Graphjet Technology Stock Forecast - 20 Period Moving Average
| GTI Stock | 2.69 0.01 0.37% |
The 20 Period Moving Average forecasted value of Graphjet Technology on the next trading day is expected to be 2.80 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 13.45. Graphjet Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Graphjet Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
Graphjet |
Graphjet Technology 20 Period Moving Average Price Forecast For the 1st of December
Given 90 days horizon, the 20 Period Moving Average forecasted value of Graphjet Technology on the next trading day is expected to be 2.80 with a mean absolute deviation of 0.32, mean absolute percentage error of 0.17, and the sum of the absolute errors of 13.45.Please note that although there have been many attempts to predict Graphjet 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 Graphjet Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Graphjet Technology Stock Forecast Pattern
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Graphjet Technology Forecasted Value
In the context of forecasting Graphjet Technology'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. Graphjet Technology's downside and upside margins for the forecasting period are 0.03 and 10.17, respectively. We have considered Graphjet Technology'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.
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 Graphjet Technology stock data series using in forecasting. Note that when a statistical model is used to represent Graphjet Technology 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 | 81.3949 |
| Bias | Arithmetic mean of the errors | -0.0069 |
| MAD | Mean absolute deviation | 0.3202 |
| MAPE | Mean absolute percentage error | 0.1245 |
| SAE | Sum of the absolute errors | 13.448 |
Predictive Modules for Graphjet Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Graphjet Technology. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Graphjet Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Graphjet Technology
For every potential investor in Graphjet, whether a beginner or expert, Graphjet Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Graphjet Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Graphjet. Basic forecasting techniques help filter out the noise by identifying Graphjet Technology's price trends.Graphjet Technology 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 Graphjet Technology stock to make a market-neutral strategy. Peer analysis of Graphjet Technology could also be used in its relative valuation, which is a method of valuing Graphjet Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Graphjet Technology 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 Graphjet Technology'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 Graphjet Technology's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Graphjet Technology Market Strength Events
Market strength indicators help investors to evaluate how Graphjet Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Graphjet Technology shares will generate the highest return on investment. By undertsting and applying Graphjet Technology stock market strength indicators, traders can identify Graphjet Technology entry and exit signals to maximize returns.
Graphjet Technology Risk Indicators
The analysis of Graphjet Technology'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 Graphjet Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting graphjet 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.
| Mean Deviation | 5.35 | |||
| Semi Deviation | 7.08 | |||
| Standard Deviation | 7.44 | |||
| Variance | 55.37 | |||
| Downside Variance | 51.98 | |||
| Semi Variance | 50.13 | |||
| Expected Short fall | (5.79) |
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
When determining whether Graphjet Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Graphjet Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Graphjet Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Graphjet Technology Stock:Check out Historical Fundamental Analysis of Graphjet Technology to cross-verify your projections. For more detail on how to invest in Graphjet Stock please use our How to Invest in Graphjet Technology guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Graphjet Technology. If investors know Graphjet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Graphjet Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Return On Assets (1.38) |
The market value of Graphjet Technology is measured differently than its book value, which is the value of Graphjet that is recorded on the company's balance sheet. Investors also form their own opinion of Graphjet Technology's value that differs from its market value or its book value, called intrinsic value, which is Graphjet Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Graphjet Technology's market value can be influenced by many factors that don't directly affect Graphjet Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Graphjet Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graphjet Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graphjet Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.