JIN MEDICAL Stock Forward View
| ZJYL Stock | 0.13 0.01 7.14% |
JIN Stock outlook is based on your current time horizon. Although JIN MEDICAL's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of JIN MEDICAL's systematic risk associated with finding meaningful patterns of JIN MEDICAL fundamentals over time.
As of now, the relative strength index (RSI) of JIN MEDICAL's share price is approaching 35. This usually means that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling JIN MEDICAL, making its price go up or down. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth 0.676 | Quarterly Revenue Growth (0.06) |
Using JIN MEDICAL hype-based prediction, you can estimate the value of JIN MEDICAL INTERNATIONAL from the perspective of JIN MEDICAL response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of JIN MEDICAL INTERNATIONAL on the next trading day is expected to be 0.14 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.96. JIN MEDICAL after-hype prediction price | USD 0.13 |
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 JIN MEDICAL to cross-verify your projections. JIN MEDICAL Additional Predictive Modules
Most predictive techniques to examine JIN price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for JIN using various technical indicators. When you analyze JIN 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 |
JIN MEDICAL 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 JIN MEDICAL's financial statements, predicting their influence on future market prices.
Cash | First Reported 2018-12-31 | Previous Quarter 11.1 M | Current Value 11.1 M | Quarterly Volatility 3.8 M |
JIN MEDICAL Naive Prediction Price Forecast For the 4th of February
Given 90 days horizon, the Naive Prediction forecasted value of JIN MEDICAL INTERNATIONAL on the next trading day is expected to be 0.14 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 0.96.Please note that although there have been many attempts to predict JIN Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that JIN MEDICAL's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
JIN MEDICAL Stock Forecast Pattern
| Backtest JIN MEDICAL | JIN MEDICAL Price Prediction | Research Analysis |
JIN MEDICAL Forecasted Value
In the context of forecasting JIN MEDICAL'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. JIN MEDICAL's downside and upside margins for the forecasting period are 0 and 6.52, respectively. We have considered JIN MEDICAL'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 JIN MEDICAL stock data series using in forecasting. Note that when a statistical model is used to represent JIN MEDICAL 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 | 112.1152 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0155 |
| MAPE | Mean absolute percentage error | 0.0782 |
| SAE | Sum of the absolute errors | 0.9579 |
Predictive Modules for JIN MEDICAL
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as JIN MEDICAL INTERNATIONAL. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of JIN MEDICAL's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
JIN MEDICAL After-Hype Price Density Analysis
As far as predicting the price of JIN MEDICAL at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in JIN MEDICAL or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of JIN MEDICAL, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
JIN MEDICAL Estimiated After-Hype Price Volatility
In the context of predicting JIN MEDICAL's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on JIN MEDICAL's historical news coverage. JIN MEDICAL's after-hype downside and upside margins for the prediction period are 0.01 and 6.49, respectively. We have considered JIN MEDICAL's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
JIN MEDICAL is out of control at this time. Analysis and calculation of next after-hype price of JIN MEDICAL INTERNATIONAL is based on 3 months time horizon.
JIN MEDICAL Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as JIN MEDICAL is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading JIN MEDICAL backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with JIN MEDICAL, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.86 | 6.38 | 0.00 | 0.01 | 8 Events / Month | 6 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.13 | 0.13 | 0.00 |
|
JIN MEDICAL Hype Timeline
JIN MEDICAL INTERNATIONAL is at this time traded for 0.13. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. JIN is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at -0.86%. %. The volatility of related hype on JIN MEDICAL is about 42533.33%, with the expected price after the next announcement by competition of 0.12. About 76.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 0.77. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. JIN MEDICAL INTERNATIONAL had not issued any dividends in recent years. The entity had 20:1 split on the 8th of February 2024. Given the investment horizon of 90 days the next anticipated press release will be in about 8 days. Check out Historical Fundamental Analysis of JIN MEDICAL to cross-verify your projections.JIN MEDICAL Related Hype Analysis
Having access to credible news sources related to JIN MEDICAL's direct competition is more important than ever and may enhance your ability to predict JIN MEDICAL's future price movements. Getting to know how JIN MEDICAL's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how JIN MEDICAL may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NOTV | Inotiv Inc | 0.01 | 8 per month | 0.00 | (0.18) | 7.41 | (7.95) | 39.39 | |
| RNTX | Rein Therapeutics | (0.07) | 8 per month | 5.23 | 0.01 | 11.46 | (8.06) | 36.28 | |
| BDMD | Baird Medical Investment | (0.02) | 10 per month | 0.00 | (0.11) | 8.67 | (8.00) | 26.61 | |
| CPIX | Cumberland Pharmaceuticals | (0.06) | 9 per month | 4.85 | 0.06 | 12.60 | (7.76) | 27.96 | |
| CALC | CalciMedica Common Stock | 0.06 | 5 per month | 0.00 | (0.05) | 12.74 | (10.83) | 105.18 | |
| QNTM | Quantum BioPharma | 0.03 | 10 per month | 0.00 | (0.14) | 13.19 | (12.78) | 59.29 | |
| LTRN | Lantern Pharma | 0.02 | 7 per month | 0.00 | (0.08) | 8.59 | (5.57) | 23.91 | |
| TVRD | Tvardi Therapeutics | (0.20) | 11 per month | 0.00 | (0.07) | 5.59 | (5.80) | 17.33 | |
| POCI | Precision Optics | 0.06 | 7 per month | 2.30 | 0.07 | 3.68 | (3.55) | 27.89 | |
| MLSS | Milestone Scientific | 0.02 | 10 per month | 0.00 | (0.16) | 7.41 | (6.90) | 23.59 |
Other Forecasting Options for JIN MEDICAL
For every potential investor in JIN, whether a beginner or expert, JIN MEDICAL's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. JIN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in JIN. Basic forecasting techniques help filter out the noise by identifying JIN MEDICAL's price trends.JIN MEDICAL 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 JIN MEDICAL stock to make a market-neutral strategy. Peer analysis of JIN MEDICAL could also be used in its relative valuation, which is a method of valuing JIN MEDICAL by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
JIN MEDICAL Market Strength Events
Market strength indicators help investors to evaluate how JIN MEDICAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JIN MEDICAL shares will generate the highest return on investment. By undertsting and applying JIN MEDICAL stock market strength indicators, traders can identify JIN MEDICAL INTERNATIONAL entry and exit signals to maximize returns.
JIN MEDICAL Risk Indicators
The analysis of JIN MEDICAL'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 JIN MEDICAL's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jin 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 | 4.85 | |||
| Standard Deviation | 7.21 | |||
| Variance | 51.94 |
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.
Story Coverage note for JIN MEDICAL
The number of cover stories for JIN MEDICAL depends on current market conditions and JIN MEDICAL's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that JIN MEDICAL is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about JIN MEDICAL's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
JIN MEDICAL Short Properties
JIN MEDICAL's future price predictability will typically decrease when JIN MEDICAL's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of JIN MEDICAL INTERNATIONAL often depends not only on the future outlook of the potential JIN MEDICAL's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. JIN MEDICAL's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 156.5 M | |
| Cash And Short Term Investments | 26.8 M |
Check out Historical Fundamental Analysis of JIN MEDICAL to cross-verify your projections. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Health Care Equipment & 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 JIN MEDICAL. Anticipated expansion of JIN directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive JIN MEDICAL assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 0.676 | Earnings Share 0.01 | Revenue Per Share | Quarterly Revenue Growth (0.06) | Return On Assets |
The market value of JIN MEDICAL INTERNATIONAL is measured differently than its book value, which is the value of JIN that is recorded on the company's balance sheet. Investors also form their own opinion of JIN MEDICAL's value that differs from its market value or its book value, called intrinsic value, which is JIN MEDICAL'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 JIN MEDICAL's market value can be influenced by many factors that don't directly affect JIN MEDICAL'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 JIN MEDICAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if JIN MEDICAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, JIN MEDICAL's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.