Adventure Box Stock Forecast - 20 Period Moving Average
| ADVBOX Stock | SEK 0.19 0.01 5.00% |
The 20 Period Moving Average forecasted value of Adventure Box Technology on the next trading day is expected to be 0.24 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.77. Adventure Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Adventure Box stock prices and determine the direction of Adventure Box Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Adventure Box's historical fundamentals, such as revenue growth or operating cash flow patterns.
Adventure |
Adventure Box 20 Period Moving Average Price Forecast For the 1st of December
Given 90 days horizon, the 20 Period Moving Average forecasted value of Adventure Box Technology on the next trading day is expected to be 0.24 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0006, and the sum of the absolute errors of 0.77.Please note that although there have been many attempts to predict Adventure 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 Adventure Box's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Adventure Box Stock Forecast Pattern
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Adventure Box Forecasted Value
In the context of forecasting Adventure Box'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. Adventure Box's downside and upside margins for the forecasting period are 0 and 6.47, respectively. We have considered Adventure Box'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 Adventure Box stock data series using in forecasting. Note that when a statistical model is used to represent Adventure Box 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 | 75.8159 |
| Bias | Arithmetic mean of the errors | 0.011 |
| MAD | Mean absolute deviation | 0.0183 |
| MAPE | Mean absolute percentage error | 0.0779 |
| SAE | Sum of the absolute errors | 0.767 |
Predictive Modules for Adventure Box
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Adventure Box Technology. 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 Adventure Box
For every potential investor in Adventure, whether a beginner or expert, Adventure Box's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Adventure Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Adventure. Basic forecasting techniques help filter out the noise by identifying Adventure Box's price trends.Adventure Box 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 Adventure Box stock to make a market-neutral strategy. Peer analysis of Adventure Box could also be used in its relative valuation, which is a method of valuing Adventure Box by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Adventure Box Technology 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 Adventure Box'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 Adventure Box's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Volume Indicators |
Adventure Box Market Strength Events
Market strength indicators help investors to evaluate how Adventure Box stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adventure Box shares will generate the highest return on investment. By undertsting and applying Adventure Box stock market strength indicators, traders can identify Adventure Box Technology entry and exit signals to maximize returns.
Adventure Box Risk Indicators
The analysis of Adventure Box'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 Adventure Box's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting adventure 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 | 4.1 | |||
| Standard Deviation | 6.19 | |||
| Variance | 38.32 |
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 Adventure Stock
Adventure Box financial ratios help investors to determine whether Adventure 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 Adventure with respect to the benefits of owning Adventure Box security.