UMAX Group Stock Forecast - 4 Period Moving Average
| UMAX Stock | USD 0.0001 0.00 0.00% |
The 4 Period Moving Average forecasted value of UMAX Group Corp on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. UMAX Stock Forecast is based on your current time horizon.
UMAX |
UMAX Group 4 Period Moving Average Price Forecast For the 12th of December 2024
Given 90 days horizon, the 4 Period Moving Average forecasted value of UMAX Group Corp on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.Please note that although there have been many attempts to predict UMAX 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 UMAX Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
UMAX Group Stock Forecast Pattern
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UMAX Group Forecasted Value
In the context of forecasting UMAX Group'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. UMAX Group's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered UMAX Group'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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of UMAX Group stock data series using in forecasting. Note that when a statistical model is used to represent UMAX Group 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 | -9.223372036854776E14 |
| 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 UMAX Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as UMAX Group Corp. 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 UMAX Group
For every potential investor in UMAX, whether a beginner or expert, UMAX Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. UMAX Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in UMAX. Basic forecasting techniques help filter out the noise by identifying UMAX Group's price trends.UMAX Group 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 UMAX Group stock to make a market-neutral strategy. Peer analysis of UMAX Group could also be used in its relative valuation, which is a method of valuing UMAX Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
UMAX Group Corp 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 UMAX Group'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 UMAX Group's current price.| Cycle Indicators | ||
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UMAX Group Market Strength Events
Market strength indicators help investors to evaluate how UMAX Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UMAX Group shares will generate the highest return on investment. By undertsting and applying UMAX Group stock market strength indicators, traders can identify UMAX Group Corp entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for UMAX Stock Analysis
When running UMAX Group's price analysis, check to measure UMAX Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy UMAX Group is operating at the current time. Most of UMAX Group's value examination focuses on studying past and present price action to predict the probability of UMAX Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UMAX Group's price. Additionally, you may evaluate how the addition of UMAX Group to your portfolios can decrease your overall portfolio volatility.