Dagi Yatirim Stock Forecast - Naive Prediction

DAGHL Stock  TRY 16.59  0.30  1.84%   
The Naive Prediction forecasted value of Dagi Yatirim Holding on the next trading day is expected to be 16.07 with a mean absolute deviation of 0.47 and the sum of the absolute errors of 28.64. Dagi Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Dagi Yatirim's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Dagi Yatirim is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Dagi Yatirim Holding 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.

Dagi Yatirim Naive Prediction Price Forecast For the 29th of November

Given 90 days horizon, the Naive Prediction forecasted value of Dagi Yatirim Holding on the next trading day is expected to be 16.07 with a mean absolute deviation of 0.47, mean absolute percentage error of 0.36, and the sum of the absolute errors of 28.64.
Please note that although there have been many attempts to predict Dagi 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 Dagi Yatirim's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dagi Yatirim Stock Forecast Pattern

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Dagi Yatirim Forecasted Value

In the context of forecasting Dagi Yatirim'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. Dagi Yatirim's downside and upside margins for the forecasting period are 13.03 and 19.12, respectively. We have considered Dagi Yatirim'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
16.59
16.07
Expected Value
19.12
Upside

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 Dagi Yatirim stock data series using in forecasting. Note that when a statistical model is used to represent Dagi Yatirim 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 Criteria117.0769
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4696
MAPEMean absolute percentage error0.0281
SAESum of the absolute errors28.6449
This model is not at all useful as a medium-long range forecasting tool of Dagi Yatirim Holding. 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 Dagi Yatirim. 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 Dagi Yatirim

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dagi Yatirim Holding. 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
13.5416.5919.64
Details
Intrinsic
Valuation
LowRealHigh
10.7913.8416.89
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.1716.6117.05
Details

Other Forecasting Options for Dagi Yatirim

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

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

Dagi Yatirim Holding 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 Dagi Yatirim'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 Dagi Yatirim's current price.

Dagi Yatirim Market Strength Events

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

Dagi Yatirim Risk Indicators

The analysis of Dagi Yatirim'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 Dagi Yatirim's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dagi 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.
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Other Information on Investing in Dagi Stock

Dagi Yatirim financial ratios help investors to determine whether Dagi 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 Dagi with respect to the benefits of owning Dagi Yatirim security.