Ainsworth Game Stock Forecast - 4 Period Moving Average

AGI Stock   0.76  0.03  4.11%   
The 4 Period Moving Average forecasted value of Ainsworth Game Technology on the next trading day is expected to be 0.74 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.22. Ainsworth Stock Forecast is based on your current time horizon.
  
At this time, Ainsworth Game's Non Currrent Assets Other are comparatively stable compared to the past year. Good Will is likely to gain to about 43.9 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 187.6 M in 2024.
A four-period moving average forecast model for Ainsworth Game Technology is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Ainsworth Game 4 Period Moving Average Price Forecast For the 27th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Ainsworth Game Technology on the next trading day is expected to be 0.74 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0007, and the sum of the absolute errors of 1.22.
Please note that although there have been many attempts to predict Ainsworth 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 Ainsworth Game's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ainsworth Game Stock Forecast Pattern

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Ainsworth Game Forecasted Value

In the context of forecasting Ainsworth Game'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. Ainsworth Game's downside and upside margins for the forecasting period are 0.01 and 3.77, respectively. We have considered Ainsworth Game'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
0.76
0.74
Expected Value
3.77
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Ainsworth Game stock data series using in forecasting. Note that when a statistical model is used to represent Ainsworth Game 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 Criteria103.5381
BiasArithmetic mean of the errors 0.0044
MADMean absolute deviation0.0213
MAPEMean absolute percentage error0.028
SAESum of the absolute errors1.215
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Ainsworth Game. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Ainsworth Game Technology and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Ainsworth Game

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ainsworth Game 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.
Hype
Prediction
LowEstimatedHigh
0.040.723.73
Details
Intrinsic
Valuation
LowRealHigh
0.030.633.64
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.020.020.02
Details

Other Forecasting Options for Ainsworth Game

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

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

Ainsworth Game 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 Ainsworth Game'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 Ainsworth Game's current price.

Ainsworth Game Market Strength Events

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

Ainsworth Game Risk Indicators

The analysis of Ainsworth Game'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 Ainsworth Game's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ainsworth 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.

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Ainsworth Stock Analysis

When running Ainsworth Game's price analysis, check to measure Ainsworth Game's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ainsworth Game is operating at the current time. Most of Ainsworth Game's value examination focuses on studying past and present price action to predict the probability of Ainsworth Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ainsworth Game's price. Additionally, you may evaluate how the addition of Ainsworth Game to your portfolios can decrease your overall portfolio volatility.