Blink Charging Stock Forecast - 4 Period Moving Average
| BLNK Stock | USD 1.66 0.00 0.00% |
The 4 Period Moving Average forecasted value of Blink Charging Co on the next trading day is expected to be 1.70 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.28. Blink Stock Forecast is based on your current time horizon. Although Blink Charging's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Blink Charging's systematic risk associated with finding meaningful patterns of Blink Charging fundamentals over time.
Blink |
Blink Charging 4 Period Moving Average Price Forecast For the 13th of December 2024
Given 90 days horizon, the 4 Period Moving Average forecasted value of Blink Charging Co on the next trading day is expected to be 1.70 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.28.Please note that although there have been many attempts to predict Blink 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 Blink Charging's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Blink Charging Stock Forecast Pattern
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Blink Charging Forecasted Value
In the context of forecasting Blink Charging'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. Blink Charging's downside and upside margins for the forecasting period are 0.02 and 6.62, respectively. We have considered Blink Charging'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Blink Charging stock data series using in forecasting. Note that when a statistical model is used to represent Blink Charging 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.| AIC | Akaike Information Criteria | 106.1794 |
| Bias | Arithmetic mean of the errors | 0.0028 |
| MAD | Mean absolute deviation | 0.075 |
| MAPE | Mean absolute percentage error | 0.0409 |
| SAE | Sum of the absolute errors | 4.2763 |
Predictive Modules for Blink Charging
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blink Charging. 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.Other Forecasting Options for Blink Charging
For every potential investor in Blink, whether a beginner or expert, Blink Charging's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Blink Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Blink. Basic forecasting techniques help filter out the noise by identifying Blink Charging's price trends.Blink Charging 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 Blink Charging stock to make a market-neutral strategy. Peer analysis of Blink Charging could also be used in its relative valuation, which is a method of valuing Blink Charging by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Blink Charging 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 Blink Charging'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 Blink Charging's current price.| Cycle Indicators | ||
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| Volume Indicators |
Blink Charging Market Strength Events
Market strength indicators help investors to evaluate how Blink Charging stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blink Charging shares will generate the highest return on investment. By undertsting and applying Blink Charging stock market strength indicators, traders can identify Blink Charging Co entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0829 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.74 | |||
| Day Typical Price | 1.71 | |||
| Market Facilitation Index | 0.15 | |||
| Price Action Indicator | (0.07) |
Blink Charging Risk Indicators
The analysis of Blink Charging'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 Blink Charging's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting blink 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.
| Mean Deviation | 3.77 | |||
| Semi Deviation | 4.61 | |||
| Standard Deviation | 5.01 | |||
| Variance | 25.07 | |||
| Downside Variance | 25.93 | |||
| Semi Variance | 21.23 | |||
| Expected Short fall | (4.39) |
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.
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Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blink Charging. If investors know Blink will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blink Charging listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.43) | Revenue Per Share 1.488 | Quarterly Revenue Growth (0.42) | Return On Assets (0.13) | Return On Equity (0.70) |
The market value of Blink Charging is measured differently than its book value, which is the value of Blink that is recorded on the company's balance sheet. Investors also form their own opinion of Blink Charging's value that differs from its market value or its book value, called intrinsic value, which is Blink Charging's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blink Charging's market value can be influenced by many factors that don't directly affect Blink Charging's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blink Charging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blink Charging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blink Charging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.