AMG Advanced Stock Forecast - Simple Moving Average

AMG Stock  EUR 29.58  1.18  4.15%   
The Simple Moving Average forecasted value of AMG Advanced Metallurgical on the next trading day is expected to be 29.58 with a mean absolute deviation of 0.55 and the sum of the absolute errors of 32.56. AMG Stock Forecast is based on your current time horizon.
At this time the value of rsi of AMG Advanced's share price is below 20 . This suggests that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of AMG Advanced's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of AMG Advanced and does not consider all of the tangible or intangible factors available from AMG Advanced's fundamental data. We analyze noise-free headlines and recent hype associated with AMG Advanced Metallurgical, which may create opportunities for some arbitrage if properly timed.
Using AMG Advanced hype-based prediction, you can estimate the value of AMG Advanced Metallurgical from the perspective of AMG Advanced response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of AMG Advanced Metallurgical on the next trading day is expected to be 29.58 with a mean absolute deviation of 0.55 and the sum of the absolute errors of 32.56.

AMG Advanced after-hype prediction price

    
  EUR 29.58  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of AMG Advanced to cross-verify your projections.

AMG Advanced Additional Predictive Modules

Most predictive techniques to examine AMG price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for AMG using various technical indicators. When you analyze AMG charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
A two period moving average forecast for AMG Advanced is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

AMG Advanced Simple Moving Average Price Forecast For the 5th of January

Given 90 days horizon, the Simple Moving Average forecasted value of AMG Advanced Metallurgical on the next trading day is expected to be 29.58 with a mean absolute deviation of 0.55, mean absolute percentage error of 0.54, and the sum of the absolute errors of 32.56.
Please note that although there have been many attempts to predict AMG 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 AMG Advanced's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

AMG Advanced Stock Forecast Pattern

Backtest AMG AdvancedAMG Advanced Price PredictionBuy or Sell Advice 

AMG Advanced Forecasted Value

In the context of forecasting AMG Advanced'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. AMG Advanced's downside and upside margins for the forecasting period are 27.26 and 31.90, respectively. We have considered AMG Advanced'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
29.58
29.58
Expected Value
31.90
Upside

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 AMG Advanced stock data series using in forecasting. Note that when a statistical model is used to represent AMG Advanced 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 Criteria113.8257
BiasArithmetic mean of the errors 0.0169
MADMean absolute deviation0.5519
MAPEMean absolute percentage error0.0197
SAESum of the absolute errors32.56
The simple moving average model is conceptually a linear regression of the current value of AMG Advanced Metallurgical price series against current and previous (unobserved) value of AMG Advanced. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for AMG Advanced

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AMG Advanced Metallu. 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
27.2429.5831.92
Details
Intrinsic
Valuation
LowRealHigh
24.0126.3532.54
Details
Bollinger
Band Projection (param)
LowMiddleHigh
24.8326.7828.72
Details

Other Forecasting Options for AMG Advanced

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

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

AMG Advanced Metallu 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 AMG Advanced'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 AMG Advanced's current price.

AMG Advanced Market Strength Events

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

AMG Advanced Risk Indicators

The analysis of AMG Advanced'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 AMG Advanced's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amg 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

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for AMG Stock Analysis

When running AMG Advanced's price analysis, check to measure AMG Advanced'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 AMG Advanced is operating at the current time. Most of AMG Advanced's value examination focuses on studying past and present price action to predict the probability of AMG Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMG Advanced's price. Additionally, you may evaluate how the addition of AMG Advanced to your portfolios can decrease your overall portfolio volatility.