HITHINK ROYALFLUSH Stock Forecast - Naive Prediction

300033
  

CNY 77.48  0.69  0.90%   

HITHINK Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast HITHINK ROYALFLUSH historical stock prices and determine the direction of HITHINK ROYALFLUSH's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of HITHINK ROYALFLUSH historical fundamentals such as revenue growth or operating cash flow patterns.
Please continue to Historical Fundamental Analysis of HITHINK ROYALFLUSH to cross-verify your projections.
  
Most investors in HITHINK ROYALFLUSH cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the HITHINK ROYALFLUSH's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets HITHINK ROYALFLUSH's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for HITHINK ROYALFLUSH is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of HITHINK ROYALFLUSH 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.

HITHINK ROYALFLUSH Naive Prediction Price Forecast For the 6th of October

Given 90 days horizon, the Naive Prediction forecasted value of HITHINK ROYALFLUSH on the next trading day is expected to be 76.39 with a mean absolute deviation of 1.37, mean absolute percentage error of 2.85, and the sum of the absolute errors of 83.31.
Please note that although there have been many attempts to predict HITHINK 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 HITHINK ROYALFLUSH's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

HITHINK ROYALFLUSH Stock Forecast Pattern

Backtest HITHINK ROYALFLUSHHITHINK ROYALFLUSH Price PredictionBuy or Sell Advice 

HITHINK ROYALFLUSH Forecasted Value

In the context of forecasting HITHINK ROYALFLUSH'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. HITHINK ROYALFLUSH's downside and upside margins for the forecasting period are 74.46 and 78.32, respectively. We have considered HITHINK ROYALFLUSH'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 77.48
76.39
Expected Value
78.32
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 HITHINK ROYALFLUSH stock data series using in forecasting. Note that when a statistical model is used to represent HITHINK ROYALFLUSH 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 Criteria119.1577
BiasArithmetic mean of the errors None
MADMean absolute deviation1.3657
MAPEMean absolute percentage error0.0158
SAESum of the absolute errors83.3055
This model is not at all useful as a medium-long range forecasting tool of HITHINK ROYALFLUSH. 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 HITHINK ROYALFLUSH. 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 HITHINK ROYALFLUSH

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HITHINK ROYALFLUSH. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of HITHINK ROYALFLUSH'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. Please use the tools below to analyze the current value of HITHINK ROYALFLUSH in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
75.5577.4879.41
Details
Intrinsic
Valuation
LowReal ValueHigh
67.3169.2485.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HITHINK ROYALFLUSH. Your research has to be compared to or analyzed against HITHINK ROYALFLUSH's peers to derive any actionable benefits. When done correctly, HITHINK ROYALFLUSH's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in HITHINK ROYALFLUSH.

Other Forecasting Options for HITHINK ROYALFLUSH

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

HITHINK ROYALFLUSH 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 HITHINK ROYALFLUSH stock to make a market-neutral strategy. Peer analysis of HITHINK ROYALFLUSH could also be used in its relative valuation, which is a method of valuing HITHINK ROYALFLUSH by comparing valuation metrics with similar companies.
FUJIAN BOSS SOFTWAAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanNatural Hlth TrdUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondMaiden Holdings NorthSeagate Technology HldgsVistra Energy CorpExxon Mobil Corp
 Risk & Return  Correlation

HITHINK ROYALFLUSH 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 HITHINK ROYALFLUSH'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 HITHINK ROYALFLUSH's current price.

HITHINK ROYALFLUSH Risk Indicators

The analysis of HITHINK ROYALFLUSH's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in HITHINK ROYALFLUSH's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting HITHINK ROYALFLUSH stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HITHINK ROYALFLUSH in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HITHINK ROYALFLUSH's short interest history, or implied volatility extrapolated from HITHINK ROYALFLUSH options trading.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Please continue to Historical Fundamental Analysis of HITHINK ROYALFLUSH to cross-verify your projections. Note that the HITHINK ROYALFLUSH information on this page should be used as a complementary analysis to other HITHINK ROYALFLUSH's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Tools for HITHINK Stock

When running HITHINK ROYALFLUSH price analysis, check to measure HITHINK ROYALFLUSH'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 HITHINK ROYALFLUSH is operating at the current time. Most of HITHINK ROYALFLUSH's value examination focuses on studying past and present price action to predict the probability of HITHINK ROYALFLUSH's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HITHINK ROYALFLUSH's price. Additionally, you may evaluate how the addition of HITHINK ROYALFLUSH to your portfolios can decrease your overall portfolio volatility.
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