Harbor Custom Stock Forecast - Naive Prediction
| HCDIDelisted Stock | USD 2.68 0.07 2.68% |
The Naive Prediction forecasted value of Harbor Custom Development on the next trading day is expected to be 3.59 with a mean absolute deviation of 0.50 and the sum of the absolute errors of 30.36. Harbor Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Harbor Custom's historical fundamentals, such as revenue growth or operating cash flow patterns.
Harbor |
Harbor Custom Naive Prediction Price Forecast For the 12th of December 2024
Given 90 days horizon, the Naive Prediction forecasted value of Harbor Custom Development on the next trading day is expected to be 3.59 with a mean absolute deviation of 0.50, mean absolute percentage error of 0.55, and the sum of the absolute errors of 30.36.Please note that although there have been many attempts to predict Harbor 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 Harbor Custom's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Harbor Custom Stock Forecast Pattern
| Backtest Harbor Custom | Harbor Custom Price Prediction | Buy or Sell Advice |
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 Harbor Custom stock data series using in forecasting. Note that when a statistical model is used to represent Harbor Custom 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 | 117.5084 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4978 |
| MAPE | Mean absolute percentage error | 0.1133 |
| SAE | Sum of the absolute errors | 30.3642 |
Predictive Modules for Harbor Custom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Harbor Custom Development. 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 Harbor Custom'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.
Harbor Custom 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 Harbor Custom stock to make a market-neutral strategy. Peer analysis of Harbor Custom could also be used in its relative valuation, which is a method of valuing Harbor Custom by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Harbor Custom Market Strength Events
Market strength indicators help investors to evaluate how Harbor Custom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Harbor Custom shares will generate the highest return on investment. By undertsting and applying Harbor Custom stock market strength indicators, traders can identify Harbor Custom Development entry and exit signals to maximize returns.
Harbor Custom Risk Indicators
The analysis of Harbor Custom'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 Harbor Custom's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting harbor 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 | 7.33 | |||
| Semi Deviation | 8.4 | |||
| Standard Deviation | 16.61 | |||
| Variance | 276.03 | |||
| Downside Variance | 74.48 | |||
| Semi Variance | 70.58 | |||
| Expected Short fall | (9.95) |
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
Check out Risk vs Return Analysis 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 unemployment. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in Harbor Stock
If you are still planning to invest in Harbor Custom Development check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Harbor Custom's history and understand the potential risks before investing.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |