James River OTC Stock Forecast - Naive Prediction

JRIV -  USA Stock  

USD 0.10  0.00  0.00%

James OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast James River historical stock prices and determine the direction of James River Holdings's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of James River historical fundamentals such as revenue growth or operating cash flow patterns.
Please see Historical Fundamental Analysis of James River to cross-verify your projections.

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Most investors in James River 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 James River's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets James River's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for James River is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of James River Holdings 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.

James River Naive Prediction Price Forecast For the 22nd of September

Given 90 days horizon, the Naive Prediction forecasted value of James River Holdings on the next trading day is expected to be 0.09 with a mean absolute deviation of 0.008683, mean absolute percentage error of 0.00016732, and the sum of the absolute errors of 0.53. Please note that although there have been many attempts to predict James OTC 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 James River's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

James River OTC Stock Forecast Pattern

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James River Forecasted Value

In the context of forecasting James River's OTC 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. James River's downside and upside margins for the forecasting period are 0.001 and 113.48, respectively. We have considered James River'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
0.10
21st of September 2021
0.09
Expected Value
113.48
Upside

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 James River otc stock data series using in forecasting. Note that when a statistical model is used to represent James River otc 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 Criteria109.4149
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0087
MAPEMean absolute percentage error0.6223
SAESum of the absolute errors0.5296
This model is not at all useful as a medium-long range forecasting tool of James River Holdings. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict James River. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for James River

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as James River Holdings. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of James River'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. Please use the tools below to analyze the current value of James River in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.010.1055.10
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.0855.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
-0.060.02950.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as James River. Your research has to be compared to or analyzed against James River's peers to derive any actionable benefits. When done correctly, James River's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in James River Holdings.

Other Forecasting Options for James River

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

View Currently 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 James River otc stock to make a market-neutral strategy. Peer analysis of James River could also be used in its relative valuation, which is a method of valuing James River by comparing valuation metrics with similar companies.

James River Holdings 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 James River'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 James River's current price.

James River Risk Indicators

The analysis of James River's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in James River's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting James River stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in James River without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please see Historical Fundamental Analysis of James River to cross-verify your projections. Note that the James River Holdings information on this page should be used as a complementary analysis to other James River'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for James OTC Stock analysis

When running James River Holdings price analysis, check to measure James River'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 James River is operating at the current time. Most of James River's value examination focuses on studying past and present price action to predict the probability of James River's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move James River's price. Additionally, you may evaluate how the addition of James River to your portfolios can decrease your overall portfolio volatility.
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The market value of James River Holdings is measured differently than its book value, which is the value of James that is recorded on the company's balance sheet. Investors also form their own opinion of James River's value that differs from its market value or its book value, called intrinsic value, which is James River'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 James River's market value can be influenced by many factors that don't directly affect James River Holdings underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between James River's value and its price as these two are different measures arrived at by different means. Investors typically determine James River value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, James River'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.