Dawushan Farm Stock Forecast - Naive Prediction

6952 Stock   48.00  0.80  1.64%   
The Naive Prediction forecasted value of Dawushan Farm Tech on the next trading day is expected to be 46.58 with a mean absolute deviation of 0.85 and the sum of the absolute errors of 51.78. Investors can use prediction functions to forecast Dawushan Farm's stock prices and determine the direction of Dawushan Farm Tech's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Dawushan Farm's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
A naive forecasting model for Dawushan Farm is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Dawushan Farm Tech value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Dawushan Farm Naive Prediction Price Forecast For the 16th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of Dawushan Farm Tech on the next trading day is expected to be 46.58 with a mean absolute deviation of 0.85, mean absolute percentage error of 1.30, and the sum of the absolute errors of 51.78.
Please note that although there have been many attempts to predict Dawushan 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 Dawushan Farm's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dawushan Farm Stock Forecast Pattern

Dawushan Farm Forecasted Value

In the context of forecasting Dawushan Farm'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. Dawushan Farm's downside and upside margins for the forecasting period are 45.00 and 48.17, respectively. We have considered Dawushan Farm'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
48.00
46.58
Expected Value
48.17
Upside

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 Dawushan Farm stock data series using in forecasting. Note that when a statistical model is used to represent Dawushan Farm 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 Criteria118.3753
BiasArithmetic mean of the errors None
MADMean absolute deviation0.8489
MAPEMean absolute percentage error0.0183
SAESum of the absolute errors51.7834
This model is not at all useful as a medium-long range forecasting tool of Dawushan Farm Tech. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Dawushan Farm. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Dawushan Farm

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dawushan Farm Tech. 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 Dawushan Farm

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

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

Dawushan Farm Tech 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 Dawushan Farm'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 Dawushan Farm's current price.

Dawushan Farm Market Strength Events

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

Dawushan Farm Risk Indicators

The analysis of Dawushan Farm'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 Dawushan Farm's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dawushan 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Dawushan Stock Analysis

When running Dawushan Farm's price analysis, check to measure Dawushan Farm's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dawushan Farm is operating at the current time. Most of Dawushan Farm's value examination focuses on studying past and present price action to predict the probability of Dawushan Farm's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dawushan Farm's price. Additionally, you may evaluate how the addition of Dawushan Farm to your portfolios can decrease your overall portfolio volatility.