Performance Shipping Stock Forecast - Naive Prediction
| PSHG Stock | USD 2.16 0.05 2.26% |
The Naive Prediction forecasted value of Performance Shipping on the next trading day is expected to be 2.13 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.18. Performance Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Performance Shipping's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 6th of January 2026 the value of relative strength index of Performance Shipping's share price is below 20 indicating that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth (0.10) | EPS Estimate Current Year 1.04 | EPS Estimate Next Year 1.305 | Wall Street Target Price 5.75 | Quarterly Revenue Growth (0.12) |
Using Performance Shipping hype-based prediction, you can estimate the value of Performance Shipping from the perspective of Performance Shipping response to recently generated media hype and the effects of current headlines on its competitors.
Performance Shipping Hype to Price Pattern
Investor biases related to Performance Shipping's public news can be used to forecast risks associated with an investment in Performance. The trend in average sentiment can be used to explain how an investor holding Performance can time the market purely based on public headlines and social activities around Performance Shipping. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Performance Shipping's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Performance Shipping.
The Naive Prediction forecasted value of Performance Shipping on the next trading day is expected to be 2.13 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.18. Performance Shipping after-hype prediction price | USD 2.08 |
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Performance | Build AI portfolio with Performance Stock |
Performance Shipping Additional Predictive Modules
Most predictive techniques to examine Performance price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Performance using various technical indicators. When you analyze Performance 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 |
Performance Shipping 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 Performance Shipping's financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 2010-09-30 | Previous Quarter 95.8 M | Current Value 212.2 M | Quarterly Volatility 36.1 M |
Performance Shipping Naive Prediction Price Forecast For the 7th of January
Given 90 days horizon, the Naive Prediction forecasted value of Performance Shipping on the next trading day is expected to be 2.13 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.18.Please note that although there have been many attempts to predict Performance 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 Performance Shipping's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Performance Shipping Stock Forecast Pattern
| Backtest Performance Shipping | Performance Shipping Price Prediction | Buy or Sell Advice |
Performance Shipping Forecasted Value
In the context of forecasting Performance Shipping'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. Performance Shipping's downside and upside margins for the forecasting period are 0.02 and 5.48, respectively. We have considered Performance Shipping'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Performance Shipping stock data series using in forecasting. Note that when a statistical model is used to represent Performance Shipping 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 | 112.9215 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0521 |
| MAPE | Mean absolute percentage error | 0.024 |
| SAE | Sum of the absolute errors | 3.1811 |
Predictive Modules for Performance Shipping
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Performance Shipping. 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 Performance Shipping
For every potential investor in Performance, whether a beginner or expert, Performance Shipping's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Performance Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Performance. Basic forecasting techniques help filter out the noise by identifying Performance Shipping's price trends.Performance Shipping 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 Performance Shipping stock to make a market-neutral strategy. Peer analysis of Performance Shipping could also be used in its relative valuation, which is a method of valuing Performance Shipping by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Performance Shipping 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 Performance Shipping'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 Performance Shipping's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Performance Shipping Market Strength Events
Market strength indicators help investors to evaluate how Performance Shipping stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Performance Shipping shares will generate the highest return on investment. By undertsting and applying Performance Shipping stock market strength indicators, traders can identify Performance Shipping entry and exit signals to maximize returns.
| Accumulation Distribution | 3873.25 | |||
| Daily Balance Of Power | (0.38) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 2.19 | |||
| Day Typical Price | 2.18 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | (0.05) |
Performance Shipping Risk Indicators
The analysis of Performance Shipping'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 Performance Shipping's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting performance 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 | 2.32 | |||
| Semi Deviation | 3.02 | |||
| Standard Deviation | 3.24 | |||
| Variance | 10.51 | |||
| Downside Variance | 11.72 | |||
| Semi Variance | 9.11 | |||
| Expected Short fall | (2.80) |
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.
Currently Active Assets on Macroaxis
When determining whether Performance Shipping is a strong investment it is important to analyze Performance Shipping'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 Performance Shipping's future performance. For an informed investment choice regarding Performance Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Performance Shipping to cross-verify your projections. For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Marine Transportation 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 Performance Shipping. If investors know Performance 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 Performance Shipping 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 (0.10) | Earnings Share 1.56 | Revenue Per Share | Quarterly Revenue Growth (0.12) | Return On Assets |
The market value of Performance Shipping is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Shipping's value that differs from its market value or its book value, called intrinsic value, which is Performance Shipping'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 Performance Shipping's market value can be influenced by many factors that don't directly affect Performance Shipping'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 Performance Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Shipping'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.