Banco Macro Stock Forecast - 4 Period Moving Average
| BMA Stock | ARS 9,210 220.00 2.45% |
The 4 Period Moving Average forecasted value of Banco Macro SA on the next trading day is expected to be 9,130 with a mean absolute deviation of 236.67 and the sum of the absolute errors of 13,490. Banco Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Banco Macro stock prices and determine the direction of Banco Macro SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Banco Macro's historical fundamentals, such as revenue growth or operating cash flow patterns.
Banco |
Banco Macro 4 Period Moving Average Price Forecast For the 29th of November
Given 90 days horizon, the 4 Period Moving Average forecasted value of Banco Macro SA on the next trading day is expected to be 9,130 with a mean absolute deviation of 236.67, mean absolute percentage error of 88,201, and the sum of the absolute errors of 13,490.Please note that although there have been many attempts to predict Banco 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 Banco Macro's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Banco Macro Stock Forecast Pattern
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Banco Macro Forecasted Value
In the context of forecasting Banco Macro'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. Banco Macro's downside and upside margins for the forecasting period are 9,127 and 9,133, respectively. We have considered Banco Macro'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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Banco Macro stock data series using in forecasting. Note that when a statistical model is used to represent Banco Macro 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 | 122.1464 |
| Bias | Arithmetic mean of the errors | -49.9123 |
| MAD | Mean absolute deviation | 236.6667 |
| MAPE | Mean absolute percentage error | 0.0272 |
| SAE | Sum of the absolute errors | 13490.0 |
Predictive Modules for Banco Macro
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Banco Macro SA. 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 Banco Macro
For every potential investor in Banco, whether a beginner or expert, Banco Macro's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Banco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Banco. Basic forecasting techniques help filter out the noise by identifying Banco Macro's price trends.Banco Macro 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 Banco Macro stock to make a market-neutral strategy. Peer analysis of Banco Macro could also be used in its relative valuation, which is a method of valuing Banco Macro by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Banco Macro SA 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 Banco Macro'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 Banco Macro's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Banco Macro Market Strength Events
Market strength indicators help investors to evaluate how Banco Macro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Banco Macro shares will generate the highest return on investment. By undertsting and applying Banco Macro stock market strength indicators, traders can identify Banco Macro SA entry and exit signals to maximize returns.
| Accumulation Distribution | 11652.41 | |||
| Daily Balance Of Power | 0.7586 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 9195.0 | |||
| Day Typical Price | 9200.0 | |||
| Market Facilitation Index | 8.0E-4 | |||
| Price Action Indicator | 125.0 | |||
| Period Momentum Indicator | 220.0 |
Banco Macro Risk Indicators
The analysis of Banco Macro'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 Banco Macro's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting banco 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 | 2.26 | |||
| Semi Deviation | 2.19 | |||
| Standard Deviation | 2.89 | |||
| Variance | 8.37 | |||
| Downside Variance | 6.66 | |||
| Semi Variance | 4.81 | |||
| Expected Short fall | (2.64) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Banco Stock
When determining whether Banco Macro SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banco Macro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Banco Macro Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banco Macro Sa Stock:Check out Historical Fundamental Analysis of Banco Macro to cross-verify your projections. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.