shares will generate the highest return on investment. By undertsting and applying Nano Nuclear stock market strength indicators, traders can identify Nano Nuclear Energy entry and exit signals to maximize returns.
| Accumulation Distribution | 675783.0 | |||
| Daily Balance Of Power | 0.0316 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 26.91 | |||
| Day Typical Price | 26.61 | |||
| Price Action Indicator | (0.84) | |||
| Period Momentum Indicator | 0.11 |
Nano Nuclear Risk Indicators
The analysis of Nano Nuclear'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 Nano Nuclear's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nano 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 | 10.03 | |||
| Semi Deviation | 8.46 | |||
| Standard Deviation | 12.58 | |||
| Variance | 158.15 | |||
| Downside Variance | 77.99 | |||
| Semi Variance | 71.62 | |||
| Expected Short fall | (13.54) |
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 Nano Nuclear Energy is a strong investment it is important to analyze Nano Nuclear'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 Nano Nuclear's future performance. For an informed investment choice regarding Nano Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Nano Nuclear to cross-verify your projections. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Heavy Electrical 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 Nano Nuclear. If investors know Nano 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 Nano Nuclear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.31) |
The market value of Nano Nuclear Energy is measured differently than its book value, which is the value of Nano that is recorded on the company's balance sheet. Investors also form their own opinion of Nano Nuclear's value that differs from its market value or its book value, called intrinsic value, which is Nano Nuclear'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 Nano Nuclear's market value can be influenced by many factors that don't directly affect Nano Nuclear'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 Nano Nuclear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nano Nuclear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nano Nuclear'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.