Amani Gold Stock Forecast - 8 Period Moving Average

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The 8 Period Moving Average forecasted value of Amani Gold on the next trading day is expected to be 0 with a mean absolute deviation of 0.00 and the sum of the absolute errors of 0.00. Amani Stock Forecast is based on your current time horizon.
  
At this time, Amani Gold's Total Current Assets are comparatively stable compared to the past year. Common Stock is likely to gain to about 100.5 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 23.3 M in 2024.
An 8-period moving average forecast model for Amani Gold is based on an artificially constructed time series of Amani Gold daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Amani Gold 8 Period Moving Average Price Forecast For the 28th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of Amani Gold on the next trading day is expected to be 0 with a mean absolute deviation of 0.00, mean absolute percentage error of 0.00, and the sum of the absolute errors of 0.00.
Please note that although there have been many attempts to predict Amani 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 Amani Gold's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Amani Gold Stock Forecast Pattern

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Amani Gold Forecasted Value

In the context of forecasting Amani Gold'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. Amani Gold's downside and upside margins for the forecasting period are 0 and 0, respectively. We have considered Amani Gold'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.
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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Amani Gold stock data series using in forecasting. Note that when a statistical model is used to represent Amani Gold 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 Criteria-9.223372036854776E14
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Amani Gold 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Amani Gold

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amani Gold. 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.
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Other Forecasting Options for Amani Gold

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

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

Amani Gold 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 Amani Gold'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 Amani Gold's current price.

Amani Gold Market Strength Events

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

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Amani Stock Analysis

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