Scienjoy Holding Stock Forecast - 20 Period Moving Average
| SJ Stock | USD 0.98 0.02 2.00% |
The 20 Period Moving Average forecasted value of Scienjoy Holding Corp on the next trading day is expected to be 1.04 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 3.80. Scienjoy Stock Forecast is based on your current time horizon. Although Scienjoy Holding's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Scienjoy Holding's systematic risk associated with finding meaningful patterns of Scienjoy Holding fundamentals over time.
Scienjoy |
Most investors in Scienjoy Holding 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 Scienjoy Holding's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Scienjoy Holding's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for Scienjoy Holding Corp is based on a synthetically constructed Scienjoy Holdingdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time. Scienjoy Holding 20 Period Moving Average Price Forecast For the 21st of June
Given 90 days horizon, the 20 Period Moving Average forecasted value of Scienjoy Holding Corp on the next trading day is expected to be 1.04 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.80.Please note that although there have been many attempts to predict Scienjoy 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 Scienjoy Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Scienjoy Holding Stock Forecast Pattern
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Scienjoy Holding Forecasted Value
In the context of forecasting Scienjoy Holding'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. Scienjoy Holding's downside and upside margins for the forecasting period are 0.01 and 5.69, respectively. We have considered Scienjoy Holding'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Scienjoy Holding stock data series using in forecasting. Note that when a statistical model is used to represent Scienjoy Holding 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 | 76.9048 |
| Bias | Arithmetic mean of the errors | -0.009 |
| MAD | Mean absolute deviation | 0.0928 |
| MAPE | Mean absolute percentage error | 0.1006 |
| SAE | Sum of the absolute errors | 3.803 |
Predictive Modules for Scienjoy Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Scienjoy Holding Corp. 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 Scienjoy Holding'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 Scienjoy Holding
For every potential investor in Scienjoy, whether a beginner or expert, Scienjoy Holding's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Scienjoy Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Scienjoy. Basic forecasting techniques help filter out the noise by identifying Scienjoy Holding's price trends.Scienjoy Holding 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 Scienjoy Holding stock to make a market-neutral strategy. Peer analysis of Scienjoy Holding could also be used in its relative valuation, which is a method of valuing Scienjoy Holding by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Scienjoy Holding Corp 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 Scienjoy Holding'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 Scienjoy Holding's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Scienjoy Holding Market Strength Events
Market strength indicators help investors to evaluate how Scienjoy Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scienjoy Holding shares will generate the highest return on investment. By undertsting and applying Scienjoy Holding stock market strength indicators, traders can identify Scienjoy Holding Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 835.92 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 0.97 | |||
| Day Typical Price | 0.97 | |||
| Period Momentum Indicator | (0.02) | |||
| Relative Strength Index | 46.78 |
Scienjoy Holding Risk Indicators
The analysis of Scienjoy Holding'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 Scienjoy Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting scienjoy 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 | 3.29 | |||
| Semi Deviation | 4.46 | |||
| Standard Deviation | 4.58 | |||
| Variance | 20.97 | |||
| Downside Variance | 25.85 | |||
| Semi Variance | 19.85 | |||
| Expected Short fall | (3.70) |
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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Additional Information and Resources on Investing in Scienjoy Stock
When determining whether Scienjoy Holding Corp 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 Scienjoy 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 Scienjoy Holding Corp Stock. Highlighted below are key reports to facilitate an investment decision about Scienjoy Holding Corp Stock:Check out Historical Fundamental Analysis of Scienjoy Holding to cross-verify your projections. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Movies & Entertainment space 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 Scienjoy Holding. If investors know Scienjoy 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 Scienjoy Holding 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 0.106 | Earnings Share (0.07) | Revenue Per Share 36.173 | Quarterly Revenue Growth 0.039 | Return On Assets 0.0125 |
The market value of Scienjoy Holding Corp is measured differently than its book value, which is the value of Scienjoy that is recorded on the company's balance sheet. Investors also form their own opinion of Scienjoy Holding's value that differs from its market value or its book value, called intrinsic value, which is Scienjoy Holding'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 Scienjoy Holding's market value can be influenced by many factors that don't directly affect Scienjoy Holding'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 Scienjoy Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scienjoy Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scienjoy Holding'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.