Carlos Casado Stock Forecast - 20 Period Moving Average
| CADO Stock | ARS 518.00 3.00 0.58% |
The 20 Period Moving Average forecasted value of Carlos Casado on the next trading day is expected to be 507.15 with a mean absolute deviation of 20.21 and the sum of the absolute errors of 828.68. Carlos Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Carlos Casado stock prices and determine the direction of Carlos Casado's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Carlos Casado's historical fundamentals, such as revenue growth or operating cash flow patterns.
Carlos |
Carlos Casado 20 Period Moving Average Price Forecast For the 2nd of December
Given 90 days horizon, the 20 Period Moving Average forecasted value of Carlos Casado on the next trading day is expected to be 507.15 with a mean absolute deviation of 20.21, mean absolute percentage error of 488.25, and the sum of the absolute errors of 828.68.Please note that although there have been many attempts to predict Carlos 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 Carlos Casado's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Carlos Casado Stock Forecast Pattern
| Backtest Carlos Casado | Carlos Casado Price Prediction | Buy or Sell Advice |
Carlos Casado Forecasted Value
In the context of forecasting Carlos Casado'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. Carlos Casado's downside and upside margins for the forecasting period are 505.53 and 508.77, respectively. We have considered Carlos Casado'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Carlos Casado stock data series using in forecasting. Note that when a statistical model is used to represent Carlos Casado 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 | 87.5438 |
| Bias | Arithmetic mean of the errors | -1.0591 |
| MAD | Mean absolute deviation | 20.2116 |
| MAPE | Mean absolute percentage error | 0.0411 |
| SAE | Sum of the absolute errors | 828.675 |
Predictive Modules for Carlos Casado
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Carlos Casado. 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 Carlos Casado
For every potential investor in Carlos, whether a beginner or expert, Carlos Casado's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Carlos Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Carlos. Basic forecasting techniques help filter out the noise by identifying Carlos Casado's price trends.Carlos Casado 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 Carlos Casado stock to make a market-neutral strategy. Peer analysis of Carlos Casado could also be used in its relative valuation, which is a method of valuing Carlos Casado by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Carlos Casado 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 Carlos Casado'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 Carlos Casado's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Carlos Casado Market Strength Events
Market strength indicators help investors to evaluate how Carlos Casado stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carlos Casado shares will generate the highest return on investment. By undertsting and applying Carlos Casado stock market strength indicators, traders can identify Carlos Casado entry and exit signals to maximize returns.
Carlos Casado Risk Indicators
The analysis of Carlos Casado'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 Carlos Casado's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting carlos 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 | 1.07 | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.6 |
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.Other Information on Investing in Carlos Stock
Carlos Casado financial ratios help investors to determine whether Carlos Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Carlos with respect to the benefits of owning Carlos Casado security.