Zhihu Stock Forecast - Polynomial Regression
| ZH Stock | USD 3.57 0.08 2.19% |
The Polynomial Regression forecasted value of Zhihu Inc ADR on the next trading day is expected to be 3.43 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 12.36. Zhihu Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Zhihu's historical fundamentals, such as revenue growth or operating cash flow patterns.
Zhihu |
Zhihu Polynomial Regression Price Forecast For the 23rd of November
Given 90 days horizon, the Polynomial Regression forecasted value of Zhihu Inc ADR on the next trading day is expected to be 3.43 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.07, and the sum of the absolute errors of 12.36.Please note that although there have been many attempts to predict Zhihu 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 Zhihu's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Zhihu Stock Forecast Pattern
| Backtest Zhihu | Zhihu Price Prediction | Buy or Sell Advice |
Zhihu Forecasted Value
In the context of forecasting Zhihu'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. Zhihu's downside and upside margins for the forecasting period are 0.04 and 7.66, respectively. We have considered Zhihu'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Zhihu stock data series using in forecasting. Note that when a statistical model is used to represent Zhihu 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 | 117.3374 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1993 |
| MAPE | Mean absolute percentage error | 0.0544 |
| SAE | Sum of the absolute errors | 12.3581 |
Predictive Modules for Zhihu
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhihu Inc ADR. 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 Zhihu
For every potential investor in Zhihu, whether a beginner or expert, Zhihu's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Zhihu Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Zhihu. Basic forecasting techniques help filter out the noise by identifying Zhihu's price trends.Zhihu 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 Zhihu stock to make a market-neutral strategy. Peer analysis of Zhihu could also be used in its relative valuation, which is a method of valuing Zhihu by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Zhihu Inc ADR 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 Zhihu'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 Zhihu's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Zhihu Market Strength Events
Market strength indicators help investors to evaluate how Zhihu stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhihu shares will generate the highest return on investment. By undertsting and applying Zhihu stock market strength indicators, traders can identify Zhihu Inc ADR entry and exit signals to maximize returns.
Zhihu Risk Indicators
The analysis of Zhihu'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 Zhihu's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zhihu 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 | 3.01 | |||
| Semi Deviation | 3.09 | |||
| Standard Deviation | 4.2 | |||
| Variance | 17.65 | |||
| Downside Variance | 11.36 | |||
| Semi Variance | 9.52 | |||
| Expected Short fall | (3.89) |
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.
Currently Active Assets on Macroaxis
Check out Historical Fundamental Analysis of Zhihu to cross-verify your projections. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Movies & Entertainment 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 Zhihu. If investors know Zhihu 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 Zhihu listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.90) | Revenue Per Share 42.343 | Quarterly Revenue Growth (0.11) | Return On Assets (0.09) | Return On Equity (0.13) |
The market value of Zhihu Inc ADR is measured differently than its book value, which is the value of Zhihu that is recorded on the company's balance sheet. Investors also form their own opinion of Zhihu's value that differs from its market value or its book value, called intrinsic value, which is Zhihu'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 Zhihu's market value can be influenced by many factors that don't directly affect Zhihu'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 Zhihu's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhihu is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhihu'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.