Ming Shing Stock Forecast - 8 Period Moving Average

MSW Stock  USD 4.17  0.17  3.92%   
The 8 Period Moving Average forecasted value of Ming Shing Group on the next trading day is expected to be 5.03 with a mean absolute deviation of 0.58 and the sum of the absolute errors of 7.53. Ming Stock Forecast is based on your current time horizon.
  
At this time, Ming Shing's Property Plant And Equipment Net is fairly stable compared to the past year. Cash is likely to climb to about 1.1 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 5.2 M in 2024.
An 8-period moving average forecast model for Ming Shing is based on an artificially constructed time series of Ming Shing daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Ming Shing 8 Period Moving Average Price Forecast For the 24th of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of Ming Shing Group on the next trading day is expected to be 5.03 with a mean absolute deviation of 0.58, mean absolute percentage error of 0.53, and the sum of the absolute errors of 7.53.
Please note that although there have been many attempts to predict Ming 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 Ming Shing's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ming Shing Stock Forecast Pattern

Backtest Ming ShingMing Shing Price PredictionBuy or Sell Advice 

Ming Shing Forecasted Value

In the context of forecasting Ming Shing'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. Ming Shing's downside and upside margins for the forecasting period are 0.04 and 14.12, respectively. We have considered Ming Shing'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
4.17
5.03
Expected Value
14.12
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Ming Shing stock data series using in forecasting. Note that when a statistical model is used to represent Ming Shing 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 Criteria29.2601
BiasArithmetic mean of the errors 0.5788
MADMean absolute deviation0.5788
MAPEMean absolute percentage error0.1215
SAESum of the absolute errors7.525
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. Ming Shing Group 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Ming Shing

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ming Shing Group. 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 Ming Shing'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.
Hype
Prediction
LowEstimatedHigh
0.275.3514.44
Details
Intrinsic
Valuation
LowRealHigh
0.204.0013.09
Details

Other Forecasting Options for Ming Shing

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

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

Ming Shing Group 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 Ming Shing'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 Ming Shing's current price.

Ming Shing Market Strength Events

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

Ming Shing Risk Indicators

The analysis of Ming Shing'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 Ming Shing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ming 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 Ming Stock Analysis

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