Sichuan Teway Stock Forecast - 20 Period Moving Average

603317 Stock   13.61  0.24  1.73%   
The 20 Period Moving Average forecasted value of Sichuan Teway Food on the next trading day is expected to be 14.41 with a mean absolute deviation of 1.59 and the sum of the absolute errors of 66.80. Sichuan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sichuan Teway stock prices and determine the direction of Sichuan Teway Food's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sichuan Teway's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Sichuan Teway's Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 904.4 M, whereas Total Assets are forecasted to decline to about 3.4 B.
A commonly used 20-period moving average forecast model for Sichuan Teway Food is based on a synthetically constructed Sichuan Tewaydaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Sichuan Teway 20 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of Sichuan Teway Food on the next trading day is expected to be 14.41 with a mean absolute deviation of 1.59, mean absolute percentage error of 3.29, and the sum of the absolute errors of 66.80.
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 Teway's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sichuan Teway Stock Forecast Pattern

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Sichuan Teway Forecasted Value

In the context of forecasting Sichuan Teway'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 Teway's downside and upside margins for the forecasting period are 11.08 and 17.74, respectively. We have considered Sichuan Teway'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
13.61
14.41
Expected Value
17.74
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Sichuan Teway stock data series using in forecasting. Note that when a statistical model is used to represent Sichuan Teway 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 Criteria84.3817
BiasArithmetic mean of the errors -1.2764
MADMean absolute deviation1.5905
MAPEMean absolute percentage error0.1192
SAESum of the absolute errors66.803
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. Sichuan Teway Food 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Sichuan Teway

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 Teway Food. 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
10.8314.1617.49
Details
Intrinsic
Valuation
LowRealHigh
11.9815.3118.64
Details
Bollinger
Band Projection (param)
LowMiddleHigh
13.0714.3715.67
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Other Forecasting Options for Sichuan Teway

For every potential investor in Sichuan, whether a beginner or expert, Sichuan Teway'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 Teway's price trends.

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

Sichuan Teway Food 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 Teway'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 Teway's current price.

Sichuan Teway Market Strength Events

Market strength indicators help investors to evaluate how Sichuan Teway 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 Teway shares will generate the highest return on investment. By undertsting and applying Sichuan Teway stock market strength indicators, traders can identify Sichuan Teway Food entry and exit signals to maximize returns.

Sichuan Teway Risk Indicators

The analysis of Sichuan Teway'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 Teway'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.

Currently Active Assets on Macroaxis

Other Information on Investing in Sichuan Stock

Sichuan Teway 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 Teway security.