ZJK Industrial Stock Forecast - Naive Prediction
| ZJK Stock | 2.36 0.02 0.84% |
The Naive Prediction forecasted value of ZJK Industrial Co on the next trading day is expected to be 3.24 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 17.13. ZJK Stock Forecast is based on your current time horizon. Although ZJK Industrial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of ZJK Industrial's systematic risk associated with finding meaningful patterns of ZJK Industrial fundamentals over time.
As of now the relative strength index (rsi) of ZJK Industrial's share price is below 20 . This usually means that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth 0.057 | Quarterly Revenue Growth 0.522 |
Using ZJK Industrial hype-based prediction, you can estimate the value of ZJK Industrial Co from the perspective of ZJK Industrial response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of ZJK Industrial Co on the next trading day is expected to be 3.24 with a mean absolute deviation of 0.28 and the sum of the absolute errors of 17.13. ZJK Industrial after-hype prediction price | USD 2.35 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of ZJK Industrial to cross-verify your projections. ZJK Industrial Additional Predictive Modules
Most predictive techniques to examine ZJK price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ZJK using various technical indicators. When you analyze ZJK charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ZJK Industrial Cash Forecast
To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the ZJK Industrial's financial statements, predicting their influence on future market prices.
Cash | First Reported 2010-12-31 | Previous Quarter 14.1 M | Current Value 14.8 M | Quarterly Volatility 5 M |
ZJK Industrial Naive Prediction Price Forecast For the 12th of January 2026
Given 90 days horizon, the Naive Prediction forecasted value of ZJK Industrial Co on the next trading day is expected to be 3.24 with a mean absolute deviation of 0.28, mean absolute percentage error of 0.12, and the sum of the absolute errors of 17.13.Please note that although there have been many attempts to predict ZJK 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 ZJK Industrial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
ZJK Industrial Stock Forecast Pattern
| Backtest ZJK Industrial | ZJK Industrial Price Prediction | Buy or Sell Advice |
ZJK Industrial Forecasted Value
In the context of forecasting ZJK Industrial'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. ZJK Industrial's downside and upside margins for the forecasting period are 0.02 and 11.32, respectively. We have considered ZJK Industrial'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of ZJK Industrial stock data series using in forecasting. Note that when a statistical model is used to represent ZJK Industrial 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 | 116.0223 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2807 |
| MAPE | Mean absolute percentage error | 0.1178 |
| SAE | Sum of the absolute errors | 17.125 |
Predictive Modules for ZJK Industrial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ZJK Industrial. 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 ZJK Industrial
For every potential investor in ZJK, whether a beginner or expert, ZJK Industrial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ZJK Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ZJK. Basic forecasting techniques help filter out the noise by identifying ZJK Industrial's price trends.ZJK Industrial 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 ZJK Industrial stock to make a market-neutral strategy. Peer analysis of ZJK Industrial could also be used in its relative valuation, which is a method of valuing ZJK Industrial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ZJK Industrial 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 ZJK Industrial'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 ZJK Industrial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ZJK Industrial Market Strength Events
Market strength indicators help investors to evaluate how ZJK Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZJK Industrial shares will generate the highest return on investment. By undertsting and applying ZJK Industrial stock market strength indicators, traders can identify ZJK Industrial Co entry and exit signals to maximize returns.
ZJK Industrial Risk Indicators
The analysis of ZJK Industrial'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 ZJK Industrial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zjk 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 | 5.18 | |||
| Standard Deviation | 8.07 | |||
| Variance | 65.1 |
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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Try AI Portfolio ProphetCheck out Historical Fundamental Analysis of ZJK Industrial to cross-verify your projections. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Industrial Machinery & Supplies & Components 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 ZJK Industrial. If investors know ZJK 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 ZJK Industrial 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 0.057 | Earnings Share 0.07 | Revenue Per Share | Quarterly Revenue Growth 0.522 | Return On Assets |
The market value of ZJK Industrial is measured differently than its book value, which is the value of ZJK that is recorded on the company's balance sheet. Investors also form their own opinion of ZJK Industrial's value that differs from its market value or its book value, called intrinsic value, which is ZJK Industrial'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 ZJK Industrial's market value can be influenced by many factors that don't directly affect ZJK Industrial'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 ZJK Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZJK Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZJK Industrial'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.