China Minsh Pink Sheet Forecast - 20 Period Moving Average

CMAKY Stock  USD 3.98  0.00  0.00%   
The 20 Period Moving Average forecasted value of China Minsh on the next trading day is expected to be 3.92 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 3.17. China Pink Sheet Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for China Minsh is based on a synthetically constructed China Minshdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

China Minsh 20 Period Moving Average Price Forecast For the 26th of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of China Minsh on the next trading day is expected to be 3.92 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.17.
Please note that although there have been many attempts to predict China Pink Sheet 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 China Minsh's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

China Minsh Pink Sheet Forecast Pattern

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China Minsh Forecasted Value

In the context of forecasting China Minsh's Pink Sheet 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. China Minsh's downside and upside margins for the forecasting period are 1.36 and 6.48, respectively. We have considered China Minsh'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
3.98
3.92
Expected Value
6.48
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of China Minsh pink sheet data series using in forecasting. Note that when a statistical model is used to represent China Minsh pink sheet, 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 Criteria76.6778
BiasArithmetic mean of the errors 0.0095
MADMean absolute deviation0.0774
MAPEMean absolute percentage error0.0199
SAESum of the absolute errors3.1735
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. China Minsh 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for China Minsh

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Minsh. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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
1.423.986.54
Details
Intrinsic
Valuation
LowRealHigh
1.474.036.59
Details

Other Forecasting Options for China Minsh

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

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

China Minsh Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of China Minsh'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 China Minsh's current price.

China Minsh Market Strength Events

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

China Minsh Risk Indicators

The analysis of China Minsh'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 China Minsh's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting china pink sheet 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 China Pink Sheet Analysis

When running China Minsh's price analysis, check to measure China Minsh'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 China Minsh is operating at the current time. Most of China Minsh's value examination focuses on studying past and present price action to predict the probability of China Minsh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Minsh's price. Additionally, you may evaluate how the addition of China Minsh to your portfolios can decrease your overall portfolio volatility.