Zhejiang Publishing Stock Forecast - 8 Period Moving Average

601921 Stock   8.39  0.01  0.12%   
The 8 Period Moving Average forecasted value of Zhejiang Publishing Media on the next trading day is expected to be 8.15 with a mean absolute deviation of 0.25 and the sum of the absolute errors of 13.60. Zhejiang Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Zhejiang Publishing stock prices and determine the direction of Zhejiang Publishing Media's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Zhejiang Publishing's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Zhejiang Publishing's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 2.3 B, whereas Total Assets are forecasted to decline to about 19.3 B.
An 8-period moving average forecast model for Zhejiang Publishing is based on an artificially constructed time series of Zhejiang Publishing daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Zhejiang Publishing 8 Period Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Zhejiang Publishing Media on the next trading day is expected to be 8.15 with a mean absolute deviation of 0.25, mean absolute percentage error of 0.12, and the sum of the absolute errors of 13.60.
Please note that although there have been many attempts to predict Zhejiang 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 Zhejiang Publishing's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Zhejiang Publishing Stock Forecast Pattern

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Zhejiang Publishing Forecasted Value

In the context of forecasting Zhejiang Publishing'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. Zhejiang Publishing's downside and upside margins for the forecasting period are 5.44 and 10.87, respectively. We have considered Zhejiang Publishing'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
8.39
8.15
Expected Value
10.87
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Zhejiang Publishing stock data series using in forecasting. Note that when a statistical model is used to represent Zhejiang Publishing 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 Criteria103.1098
BiasArithmetic mean of the errors -0.0451
MADMean absolute deviation0.2519
MAPEMean absolute percentage error0.0307
SAESum of the absolute errors13.6038
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Zhejiang Publishing Media 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Zhejiang Publishing

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Zhejiang Publishing Media. 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
5.718.4011.09
Details
Intrinsic
Valuation
LowRealHigh
4.337.029.71
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zhejiang Publishing. Your research has to be compared to or analyzed against Zhejiang Publishing's peers to derive any actionable benefits. When done correctly, Zhejiang Publishing'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 Zhejiang Publishing Media.

Other Forecasting Options for Zhejiang Publishing

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

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

Zhejiang Publishing Media 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 Zhejiang Publishing'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 Zhejiang Publishing's current price.

Zhejiang Publishing Market Strength Events

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

Zhejiang Publishing Risk Indicators

The analysis of Zhejiang Publishing'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 Zhejiang Publishing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting zhejiang 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.

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Other Information on Investing in Zhejiang Stock

Zhejiang Publishing financial ratios help investors to determine whether Zhejiang 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 Zhejiang with respect to the benefits of owning Zhejiang Publishing security.