Pineapple Financial Stock Forecast - Naive Prediction

PAPL Stock   0.48  0.01  2.24%   
The Naive Prediction forecasted value of Pineapple Financial on the next trading day is expected to be 0.54 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.39. Pineapple Stock Forecast is based on your current time horizon. Although Pineapple Financial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Pineapple Financial's systematic risk associated with finding meaningful patterns of Pineapple Financial fundamentals over time.
  
At this time, Pineapple Financial's Inventory Turnover is quite stable compared to the past year. Payables Turnover is expected to rise to 5.34 this year, although the value of Receivables Turnover will most likely fall to 3.60. . The value of Common Stock Shares Outstanding is expected to slide to about 5.8 M.

Pineapple Financial Cash Forecast

To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the Pineapple Financial's financial statements, predicting their influence on future market prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
648.3 K
Current Value
615.9 K
Quarterly Volatility
1.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Pineapple Financial is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Pineapple Financial 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.

Pineapple Financial Naive Prediction Price Forecast For the 13th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of Pineapple Financial on the next trading day is expected to be 0.54 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 1.39.
Please note that although there have been many attempts to predict Pineapple 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 Pineapple Financial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pineapple Financial Stock Forecast Pattern

Backtest Pineapple FinancialPineapple Financial Price PredictionBuy or Sell Advice 

Pineapple Financial Forecasted Value

In the context of forecasting Pineapple Financial'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. Pineapple Financial's downside and upside margins for the forecasting period are 0 and 6.32, respectively. We have considered Pineapple Financial'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
0.48
0.54
Expected Value
6.32
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 Pineapple Financial stock data series using in forecasting. Note that when a statistical model is used to represent Pineapple Financial 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 Criteria111.3929
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0227
MAPEMean absolute percentage error0.0386
SAESum of the absolute errors1.3873
This model is not at all useful as a medium-long range forecasting tool of Pineapple Financial. 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 Pineapple Financial. 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 Pineapple Financial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pineapple Financial. 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
0.020.456.23
Details
Intrinsic
Valuation
LowRealHigh
0.091.737.51
Details
1 Analysts
Consensus
LowTargetHigh
5.015.506.11
Details

Other Forecasting Options for Pineapple Financial

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

Pineapple Financial 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 Pineapple Financial stock to make a market-neutral strategy. Peer analysis of Pineapple Financial could also be used in its relative valuation, which is a method of valuing Pineapple Financial by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Pineapple Financial 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 Pineapple Financial'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 Pineapple Financial's current price.

Pineapple Financial Market Strength Events

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

Pineapple Financial Risk Indicators

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Pineapple Financial is a strong investment it is important to analyze Pineapple Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pineapple Financial's future performance. For an informed investment choice regarding Pineapple Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Pineapple Financial to cross-verify your projections.
For more information on how to buy Pineapple Stock please use our How to buy in Pineapple Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Regional 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 Pineapple Financial. If investors know Pineapple 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 Pineapple Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.41)
Revenue Per Share
0.364
Quarterly Revenue Growth
0.221
Return On Assets
(0.47)
Return On Equity
(1.36)
The market value of Pineapple Financial is measured differently than its book value, which is the value of Pineapple that is recorded on the company's balance sheet. Investors also form their own opinion of Pineapple Financial's value that differs from its market value or its book value, called intrinsic value, which is Pineapple Financial'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 Pineapple Financial's market value can be influenced by many factors that don't directly affect Pineapple Financial'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 Pineapple Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pineapple Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pineapple Financial'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.