Electro Ao Preferred Stock Forecast - Simple Moving Average

EALT4 Preferred Stock  BRL 14.25  0.03  0.21%   
The Simple Moving Average forecasted value of Electro Ao Altona on the next trading day is expected to be 14.25 with a mean absolute deviation of 0.27 and the sum of the absolute errors of 16.14. Electro Preferred Stock Forecast is based on your current time horizon.
  
A two period moving average forecast for Electro Ao 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.

Electro Ao Simple Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the Simple Moving Average forecasted value of Electro Ao Altona on the next trading day is expected to be 14.25 with a mean absolute deviation of 0.27, mean absolute percentage error of 0.13, and the sum of the absolute errors of 16.14.
Please note that although there have been many attempts to predict Electro Preferred 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 Electro Ao's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Electro Ao Preferred Stock Forecast Pattern

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Electro Ao Forecasted Value

In the context of forecasting Electro Ao's Preferred 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. Electro Ao's downside and upside margins for the forecasting period are 11.97 and 16.53, respectively. We have considered Electro Ao'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
14.25
14.25
Expected Value
16.53
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 Electro Ao preferred stock data series using in forecasting. Note that when a statistical model is used to represent Electro Ao preferred 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 Criteria114.2502
BiasArithmetic mean of the errors 0.0136
MADMean absolute deviation0.2691
MAPEMean absolute percentage error0.0192
SAESum of the absolute errors16.145
The simple moving average model is conceptually a linear regression of the current value of Electro Ao Altona price series against current and previous (unobserved) value of Electro Ao. 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 Electro Ao

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Electro Ao Altona. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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
11.9714.2516.53
Details
Intrinsic
Valuation
LowRealHigh
10.3812.6614.94
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.7213.8915.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Electro Ao. Your research has to be compared to or analyzed against Electro Ao's peers to derive any actionable benefits. When done correctly, Electro Ao's 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 Electro Ao Altona.

Other Forecasting Options for Electro Ao

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

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

Electro Ao Altona Technical and Predictive Analytics

The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Electro Ao'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 Electro Ao's current price.

Electro Ao Market Strength Events

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

Electro Ao Risk Indicators

The analysis of Electro Ao'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 Electro Ao's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting electro preferred 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.

Additional Tools for Electro Preferred Stock Analysis

When running Electro Ao's price analysis, check to measure Electro Ao's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Electro Ao is operating at the current time. Most of Electro Ao's value examination focuses on studying past and present price action to predict the probability of Electro Ao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electro Ao's price. Additionally, you may evaluate how the addition of Electro Ao to your portfolios can decrease your overall portfolio volatility.