Primega Group Stock Forecast - Naive Prediction
| ZDAI Stock | 0.64 0.02 3.23% |
The Naive Prediction forecasted value of Primega Group Holdings on the next trading day is expected to be 0.75 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.59. Primega Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Primega Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 25th of January 2026 the value of relative strength index of Primega Group's share price is below 20 . This usually means that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Revenue Growth 0.631 |
Using Primega Group hype-based prediction, you can estimate the value of Primega Group Holdings from the perspective of Primega Group response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Primega Group Holdings on the next trading day is expected to be 0.75 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.59. Primega Group after-hype prediction price | USD 0.64 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Primega Group to cross-verify your projections. Primega Group Additional Predictive Modules
Most predictive techniques to examine Primega price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Primega using various technical indicators. When you analyze Primega charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Primega Group Cash Forecast
Predicting cash flow or other financial metrics requires analysts to utilize a variety of statistical methods, techniques, and algorithms. These tools help uncover hidden patterns in the Primega Group's financial statements, enabling forecasts of their impact on future stock prices.
Cash | First Reported 2010-12-31 | Previous Quarter 524.3 K | Current Value 300.7 K | Quarterly Volatility 166.7 K |
Primega Group Naive Prediction Price Forecast For the 26th of January
Given 90 days horizon, the Naive Prediction forecasted value of Primega Group Holdings on the next trading day is expected to be 0.75 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.59.Please note that although there have been many attempts to predict Primega 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 Primega Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Primega Group Stock Forecast Pattern
| Backtest Primega Group | Primega Group Price Prediction | Buy or Sell Advice |
Primega Group Forecasted Value
In the context of forecasting Primega Group'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. Primega Group's downside and upside margins for the forecasting period are 0.01 and 10.35, respectively. We have considered Primega Group'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 Primega Group stock data series using in forecasting. Note that when a statistical model is used to represent Primega Group 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 | 111.613 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0261 |
| MAPE | Mean absolute percentage error | 0.0712 |
| SAE | Sum of the absolute errors | 1.5914 |
Predictive Modules for Primega Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Primega Group Holdings. 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.Primega Group After-Hype Price Prediction Density Analysis
As far as predicting the price of Primega Group at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Primega Group or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Primega Group, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Primega Group Estimiated After-Hype Price Volatility
In the context of predicting Primega Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Primega Group's historical news coverage. Primega Group's after-hype downside and upside margins for the prediction period are 0.03 and 10.31, respectively. We have considered Primega Group's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Primega Group is out of control at this time. Analysis and calculation of next after-hype price of Primega Group Holdings is based on 3 months time horizon.
Primega Group Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Primega Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Primega Group backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Primega Group, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.76 | 9.59 | 0.04 | 0.02 | 7 Events / Month | 3 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.64 | 0.64 | 0.00 |
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Primega Group Hype Timeline
Primega Group Holdings is at this time traded for 0.64. The entity has historical hype elasticity of 0.04, and average elasticity to hype of competition of -0.02. Primega is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.76%. %. The volatility of related hype on Primega Group is about 35518.52%, with the expected price after the next announcement by competition of 0.62. About 68.0% of the company outstanding shares are owned by insiders. The book value of Primega Group was at this time reported as 0.19. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 7 days. Check out Historical Fundamental Analysis of Primega Group to cross-verify your projections.Primega Group Related Hype Analysis
Having access to credible news sources related to Primega Group's direct competition is more important than ever and may enhance your ability to predict Primega Group's future price movements. Getting to know how Primega Group's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Primega Group may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HYFM | Hydrofarm Holdings Group | (0.01) | 9 per month | 0.00 | (0.08) | 12.26 | (9.50) | 47.42 | |
| ARTW | Arts Way Manufacturing Co | 0.01 | 2 per month | 3.33 | (0.02) | 5.65 | (5.93) | 16.32 | |
| LSH | Lakeside Holding Limited | 0.01 | 6 per month | 4.13 | (0.01) | 11.76 | (6.90) | 49.01 | |
| PSIG | PS International Group | 0.01 | 1 per month | 3.23 | 0.02 | 8.05 | (5.30) | 18.09 | |
| VRME | VerifyMe | 0.01 | 1 per month | 4.94 | 0.01 | 12.24 | (8.60) | 67.08 | |
| ILAG | Intelligent Living Application | 0.01 | 12 per month | 0.00 | (0.03) | 12.40 | (13.92) | 62.13 | |
| JYD | Jayud Global Logistics | 0.01 | 2 per month | 0.00 | (0.08) | 9.60 | (9.09) | 28.60 | |
| TLIH | Ten League International Holdings | 0.11 | 3 per month | 4.41 | 0 | 11.63 | (8.00) | 40.97 | |
| CETY | Clean Energy Technologies | (0.09) | 18 per month | 0.00 | (0.05) | 8.93 | (13.04) | 140.58 | |
| GRNQ | GreenPro Capital Corp | (0.34) | 12 per month | 3.90 | 0.07 | 8.13 | (5.39) | 25.63 |
Other Forecasting Options for Primega Group
For every potential investor in Primega, whether a beginner or expert, Primega Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Primega Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Primega. Basic forecasting techniques help filter out the noise by identifying Primega Group's price trends.Primega Group 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 Primega Group stock to make a market-neutral strategy. Peer analysis of Primega Group could also be used in its relative valuation, which is a method of valuing Primega Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Primega Group Market Strength Events
Market strength indicators help investors to evaluate how Primega Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Primega Group shares will generate the highest return on investment. By undertsting and applying Primega Group stock market strength indicators, traders can identify Primega Group Holdings entry and exit signals to maximize returns.
Primega Group Risk Indicators
The analysis of Primega Group'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 Primega Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting primega 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 | 6.32 | |||
| Semi Deviation | 6.15 | |||
| Standard Deviation | 9.41 | |||
| Variance | 88.62 | |||
| Downside Variance | 58.38 | |||
| Semi Variance | 37.79 | |||
| Expected Short fall | (10.60) |
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.
Story Coverage note for Primega Group
The number of cover stories for Primega Group depends on current market conditions and Primega Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Primega Group is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Primega Group's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Primega Group Short Properties
Primega Group's future price predictability will typically decrease when Primega Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Primega Group Holdings often depends not only on the future outlook of the potential Primega Group's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Primega Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.4 M | |
| Cash And Short Term Investments | 456 K |
Check out Historical Fundamental Analysis of Primega Group to cross-verify your projections. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Cargo Ground Transportation 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 Primega Group. If investors know Primega 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 Primega Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.03 | Revenue Per Share | Quarterly Revenue Growth 0.631 | Return On Assets | Return On Equity |
The market value of Primega Group Holdings is measured differently than its book value, which is the value of Primega that is recorded on the company's balance sheet. Investors also form their own opinion of Primega Group's value that differs from its market value or its book value, called intrinsic value, which is Primega Group'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 Primega Group's market value can be influenced by many factors that don't directly affect Primega Group'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 Primega Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primega Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primega Group'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.