Neptune Wellness Stock Forecast - Simple Moving Average

The Simple Moving Average forecasted value of Neptune Wellness Solutions on the next trading day is expected to be 0.00 with a mean absolute deviation of  0.04  and the sum of the absolute errors of 2.46. Neptune Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Neptune Wellness stock prices and determine the direction of Neptune Wellness Solutions's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Neptune Wellness' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Neptune Wellness' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Neptune Wellness' systematic risk associated with finding meaningful patterns of Neptune Wellness fundamentals over time.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
  
At this time, Neptune Wellness' Payables Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 3.42 in 2024, whereas Inventory Turnover is likely to drop 3.60 in 2024. . Common Stock Shares Outstanding is likely to gain to about 347 K in 2024, despite the fact that Net Loss is likely to grow to (64.1 M).
Most investors in Neptune Wellness 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 Neptune Wellness' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Neptune Wellness' price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for Neptune Wellness is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Neptune Wellness Simple Moving Average Price Forecast For the 29th of March

Given 90 days horizon, the Simple Moving Average forecasted value of Neptune Wellness Solutions on the next trading day is expected to be 0.00 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.46.
Please note that although there have been many attempts to predict Neptune 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 Neptune Wellness' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Neptune Wellness Stock Forecast Pattern

Backtest Neptune WellnessNeptune Wellness Price PredictionBuy or Sell Advice 

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Neptune Wellness stock data series using in forecasting. Note that when a statistical model is used to represent Neptune Wellness 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 Criteria108.9397
BiasArithmetic mean of the errors 0.0099
MADMean absolute deviation0.0418
MAPEMean absolute percentage error0.0
SAESum of the absolute errors2.465
The simple moving average model is conceptually a linear regression of the current value of Neptune Wellness Solutions price series against current and previous (unobserved) value of Neptune Wellness. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Neptune Wellness

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Neptune Wellness Sol. 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 Neptune Wellness' 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
0.000.0017.17
Details
Intrinsic
Valuation
LowRealHigh
0.000.0017.17
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Neptune Wellness. Your research has to be compared to or analyzed against Neptune Wellness' peers to derive any actionable benefits. When done correctly, Neptune Wellness' 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 Neptune Wellness Sol.

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

Neptune Wellness Risk Indicators

The analysis of Neptune Wellness' 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 Neptune Wellness' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting neptune 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 Neptune Wellness 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, Neptune Wellness' short interest history, or implied volatility extrapolated from Neptune Wellness options trading.

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When determining whether Neptune Wellness Sol 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 Neptune 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 Neptune Wellness Solutions Stock. Highlighted below are key reports to facilitate an investment decision about Neptune Wellness Solutions Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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Is Neptune Wellness' 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 Neptune Wellness. If investors know Neptune 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 Neptune Wellness listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(200.20)
Revenue Per Share
26.872
Quarterly Revenue Growth
(0.38)
Return On Assets
(0.67)
Return On Equity
(8.18)
The market value of Neptune Wellness Sol is measured differently than its book value, which is the value of Neptune that is recorded on the company's balance sheet. Investors also form their own opinion of Neptune Wellness' value that differs from its market value or its book value, called intrinsic value, which is Neptune Wellness' 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 Neptune Wellness' market value can be influenced by many factors that don't directly affect Neptune Wellness' 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 Neptune Wellness' value and its price as these two are different measures arrived at by different means. Investors typically determine if Neptune Wellness is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neptune Wellness' 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.