Trustcash Holdings Stock Forecast - Naive Prediction
The Naive Prediction forecasted value of Trustcash Holdings on the next trading day is expected to be 0.000028 with a mean absolute deviation of 0.00000946 and the sum of the absolute errors of 0.0006. Trustcash Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Trustcash Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Trustcash |
Trustcash Holdings 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 Trustcash Holdings' financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 2010-12-31 | Previous Quarter 17.7 K | Current Value 16.9 K | Quarterly Volatility 86.6 T |
Trustcash Holdings Naive Prediction Price Forecast For the 29th of November
Given 90 days horizon, the Naive Prediction forecasted value of Trustcash Holdings on the next trading day is expected to be 0.000028 with a mean absolute deviation of 0.00000946, mean absolute percentage error of 0, and the sum of the absolute errors of 0.0006.Please note that although there have been many attempts to predict Trustcash 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 Trustcash Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Trustcash Holdings Stock Forecast Pattern
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Trustcash Holdings Forecasted Value
In the context of forecasting Trustcash Holdings' 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. Trustcash Holdings' downside and upside margins for the forecasting period are 0.00 and 126.82, respectively. We have considered Trustcash Holdings' 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 Trustcash Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Trustcash Holdings 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 | 95.8079 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 9.223372036854776E14 |
| SAE | Sum of the absolute errors | 6.0E-4 |
Predictive Modules for Trustcash Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Trustcash Holdings. 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 Trustcash Holdings
For every potential investor in Trustcash, whether a beginner or expert, Trustcash Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Trustcash Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Trustcash. Basic forecasting techniques help filter out the noise by identifying Trustcash Holdings' price trends.Trustcash Holdings 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 Trustcash Holdings stock to make a market-neutral strategy. Peer analysis of Trustcash Holdings could also be used in its relative valuation, which is a method of valuing Trustcash Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Trustcash Holdings 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 Trustcash Holdings' 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 Trustcash Holdings' current price.| Cycle Indicators | ||
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Currently Active Assets on Macroaxis
When determining whether Trustcash Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trustcash Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trustcash Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trustcash Holdings Stock:Check out Historical Fundamental Analysis of Trustcash Holdings to cross-verify your projections. For more detail on how to invest in Trustcash Stock please use our How to Invest in Trustcash Holdings guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Commercial Services & 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 Trustcash Holdings. If investors know Trustcash 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 Trustcash Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.002 | Quarterly Revenue Growth 2.23 |
The market value of Trustcash Holdings is measured differently than its book value, which is the value of Trustcash that is recorded on the company's balance sheet. Investors also form their own opinion of Trustcash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Trustcash Holdings' 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 Trustcash Holdings' market value can be influenced by many factors that don't directly affect Trustcash Holdings' 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 Trustcash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trustcash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trustcash Holdings' 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.