TAL Education Stock Forecast - Simple Exponential Smoothing
| TAL Stock | USD 9.73 0.08 0.82% |
The Simple Exponential Smoothing forecasted value of TAL Education Group on the next trading day is expected to be 9.73 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 18.85. TAL Stock Forecast is based on your current time horizon. Although TAL Education's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of TAL Education's systematic risk associated with finding meaningful patterns of TAL Education fundamentals over time.
TAL |
TAL Education Simple Exponential Smoothing Price Forecast For the 24th of November
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of TAL Education Group on the next trading day is expected to be 9.73 with a mean absolute deviation of 0.31, mean absolute percentage error of 0.20, and the sum of the absolute errors of 18.85.Please note that although there have been many attempts to predict TAL 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 TAL Education's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
TAL Education Stock Forecast Pattern
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TAL Education Forecasted Value
In the context of forecasting TAL Education'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. TAL Education's downside and upside margins for the forecasting period are 5.08 and 14.38, respectively. We have considered TAL Education'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of TAL Education stock data series using in forecasting. Note that when a statistical model is used to represent TAL Education 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 | 116.4996 |
| Bias | Arithmetic mean of the errors | -0.028 |
| MAD | Mean absolute deviation | 0.309 |
| MAPE | Mean absolute percentage error | 0.0305 |
| SAE | Sum of the absolute errors | 18.85 |
Predictive Modules for TAL Education
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TAL Education Group. 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 TAL Education
For every potential investor in TAL, whether a beginner or expert, TAL Education's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TAL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TAL. Basic forecasting techniques help filter out the noise by identifying TAL Education's price trends.TAL Education 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 TAL Education stock to make a market-neutral strategy. Peer analysis of TAL Education could also be used in its relative valuation, which is a method of valuing TAL Education by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
TAL Education Group 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 TAL Education'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 TAL Education's current price.| Cycle Indicators | ||
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TAL Education Market Strength Events
Market strength indicators help investors to evaluate how TAL Education stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TAL Education shares will generate the highest return on investment. By undertsting and applying TAL Education stock market strength indicators, traders can identify TAL Education Group entry and exit signals to maximize returns.
| Accumulation Distribution | 209750.0 | |||
| Daily Balance Of Power | (0.30) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 9.82 | |||
| Day Typical Price | 9.79 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.08) | |||
| Relative Strength Index | 45.17 |
TAL Education Risk Indicators
The analysis of TAL Education'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 TAL Education's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tal 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 | 3.04 | |||
| Semi Deviation | 3.21 | |||
| Standard Deviation | 4.58 | |||
| Variance | 20.98 | |||
| Downside Variance | 11.8 | |||
| Semi Variance | 10.27 | |||
| Expected Short fall | (3.61) |
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.
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Is Diversified Consumer Services 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 TAL Education. If investors know TAL 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 TAL Education 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 0.481 | Earnings Share 0.12 | Revenue Per Share 3.043 | Quarterly Revenue Growth 0.504 | Return On Assets (0) |
The market value of TAL Education Group is measured differently than its book value, which is the value of TAL that is recorded on the company's balance sheet. Investors also form their own opinion of TAL Education's value that differs from its market value or its book value, called intrinsic value, which is TAL Education'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 TAL Education's market value can be influenced by many factors that don't directly affect TAL Education'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 TAL Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if TAL Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TAL Education'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.