Beijing HuaYuanYiTong Stock Forward View - Simple Exponential Smoothing
| 002893 Stock | 12.46 0.48 4.01% |
This reference page presents Simple Exponential Smoothing forecast data for Beijing HuaYuanYiTong Thermal. The projected values and error metrics are presented below as reference information.
The Simple Exponential Smoothing forecasted value of Beijing HuaYuanYiTong Thermal on the next trading day is expected to be 12.46 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 8.74.This simple exponential smoothing model begins by setting Beijing HuaYuanYiTong Thermal forecast for the second period equal to the observation of the first period. In other words, recent Beijing HuaYuanYiTong observations are given relatively more weight in forecasting than the older observations. This Simple Exponential Smoothing forecast data for Beijing HuaYuanYiTong Thermal is sourced from the most recent available trading data and is intended solely as reference information. Simple Exponential Smoothing Price Forecast For the 25th of March
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Beijing HuaYuanYiTong Thermal on the next trading day is expected to be 12.46 with a mean absolute deviation of 0.15 , mean absolute percentage error of 0.03 , and the sum of the absolute errors of 8.74 .Please note that although there have been many attempts to predict Beijing Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Beijing HuaYuanYiTong's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Beijing HuaYuanYiTong | Beijing HuaYuanYiTong Price Prediction | Research Analysis |
Forecasted Value
Forecasting Beijing HuaYuanYiTong Thermal for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The projected forecast band currently runs from roughly 10.86 on the downside to about 14.06 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Beijing HuaYuanYiTong stock data series using in forecasting. Note that when a statistical model is used to represent Beijing HuaYuanYiTong 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 | 112.8772 |
| Bias | Arithmetic mean of the errors | -0.018 |
| MAD | Mean absolute deviation | 0.1457 |
| MAPE | Mean absolute percentage error | 0.0125 |
| SAE | Sum of the absolute errors | 8.74 |
Other Forecasting Options for Beijing HuaYuanYiTong
Beijing HuaYuanYiTong's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in Beijing often signals an upcoming reversal or acceleration.Beijing HuaYuanYiTong Related Equities
Investors studying Beijing HuaYuanYiTong often look at related stocks within the Utilities space to gauge pricing and results. Profit comparisons show whether Beijing HuaYuanYiTong earns above or below average returns next to its peers. Peer review is most useful when paired with absolute pricing and trend checks.
| Risk & Return | Correlation |
Beijing HuaYuanYiTong Market Strength Events
Market strength indicators help investors evaluate how Beijing HuaYuanYiTong stock reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading Beijing HuaYuanYiTong Thermal.
Beijing HuaYuanYiTong Risk Indicators
The analysis of Beijing HuaYuanYiTong's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding Beijing HuaYuanYiTong's allows investors to make informed decisions about their exposure.
| Mean Deviation | 1.32 | |||
| Semi Deviation | 1.59 | |||
| Standard Deviation | 1.69 | |||
| Variance | 2.86 | |||
| Downside Variance | 2.74 | |||
| Semi Variance | 2.53 | |||
| Expected Short fall | -1.41 |
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.
Story Coverage note for Beijing HuaYuanYiTong
A coverage review of Beijing HuaYuanYiTong Thermal shows when the security is attracting above-average attention from contributors and market observers. A disciplined read of coverage separates durable relevance from temporary noise.
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Beijing HuaYuanYiTong Short Properties
Short-interest signals around Beijing HuaYuanYiTong Thermal can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 267.1 M | |
| Cash And Short Term Investments | 935.7 M |
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Financial ratios reflect how major financial figures connect within Beijing HuaYuanYiTong. They frame financial performance across earnings, cash flow, and valuation.