NIP Group Stock Forward View
| NIPG Stock | 0.78 0.03 4.00% |
NIP Group American's Naive Prediction reference page covers the model's projected value and error measures from recent price data. The forecast output and associated deviation metrics are shown for informational use.
The Naive Prediction forecasted value of NIP Group American on the next trading day is expected to be 0.71 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.89.This model is not at all useful as a medium-long range forecasting tool of NIP Group American. 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 NIP Group. 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. All Naive Prediction forecast figures shown for NIP Group American are reference data reflecting model output based on available historical prices. NIP Group Cash Forecast
Financial forecasting for NIP Group applies quantitative methods to NIP Group's historical cash flow data. Revenue trends, working capital cycles, and capital expenditure patterns are embedded in NIP Group's historical statements.
Cash | First Reported 2010-12-31 | Previous Quarter 11 M | Current Value 9.5 M | Quarterly Volatility 2.4 M |
Macro event markers
Naive Prediction Price Forecast For the 27th of March
Given 90 days horizon, the Naive Prediction forecasted value of NIP Group American on the next trading day is expected to be 0.71 with a mean absolute deviation of 0.03 , mean absolute percentage error of 0.0015 , and the sum of the absolute errors of 1.89 .Please note that although there have been many attempts to predict NIP 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 NIP Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest NIP Group | NIP Group Price Prediction | Research Analysis |
Forecasted Value
Forecasting NIP Group American 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 0.01 and upside around 5.04 for the forecasting period.
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 NIP Group stock data series using in forecasting. Note that when a statistical model is used to represent NIP Group 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 | 113.4657 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0304 |
| MAPE | Mean absolute percentage error | 0.0333 |
| SAE | Sum of the absolute errors | 1.8873 |
Other Forecasting Options for NIP Group
Bollinger Bands applied to NIP Stock price data measure how far NIP has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to NIP Group's price data.NIP Group Related Equities
These stocks within the Consumer Discretionary space are often compared to NIP Group by analysts and fund managers in the sector. Peer review on balance sheet metrics shows how NIP Group's capital structure stacks up against similar firms. Peer review is most useful when paired with absolute pricing and trend checks. The peer review below gives a clear framework for judging NIP Group's standing among rivals.
| Risk & Return | Correlation |
NIP Group Market Strength Events
For investors tracking NIP Group American, market strength indicators offer quantitative evaluation of stock behavior. These indicators add context to timing decisions around NIP Group American positions.
NIP Group Risk Indicators
Analyzing NIP Group's basic risk indicators provides investors with a structured view of the risk-return trade-off for nip stock. By identifying the level of risk embedded in NIP Group's investment, investors can make informed decisions about position sizing.
| Mean Deviation | 2.89 | |||
| Standard Deviation | 4.18 | |||
| Variance | 17.46 |
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 NIP Group
The amount of media and story coverage tied to NIP Group American can signal where market attention is concentrating at the moment. A disciplined read of coverage separates durable relevance from temporary noise.
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NIP Group Short Properties
Short-interest signals around NIP Group American 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 | 37.6 M | |
| Cash And Short Term Investments | 12.6 M |