Eastroc Beverage Stock Forecast - 8 Period Moving Average

605499 Stock   212.92  1.42  0.67%   
The 8 Period Moving Average forecasted value of Eastroc Beverage Group on the next trading day is expected to be 215.33 with a mean absolute deviation of 5.93 and the sum of the absolute errors of 314.03. Eastroc Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Eastroc Beverage stock prices and determine the direction of Eastroc Beverage Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Eastroc Beverage's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Eastroc Beverage's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 4 B, whereas Other Current Liabilities is forecasted to decline to about 152.1 M.
An 8-period moving average forecast model for Eastroc Beverage is based on an artificially constructed time series of Eastroc Beverage daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Eastroc Beverage 8 Period Moving Average Price Forecast For the 28th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of Eastroc Beverage Group on the next trading day is expected to be 215.33 with a mean absolute deviation of 5.93, mean absolute percentage error of 109.21, and the sum of the absolute errors of 314.03.
Please note that although there have been many attempts to predict Eastroc 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 Eastroc Beverage's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Eastroc Beverage Stock Forecast Pattern

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Eastroc Beverage Forecasted Value

In the context of forecasting Eastroc Beverage'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. Eastroc Beverage's downside and upside margins for the forecasting period are 212.99 and 217.67, respectively. We have considered Eastroc Beverage'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.
Market Value
212.92
212.99
Downside
215.33
Expected Value
217.67
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Eastroc Beverage stock data series using in forecasting. Note that when a statistical model is used to represent Eastroc Beverage 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.
AICAkaike Information Criteria108.1007
BiasArithmetic mean of the errors -3.203
MADMean absolute deviation5.925
MAPEMean absolute percentage error0.0282
SAESum of the absolute errors314.0262
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Eastroc Beverage Group 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Eastroc Beverage

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eastroc Beverage. 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
LowEstimatedHigh
209.15211.49213.83
Details
Intrinsic
Valuation
LowRealHigh
170.20172.54232.65
Details
Bollinger
Band Projection (param)
LowMiddleHigh
206.92213.42219.92
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eastroc Beverage. Your research has to be compared to or analyzed against Eastroc Beverage's peers to derive any actionable benefits. When done correctly, Eastroc Beverage'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 Eastroc Beverage.

Other Forecasting Options for Eastroc Beverage

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

Eastroc Beverage 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 Eastroc Beverage stock to make a market-neutral strategy. Peer analysis of Eastroc Beverage could also be used in its relative valuation, which is a method of valuing Eastroc Beverage by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Eastroc Beverage 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 Eastroc Beverage'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 Eastroc Beverage's current price.

Eastroc Beverage Market Strength Events

Market strength indicators help investors to evaluate how Eastroc Beverage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eastroc Beverage shares will generate the highest return on investment. By undertsting and applying Eastroc Beverage stock market strength indicators, traders can identify Eastroc Beverage Group entry and exit signals to maximize returns.

Eastroc Beverage Risk Indicators

The analysis of Eastroc Beverage'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 Eastroc Beverage's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eastroc 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.
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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Other Information on Investing in Eastroc Stock

Eastroc Beverage financial ratios help investors to determine whether Eastroc Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eastroc with respect to the benefits of owning Eastroc Beverage security.