HWH International Stock Forecast - Naive Prediction
| HWH Stock | 0.91 0.09 9.00% |
The Naive Prediction forecasted value of HWH International on the next trading day is expected to be 1.07 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 12.23. HWH Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of HWH International's historical fundamentals, such as revenue growth or operating cash flow patterns.
HWH |
Most investors in HWH International 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 HWH International's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets HWH International's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for HWH International is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of HWH International 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. HWH International Naive Prediction Price Forecast For the 10th of June
Given 90 days horizon, the Naive Prediction forecasted value of HWH International on the next trading day is expected to be 1.07 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.08, and the sum of the absolute errors of 12.23.Please note that although there have been many attempts to predict HWH 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 HWH International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
HWH International Stock Forecast Pattern
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HWH International Forecasted Value
In the context of forecasting HWH 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. HWH International's downside and upside margins for the forecasting period are 0.01 and 16.71, respectively. We have considered HWH 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 HWH International stock data series using in forecasting. Note that when a statistical model is used to represent HWH 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 | 115.5565 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2005 |
| MAPE | Mean absolute percentage error | 0.148 |
| SAE | Sum of the absolute errors | 12.2289 |
Predictive Modules for HWH 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 HWH 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 HWH 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 HWH International
For every potential investor in HWH, whether a beginner or expert, HWH International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HWH Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HWH. Basic forecasting techniques help filter out the noise by identifying HWH International's price trends.HWH International 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 HWH International stock to make a market-neutral strategy. Peer analysis of HWH International could also be used in its relative valuation, which is a method of valuing HWH International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
HWH 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 HWH 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 HWH International's current price.| Cycle Indicators | ||
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HWH International Market Strength Events
Market strength indicators help investors to evaluate how HWH 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 HWH International shares will generate the highest return on investment. By undertsting and applying HWH International stock market strength indicators, traders can identify HWH International entry and exit signals to maximize returns.
HWH International Risk Indicators
The analysis of HWH 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 HWH International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hwh 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 | 9.83 | |||
| Semi Deviation | 9.88 | |||
| Standard Deviation | 15.59 | |||
| Variance | 243.09 | |||
| Downside Variance | 106.02 | |||
| Semi Variance | 97.55 | |||
| Expected Short fall | (14.21) |
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.
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Additional Information and Resources on Investing in HWH Stock
When determining whether HWH International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HWH 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 Hwh International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hwh International Stock:Check out Historical Fundamental Analysis of HWH International to cross-verify your projections. For more detail on how to invest in HWH Stock please use our How to Invest in HWH International guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Leisure Products 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 HWH International. If investors know HWH 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 HWH International 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 HWH International is measured differently than its book value, which is the value of HWH that is recorded on the company's balance sheet. Investors also form their own opinion of HWH International's value that differs from its market value or its book value, called intrinsic value, which is HWH 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 HWH International's market value can be influenced by many factors that don't directly affect HWH 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 HWH International's value and its price as these two are different measures arrived at by different means. Investors typically determine if HWH International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HWH 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.