Jiuzi Holdings Stock Forecast - Polynomial Regression

JZXN Stock  USD 3.22  0.22  7.33%   
The Polynomial Regression forecasted value of Jiuzi Holdings on the next trading day is expected to be 3.60 with a mean absolute deviation of  0.09  and the sum of the absolute errors of 5.83. Jiuzi Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Jiuzi Holdings stock prices and determine the direction of Jiuzi Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Jiuzi Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Jiuzi Holdings' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Jiuzi Holdings' systematic risk associated with finding meaningful patterns of Jiuzi Holdings fundamentals over time.
Check out Historical Fundamental Analysis of Jiuzi Holdings to cross-verify your projections.
To learn how to invest in Jiuzi Stock, please use our How to Invest in Jiuzi Holdings guide.
  
At this time, Jiuzi Holdings' Inventory Turnover is very stable compared to the past year. As of the 28th of March 2024, Payables Turnover is likely to grow to 873.60, while Fixed Asset Turnover is likely to drop 4.97. . As of the 28th of March 2024, Common Stock Shares Outstanding is likely to drop to about 1.3 M. In addition to that, Net Loss is likely to grow to about (14.4 M).
Most investors in Jiuzi Holdings 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 Jiuzi Holdings' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Jiuzi Holdings' price structures and extracts relationships that further increase the generated results' accuracy.
Jiuzi Holdings polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Jiuzi Holdings as well as the accuracy indicators are determined from the period prices.

Jiuzi Holdings Polynomial Regression Price Forecast For the 29th of March

Given 90 days horizon, the Polynomial Regression forecasted value of Jiuzi Holdings on the next trading day is expected to be 3.60 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.02, and the sum of the absolute errors of 5.83.
Please note that although there have been many attempts to predict Jiuzi 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 Jiuzi Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Jiuzi Holdings Stock Forecast Pattern

Backtest Jiuzi HoldingsJiuzi Holdings Price PredictionBuy or Sell Advice 

Jiuzi Holdings Forecasted Value

In the context of forecasting Jiuzi Holdings' 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. Jiuzi Holdings' downside and upside margins for the forecasting period are 0.03 and 12.09, respectively. We have considered Jiuzi Holdings' 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
3.22
3.60
Expected Value
12.09
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 Jiuzi Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Jiuzi Holdings 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 Criteria115.8636
BiasArithmetic mean of the errors None
MADMean absolute deviation0.094
MAPEMean absolute percentage error0.0772
SAESum of the absolute errors5.8265
A single variable polynomial regression model attempts to put a curve through the Jiuzi Holdings 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 Jiuzi Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jiuzi 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jiuzi Holdings' 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
0.173.3011.78
Details
Intrinsic
Valuation
LowRealHigh
0.112.2610.74
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jiuzi Holdings. Your research has to be compared to or analyzed against Jiuzi Holdings' peers to derive any actionable benefits. When done correctly, Jiuzi Holdings' 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 Jiuzi Holdings.

Other Forecasting Options for Jiuzi Holdings

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

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

Jiuzi 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 Jiuzi Holdings' 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 Jiuzi Holdings' current price.

Jiuzi Holdings Market Strength Events

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

Jiuzi Holdings Risk Indicators

The analysis of Jiuzi Holdings' 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 Jiuzi Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jiuzi 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.

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When determining whether Jiuzi Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jiuzi Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jiuzi Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jiuzi Holdings Stock:
Check out Historical Fundamental Analysis of Jiuzi Holdings to cross-verify your projections.
To learn how to invest in Jiuzi Stock, please use our How to Invest in Jiuzi Holdings guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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Is Jiuzi Holdings' 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 Jiuzi Holdings. If investors know Jiuzi 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 Jiuzi Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.872
Earnings Share
(16.88)
Revenue Per Share
1.913
Quarterly Revenue Growth
(0.78)
Return On Assets
(0.48)
The market value of Jiuzi Holdings is measured differently than its book value, which is the value of Jiuzi that is recorded on the company's balance sheet. Investors also form their own opinion of Jiuzi Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jiuzi Holdings' 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 Jiuzi Holdings' market value can be influenced by many factors that don't directly affect Jiuzi Holdings' 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 Jiuzi Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jiuzi Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jiuzi Holdings' 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.