HUD TASCO Stock Forecast - 4 Period Moving Average
HUT Stock | 16,000 200.00 1.27% |
The 4 Period Moving Average forecasted value of HUD TASCO on the next trading day is expected to be 15,875 with a mean absolute deviation of 96.93 and the sum of the absolute errors of 5,525. HUD Stock Forecast is based on your current time horizon.
HUD |
HUD TASCO 4 Period Moving Average Price Forecast For the 8th of February
Given 90 days horizon, the 4 Period Moving Average forecasted value of HUD TASCO on the next trading day is expected to be 15,875 with a mean absolute deviation of 96.93, mean absolute percentage error of 17,686, and the sum of the absolute errors of 5,525.Please note that although there have been many attempts to predict HUD 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 HUD TASCO's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
HUD TASCO Stock Forecast Pattern
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 HUD TASCO stock data series using in forecasting. Note that when a statistical model is used to represent HUD TASCO 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 | 120.5395 |
Bias | Arithmetic mean of the errors | 11.8421 |
MAD | Mean absolute deviation | 96.9298 |
MAPE | Mean absolute percentage error | 0.0061 |
SAE | Sum of the absolute errors | 5525.0 |
Predictive Modules for HUD TASCO
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HUD TASCO. 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.HUD TASCO 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 HUD TASCO stock to make a market-neutral strategy. Peer analysis of HUD TASCO could also be used in its relative valuation, which is a method of valuing HUD TASCO by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
HUD TASCO Market Strength Events
Market strength indicators help investors to evaluate how HUD TASCO stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HUD TASCO shares will generate the highest return on investment. By undertsting and applying HUD TASCO stock market strength indicators, traders can identify HUD TASCO entry and exit signals to maximize returns.
Accumulation Distribution | 0.0485 | |||
Daily Balance Of Power | 0.25 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 16100.0 | |||
Day Typical Price | 16066.67 | |||
Market Facilitation Index | 800.0 | |||
Period Momentum Indicator | 200.0 |
HUD TASCO Risk Indicators
The analysis of HUD TASCO'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 HUD TASCO's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hud 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 | 0.3991 | |||
Standard Deviation | 0.6878 | |||
Variance | 0.473 |
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.
Other Information on Investing in HUD Stock
HUD TASCO financial ratios help investors to determine whether HUD 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 HUD with respect to the benefits of owning HUD TASCO security.