DCC Plc Stock Forecast - Simple Moving Average

DCC Stock   5,725  25.00  0.43%   
The Simple Moving Average forecasted value of DCC plc on the next trading day is expected to be 5,725 with a mean absolute deviation of 68.65 and the sum of the absolute errors of 4,050. DCC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast DCC Plc stock prices and determine the direction of DCC plc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of DCC Plc's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, DCC Plc's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 1.3 B, whereas Cash And Short Term Investments are forecasted to decline to about 677 M.
A two period moving average forecast for DCC Plc is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

DCC Plc Simple Moving Average Price Forecast For the 1st of December

Given 90 days horizon, the Simple Moving Average forecasted value of DCC plc on the next trading day is expected to be 5,725 with a mean absolute deviation of 68.65, mean absolute percentage error of 14,881, and the sum of the absolute errors of 4,050.
Please note that although there have been many attempts to predict DCC 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 DCC Plc's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

DCC Plc Stock Forecast Pattern

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DCC Plc Forecasted Value

In the context of forecasting DCC Plc'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. DCC Plc's downside and upside margins for the forecasting period are 5,723 and 5,727, respectively. We have considered DCC Plc'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
5,725
5,725
Expected Value
5,727
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of DCC Plc stock data series using in forecasting. Note that when a statistical model is used to represent DCC Plc 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 Criteria124.0426
BiasArithmetic mean of the errors -17.082
MADMean absolute deviation68.6517
MAPEMean absolute percentage error0.0131
SAESum of the absolute errors4050.45
The simple moving average model is conceptually a linear regression of the current value of DCC plc price series against current and previous (unobserved) value of DCC Plc. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for DCC Plc

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DCC plc. 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
5,7155,7186,298
Details
Intrinsic
Valuation
LowRealHigh
5,0545,0566,298
Details
Bollinger
Band Projection (param)
LowMiddleHigh
5,6215,7045,787
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.181.201.22
Details

Other Forecasting Options for DCC Plc

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

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

DCC plc 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 DCC Plc'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 DCC Plc's current price.

DCC Plc Market Strength Events

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

DCC Plc Risk Indicators

The analysis of DCC Plc'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 DCC Plc's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dcc 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.

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 DCC Stock

DCC Plc financial ratios help investors to determine whether DCC 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 DCC with respect to the benefits of owning DCC Plc security.