Shanghai Zhangjiang Stock Forecast - Simple Moving Average

600895 Stock   28.48  0.66  2.26%   
The Simple Moving Average forecasted value of Shanghai Zhangjiang Hi Tech on the next trading day is expected to be 28.48 with a mean absolute deviation of 1.09 and the sum of the absolute errors of 65.17. Shanghai Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shanghai Zhangjiang stock prices and determine the direction of Shanghai Zhangjiang Hi Tech's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shanghai Zhangjiang's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Shanghai Zhangjiang's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Liabilities is expected to grow to about 1.9 B, whereas Total Stockholder Equity is forecasted to decline to about 6.9 B.
A two period moving average forecast for Shanghai Zhangjiang is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Shanghai Zhangjiang Simple Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of Shanghai Zhangjiang Hi Tech on the next trading day is expected to be 28.48 with a mean absolute deviation of 1.09, mean absolute percentage error of 2.14, and the sum of the absolute errors of 65.17.
Please note that although there have been many attempts to predict Shanghai 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 Shanghai Zhangjiang's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Shanghai Zhangjiang Stock Forecast Pattern

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Shanghai Zhangjiang Forecasted Value

In the context of forecasting Shanghai Zhangjiang'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. Shanghai Zhangjiang's downside and upside margins for the forecasting period are 23.69 and 33.27, respectively. We have considered Shanghai Zhangjiang'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
28.48
28.48
Expected Value
33.27
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Shanghai Zhangjiang stock data series using in forecasting. Note that when a statistical model is used to represent Shanghai Zhangjiang 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 Criteria117.0318
BiasArithmetic mean of the errors -0.2885
MADMean absolute deviation1.0862
MAPEMean absolute percentage error0.0401
SAESum of the absolute errors65.17
The simple moving average model is conceptually a linear regression of the current value of Shanghai Zhangjiang Hi Tech price series against current and previous (unobserved) value of Shanghai Zhangjiang. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Shanghai Zhangjiang

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shanghai Zhangjiang. 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
23.7328.4833.23
Details
Intrinsic
Valuation
LowRealHigh
18.1022.8531.33
Details
Bollinger
Band Projection (param)
LowMiddleHigh
25.9230.2934.67
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shanghai Zhangjiang. Your research has to be compared to or analyzed against Shanghai Zhangjiang's peers to derive any actionable benefits. When done correctly, Shanghai Zhangjiang'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 Shanghai Zhangjiang.

Other Forecasting Options for Shanghai Zhangjiang

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

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

Shanghai Zhangjiang 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 Shanghai Zhangjiang'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 Shanghai Zhangjiang's current price.

Shanghai Zhangjiang Market Strength Events

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

Shanghai Zhangjiang Risk Indicators

The analysis of Shanghai Zhangjiang'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 Shanghai Zhangjiang's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shanghai 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

Shanghai Zhangjiang financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Zhangjiang security.