Jinxin Technology Stock Forecast - Simple Regression
| NAMI Stock | 1.01 0.01 0.98% |
The Simple Regression forecasted value of Jinxin Technology Holding on the next trading day is expected to be 0.44 with a mean absolute deviation of 0.37 and the sum of the absolute errors of 22.71. Jinxin Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Jinxin Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of now, Jinxin Technology's Inventory Turnover is increasing as compared to previous years. The Jinxin Technology's current Asset Turnover is estimated to increase to 2.29, while Payables Turnover is projected to decrease to 7.23. . The Jinxin Technology's current Common Stock Shares Outstanding is estimated to increase to about 29.2 M. Jinxin Technology Simple Regression Price Forecast For the 26th of July
Given 90 days horizon, the Simple Regression forecasted value of Jinxin Technology Holding on the next trading day is expected to be 0.44 with a mean absolute deviation of 0.37, mean absolute percentage error of 0.20, and the sum of the absolute errors of 22.71.Please note that although there have been many attempts to predict Jinxin 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 Jinxin Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Jinxin Technology Stock Forecast Pattern
| Backtest Jinxin Technology | Jinxin Technology Price Prediction | Buy or Sell Advice |
Jinxin Technology Forecasted Value
In the context of forecasting Jinxin Technology'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. Jinxin Technology's downside and upside margins for the forecasting period are 0.01 and 10.11, respectively. We have considered Jinxin Technology'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Jinxin Technology stock data series using in forecasting. Note that when a statistical model is used to represent Jinxin Technology 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 | 116.5185 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3724 |
| MAPE | Mean absolute percentage error | 0.2611 |
| SAE | Sum of the absolute errors | 22.7141 |
Predictive Modules for Jinxin Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jinxin Technology Holding. 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.Other Forecasting Options for Jinxin Technology
For every potential investor in Jinxin, whether a beginner or expert, Jinxin Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jinxin Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jinxin. Basic forecasting techniques help filter out the noise by identifying Jinxin Technology's price trends.Jinxin Technology 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 Jinxin Technology stock to make a market-neutral strategy. Peer analysis of Jinxin Technology could also be used in its relative valuation, which is a method of valuing Jinxin Technology by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Jinxin Technology Holding 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 Jinxin Technology'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 Jinxin Technology's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
Jinxin Technology Market Strength Events
Market strength indicators help investors to evaluate how Jinxin Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jinxin Technology shares will generate the highest return on investment. By undertsting and applying Jinxin Technology stock market strength indicators, traders can identify Jinxin Technology Holding entry and exit signals to maximize returns.
Jinxin Technology Risk Indicators
The analysis of Jinxin Technology'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 Jinxin Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jinxin 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 | 5.4 | |||
| Standard Deviation | 9.69 | |||
| Variance | 93.96 |
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.
Currently Active Assets on Macroaxis
| USOI | Credit Suisse X Links | |
| ULTY | Tidal Trust II | |
| CONY | YieldMax N Option | |
| BCAT | BlackRock Capital Allocation | |
| PDI | Pimco Dynamic Income |
Check out Historical Fundamental Analysis of Jinxin Technology to cross-verify your projections. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Diversified Consumer Services 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 Jinxin Technology. If investors know Jinxin 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 Jinxin Technology 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 Jinxin Technology Holding is measured differently than its book value, which is the value of Jinxin that is recorded on the company's balance sheet. Investors also form their own opinion of Jinxin Technology's value that differs from its market value or its book value, called intrinsic value, which is Jinxin Technology'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 Jinxin Technology's market value can be influenced by many factors that don't directly affect Jinxin Technology'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 Jinxin Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jinxin Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jinxin Technology'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.