Equinix Stock Forecast - 20 Period Moving Average
| EQIX34 Stock | BRL 73.83 0.04 0.05% |
The 20 Period Moving Average forecasted value of Equinix on the next trading day is expected to be 67.39 with a mean absolute deviation of 2.51 and the sum of the absolute errors of 102.72. Equinix Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Equinix stock prices and determine the direction of Equinix's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Equinix's historical fundamentals, such as revenue growth or operating cash flow patterns.
Equinix |
Equinix 20 Period Moving Average Price Forecast For the 1st of December
Given 90 days horizon, the 20 Period Moving Average forecasted value of Equinix on the next trading day is expected to be 67.39 with a mean absolute deviation of 2.51, mean absolute percentage error of 10.31, and the sum of the absolute errors of 102.72.Please note that although there have been many attempts to predict Equinix 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 Equinix's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Equinix Stock Forecast Pattern
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Equinix Forecasted Value
In the context of forecasting Equinix'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. Equinix's downside and upside margins for the forecasting period are 65.46 and 69.32, respectively. We have considered Equinix'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.
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 Equinix stock data series using in forecasting. Note that when a statistical model is used to represent Equinix 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 | 83.686 |
| Bias | Arithmetic mean of the errors | -2.3391 |
| MAD | Mean absolute deviation | 2.5055 |
| MAPE | Mean absolute percentage error | 0.0372 |
| SAE | Sum of the absolute errors | 102.724 |
Predictive Modules for Equinix
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Equinix. 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.Other Forecasting Options for Equinix
For every potential investor in Equinix, whether a beginner or expert, Equinix's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Equinix Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Equinix. Basic forecasting techniques help filter out the noise by identifying Equinix's price trends.Equinix 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 Equinix stock to make a market-neutral strategy. Peer analysis of Equinix could also be used in its relative valuation, which is a method of valuing Equinix by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Equinix 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 Equinix'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 Equinix's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Equinix Market Strength Events
Market strength indicators help investors to evaluate how Equinix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Equinix shares will generate the highest return on investment. By undertsting and applying Equinix stock market strength indicators, traders can identify Equinix entry and exit signals to maximize returns.
Equinix Risk Indicators
The analysis of Equinix'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 Equinix's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting equinix 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 | 1.27 | |||
| Semi Deviation | 1.36 | |||
| Standard Deviation | 1.91 | |||
| Variance | 3.64 | |||
| Downside Variance | 3.34 | |||
| Semi Variance | 1.84 | |||
| Expected Short fall | (1.40) |
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 Equinix Stock
When determining whether Equinix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equinix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equinix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equinix Stock:Check out Historical Fundamental Analysis of Equinix to cross-verify your projections. For information on how to trade Equinix Stock refer to our How to Trade Equinix Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.