Farmmi Stock Forecast - Naive Prediction

FAMI Stock  USD 0.29  0.03  11.54%   
The Naive Prediction forecasted value of Farmmi Inc on the next trading day is expected to be 0.33 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.11. Farmmi Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Farmmi's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Farmmi's Inventory Turnover is increasing as compared to previous years. The Farmmi's current Asset Turnover is estimated to increase to 1.14, while Payables Turnover is projected to decrease to 82.03. . The Farmmi's current Common Stock Shares Outstanding is estimated to increase to about 10.2 M, while Net Income Applicable To Common Shares is projected to decrease to under 1.5 M.

Farmmi Cash Forecast

Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Farmmi's financial statements, enabling forecasts of their impact on future stock prices.
 
Cash  
First Reported
2015-09-30
Previous Quarter
12.8 M
Current Value
1.1 M
Quarterly Volatility
21.6 M
 
Yuan Drop
 
Covid
A naive forecasting model for Farmmi is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Farmmi Inc value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Farmmi Naive Prediction Price Forecast For the 3rd of December

Given 90 days horizon, the Naive Prediction forecasted value of Farmmi Inc on the next trading day is expected to be 0.33 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0008, and the sum of the absolute errors of 1.11.
Please note that although there have been many attempts to predict Farmmi 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 Farmmi's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Farmmi Stock Forecast Pattern

Backtest FarmmiFarmmi Price PredictionBuy or Sell Advice 

Farmmi Forecasted Value

In the context of forecasting Farmmi'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. Farmmi's downside and upside margins for the forecasting period are 0 and 8.25, respectively. We have considered Farmmi'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
0.29
0.33
Expected Value
8.25
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Farmmi stock data series using in forecasting. Note that when a statistical model is used to represent Farmmi 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 Criteria110.9434
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0183
MAPEMean absolute percentage error0.0597
SAESum of the absolute errors1.1136
This model is not at all useful as a medium-long range forecasting tool of Farmmi Inc. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Farmmi. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Farmmi

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Farmmi Inc. 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
0.020.328.24
Details
Intrinsic
Valuation
LowRealHigh
0.010.278.19
Details

Other Forecasting Options for Farmmi

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

View Farmmi Related Equities

 Risk & Return  Correlation

Farmmi Inc 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 Farmmi'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 Farmmi's current price.

Farmmi Market Strength Events

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

Farmmi Risk Indicators

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

When determining whether Farmmi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Farmmi's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Farmmi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Farmmi Inc Stock:
Check out Historical Fundamental Analysis of Farmmi to cross-verify your projections.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Packaged Foods & Meats 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 Farmmi. If investors know Farmmi 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 Farmmi listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Earnings Share
2.12
Revenue Per Share
16.275
Quarterly Revenue Growth
(0.40)
Return On Assets
0.0083
The market value of Farmmi Inc is measured differently than its book value, which is the value of Farmmi that is recorded on the company's balance sheet. Investors also form their own opinion of Farmmi's value that differs from its market value or its book value, called intrinsic value, which is Farmmi'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 Farmmi's market value can be influenced by many factors that don't directly affect Farmmi'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 Farmmi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Farmmi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Farmmi'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.