Yibin Tianyuan Stock Forecast - Naive Prediction

002386 Stock   4.86  0.06  1.25%   
The Naive Prediction forecasted value of Yibin Tianyuan Group on the next trading day is expected to be 4.71 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 6.36. Yibin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Yibin Tianyuan stock prices and determine the direction of Yibin Tianyuan Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Yibin Tianyuan's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Yibin Tianyuan's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 3.6 B, whereas Total Assets are forecasted to decline to about 13.5 B.
A naive forecasting model for Yibin Tianyuan is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Yibin Tianyuan Group 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.

Yibin Tianyuan Naive Prediction Price Forecast For the 12th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of Yibin Tianyuan Group on the next trading day is expected to be 4.71 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.36.
Please note that although there have been many attempts to predict Yibin 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 Yibin Tianyuan's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Yibin Tianyuan Stock Forecast Pattern

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Yibin Tianyuan Forecasted Value

In the context of forecasting Yibin Tianyuan'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. Yibin Tianyuan's downside and upside margins for the forecasting period are 1.94 and 7.49, respectively. We have considered Yibin Tianyuan'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
4.86
4.71
Expected Value
7.49
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 Yibin Tianyuan stock data series using in forecasting. Note that when a statistical model is used to represent Yibin Tianyuan 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 Criteria114.2274
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1043
MAPEMean absolute percentage error0.0239
SAESum of the absolute errors6.365
This model is not at all useful as a medium-long range forecasting tool of Yibin Tianyuan Group. 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 Yibin Tianyuan. 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 Yibin Tianyuan

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yibin Tianyuan 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.
Hype
Prediction
LowEstimatedHigh
2.094.867.63
Details
Intrinsic
Valuation
LowRealHigh
1.073.846.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Yibin Tianyuan. Your research has to be compared to or analyzed against Yibin Tianyuan's peers to derive any actionable benefits. When done correctly, Yibin Tianyuan's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Yibin Tianyuan Group.

Other Forecasting Options for Yibin Tianyuan

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

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

Yibin Tianyuan 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 Yibin Tianyuan'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 Yibin Tianyuan's current price.

Yibin Tianyuan Market Strength Events

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

Yibin Tianyuan Risk Indicators

The analysis of Yibin Tianyuan'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 Yibin Tianyuan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yibin 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 Yibin Stock

Yibin Tianyuan financial ratios help investors to determine whether Yibin 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 Yibin with respect to the benefits of owning Yibin Tianyuan security.