BingEx Stock Forward View - Simple Moving Average
| FLX Stock | 2.59 0.19 7.92% |
This reference view applies Simple Moving Average to BingEx's historical closing prices. BingEx's Simple Moving Average reference page summarizes the forecasted price and model accuracy metrics from daily trading data. BingEx's forecast reference data is generated from the equity's historical trading prices. Mean absolute deviation and related metrics help quantify forecast uncertainty for BingEx.
The Simple Moving Average forecasted value of BingEx on the next trading day is expected to be 2.59 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.45.The simple moving average model is conceptually a linear regression of the current value of BingEx price series against current and previous (unobserved) value of BingEx. 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 All forecast values on this page for BingEx are Simple Moving Average reference data derived from historical price series. Simple Moving Average Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Moving Average forecasted value of BingEx on the next trading day is expected to be 2.59 with a mean absolute deviation of 0.14 , mean absolute percentage error of 0.07 , and the sum of the absolute errors of 8.45 .Please note that although there have been many attempts to predict BingEx 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 BingEx's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest BingEx | BingEx Price Prediction | Research Analysis |
Forecasted Value
Forecasting BingEx for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. At the moment, the model places downside around 0.03 and upside around 10.02 for the forecasting period.
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 BingEx stock data series using in forecasting. Note that when a statistical model is used to represent BingEx 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 | 111.718 |
| Bias | Arithmetic mean of the errors | 0.0153 |
| MAD | Mean absolute deviation | 0.1431 |
| MAPE | Mean absolute percentage error | 0.0511 |
| SAE | Sum of the absolute errors | 8.445 |
Other Forecasting Options for BingEx
Volume-weighted price analysis for BingEx Stock gives heavier weight to price levels where trading activity was highest. Crossovers in the MACD line and signal line can identify shifts in BingEx momentum before they appear in raw price. Comparing BingEx's realized volatility to implied volatility reveals whether the options market expects larger or smaller moves. Readings above 80 or below 20 highlight potential reversal zones in BingEx Stock price action.BingEx Related Equities
The stocks listed below are peers of BingEx within the Industrials space and offer context for ranking and strength. Profit comparisons show whether BingEx earns above or below average returns next to its peers.
| Risk & Return | Correlation |
BingEx Market Strength Events
Evaluating the market strength of BingEx stock allows investors to gauge shifts in market momentum. By monitoring these indicators, investors can identify the most opportune moments to trade BingEx. These metrics are particularly useful when BingEx stock shows divergence from broader market trends. Regularly reviewing BingEx strength signals helps maintain a structured approach to position management.
BingEx Risk Indicators
Understanding BingEx's risk indicators is essential for any investor seeking to forecast its future price accurately. By identifying how much risk is embedded in BingEx's investment, investors can decide how to position their exposure. Reviewing BingEx's basic risk indicators is essential for managing investment risk effectively. The risk-return trade-off for bingex stock becomes clearer when BingEx's risk indicators are properly assessed.
| Mean Deviation | 4.5 | |||
| Standard Deviation | 7.43 | |||
| Variance | 55.18 |
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 BingEx
A coverage review of BingEx shows when the security is attracting above-average attention from contributors and market observers. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
Contributor Headline
Latest Perspective From Macroaxis
BingEx Short Properties
Short-interest signals around BingEx can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Common Stock Shares Outstanding | 23.2 M | |
| Cash And Short Term Investments | 952.2 M |