Phoenix Stock Forecast - Naive Prediction
| PEVDelisted Stock | USD 0.20 0.01 5.26% |
The Naive Prediction forecasted value of Phoenix Motor Common on the next trading day is expected to be 0.20 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.74. Phoenix Stock Forecast is based on your current time horizon.
At this time, the value of RSI of Phoenix's share price is approaching 39 indicating that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Phoenix, making its price go up or down. Momentum 39
Sell Extended
Oversold | Overbought |
Using Phoenix hype-based prediction, you can estimate the value of Phoenix Motor Common from the perspective of Phoenix response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Phoenix Motor Common on the next trading day is expected to be 0.20 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.74. Phoenix after-hype prediction price | USD 0.2 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Phoenix |
Phoenix Additional Predictive Modules
Most predictive techniques to examine Phoenix price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Phoenix using various technical indicators. When you analyze Phoenix 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Phoenix Naive Prediction Price Forecast For the 7th of January
Given 90 days horizon, the Naive Prediction forecasted value of Phoenix Motor Common on the next trading day is expected to be 0.20 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.74.Please note that although there have been many attempts to predict Phoenix 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 Phoenix's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Phoenix Stock Forecast Pattern
| Backtest Phoenix | Phoenix 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 Phoenix stock data series using in forecasting. Note that when a statistical model is used to represent Phoenix 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 | 111.5155 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0285 |
| MAPE | Mean absolute percentage error | 0.1626 |
| SAE | Sum of the absolute errors | 1.7359 |
Predictive Modules for Phoenix
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Phoenix Motor Common. 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 Phoenix'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.
Phoenix 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 Phoenix stock to make a market-neutral strategy. Peer analysis of Phoenix could also be used in its relative valuation, which is a method of valuing Phoenix by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Phoenix Market Strength Events
Market strength indicators help investors to evaluate how Phoenix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Phoenix shares will generate the highest return on investment. By undertsting and applying Phoenix stock market strength indicators, traders can identify Phoenix Motor Common entry and exit signals to maximize returns.
Phoenix Risk Indicators
The analysis of Phoenix'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 Phoenix's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting phoenix 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 | 9.87 | |||
| Standard Deviation | 13.91 | |||
| Variance | 193.43 |
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.
Thematic Opportunities
Explore Investment Opportunities
Check out Your Equity Center 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 american community survey. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in Phoenix Stock
If you are still planning to invest in Phoenix Motor Common check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Phoenix's history and understand the potential risks before investing.
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