XMax Stock Forecast - Simple Exponential Smoothing
| XWIN Stock | 5.95 0.05 0.83% |
The Simple Exponential Smoothing forecasted value of XMax Inc on the next trading day is expected to be 5.96 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.32. XMax Stock Forecast is based on your current time horizon. Although XMax's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of XMax's systematic risk associated with finding meaningful patterns of XMax fundamentals over time.
At this time, XMax's Inventory Turnover is very stable compared to the past year. As of the 30th of December 2025, Receivables Turnover is likely to grow to 189.11, while Payables Turnover is likely to drop 7.09. . As of the 30th of December 2025, Common Stock Shares Outstanding is likely to drop to about 2 M. XMax Simple Exponential Smoothing Price Forecast For the 31st of December
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of XMax Inc on the next trading day is expected to be 5.96 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.32.Please note that although there have been many attempts to predict XMax 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 XMax's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
XMax Stock Forecast Pattern
| Backtest XMax | XMax Price Prediction | Buy or Sell Advice |
XMax Forecasted Value
In the context of forecasting XMax'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. XMax's downside and upside margins for the forecasting period are 3.51 and 8.41, respectively. We have considered XMax'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 XMax stock data series using in forecasting. Note that when a statistical model is used to represent XMax 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 | 113.9703 |
| Bias | Arithmetic mean of the errors | -0.0129 |
| MAD | Mean absolute deviation | 0.0873 |
| MAPE | Mean absolute percentage error | 0.0155 |
| SAE | Sum of the absolute errors | 5.3247 |
Predictive Modules for XMax
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as XMax Inc. 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 XMax
For every potential investor in XMax, whether a beginner or expert, XMax's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. XMax Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in XMax. Basic forecasting techniques help filter out the noise by identifying XMax's price trends.XMax 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 XMax stock to make a market-neutral strategy. Peer analysis of XMax could also be used in its relative valuation, which is a method of valuing XMax by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
XMax Inc 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 XMax'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 XMax's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
XMax Market Strength Events
Market strength indicators help investors to evaluate how XMax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading XMax shares will generate the highest return on investment. By undertsting and applying XMax stock market strength indicators, traders can identify XMax Inc entry and exit signals to maximize returns.
XMax Risk Indicators
The analysis of XMax'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 XMax's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting xmax 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 | 1.72 | |||
| Semi Deviation | 1.8 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.15 | |||
| Downside Variance | 4.39 | |||
| Semi Variance | 3.22 | |||
| Expected Short fall | (1.87) |
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.
Pair Trading with XMax
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if XMax position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in XMax will appreciate offsetting losses from the drop in the long position's value.Moving together with XMax Stock
Moving against XMax Stock
| 0.67 | DOGZ | Dogness International | PairCorr |
| 0.62 | 300577 | Anhui Korrun | PairCorr |
| 0.61 | WLDS | Wearable Devices | PairCorr |
| 0.6 | 600398 | HLA GROUP P | PairCorr |
| 0.58 | EZGO | EZGO Technologies | PairCorr |
The ability to find closely correlated positions to XMax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XMax when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back XMax - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling XMax Inc to buy it.
The correlation of XMax is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as XMax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XMax Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for XMax can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of XMax to cross-verify your projections. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Apparel, Accessories & Luxury Goods 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 XMax. If investors know XMax 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 XMax 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 XMax Inc is measured differently than its book value, which is the value of XMax that is recorded on the company's balance sheet. Investors also form their own opinion of XMax's value that differs from its market value or its book value, called intrinsic value, which is XMax'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 XMax's market value can be influenced by many factors that don't directly affect XMax'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 XMax's value and its price as these two are different measures arrived at by different means. Investors typically determine if XMax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XMax'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.