Yunnan Chihong Stock Forecast - Simple Exponential Smoothing

600497 Stock   5.75  0.07  1.23%   
The Simple Exponential Smoothing forecasted value of Yunnan Chihong ZincGermanium on the next trading day is expected to be 5.75 with a mean absolute deviation of 0.1 and the sum of the absolute errors of 6.02. Yunnan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Yunnan Chihong stock prices and determine the direction of Yunnan Chihong ZincGermanium's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Yunnan Chihong's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Yunnan Chihong's Total Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 16.6 B, whereas Total Assets are forecasted to decline to about 19.7 B.
Yunnan Chihong simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Yunnan Chihong ZincGermanium are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Yunnan Chihong ZincG prices get older.

Yunnan Chihong Simple Exponential Smoothing Price Forecast For the 26th of December

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Yunnan Chihong ZincGermanium on the next trading day is expected to be 5.75 with a mean absolute deviation of 0.1, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.02.
Please note that although there have been many attempts to predict Yunnan 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 Yunnan Chihong's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Yunnan Chihong Stock Forecast Pattern

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Yunnan Chihong Forecasted Value

In the context of forecasting Yunnan Chihong'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. Yunnan Chihong's downside and upside margins for the forecasting period are 3.29 and 8.21, respectively. We have considered Yunnan Chihong'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.
Market Value
5.75
5.75
Expected Value
8.21
Upside

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 Yunnan Chihong stock data series using in forecasting. Note that when a statistical model is used to represent Yunnan Chihong 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.
AICAkaike Information Criteria114.2184
BiasArithmetic mean of the errors -0.0134
MADMean absolute deviation0.0987
MAPEMean absolute percentage error0.0169
SAESum of the absolute errors6.02
This simple exponential smoothing model begins by setting Yunnan Chihong ZincGermanium forecast for the second period equal to the observation of the first period. In other words, recent Yunnan Chihong observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Yunnan Chihong

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yunnan Chihong ZincG. 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.
Hype
Prediction
LowEstimatedHigh
3.265.728.18
Details
Intrinsic
Valuation
LowRealHigh
2.915.377.83
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.090.10.1
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Yunnan Chihong. Your research has to be compared to or analyzed against Yunnan Chihong's peers to derive any actionable benefits. When done correctly, Yunnan Chihong's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Yunnan Chihong ZincG.

Other Forecasting Options for Yunnan Chihong

For every potential investor in Yunnan, whether a beginner or expert, Yunnan Chihong's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Yunnan Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Yunnan. Basic forecasting techniques help filter out the noise by identifying Yunnan Chihong's price trends.

Yunnan Chihong 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 Yunnan Chihong stock to make a market-neutral strategy. Peer analysis of Yunnan Chihong could also be used in its relative valuation, which is a method of valuing Yunnan Chihong by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Yunnan Chihong ZincG 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 Yunnan Chihong'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 Yunnan Chihong's current price.

Yunnan Chihong Market Strength Events

Market strength indicators help investors to evaluate how Yunnan Chihong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yunnan Chihong shares will generate the highest return on investment. By undertsting and applying Yunnan Chihong stock market strength indicators, traders can identify Yunnan Chihong ZincGermanium entry and exit signals to maximize returns.

Yunnan Chihong Risk Indicators

The analysis of Yunnan Chihong'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 Yunnan Chihong's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yunnan 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.
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

Other Information on Investing in Yunnan Stock

Yunnan Chihong financial ratios help investors to determine whether Yunnan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Yunnan with respect to the benefits of owning Yunnan Chihong security.