Guangdong Xiongsu Stock Forecast - 8 Period Moving Average

300599 Stock   7.39  0.14  1.93%   
The 8 Period Moving Average forecasted value of Guangdong Xiongsu Technology on the next trading day is expected to be 7.46 with a mean absolute deviation of 0.36 and the sum of the absolute errors of 19.21. Guangdong Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Guangdong Xiongsu stock prices and determine the direction of Guangdong Xiongsu Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Guangdong Xiongsu's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Guangdong Xiongsu's Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 116.1 M, whereas Total Assets are forecasted to decline to about 1.9 B.
An 8-period moving average forecast model for Guangdong Xiongsu is based on an artificially constructed time series of Guangdong Xiongsu daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Guangdong Xiongsu 8 Period Moving Average Price Forecast For the 23rd of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of Guangdong Xiongsu Technology on the next trading day is expected to be 7.46 with a mean absolute deviation of 0.36, mean absolute percentage error of 0.30, and the sum of the absolute errors of 19.21.
Please note that although there have been many attempts to predict Guangdong 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 Guangdong Xiongsu's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Guangdong Xiongsu Stock Forecast Pattern

Backtest Guangdong XiongsuGuangdong Xiongsu Price PredictionBuy or Sell Advice 

Guangdong Xiongsu Forecasted Value

In the context of forecasting Guangdong Xiongsu'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. Guangdong Xiongsu's downside and upside margins for the forecasting period are 2.63 and 12.30, respectively. We have considered Guangdong Xiongsu'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
7.39
7.46
Expected Value
12.30
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Guangdong Xiongsu stock data series using in forecasting. Note that when a statistical model is used to represent Guangdong Xiongsu 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 Criteria102.2123
BiasArithmetic mean of the errors -0.1201
MADMean absolute deviation0.3625
MAPEMean absolute percentage error0.0474
SAESum of the absolute errors19.21
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Guangdong Xiongsu Technology 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Guangdong Xiongsu

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guangdong Xiongsu. 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
2.557.3912.23
Details
Intrinsic
Valuation
LowRealHigh
1.085.9210.76
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Guangdong Xiongsu. Your research has to be compared to or analyzed against Guangdong Xiongsu's peers to derive any actionable benefits. When done correctly, Guangdong Xiongsu'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 Guangdong Xiongsu.

Other Forecasting Options for Guangdong Xiongsu

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

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

Guangdong Xiongsu 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 Guangdong Xiongsu'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 Guangdong Xiongsu's current price.

Guangdong Xiongsu Market Strength Events

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

Guangdong Xiongsu Risk Indicators

The analysis of Guangdong Xiongsu'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 Guangdong Xiongsu's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting guangdong 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 Guangdong Stock

Guangdong Xiongsu financial ratios help investors to determine whether Guangdong 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 Guangdong with respect to the benefits of owning Guangdong Xiongsu security.