Earth Tech Stock Forecast - 4 Period Moving Average

ETC Stock  THB 1.91  0.01  0.53%   
The 4 Period Moving Average forecasted value of Earth Tech Environment on the next trading day is expected to be 1.91 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 5.76. Earth Stock Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Earth Tech Environment is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Earth Tech 4 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Earth Tech Environment on the next trading day is expected to be 1.91 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.03, and the sum of the absolute errors of 5.76.
Please note that although there have been many attempts to predict Earth 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 Earth Tech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Earth Tech Stock Forecast Pattern

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Earth Tech Forecasted Value

In the context of forecasting Earth Tech'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. Earth Tech's downside and upside margins for the forecasting period are 0.02 and 127.78, respectively. We have considered Earth Tech'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
1.91
1.91
Expected Value
127.78
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Earth Tech stock data series using in forecasting. Note that when a statistical model is used to represent Earth Tech 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 Criteria107.3074
BiasArithmetic mean of the errors -0.0352
MADMean absolute deviation0.101
MAPEMean absolute percentage error0.0478
SAESum of the absolute errors5.755
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Earth Tech. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Earth Tech Environment and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Earth Tech

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Earth Tech Environment. 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
0.101.91192.91
Details
Intrinsic
Valuation
LowRealHigh
0.081.57192.57
Details

Other Forecasting Options for Earth Tech

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

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

Earth Tech Environment 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 Earth Tech'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 Earth Tech's current price.

Earth Tech Market Strength Events

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

Earth Tech Risk Indicators

The analysis of Earth Tech'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 Earth Tech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting earth 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.

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Other Information on Investing in Earth Stock

Earth Tech financial ratios help investors to determine whether Earth 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 Earth with respect to the benefits of owning Earth Tech security.