360 Finance Stock Forecast - 8 Period Moving Average
| QFIN Stock | USD 18.73 0.22 1.19% |
The 8 Period Moving Average forecasted value of 360 Finance on the next trading day is expected to be 18.25 with a mean absolute deviation of 0.66 and the sum of the absolute errors of 35.91. 360 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 360 Finance stock prices and determine the direction of 360 Finance's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 360 Finance's historical fundamentals, such as revenue growth or operating cash flow patterns. Although 360 Finance's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of 360 Finance's systematic risk associated with finding meaningful patterns of 360 Finance fundamentals over time.
Check out Historical Fundamental Analysis of 360 Finance to cross-verify your projections. 360 |
Open Interest Against 2024-05-17 360 Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast 360 Finance's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in 360 Finance's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for 360 Finance stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current 360 Finance's open interest, investors have to compare it to 360 Finance's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of 360 Finance is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in 360. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in 360 Finance 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 360 Finance's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets 360 Finance's price structures and extracts relationships that further increase the generated results' accuracy.
An 8-period moving average forecast model for 360 Finance is based on an artificially constructed time series of 360 Finance 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. 360 Finance 8 Period Moving Average Price Forecast For the 26th of April
Given 90 days horizon, the 8 Period Moving Average forecasted value of 360 Finance on the next trading day is expected to be 18.25 with a mean absolute deviation of 0.66, mean absolute percentage error of 0.85, and the sum of the absolute errors of 35.91.Please note that although there have been many attempts to predict 360 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 360 Finance's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
360 Finance Stock Forecast Pattern
| Backtest 360 Finance | 360 Finance Price Prediction | Buy or Sell Advice |
360 Finance Forecasted Value
In the context of forecasting 360 Finance'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. 360 Finance's downside and upside margins for the forecasting period are 15.20 and 21.30, respectively. We have considered 360 Finance'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.
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 360 Finance stock data series using in forecasting. Note that when a statistical model is used to represent 360 Finance 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.| AIC | Akaike Information Criteria | 105.0802 |
| Bias | Arithmetic mean of the errors | -0.3766 |
| MAD | Mean absolute deviation | 0.665 |
| MAPE | Mean absolute percentage error | 0.038 |
| SAE | Sum of the absolute errors | 35.9075 |
Predictive Modules for 360 Finance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as 360 Finance. 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 360 Finance'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.
Other Forecasting Options for 360 Finance
For every potential investor in 360, whether a beginner or expert, 360 Finance's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 360 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 360. Basic forecasting techniques help filter out the noise by identifying 360 Finance's price trends.360 Finance 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 360 Finance stock to make a market-neutral strategy. Peer analysis of 360 Finance could also be used in its relative valuation, which is a method of valuing 360 Finance by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
360 Finance 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 360 Finance'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 360 Finance's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
360 Finance Market Strength Events
Market strength indicators help investors to evaluate how 360 Finance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 360 Finance shares will generate the highest return on investment. By undertsting and applying 360 Finance stock market strength indicators, traders can identify 360 Finance entry and exit signals to maximize returns.
360 Finance Risk Indicators
The analysis of 360 Finance'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 360 Finance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 360 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.
| Mean Deviation | 2.21 | |||
| Semi Deviation | 2.07 | |||
| Standard Deviation | 3.11 | |||
| Variance | 9.67 | |||
| Downside Variance | 5.63 | |||
| Semi Variance | 4.3 | |||
| Expected Short fall | (2.66) |
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 360 Finance 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, 360 Finance's short interest history, or implied volatility extrapolated from 360 Finance options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as 360 Finance using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Historical Fundamental Analysis of 360 Finance to cross-verify your projections. To learn how to invest in 360 Stock, please use our How to Invest in 360 Finance guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for 360 Stock analysis
When running 360 Finance's price analysis, check to measure 360 Finance'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 360 Finance is operating at the current time. Most of 360 Finance's value examination focuses on studying past and present price action to predict the probability of 360 Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 360 Finance's price. Additionally, you may evaluate how the addition of 360 Finance to your portfolios can decrease your overall portfolio volatility.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |
Is 360 Finance'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 360 Finance. If investors know 360 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 360 Finance 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 0.275 | Dividend Share 7.658 | Earnings Share 3.4 | Revenue Per Share 101.575 | Quarterly Revenue Growth 0.151 |
The market value of 360 Finance is measured differently than its book value, which is the value of 360 that is recorded on the company's balance sheet. Investors also form their own opinion of 360 Finance's value that differs from its market value or its book value, called intrinsic value, which is 360 Finance'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 360 Finance's market value can be influenced by many factors that don't directly affect 360 Finance'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 360 Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if 360 Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 360 Finance'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.