Argo Properties Stock Forecast - Naive Prediction

Argo Properties Additional Predictive Modules

Most predictive techniques to examine Argo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Argo using various technical indicators. When you analyze Argo 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 naive forecasting model for Argo Properties is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Argo Properties NV value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Argo Properties Naive Prediction Price Forecast For the 25th of January

Given 90 days horizon, the Naive Prediction forecasted value of Argo Properties NV on the next trading day is expected to be 13,528 with a mean absolute deviation of 185.76, mean absolute percentage error of 59,027, and the sum of the absolute errors of 11,331.

Argo Properties Stock Forecast Pattern

Backtest Argo Properties

Argo Properties Price Prediction

Buy or Sell Advice

Argo Properties Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Argo Properties stock data series using in forecasting. Note that when a statistical model is used to represent Argo Properties 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. This model is not at all useful as a medium-long range forecasting tool of Argo Properties NV. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Argo Properties. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Argo Properties

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Argo Properties NV. 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 Low Estimated High 13,858 13,860 13,862 Details

Intrinsic Valuation Low Real High 11,122 11,124 15,246 Details

Bollinger Band Projection (param) Low Middle High 11,878 13,088 14,297 Details

Argo Properties After-Hype Price Prediction Density Analysis

Argo Properties Estimiated After-Hype Price Volatility

Argo Properties Stock Price Prediction Analysis

Argo Properties Hype Timeline

Argo Properties NV is presently traded for 13,860on Tel Aviv Stock Exchange of Israel. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Argo is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 0.27%. %. The volatility of related hype on Argo Properties is about 0.0%, with the expected price after the next announcement by competition of 13,860. About 30.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.67. Some equities with similar Price to Book (P/B) outperform the market in the long run. Argo Properties NV recorded earning per share (EPS) of 7.81. The entity had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Argo Properties to cross-verify your projections.

Argo Properties Related Hype Analysis

Other Forecasting Options for Argo Properties

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

Argo Properties Related Equities

Risk & Return

Correlation

Argo Properties Market Strength Events

Argo Properties Risk Indicators

Story Coverage note for Argo Properties

Other Macroaxis Stories

Other Information on Investing in Argo Stock