Tingyi Holding Pink Sheet Forecast - Naive Prediction

TCYMF Stock  USD 1.18  0.00  0.00%   
The Naive Prediction forecasted value of Tingyi Holding Corp on the next trading day is expected to be 1.18 with a mean absolute deviation of  0  and the sum of the absolute errors of 0. Tingyi Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tingyi Holding stock prices and determine the direction of Tingyi Holding Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Tingyi Holding's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Tingyi Holding to cross-verify your projections.
  
Most investors in Tingyi 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 Tingyi Holding's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Tingyi Holding's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Tingyi Holding is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Tingyi Holding Corp value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Tingyi Holding Naive Prediction Price Forecast For the 30th of March

Given 90 days horizon, the Naive Prediction forecasted value of Tingyi Holding Corp on the next trading day is expected to be 1.18 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Tingyi Pink Sheet 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 Tingyi Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Tingyi Holding Pink Sheet Forecast Pattern

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Tingyi Holding Forecasted Value

In the context of forecasting Tingyi Holding's Pink Sheet 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. Tingyi Holding's downside and upside margins for the forecasting period are 1.18 and 1.18, respectively. We have considered Tingyi 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.
Market Value
1.18
1.18
Expected Value
1.18
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Tingyi Holding pink sheet data series using in forecasting. Note that when a statistical model is used to represent Tingyi Holding pink sheet, 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 Criteria49.0662
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of Tingyi Holding Corp. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Tingyi Holding. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Tingyi 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 Tingyi Holding Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Tingyi 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.
Hype
Prediction
LowEstimatedHigh
1.071.181.29
Details
Intrinsic
Valuation
LowRealHigh
1.071.181.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tingyi Holding. Your research has to be compared to or analyzed against Tingyi Holding's peers to derive any actionable benefits. When done correctly, Tingyi Holding's 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 Tingyi Holding Corp.

Other Forecasting Options for Tingyi Holding

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

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

Tingyi Holding Corp Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Tingyi 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 Tingyi Holding's current price.

Tingyi Holding Market Strength Events

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

Tingyi Holding Risk Indicators

The analysis of Tingyi 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 Tingyi Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tingyi pink sheet 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 Tingyi Holding 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, Tingyi Holding's short interest history, or implied volatility extrapolated from Tingyi Holding options trading.

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Check out Historical Fundamental Analysis of Tingyi Holding to cross-verify your projections.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Please note, there is a significant difference between Tingyi Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tingyi Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tingyi 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.