Doosan Heavy Stock Forecast - 4 Period Moving Average

A four-period moving average forecast model for Doosan Heavy Ind is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Doosan Heavy 4 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Doosan Heavy Ind on the next trading day is expected to be 21,262 with a mean absolute deviation of 581.03, mean absolute percentage error of 550,313, and the sum of the absolute errors of 33,700.

Doosan Heavy Stock Forecast Pattern

Backtest Doosan Heavy

Doosan Heavy Price Prediction

Buy or Sell Advice

Doosan Heavy Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Doosan Heavy stock data series using in forecasting. Note that when a statistical model is used to represent Doosan Heavy 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. The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Doosan Heavy. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Doosan Heavy Ind and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Doosan Heavy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Doosan Heavy Ind. 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.

Hype Prediction Low Estimated High 21,447 21,450 21,453 Details

Intrinsic Valuation Low Real High 20,427 20,430 23,595 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Doosan Heavy. Your research has to be compared to or analyzed against Doosan Heavy's peers to derive any actionable benefits. When done correctly, Doosan Heavy'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 Doosan Heavy Ind.

Other Forecasting Options for Doosan Heavy

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

Doosan Heavy Related Equities

Risk & Return

Correlation

Doosan Heavy Ind 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 Doosan Heavy'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 Doosan Heavy's current price.

Doosan Heavy Market Strength Events

Doosan Heavy Risk Indicators

Pair Trading with Doosan Heavy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Doosan Heavy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Doosan Heavy will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Doosan Stock