Hain Celestial Stock Forecast - 8 Period Moving Average
| HAIN Stock | USD 6.14 0.05 0.82% |
The 8 Period Moving Average forecasted value of The Hain Celestial on the next trading day is expected to be 6.08 with a mean absolute deviation of 0.40 and the sum of the absolute errors of 21.08. Hain Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hain Celestial stock prices and determine the direction of The Hain Celestial's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hain Celestial's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Hain Celestial to cross-verify your projections. Hain |
Most investors in Hain Celestial 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 Hain Celestial's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Hain Celestial's price structures and extracts relationships that further increase the generated results' accuracy.
An 8-period moving average forecast model for Hain Celestial is based on an artificially constructed time series of Hain Celestial daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time. Hain Celestial 8 Period Moving Average Price Forecast For the 29th of April
Given 90 days horizon, the 8 Period Moving Average forecasted value of The Hain Celestial on the next trading day is expected to be 6.08 with a mean absolute deviation of 0.40, mean absolute percentage error of 0.23, and the sum of the absolute errors of 21.08.Please note that although there have been many attempts to predict Hain 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 Hain Celestial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Hain Celestial Stock Forecast Pattern
| Backtest Hain Celestial | Hain Celestial Price Prediction | Buy or Sell Advice |
Hain Celestial Forecasted Value
In the context of forecasting Hain Celestial'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. Hain Celestial's downside and upside margins for the forecasting period are 2.74 and 9.41, respectively. We have considered Hain Celestial'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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Hain Celestial stock data series using in forecasting. Note that when a statistical model is used to represent Hain Celestial 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 | 101.9537 |
| Bias | Arithmetic mean of the errors | 0.3436 |
| MAD | Mean absolute deviation | 0.3977 |
| MAPE | Mean absolute percentage error | 0.0527 |
| SAE | Sum of the absolute errors | 21.0787 |
Predictive Modules for Hain Celestial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hain Celestial. 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 Hain Celestial'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 Hain Celestial
For every potential investor in Hain, whether a beginner or expert, Hain Celestial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hain Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hain. Basic forecasting techniques help filter out the noise by identifying Hain Celestial's price trends.Hain Celestial 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 Hain Celestial stock to make a market-neutral strategy. Peer analysis of Hain Celestial could also be used in its relative valuation, which is a method of valuing Hain Celestial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hain Celestial 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 Hain Celestial'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 Hain Celestial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Hain Celestial Market Strength Events
Market strength indicators help investors to evaluate how Hain Celestial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hain Celestial shares will generate the highest return on investment. By undertsting and applying Hain Celestial stock market strength indicators, traders can identify The Hain Celestial entry and exit signals to maximize returns.
Hain Celestial Risk Indicators
The analysis of Hain Celestial'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 Hain Celestial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hain 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 | 2.34 | |||
| Standard Deviation | 3.33 | |||
| Variance | 11.12 |
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.
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 Hain Celestial 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, Hain Celestial's short interest history, or implied volatility extrapolated from Hain Celestial options trading.
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 ArchitectCheck out Historical Fundamental Analysis of Hain Celestial to cross-verify your projections. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Hain Stock analysis
When running Hain Celestial's price analysis, check to measure Hain Celestial'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 Hain Celestial is operating at the current time. Most of Hain Celestial's value examination focuses on studying past and present price action to predict the probability of Hain Celestial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hain Celestial's price. Additionally, you may evaluate how the addition of Hain Celestial to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Stocks Directory Find actively traded stocks across global markets | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Global Correlations Find global opportunities by holding instruments from different markets |
Is Hain Celestial'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 Hain Celestial. If investors know Hain 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 Hain Celestial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hain Celestial is measured differently than its book value, which is the value of Hain that is recorded on the company's balance sheet. Investors also form their own opinion of Hain Celestial's value that differs from its market value or its book value, called intrinsic value, which is Hain Celestial'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 Hain Celestial's market value can be influenced by many factors that don't directly affect Hain Celestial'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 Hain Celestial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hain Celestial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hain Celestial'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.