Equity Residential Stock Forecast - 20 Period Moving Average
E1QR34 Stock | BRL 207.27 5.67 2.66% |
The 20 Period Moving Average forecasted value of Equity Residential on the next trading day is expected to be 221.56 with a mean absolute deviation of 8.45 and the sum of the absolute errors of 346.25. Equity Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Equity Residential stock prices and determine the direction of Equity Residential's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Equity Residential's historical fundamentals, such as revenue growth or operating cash flow patterns.
Equity |
Equity Residential 20 Period Moving Average Price Forecast For the 15th of February 2025
Given 90 days horizon, the 20 Period Moving Average forecasted value of Equity Residential on the next trading day is expected to be 221.56 with a mean absolute deviation of 8.45, mean absolute percentage error of 126.63, and the sum of the absolute errors of 346.25.Please note that although there have been many attempts to predict Equity 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 Equity Residential's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Equity Residential Stock Forecast Pattern
Backtest Equity Residential | Equity Residential Price Prediction | Buy or Sell Advice |
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 Equity Residential stock data series using in forecasting. Note that when a statistical model is used to represent Equity Residential 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 | 86.1942 |
Bias | Arithmetic mean of the errors | -2.8139 |
MAD | Mean absolute deviation | 8.4452 |
MAPE | Mean absolute percentage error | 0.0388 |
SAE | Sum of the absolute errors | 346.2545 |
Predictive Modules for Equity Residential
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Equity Residential. 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.Equity Residential 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 Equity Residential stock to make a market-neutral strategy. Peer analysis of Equity Residential could also be used in its relative valuation, which is a method of valuing Equity Residential by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Equity Residential Market Strength Events
Market strength indicators help investors to evaluate how Equity Residential stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Equity Residential shares will generate the highest return on investment. By undertsting and applying Equity Residential stock market strength indicators, traders can identify Equity Residential entry and exit signals to maximize returns.
Accumulation Distribution | 0.0266 | |||
Daily Balance Of Power | (1.00) | |||
Rate Of Daily Change | 0.97 | |||
Day Median Price | 210.11 | |||
Day Typical Price | 209.16 | |||
Market Facilitation Index | 5.67 | |||
Price Action Indicator | (5.67) | |||
Period Momentum Indicator | (5.67) | |||
Relative Strength Index | 59.87 |
Equity Residential Risk Indicators
The analysis of Equity Residential'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 Equity Residential's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting equity 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 | 0.8153 | |||
Semi Deviation | 1.19 | |||
Standard Deviation | 2.37 | |||
Variance | 5.6 | |||
Downside Variance | 6.88 | |||
Semi Variance | 1.41 | |||
Expected Short fall | (3.86) |
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 Equity Stock
When determining whether Equity Residential is a strong investment it is important to analyze Equity Residential's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Equity Residential's future performance. For an informed investment choice regarding Equity Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.