Sonomax Technologies Stock Forecast - Naive Prediction
| SXHHF Stock | USD 0.0001 0.00 0.000003% |
The Naive Prediction forecasted value of Sonomax Technologies 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. Sonomax Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sonomax Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time, Sonomax Technologies' Payables Turnover is most likely to increase slightly in the upcoming years. The Sonomax Technologies' current Fixed Asset Turnover is estimated to increase to 2.23, while Inventory Turnover is projected to decrease to 2.15. . The current Net Loss is estimated to decrease to about (5.7 M). Sonomax Technologies 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 Sonomax Technologies' financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 2010-12-31 | Previous Quarter 49.6 K | Current Value 71.7 K | Quarterly Volatility 33.2 K |
Sonomax Technologies Naive Prediction Price Forecast For the 27th of December
Given 90 days horizon, the Naive Prediction forecasted value of Sonomax Technologies 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 Sonomax 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 Sonomax Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sonomax Technologies Stock Forecast Pattern
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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 Sonomax Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Sonomax Technologies 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 | 61.4946 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Sonomax Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sonomax Technologies. 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.Sonomax Technologies 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 Sonomax Technologies stock to make a market-neutral strategy. Peer analysis of Sonomax Technologies could also be used in its relative valuation, which is a method of valuing Sonomax Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sonomax Technologies Market Strength Events
Market strength indicators help investors to evaluate how Sonomax Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonomax Technologies shares will generate the highest return on investment. By undertsting and applying Sonomax Technologies stock market strength indicators, traders can identify Sonomax Technologies entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
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Check out World Market Map 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 rate. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Health Care Equipment & Supplies 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 Sonomax Technologies. If investors know Sonomax 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 Sonomax Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sonomax Technologies is measured differently than its book value, which is the value of Sonomax that is recorded on the company's balance sheet. Investors also form their own opinion of Sonomax Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sonomax Technologies' 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 Sonomax Technologies' market value can be influenced by many factors that don't directly affect Sonomax Technologies' 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 Sonomax Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonomax Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonomax Technologies' 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.