Gilat Satellite Stock Forecast - Triple Exponential Smoothing
| GILT Stock | ILA 1,947 27.00 1.37% |
The Triple Exponential Smoothing forecasted value of Gilat Satellite Networks on the next trading day is expected to be 1,941 with a mean absolute deviation of 35.28 and the sum of the absolute errors of 2,081. Gilat Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Gilat Satellite stock prices and determine the direction of Gilat Satellite Networks's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Gilat Satellite's historical fundamentals, such as revenue growth or operating cash flow patterns.
Gilat |
Gilat Satellite Triple Exponential Smoothing Price Forecast For the 3rd of December
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of Gilat Satellite Networks on the next trading day is expected to be 1,941 with a mean absolute deviation of 35.28, mean absolute percentage error of 2,696, and the sum of the absolute errors of 2,081.Please note that although there have been many attempts to predict Gilat 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 Gilat Satellite's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Gilat Satellite Stock Forecast Pattern
| Backtest Gilat Satellite | Gilat Satellite Price Prediction | Buy or Sell Advice |
Gilat Satellite Forecasted Value
In the context of forecasting Gilat Satellite'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. Gilat Satellite's downside and upside margins for the forecasting period are 1,938 and 1,943, respectively. We have considered Gilat Satellite'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 Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Gilat Satellite stock data series using in forecasting. Note that when a statistical model is used to represent Gilat Satellite 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 | Huge |
| Bias | Arithmetic mean of the errors | 7.8299 |
| MAD | Mean absolute deviation | 35.2783 |
| MAPE | Mean absolute percentage error | 0.019 |
| SAE | Sum of the absolute errors | 2081.4187 |
Predictive Modules for Gilat Satellite
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gilat Satellite Networks. 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 Gilat Satellite
For every potential investor in Gilat, whether a beginner or expert, Gilat Satellite's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gilat Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gilat. Basic forecasting techniques help filter out the noise by identifying Gilat Satellite's price trends.Gilat Satellite 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 Gilat Satellite stock to make a market-neutral strategy. Peer analysis of Gilat Satellite could also be used in its relative valuation, which is a method of valuing Gilat Satellite by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gilat Satellite Networks 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 Gilat Satellite'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 Gilat Satellite's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Gilat Satellite Market Strength Events
Market strength indicators help investors to evaluate how Gilat Satellite stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gilat Satellite shares will generate the highest return on investment. By undertsting and applying Gilat Satellite stock market strength indicators, traders can identify Gilat Satellite Networks entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0177 | |||
| Daily Balance Of Power | (0.77) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 1964.5 | |||
| Day Typical Price | 1958.67 | |||
| Market Facilitation Index | 35.0 | |||
| Price Action Indicator | (31.00) | |||
| Period Momentum Indicator | (27.00) |
Gilat Satellite Risk Indicators
The analysis of Gilat Satellite'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 Gilat Satellite's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gilat 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 | 1.73 | |||
| Semi Deviation | 2.32 | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.55 | |||
| Downside Variance | 6.89 | |||
| Semi Variance | 5.38 | |||
| Expected Short fall | (2.19) |
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 Gilat Stock
When determining whether Gilat Satellite Networks is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Gilat Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Gilat Satellite Networks Stock. Highlighted below are key reports to facilitate an investment decision about Gilat Satellite Networks Stock:Check out Historical Fundamental Analysis of Gilat Satellite to cross-verify your projections. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.