Sichuan Tianqi Stock Forecast - Simple Regression

002466 Stock   34.84  0.36  1.04%   
The Simple Regression forecasted value of Sichuan Tianqi Lithium on the next trading day is expected to be 39.19 with a mean absolute deviation of 2.25 and the sum of the absolute errors of 137.42. Sichuan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sichuan Tianqi stock prices and determine the direction of Sichuan Tianqi Lithium's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sichuan Tianqi's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Sichuan Tianqi's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 54.1 B, whereas Other Current Liabilities is forecasted to decline to about 38.4 M.
Simple Regression model is a single variable regression model that attempts to put a straight line through Sichuan Tianqi price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Sichuan Tianqi Simple Regression Price Forecast For the 23rd of December

Given 90 days horizon, the Simple Regression forecasted value of Sichuan Tianqi Lithium on the next trading day is expected to be 39.19 with a mean absolute deviation of 2.25, mean absolute percentage error of 8.63, and the sum of the absolute errors of 137.42.
Please note that although there have been many attempts to predict Sichuan 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 Sichuan Tianqi's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sichuan Tianqi Stock Forecast Pattern

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Sichuan Tianqi Forecasted Value

In the context of forecasting Sichuan Tianqi'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. Sichuan Tianqi's downside and upside margins for the forecasting period are 35.05 and 43.33, respectively. We have considered Sichuan Tianqi'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
34.84
39.19
Expected Value
43.33
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Sichuan Tianqi stock data series using in forecasting. Note that when a statistical model is used to represent Sichuan Tianqi 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 Criteria120.2661
BiasArithmetic mean of the errors None
MADMean absolute deviation2.2527
MAPEMean absolute percentage error0.0644
SAESum of the absolute errors137.4164
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Sichuan Tianqi Lithium historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Sichuan Tianqi

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sichuan Tianqi Lithium. 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
30.9435.0839.22
Details
Intrinsic
Valuation
LowRealHigh
24.7728.9138.32
Details
Bollinger
Band Projection (param)
LowMiddleHigh
33.6836.1838.67
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.180.421.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sichuan Tianqi. Your research has to be compared to or analyzed against Sichuan Tianqi's peers to derive any actionable benefits. When done correctly, Sichuan Tianqi'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 Sichuan Tianqi Lithium.

Other Forecasting Options for Sichuan Tianqi

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

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

Sichuan Tianqi Lithium 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 Sichuan Tianqi'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 Sichuan Tianqi's current price.

Sichuan Tianqi Market Strength Events

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

Sichuan Tianqi Risk Indicators

The analysis of Sichuan Tianqi'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 Sichuan Tianqi's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sichuan 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 Sichuan Stock

Sichuan Tianqi financial ratios help investors to determine whether Sichuan 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 Sichuan with respect to the benefits of owning Sichuan Tianqi security.