Perf Go Stock Forecast - Naive Prediction

PGOG Stock  USD 0.0001  0.00  0.00%   
The Naive Prediction forecasted value of Perf Go Green on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Perf Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Perf Go's historical fundamentals, such as revenue growth or operating cash flow patterns.
The current Payables Turnover is estimated to decrease to 1.01. The current Receivables Turnover is estimated to decrease to 2.43. The current Net Loss is estimated to decrease to about (123.1 K).

Perf Go Cash Forecast

Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Perf Go's financial statements, enabling forecasts of their impact on future stock prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
3.3 K
Current Value
3.1 K
Quarterly Volatility
66.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Perf Go is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Perf Go Green 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.

Perf Go Naive Prediction Price Forecast For the 25th of December

Given 90 days horizon, the Naive Prediction forecasted value of Perf Go Green on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Perf 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 Perf Go's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Perf Go Stock Forecast Pattern

Backtest Perf GoPerf Go Price PredictionBuy or Sell Advice 

Perf Go Forecasted Value

In the context of forecasting Perf Go'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. Perf Go's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Perf Go'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Perf Go stock data series using in forecasting. Note that when a statistical model is used to represent Perf Go 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 Criteria30.385
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of Perf Go Green. 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 Perf Go. 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 Perf Go

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Perf Go Green. 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
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 Perf Go

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

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

Perf Go Green 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 Perf Go'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 Perf Go's current price.

Perf Go Market Strength Events

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

Currently Active Assets on Macroaxis

When determining whether Perf Go Green is a strong investment it is important to analyze Perf Go'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 Perf Go's future performance. For an informed investment choice regarding Perf Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Perf Go to cross-verify your projections.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Specialty Chemicals 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 Perf Go. If investors know Perf 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 Perf Go listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Revenue Per Share
0.048
Quarterly Revenue Growth
(0.47)
The market value of Perf Go Green is measured differently than its book value, which is the value of Perf that is recorded on the company's balance sheet. Investors also form their own opinion of Perf Go's value that differs from its market value or its book value, called intrinsic value, which is Perf Go'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 Perf Go's market value can be influenced by many factors that don't directly affect Perf Go'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 Perf Go's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perf Go is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perf Go'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.