GAMES OPERATORS Stock Forecast - 20 Period Moving Average
| 8P7 Stock | EUR 3.43 0.07 2.00% |
The 20 Period Moving Average forecasted value of GAMES OPERATORS SA on the next trading day is expected to be 3.41 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 8.40. GAMES Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of GAMES OPERATORS's historical fundamentals, such as revenue growth or operating cash flow patterns.
GAMES |
GAMES OPERATORS 20 Period Moving Average Price Forecast For the 10th of January
Given 90 days horizon, the 20 Period Moving Average forecasted value of GAMES OPERATORS SA on the next trading day is expected to be 3.41 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.06, and the sum of the absolute errors of 8.40.Please note that although there have been many attempts to predict GAMES 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 GAMES OPERATORS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
GAMES OPERATORS Stock Forecast Pattern
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GAMES OPERATORS Forecasted Value
In the context of forecasting GAMES OPERATORS'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. GAMES OPERATORS's downside and upside margins for the forecasting period are 0.60 and 6.22, respectively. We have considered GAMES OPERATORS'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 GAMES OPERATORS stock data series using in forecasting. Note that when a statistical model is used to represent GAMES OPERATORS 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 | 78.5233 |
| Bias | Arithmetic mean of the errors | 0.1504 |
| MAD | Mean absolute deviation | 0.2048 |
| MAPE | Mean absolute percentage error | 0.0577 |
| SAE | Sum of the absolute errors | 8.396 |
Predictive Modules for GAMES OPERATORS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as GAMES OPERATORS SA. 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 GAMES OPERATORS
For every potential investor in GAMES, whether a beginner or expert, GAMES OPERATORS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. GAMES Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in GAMES. Basic forecasting techniques help filter out the noise by identifying GAMES OPERATORS's price trends.GAMES OPERATORS 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 GAMES OPERATORS stock to make a market-neutral strategy. Peer analysis of GAMES OPERATORS could also be used in its relative valuation, which is a method of valuing GAMES OPERATORS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
GAMES OPERATORS SA 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 GAMES OPERATORS'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 GAMES OPERATORS's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
GAMES OPERATORS Market Strength Events
Market strength indicators help investors to evaluate how GAMES OPERATORS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GAMES OPERATORS shares will generate the highest return on investment. By undertsting and applying GAMES OPERATORS stock market strength indicators, traders can identify GAMES OPERATORS SA entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 3.43 | |||
| Day Typical Price | 3.43 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.07) |
GAMES OPERATORS Risk Indicators
The analysis of GAMES OPERATORS'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 GAMES OPERATORS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting games 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 | 2.07 | |||
| Standard Deviation | 2.75 | |||
| Variance | 7.55 |
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 GAMES Stock
GAMES OPERATORS financial ratios help investors to determine whether GAMES 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 GAMES with respect to the benefits of owning GAMES OPERATORS security.