Peloton Interactive Stock Forecast - 20 Period Moving Average
| 2ON Stock | EUR 9.15 1.16 14.52% |
The 20 Period Moving Average forecasted value of Peloton Interactive on the next trading day is expected to be 7.53 with a mean absolute deviation of 0.96 and the sum of the absolute errors of 39.24. Peloton Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Peloton Interactive's historical fundamentals, such as revenue growth or operating cash flow patterns.
Peloton |
Peloton Interactive 20 Period Moving Average Price Forecast For the 25th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Peloton Interactive on the next trading day is expected to be 7.53 with a mean absolute deviation of 0.96, mean absolute percentage error of 1.47, and the sum of the absolute errors of 39.24.Please note that although there have been many attempts to predict Peloton Stock 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 Peloton Interactive's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Peloton Interactive Stock Forecast Pattern
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Peloton Interactive Forecasted Value
In the context of forecasting Peloton Interactive's Stock 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. Peloton Interactive's downside and upside margins for the forecasting period are 1.24 and 13.82, respectively. We have considered Peloton Interactive'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Peloton Interactive stock data series using in forecasting. Note that when a statistical model is used to represent Peloton Interactive 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 | 81.7375 |
| Bias | Arithmetic mean of the errors | -0.9299 |
| MAD | Mean absolute deviation | 0.957 |
| MAPE | Mean absolute percentage error | 0.141 |
| SAE | Sum of the absolute errors | 39.236 |
Predictive Modules for Peloton Interactive
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Peloton Interactive. 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.Other Forecasting Options for Peloton Interactive
For every potential investor in Peloton, whether a beginner or expert, Peloton Interactive's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Peloton Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Peloton. Basic forecasting techniques help filter out the noise by identifying Peloton Interactive's price trends.Peloton Interactive 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 Peloton Interactive stock to make a market-neutral strategy. Peer analysis of Peloton Interactive could also be used in its relative valuation, which is a method of valuing Peloton Interactive by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Peloton Interactive 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 Peloton Interactive'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 Peloton Interactive's current price.| Cycle Indicators | ||
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Peloton Interactive Market Strength Events
Market strength indicators help investors to evaluate how Peloton Interactive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Peloton Interactive shares will generate the highest return on investment. By undertsting and applying Peloton Interactive stock market strength indicators, traders can identify Peloton Interactive entry and exit signals to maximize returns.
Peloton Interactive Risk Indicators
The analysis of Peloton Interactive'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 Peloton Interactive's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting peloton stock 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.
| Mean Deviation | 4.62 | |||
| Semi Deviation | 3.55 | |||
| Standard Deviation | 6.32 | |||
| Variance | 39.94 | |||
| Downside Variance | 19.25 | |||
| Semi Variance | 12.61 | |||
| Expected Short fall | (5.50) |
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.
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Additional Information and Resources on Investing in Peloton Stock
When determining whether Peloton Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Peloton Interactive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Peloton Interactive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Peloton Interactive Stock:Check out Historical Fundamental Analysis of Peloton Interactive to cross-verify your projections. For more detail on how to invest in Peloton Stock please use our How to Invest in Peloton Interactive guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.