EPAM Systems Stock Forecast - Naive Prediction
| E2PA34 Stock | 19.32 0.07 0.36% |
Momentum 0
Sell Peaked
Oversold | Overbought |
Using EPAM Systems hype-based prediction, you can estimate the value of EPAM Systems from the perspective of EPAM Systems response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of EPAM Systems on the next trading day is expected to be 19.78 with a mean absolute deviation of 0.29 and the sum of the absolute errors of 17.52. EPAM Systems after-hype prediction price | BRL 19.32 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
EPAM |
EPAM Systems Additional Predictive Modules
Most predictive techniques to examine EPAM price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for EPAM using various technical indicators. When you analyze EPAM charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
EPAM Systems Naive Prediction Price Forecast For the 21st of January
Given 90 days horizon, the Naive Prediction forecasted value of EPAM Systems on the next trading day is expected to be 19.78 with a mean absolute deviation of 0.29, mean absolute percentage error of 0.13, and the sum of the absolute errors of 17.52.Please note that although there have been many attempts to predict EPAM 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 EPAM Systems' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
EPAM Systems Stock Forecast Pattern
EPAM Systems Forecasted Value
In the context of forecasting EPAM Systems' 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. EPAM Systems' downside and upside margins for the forecasting period are 18.12 and 21.44, respectively. We have considered EPAM Systems' 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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of EPAM Systems stock data series using in forecasting. Note that when a statistical model is used to represent EPAM Systems 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 | 116.063 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2872 |
| MAPE | Mean absolute percentage error | 0.0171 |
| SAE | Sum of the absolute errors | 17.5215 |
Predictive Modules for EPAM Systems
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EPAM Systems. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as EPAM Systems. Your research has to be compared to or analyzed against EPAM Systems' peers to derive any actionable benefits. When done correctly, EPAM Systems' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in EPAM Systems.Other Forecasting Options for EPAM Systems
For every potential investor in EPAM, whether a beginner or expert, EPAM Systems' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EPAM Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EPAM. Basic forecasting techniques help filter out the noise by identifying EPAM Systems' price trends.EPAM Systems 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 EPAM Systems stock to make a market-neutral strategy. Peer analysis of EPAM Systems could also be used in its relative valuation, which is a method of valuing EPAM Systems by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
EPAM Systems 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 EPAM Systems' 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 EPAM Systems' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
EPAM Systems Market Strength Events
Market strength indicators help investors to evaluate how EPAM Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EPAM Systems shares will generate the highest return on investment. By undertsting and applying EPAM Systems stock market strength indicators, traders can identify EPAM Systems entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 19.32 | |||
| Day Typical Price | 19.32 | |||
| Price Action Indicator | 0.035 | |||
| Period Momentum Indicator | 0.07 |
EPAM Systems Risk Indicators
The analysis of EPAM Systems' 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 EPAM Systems' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting epam 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 | 1.18 | |||
| Standard Deviation | 1.86 | |||
| Variance | 3.46 | |||
| Downside Variance | 2.9 | |||
| Semi Variance | (0.18) | |||
| Expected Short fall | (2.97) |
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.