Chaoda Modern Stock Forecast - 20 Period Moving Average
| CHA Stock | EUR 0.02 0.00 0.00% |
The 20 Period Moving Average forecasted value of Chaoda Modern Agriculture on the next trading day is expected to be 0.02 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.07. Chaoda Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Chaoda Modern's historical fundamentals, such as revenue growth or operating cash flow patterns.
Chaoda |
Chaoda Modern 20 Period Moving Average Price Forecast For the 27th of December
Given 90 days horizon, the 20 Period Moving Average forecasted value of Chaoda Modern Agriculture on the next trading day is expected to be 0.02 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000894, and the sum of the absolute errors of 0.07.Please note that although there have been many attempts to predict Chaoda 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 Chaoda Modern's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Chaoda Modern Stock Forecast Pattern
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Chaoda Modern Forecasted Value
In the context of forecasting Chaoda Modern'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. Chaoda Modern's downside and upside margins for the forecasting period are 0.0002 and 21.18, respectively. We have considered Chaoda Modern'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Chaoda Modern stock data series using in forecasting. Note that when a statistical model is used to represent Chaoda Modern 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 | 69.7279 |
| Bias | Arithmetic mean of the errors | 4.0E-4 |
| MAD | Mean absolute deviation | 0.0018 |
| MAPE | Mean absolute percentage error | 0.1226 |
| SAE | Sum of the absolute errors | 0.072 |
Predictive Modules for Chaoda Modern
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chaoda Modern Agriculture. 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 Chaoda Modern
For every potential investor in Chaoda, whether a beginner or expert, Chaoda Modern's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Chaoda Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Chaoda. Basic forecasting techniques help filter out the noise by identifying Chaoda Modern's price trends.Chaoda Modern 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 Chaoda Modern stock to make a market-neutral strategy. Peer analysis of Chaoda Modern could also be used in its relative valuation, which is a method of valuing Chaoda Modern by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Chaoda Modern Agriculture 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 Chaoda Modern'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 Chaoda Modern's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Chaoda Modern Market Strength Events
Market strength indicators help investors to evaluate how Chaoda Modern stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chaoda Modern shares will generate the highest return on investment. By undertsting and applying Chaoda Modern stock market strength indicators, traders can identify Chaoda Modern Agriculture entry and exit signals to maximize returns.
Chaoda Modern Risk Indicators
The analysis of Chaoda Modern'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 Chaoda Modern's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chaoda 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 | 7.0 | |||
| Standard Deviation | 20.92 | |||
| Variance | 437.45 |
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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Other Information on Investing in Chaoda Stock
Chaoda Modern financial ratios help investors to determine whether Chaoda 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 Chaoda with respect to the benefits of owning Chaoda Modern security.