China Eastern Stock Forecast - 4 Period Moving Average
| CIAH Stock | EUR 0.25 0.01 4.17% |
The 4 Period Moving Average forecasted value of China Eastern Airlines on the next trading day is expected to be 0.25 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.32. China Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast China Eastern stock prices and determine the direction of China Eastern Airlines's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of China Eastern's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of China Eastern to cross-verify your projections. China |
Most investors in China Eastern 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 China Eastern's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets China Eastern's price structures and extracts relationships that further increase the generated results' accuracy.
A four-period moving average forecast model for China Eastern Airlines is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility. China Eastern 4 Period Moving Average Price Forecast For the 24th of May
Given 90 days horizon, the 4 Period Moving Average forecasted value of China Eastern Airlines on the next trading day is expected to be 0.25 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000069, and the sum of the absolute errors of 0.32.Please note that although there have been many attempts to predict China 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 China Eastern's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
China Eastern Stock Forecast Pattern
| Backtest China Eastern | China Eastern Price Prediction | Buy or Sell Advice |
China Eastern Forecasted Value
In the context of forecasting China Eastern'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. China Eastern's downside and upside margins for the forecasting period are 0 and 4.02, respectively. We have considered China Eastern'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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of China Eastern stock data series using in forecasting. Note that when a statistical model is used to represent China Eastern 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 | 101.1724 |
| Bias | Arithmetic mean of the errors | -0.0011 |
| MAD | Mean absolute deviation | 0.0056 |
| MAPE | Mean absolute percentage error | 0.0247 |
| SAE | Sum of the absolute errors | 0.32 |
Predictive Modules for China Eastern
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as China Eastern Airlines. 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 China Eastern'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 China Eastern
For every potential investor in China, whether a beginner or expert, China Eastern's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. China Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in China. Basic forecasting techniques help filter out the noise by identifying China Eastern's price trends.China Eastern 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 China Eastern stock to make a market-neutral strategy. Peer analysis of China Eastern could also be used in its relative valuation, which is a method of valuing China Eastern by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
China Eastern Airlines 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 China Eastern'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 China Eastern's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
China Eastern Market Strength Events
Market strength indicators help investors to evaluate how China Eastern stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading China Eastern shares will generate the highest return on investment. By undertsting and applying China Eastern stock market strength indicators, traders can identify China Eastern Airlines entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 0.25 | |||
| Day Typical Price | 0.25 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
China Eastern Risk Indicators
The analysis of China Eastern'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 China Eastern's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting china 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 | |||
| Semi Deviation | 2.77 | |||
| Standard Deviation | 3.71 | |||
| Variance | 13.75 | |||
| Downside Variance | 39.98 | |||
| Semi Variance | 7.66 | |||
| Expected Short fall | (5.49) |
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
Check out Historical Fundamental Analysis of China Eastern to cross-verify your projections. Note that the China Eastern Airlines information on this page should be used as a complementary analysis to other China Eastern's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for China Stock analysis
When running China Eastern's price analysis, check to measure China Eastern'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 China Eastern is operating at the current time. Most of China Eastern's value examination focuses on studying past and present price action to predict the probability of China Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Eastern's price. Additionally, you may evaluate how the addition of China Eastern to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |