Full Truck Stock Forecast - 4 Period Moving Average
| YMM Stock | USD 10.01 0.04 0.40% |
The 4 Period Moving Average forecasted value of Full Truck Alliance on the next trading day is expected to be 9.98 with a mean absolute deviation of 0.29 and the sum of the absolute errors of 16.42. Full Stock Forecast is based on your current time horizon. Although Full Truck's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Full Truck's systematic risk associated with finding meaningful patterns of Full Truck fundamentals over time.
Full |
Full Truck 4 Period Moving Average Price Forecast For the 2nd of December
Given 90 days horizon, the 4 Period Moving Average forecasted value of Full Truck Alliance on the next trading day is expected to be 9.98 with a mean absolute deviation of 0.29, mean absolute percentage error of 0.16, and the sum of the absolute errors of 16.42.Please note that although there have been many attempts to predict Full 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 Full Truck's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Full Truck Stock Forecast Pattern
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Full Truck Forecasted Value
In the context of forecasting Full Truck'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. Full Truck's downside and upside margins for the forecasting period are 6.62 and 13.35, respectively. We have considered Full Truck'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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Full Truck stock data series using in forecasting. Note that when a statistical model is used to represent Full Truck 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 | 108.9509 |
| Bias | Arithmetic mean of the errors | -0.1235 |
| MAD | Mean absolute deviation | 0.2881 |
| MAPE | Mean absolute percentage error | 0.0318 |
| SAE | Sum of the absolute errors | 16.42 |
Predictive Modules for Full Truck
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Full Truck Alliance. 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.Other Forecasting Options for Full Truck
For every potential investor in Full, whether a beginner or expert, Full Truck's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Full Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Full. Basic forecasting techniques help filter out the noise by identifying Full Truck's price trends.View Full Truck Related Equities
| Risk & Return | Correlation |
Full Truck Alliance 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 Full Truck'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 Full Truck's current price.| Cycle Indicators | ||
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Full Truck Market Strength Events
Market strength indicators help investors to evaluate how Full Truck stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Full Truck shares will generate the highest return on investment. By undertsting and applying Full Truck stock market strength indicators, traders can identify Full Truck Alliance entry and exit signals to maximize returns.
Full Truck Risk Indicators
The analysis of Full Truck'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 Full Truck's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting full 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 | 2.28 | |||
| Semi Deviation | 1.84 | |||
| Standard Deviation | 3.34 | |||
| Variance | 11.13 | |||
| Downside Variance | 4.78 | |||
| Semi Variance | 3.39 | |||
| Expected Short fall | (2.94) |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Full Truck to cross-verify your projections. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Application Software 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 Full Truck. If investors know Full 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 Full Truck listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.384 | Earnings Share 0.39 | Revenue Per Share 9.282 | Quarterly Revenue Growth 0.341 | Return On Assets 0.0232 |
The market value of Full Truck Alliance is measured differently than its book value, which is the value of Full that is recorded on the company's balance sheet. Investors also form their own opinion of Full Truck's value that differs from its market value or its book value, called intrinsic value, which is Full Truck'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 Full Truck's market value can be influenced by many factors that don't directly affect Full Truck'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 Full Truck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Full Truck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Full Truck'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.