Hydrogen Hybrid Stock Forecast - Naive Prediction

HYHY Stock  USD 0.0001  0.00  0.00%   
The Naive Prediction forecasted value of Hydrogen Hybrid Technologies on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Hydrogen Stock Forecast is based on your current time horizon.
  
Intangible Assets is likely to rise to about 3 M in 2024, whereas Total Assets are likely to drop 1.09 in 2024.
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Hydrogen Hybrid's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
0.9
Current Value
0.86
Quarterly Volatility
265.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Hydrogen Hybrid is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Hydrogen Hybrid Technologies 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.

Hydrogen Hybrid Naive Prediction Price Forecast For the 12th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of Hydrogen Hybrid Technologies on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Hydrogen 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 Hydrogen Hybrid's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Hydrogen Hybrid Stock Forecast Pattern

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Hydrogen Hybrid Forecasted Value

In the context of forecasting Hydrogen Hybrid'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. Hydrogen Hybrid's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Hydrogen Hybrid'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
0.0001
0.0001
Downside
0.0001
Expected Value
0.0001
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 Hydrogen Hybrid stock data series using in forecasting. Note that when a statistical model is used to represent Hydrogen Hybrid 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 Criteria30.385
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of Hydrogen Hybrid Technologies. 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 Hydrogen Hybrid. 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 Hydrogen Hybrid

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hydrogen Hybrid Tech. 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
0.000.00010.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.0000840.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00010.00010.0001
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hydrogen Hybrid. Your research has to be compared to or analyzed against Hydrogen Hybrid's peers to derive any actionable benefits. When done correctly, Hydrogen Hybrid'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 Hydrogen Hybrid Tech.

Other Forecasting Options for Hydrogen Hybrid

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

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 Risk & Return  Correlation

Hydrogen Hybrid Tech 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 Hydrogen Hybrid'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 Hydrogen Hybrid's current price.

Hydrogen Hybrid Market Strength Events

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

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Hydrogen Stock Analysis

When running Hydrogen Hybrid's price analysis, check to measure Hydrogen Hybrid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hydrogen Hybrid is operating at the current time. Most of Hydrogen Hybrid's value examination focuses on studying past and present price action to predict the probability of Hydrogen Hybrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hydrogen Hybrid's price. Additionally, you may evaluate how the addition of Hydrogen Hybrid to your portfolios can decrease your overall portfolio volatility.