Nisun International Stock Forecast - Naive Prediction
| NISN Stock | USD 6.08 0.05 0.82% |
The Naive Prediction forecasted value of Nisun International Enterprise on the next trading day is expected to be 4.89 with a mean absolute deviation of 0.86 and the sum of the absolute errors of 53.17. Nisun Stock Forecast is based on your current time horizon. Although Nisun International's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Nisun International's systematic risk associated with finding meaningful patterns of Nisun International fundamentals over time.
Nisun |
Nisun International Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Nisun International's financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 2014-12-31 | Previous Quarter 114.7 M | Current Value 47.9 M | Quarterly Volatility 46.3 M |
Nisun International Naive Prediction Price Forecast For the 13th of December 2024
Given 90 days horizon, the Naive Prediction forecasted value of Nisun International Enterprise on the next trading day is expected to be 4.89 with a mean absolute deviation of 0.86, mean absolute percentage error of 1.46, and the sum of the absolute errors of 53.17.Please note that although there have been many attempts to predict Nisun 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 Nisun International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Nisun International Stock Forecast Pattern
| Backtest Nisun International | Nisun International Price Prediction | Buy or Sell Advice |
Nisun International Forecasted Value
In the context of forecasting Nisun International'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. Nisun International's downside and upside margins for the forecasting period are 0.06 and 12.88, respectively. We have considered Nisun International'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Nisun International stock data series using in forecasting. Note that when a statistical model is used to represent Nisun International 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 | 120.3276 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.8575 |
| MAPE | Mean absolute percentage error | 0.0744 |
| SAE | Sum of the absolute errors | 53.1657 |
Predictive Modules for Nisun International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nisun International. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nisun International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Nisun International
For every potential investor in Nisun, whether a beginner or expert, Nisun International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nisun Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nisun. Basic forecasting techniques help filter out the noise by identifying Nisun International's price trends.View Nisun International Related Equities
| Risk & Return | Correlation |
Nisun International 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 Nisun International'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 Nisun International's current price.| Cycle Indicators | ||
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Nisun International Market Strength Events
Market strength indicators help investors to evaluate how Nisun International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nisun International shares will generate the highest return on investment. By undertsting and applying Nisun International stock market strength indicators, traders can identify Nisun International Enterprise entry and exit signals to maximize returns.
| Accumulation Distribution | 15486.75 | |||
| Daily Balance Of Power | (0.07) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 6.06 | |||
| Day Typical Price | 6.06 | |||
| Period Momentum Indicator | (0.05) |
Nisun International Risk Indicators
The analysis of Nisun International'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 Nisun International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nisun 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 | 5.93 | |||
| Standard Deviation | 7.84 | |||
| Variance | 61.43 |
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.
When determining whether Nisun International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nisun International'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 Nisun International Enterprise Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nisun International Enterprise Stock: Check out Historical Fundamental Analysis of Nisun International to cross-verify your projections. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Asset Management & Custody Banks 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 Nisun International. If investors know Nisun 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 Nisun International 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 (0.09) | Earnings Share 4.2 | Revenue Per Share 114.548 | Quarterly Revenue Growth 0.517 | Return On Assets 0.0514 |
The market value of Nisun International is measured differently than its book value, which is the value of Nisun that is recorded on the company's balance sheet. Investors also form their own opinion of Nisun International's value that differs from its market value or its book value, called intrinsic value, which is Nisun International'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 Nisun International's market value can be influenced by many factors that don't directly affect Nisun International'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 Nisun International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nisun International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nisun International'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.