Kandi Technologies Stock Forecast - 8 Period Moving Average

KNDI Stock  USD 2.12  0.05  2.42%   
The 8 Period Moving Average forecasted value of Kandi Technologies Group on the next trading day is expected to be 2.14 with a mean absolute deviation of  0.09  and the sum of the absolute errors of 4.96. Kandi Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kandi Technologies stock prices and determine the direction of Kandi Technologies Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kandi Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Kandi Technologies to cross-verify your projections.
  
Most investors in Kandi Technologies 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 Kandi Technologies' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Kandi Technologies' price structures and extracts relationships that further increase the generated results' accuracy.
An 8-period moving average forecast model for Kandi Technologies is based on an artificially constructed time series of Kandi Technologies daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Kandi Technologies 8 Period Moving Average Price Forecast For the 29th of March

Given 90 days horizon, the 8 Period Moving Average forecasted value of Kandi Technologies Group on the next trading day is expected to be 2.14 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.96.
Please note that although there have been many attempts to predict Kandi 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 Kandi Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Kandi Technologies Stock Forecast Pattern

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Kandi Technologies Forecasted Value

In the context of forecasting Kandi Technologies' 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. Kandi Technologies' downside and upside margins for the forecasting period are 0.02 and 4.46, respectively. We have considered Kandi Technologies' 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
2.12
2.14
Expected Value
4.46
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Kandi Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Kandi Technologies 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 Criteria99.1678
BiasArithmetic mean of the errors 0.0688
MADMean absolute deviation0.0935
MAPEMean absolute percentage error0.0382
SAESum of the absolute errors4.955
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Kandi Technologies Group 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Kandi Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kandi Technologies. 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 Kandi Technologies' 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
0.112.124.44
Details
Intrinsic
Valuation
LowRealHigh
0.012.334.65
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kandi Technologies. Your research has to be compared to or analyzed against Kandi Technologies' peers to derive any actionable benefits. When done correctly, Kandi Technologies' 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 Kandi Technologies.

Other Forecasting Options for Kandi Technologies

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

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

Kandi Technologies 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 Kandi Technologies' 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 Kandi Technologies' current price.

Kandi Technologies Market Strength Events

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

Kandi Technologies Risk Indicators

The analysis of Kandi Technologies' 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 Kandi Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kandi 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 Kandi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kandi Technologies' 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 Kandi Technologies Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kandi Technologies Group Stock:
Check out Historical Fundamental Analysis of Kandi Technologies to cross-verify your projections.
Note that the Kandi Technologies information on this page should be used as a complementary analysis to other Kandi Technologies' 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 Kandi Stock analysis

When running Kandi Technologies' price analysis, check to measure Kandi Technologies' 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 Kandi Technologies is operating at the current time. Most of Kandi Technologies' value examination focuses on studying past and present price action to predict the probability of Kandi Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kandi Technologies' price. Additionally, you may evaluate how the addition of Kandi Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Kandi Technologies' 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 Kandi Technologies. If investors know Kandi 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 Kandi Technologies 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 Kandi Technologies is measured differently than its book value, which is the value of Kandi that is recorded on the company's balance sheet. Investors also form their own opinion of Kandi Technologies' value that differs from its market value or its book value, called intrinsic value, which is Kandi Technologies' 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 Kandi Technologies' market value can be influenced by many factors that don't directly affect Kandi Technologies' 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 Kandi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kandi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kandi Technologies' 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.