Emerson Radio Stock Forecast - Naive Prediction

MSN
 Stock
  

USD 0.56  0.0095  1.67%   

Emerson Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Emerson Radio historical stock prices and determine the direction of Emerson Radio'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 Emerson Radio historical fundamentals such as revenue growth or operating cash flow patterns.
Additionally, see Historical Fundamental Analysis of Emerson Radio to cross-verify your projections.
  
Most investors in Emerson Radio 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 Emerson Radio's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Emerson Radio's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Emerson Radio is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Emerson Radio 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.

Emerson Radio Naive Prediction Price Forecast For the 2nd of December

Given 90 days horizon, the Naive Prediction forecasted value of Emerson Radio on the next trading day is expected to be 0.58 with a mean absolute deviation of 0.010683, mean absolute percentage error of 0.00020144, and the sum of the absolute errors of 0.66.
Please note that although there have been many attempts to predict Emerson 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 Emerson Radio's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Emerson Radio Stock Forecast Pattern

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Emerson Radio Forecasted Value

In the context of forecasting Emerson Radio'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. Emerson Radio's downside and upside margins for the forecasting period are 0.005605 and 3.22, respectively. We have considered Emerson Radio'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 0.56
0.005605
Downside
0.58
Expected Value
3.22
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 Emerson Radio stock data series using in forecasting. Note that when a statistical model is used to represent Emerson Radio 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 Criteria111.4384
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0107
MAPEMean absolute percentage error0.018
SAESum of the absolute errors0.6623
This model is not at all useful as a medium-long range forecasting tool of Emerson Radio. 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 Emerson Radio. 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 Emerson Radio

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Emerson Radio. 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 Emerson Radio'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 Emerson Radio in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.030.573.19
Details
Intrinsic
Valuation
LowReal ValueHigh
0.020.503.12
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.530.570.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Emerson Radio. Your research has to be compared to or analyzed against Emerson Radio's peers to derive any actionable benefits. When done correctly, Emerson Radio'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 Emerson Radio.

Other Forecasting Options for Emerson Radio

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

Emerson Radio 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 Emerson Radio stock to make a market-neutral strategy. Peer analysis of Emerson Radio could also be used in its relative valuation, which is a method of valuing Emerson Radio by comparing valuation metrics with similar companies.
Companhia ParanaenseSun Life FinancialHartford FinancialJPMorgan ChaseUBS Group AGAssicurazioni GeneraliAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health TrendIShares MSCI USAAramark Holdings
 Risk & Return  Correlation

Emerson Radio 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 Emerson Radio'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 Emerson Radio's current price.

Emerson Radio Market Strength Events

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

Emerson Radio Risk Indicators

The analysis of Emerson Radio'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 Emerson Radio's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Emerson Radio 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 Emerson Radio 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, Emerson Radio's short interest history, or implied volatility extrapolated from Emerson Radio options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Emerson Radio using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Additionally, see Historical Fundamental Analysis of Emerson Radio to cross-verify your projections. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for analysis

When running Emerson Radio price analysis, check to measure Emerson Radio'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 Emerson Radio is operating at the current time. Most of Emerson Radio's value examination focuses on studying past and present price action to predict the probability of Emerson Radio's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Emerson Radio's price. Additionally, you may evaluate how the addition of Emerson Radio to your portfolios can decrease your overall portfolio volatility.
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Is Emerson Radio's industry 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 Emerson Radio. If investors know Emerson 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 Emerson Radio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
11.8 M
Quarterly Revenue Growth YOY
0.24
Return On Assets
(0.06) 
Return On Equity
(13.83) 
The market value of Emerson Radio is measured differently than its book value, which is the value of Emerson that is recorded on the company's balance sheet. Investors also form their own opinion of Emerson Radio's value that differs from its market value or its book value, called intrinsic value, which is Emerson Radio'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 Emerson Radio's market value can be influenced by many factors that don't directly affect Emerson Radio'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 Emerson Radio's value and its price as these two are different measures arrived at by different means. Investors typically determine Emerson Radio value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emerson Radio'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.