9F Stock Forecast - Polynomial Regression

JFU Stock  USD 3.47  0.76  28.04%   
The Polynomial Regression forecasted value of 9F Inc on the next trading day is expected to be 2.83 with a mean absolute deviation of  0.14  and the sum of the absolute errors of 8.80. 9F Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 9F stock prices and determine the direction of 9F Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 9F's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of 9F to cross-verify your projections.
  
Most investors in 9F 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 9F's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets 9F's price structures and extracts relationships that further increase the generated results' accuracy.
9F polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for 9F Inc as well as the accuracy indicators are determined from the period prices.

9F Polynomial Regression Price Forecast For the 26th of April

Given 90 days horizon, the Polynomial Regression forecasted value of 9F Inc on the next trading day is expected to be 2.83 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.80.
Please note that although there have been many attempts to predict 9F 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 9F's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

9F Stock Forecast Pattern

Backtest 9F9F Price PredictionBuy or Sell Advice 

9F Forecasted Value

In the context of forecasting 9F'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. 9F's downside and upside margins for the forecasting period are 0.03 and 9.31, respectively. We have considered 9F'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.
Market Value
3.47
2.83
Expected Value
9.31
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of 9F stock data series using in forecasting. Note that when a statistical model is used to represent 9F 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.
AICAkaike Information Criteria114.7468
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1443
MAPEMean absolute percentage error0.0465
SAESum of the absolute errors8.8036
A single variable polynomial regression model attempts to put a curve through the 9F historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for 9F

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 9F Inc. 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 9F'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.
Hype
Prediction
LowEstimatedHigh
0.163.149.60
Details
Intrinsic
Valuation
LowRealHigh
0.234.5811.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 9F. Your research has to be compared to or analyzed against 9F's peers to derive any actionable benefits. When done correctly, 9F's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in 9F Inc.

Other Forecasting Options for 9F

For every potential investor in 9F, whether a beginner or expert, 9F's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 9F Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 9F. Basic forecasting techniques help filter out the noise by identifying 9F's price trends.

9F 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 9F stock to make a market-neutral strategy. Peer analysis of 9F could also be used in its relative valuation, which is a method of valuing 9F by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

9F Inc 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 9F'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 9F's current price.

9F Market Strength Events

Market strength indicators help investors to evaluate how 9F stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 9F shares will generate the highest return on investment. By undertsting and applying 9F stock market strength indicators, traders can identify 9F Inc entry and exit signals to maximize returns.

9F Risk Indicators

The analysis of 9F'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 9F's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 9f 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.
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 9F 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, 9F's short interest history, or implied volatility extrapolated from 9F 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 Architect
When determining whether 9F Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if 9F Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about 9f Inc Stock. Highlighted below are key reports to facilitate an investment decision about 9f Inc Stock:
Check out Historical Fundamental Analysis of 9F to cross-verify your projections.
Note that the 9F Inc information on this page should be used as a complementary analysis to other 9F'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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for 9F Stock analysis

When running 9F's price analysis, check to measure 9F'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 9F is operating at the current time. Most of 9F's value examination focuses on studying past and present price action to predict the probability of 9F's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 9F's price. Additionally, you may evaluate how the addition of 9F to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Transaction History
View history of all your transactions and understand their impact on performance
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Is 9F'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 9F. If investors know 9F 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 9F 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 9F Inc is measured differently than its book value, which is the value of 9F that is recorded on the company's balance sheet. Investors also form their own opinion of 9F's value that differs from its market value or its book value, called intrinsic value, which is 9F'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 9F's market value can be influenced by many factors that don't directly affect 9F'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 9F's value and its price as these two are different measures arrived at by different means. Investors typically determine if 9F is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 9F'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.