Arrow Electronics, Stock Forecast - Simple Moving Average
| A2RW34 Stock | 47.70 0.00 0.00% |
Arrow |
Arrow Electronics, Simple Moving Average Price Forecast For the 19th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Arrow Electronics, on the next trading day is expected to be 47.70 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.29, and the sum of the absolute errors of 11.46.Please note that although there have been many attempts to predict Arrow 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 Arrow Electronics,'s next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Arrow Electronics, Stock Forecast Pattern
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Arrow Electronics, stock data series using in forecasting. Note that when a statistical model is used to represent Arrow Electronics, 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 | 113.2082 |
| Bias | Arithmetic mean of the errors | -0.014 |
| MAD | Mean absolute deviation | 0.1942 |
| MAPE | Mean absolute percentage error | 0.0041 |
| SAE | Sum of the absolute errors | 11.455 |
Predictive Modules for Arrow Electronics,
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Arrow Electronics,. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Arrow Electronics,. Your research has to be compared to or analyzed against Arrow Electronics,'s peers to derive any actionable benefits. When done correctly, Arrow Electronics,'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 Arrow Electronics,.Arrow Electronics, 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 Arrow Electronics, stock to make a market-neutral strategy. Peer analysis of Arrow Electronics, could also be used in its relative valuation, which is a method of valuing Arrow Electronics, by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Arrow Electronics, Market Strength Events
Market strength indicators help investors to evaluate how Arrow Electronics, stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arrow Electronics, shares will generate the highest return on investment. By undertsting and applying Arrow Electronics, stock market strength indicators, traders can identify Arrow Electronics, entry and exit signals to maximize returns.
Arrow Electronics, Risk Indicators
The analysis of Arrow Electronics,'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 Arrow Electronics,'s investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting arrow 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 | 0.297 | |||
| Semi Deviation | 0.4888 | |||
| Standard Deviation | 1.04 | |||
| Variance | 1.08 | |||
| Downside Variance | 2.63 | |||
| Semi Variance | 0.2389 | |||
| Expected Short fall | (2.47) |
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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