Huizhou Desay Stock Forecast - Simple Regression

002920 Stock   112.75  1.13  0.99%   
The Simple Regression forecasted value of Huizhou Desay SV on the next trading day is expected to be 125.08 with a mean absolute deviation of 7.02 and the sum of the absolute errors of 428.15. Huizhou Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Huizhou Desay stock prices and determine the direction of Huizhou Desay SV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Huizhou Desay's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Huizhou Desay's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 4.2 B, whereas Accounts Payable is forecasted to decline to about 2.1 B.
Simple Regression model is a single variable regression model that attempts to put a straight line through Huizhou Desay 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.

Huizhou Desay Simple Regression Price Forecast For the 23rd of December

Given 90 days horizon, the Simple Regression forecasted value of Huizhou Desay SV on the next trading day is expected to be 125.08 with a mean absolute deviation of 7.02, mean absolute percentage error of 80.42, and the sum of the absolute errors of 428.15.
Please note that although there have been many attempts to predict Huizhou 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 Huizhou Desay's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Huizhou Desay Stock Forecast Pattern

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Huizhou Desay Forecasted Value

In the context of forecasting Huizhou Desay'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. Huizhou Desay's downside and upside margins for the forecasting period are 121.62 and 128.55, respectively. We have considered Huizhou Desay'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
112.75
121.62
Downside
125.08
Expected Value
128.55
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 Huizhou Desay stock data series using in forecasting. Note that when a statistical model is used to represent Huizhou Desay 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 Criteria122.4977
BiasArithmetic mean of the errors None
MADMean absolute deviation7.0189
MAPEMean absolute percentage error0.0592
SAESum of the absolute errors428.1504
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 Huizhou Desay SV 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 Huizhou Desay

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Huizhou Desay SV. 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
109.28112.75116.22
Details
Intrinsic
Valuation
LowRealHigh
85.6089.07124.03
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.920.981.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Huizhou Desay. Your research has to be compared to or analyzed against Huizhou Desay's peers to derive any actionable benefits. When done correctly, Huizhou Desay'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 Huizhou Desay SV.

Other Forecasting Options for Huizhou Desay

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

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

Huizhou Desay SV 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 Huizhou Desay'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 Huizhou Desay's current price.

Huizhou Desay Market Strength Events

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

Huizhou Desay Risk Indicators

The analysis of Huizhou Desay'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 Huizhou Desay's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting huizhou 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 Huizhou Stock

Huizhou Desay financial ratios help investors to determine whether Huizhou 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 Huizhou with respect to the benefits of owning Huizhou Desay security.