CHAODA MODERN Stock Forecast - Simple Moving Average
| CHA Stock | EUR 0.03 0.00 0.00% |
The Simple Moving Average forecasted value of CHAODA MODERN AGRI on the next trading day is expected to be 0.03 with a mean absolute deviation of 0.001 and the sum of the absolute errors of 0.06. CHAODA Stock Forecast is based on your current time horizon.
CHAODA |
CHAODA MODERN Simple Moving Average Price Forecast For the 21st of March
Given 90 days horizon, the Simple Moving Average forecasted value of CHAODA MODERN AGRI on the next trading day is expected to be 0.03 with a mean absolute deviation of 0.001, mean absolute percentage error of 0.00000598, and the sum of the absolute errors of 0.06.Please note that although there have been many attempts to predict CHAODA 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 CHAODA MODERN's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
CHAODA MODERN Stock Forecast Pattern
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Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of CHAODA MODERN stock data series using in forecasting. Note that when a statistical model is used to represent CHAODA MODERN 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 | 102.4076 |
| Bias | Arithmetic mean of the errors | -1.0E-4 |
| MAD | Mean absolute deviation | 0.001 |
| MAPE | Mean absolute percentage error | 0.0626 |
| SAE | Sum of the absolute errors | 0.0577 |
Predictive Modules for CHAODA MODERN
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CHAODA MODERN AGRI. 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.CHAODA MODERN 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 CHAODA MODERN stock to make a market-neutral strategy. Peer analysis of CHAODA MODERN could also be used in its relative valuation, which is a method of valuing CHAODA MODERN by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CHAODA MODERN Market Strength Events
Market strength indicators help investors to evaluate how CHAODA MODERN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CHAODA MODERN shares will generate the highest return on investment. By undertsting and applying CHAODA MODERN stock market strength indicators, traders can identify CHAODA MODERN AGRI entry and exit signals to maximize returns.
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Additional Tools for CHAODA Stock Analysis
When running CHAODA MODERN's price analysis, check to measure CHAODA MODERN'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 CHAODA MODERN is operating at the current time. Most of CHAODA MODERN's value examination focuses on studying past and present price action to predict the probability of CHAODA MODERN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHAODA MODERN's price. Additionally, you may evaluate how the addition of CHAODA MODERN to your portfolios can decrease your overall portfolio volatility.