AGAPE GLOBAL Stock Forecast - Naive Prediction

DCPL Stock   1.35  0.00  0.00%   
The Naive Prediction forecasted value of AGAPE GLOBAL INVESTMENTS on the next trading day is expected to be 1.35 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Investors can use prediction functions to forecast AGAPE GLOBAL's stock prices and determine the direction of AGAPE GLOBAL INVESTMENTS's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of AGAPE GLOBAL's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Investing Opportunities 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 board of governors.
  
A naive forecasting model for AGAPE GLOBAL is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of AGAPE GLOBAL INVESTMENTS value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

AGAPE GLOBAL Naive Prediction Price Forecast For the 16th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of AGAPE GLOBAL INVESTMENTS on the next trading day is expected to be 1.35 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict AGAPE 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 AGAPE GLOBAL's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

AGAPE GLOBAL Stock Forecast Pattern

AGAPE GLOBAL Forecasted Value

In the context of forecasting AGAPE GLOBAL'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. AGAPE GLOBAL's downside and upside margins for the forecasting period are 1.35 and 1.35, respectively. We have considered AGAPE GLOBAL'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
1.35
1.35
Expected Value
1.35
Upside

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 AGAPE GLOBAL stock data series using in forecasting. Note that when a statistical model is used to represent AGAPE GLOBAL 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 Criteria49.0662
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of AGAPE GLOBAL INVESTMENTS. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict AGAPE GLOBAL. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for AGAPE GLOBAL

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AGAPE GLOBAL INVESTMENTS. 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 AGAPE GLOBAL

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

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

AGAPE GLOBAL INVESTMENTS 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 AGAPE GLOBAL'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 AGAPE GLOBAL's current price.

AGAPE GLOBAL Market Strength Events

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

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