Beijing Mainstreets Stock Forecast - 4 Period Moving Average

000609 Stock   2.47  0.05  1.98%   
The 4 Period Moving Average forecasted value of Beijing Mainstreets Investment on the next trading day is expected to be 2.47 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.19. Beijing Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Beijing Mainstreets stock prices and determine the direction of Beijing Mainstreets Investment's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Beijing Mainstreets' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Beijing Mainstreets' Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 51.7 M, whereas Total Assets are forecasted to decline to about 1.8 B.
A four-period moving average forecast model for Beijing Mainstreets Investment is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Beijing Mainstreets 4 Period Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the 4 Period Moving Average forecasted value of Beijing Mainstreets Investment on the next trading day is expected to be 2.47 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.19.
Please note that although there have been many attempts to predict Beijing 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 Beijing Mainstreets' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Beijing Mainstreets Stock Forecast Pattern

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Beijing Mainstreets Forecasted Value

In the context of forecasting Beijing Mainstreets' 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. Beijing Mainstreets' downside and upside margins for the forecasting period are 0.02 and 5.95, respectively. We have considered Beijing Mainstreets' 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
2.47
2.47
Expected Value
5.95
Upside

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 Beijing Mainstreets stock data series using in forecasting. Note that when a statistical model is used to represent Beijing Mainstreets 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 Criteria108.3762
BiasArithmetic mean of the errors -0.0229
MADMean absolute deviation0.0894
MAPEMean absolute percentage error0.0393
SAESum of the absolute errors5.1875
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Beijing Mainstreets. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Beijing Mainstreets Investment and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Beijing Mainstreets

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Beijing Mainstreets. 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.
Hype
Prediction
LowEstimatedHigh
0.122.475.92
Details
Intrinsic
Valuation
LowRealHigh
0.102.025.47
Details

Other Forecasting Options for Beijing Mainstreets

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

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

Beijing Mainstreets 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 Beijing Mainstreets' 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 Beijing Mainstreets' current price.

Beijing Mainstreets Market Strength Events

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

Beijing Mainstreets Risk Indicators

The analysis of Beijing Mainstreets' 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 Beijing Mainstreets' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting beijing 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.

Other Information on Investing in Beijing Stock

Beijing Mainstreets financial ratios help investors to determine whether Beijing Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Beijing with respect to the benefits of owning Beijing Mainstreets security.