Highway 50 Stock Forecast - 4 Period Moving Average

HWY Stock  CAD 0.20  0.05  20.00%   
The 4 Period Moving Average forecasted value of Highway 50 Gold on the next trading day is expected to be 0.20 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 0.90. Highway Stock Forecast is based on your current time horizon.
  
At this time, Highway 50's Total Current Liabilities is fairly stable compared to the past year. Total Liabilities is likely to climb to about 595 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 801.5 K in 2024.
A four-period moving average forecast model for Highway 50 Gold 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.

Highway 50 4 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Highway 50 Gold on the next trading day is expected to be 0.20 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0006, and the sum of the absolute errors of 0.90.
Please note that although there have been many attempts to predict Highway 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 Highway 50's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Highway 50 Stock Forecast Pattern

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Highway 50 Forecasted Value

In the context of forecasting Highway 50'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. Highway 50's downside and upside margins for the forecasting period are 0 and 9.98, respectively. We have considered Highway 50'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
0.20
0.20
Expected Value
9.98
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 Highway 50 stock data series using in forecasting. Note that when a statistical model is used to represent Highway 50 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 Criteria103.2956
BiasArithmetic mean of the errors -0.0018
MADMean absolute deviation0.0158
MAPEMean absolute percentage error0.0737
SAESum of the absolute errors0.9
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 Highway 50. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Highway 50 Gold and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Highway 50

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Highway 50 Gold. 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
0.010.209.98
Details
Intrinsic
Valuation
LowRealHigh
0.010.179.95
Details

Other Forecasting Options for Highway 50

For every potential investor in Highway, whether a beginner or expert, Highway 50's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Highway Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Highway. Basic forecasting techniques help filter out the noise by identifying Highway 50's price trends.

Highway 50 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 Highway 50 stock to make a market-neutral strategy. Peer analysis of Highway 50 could also be used in its relative valuation, which is a method of valuing Highway 50 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Highway 50 Gold 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 Highway 50'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 Highway 50's current price.

Highway 50 Market Strength Events

Market strength indicators help investors to evaluate how Highway 50 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Highway 50 shares will generate the highest return on investment. By undertsting and applying Highway 50 stock market strength indicators, traders can identify Highway 50 Gold entry and exit signals to maximize returns.

Highway 50 Risk Indicators

The analysis of Highway 50'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 Highway 50's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting highway 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Highway Stock Analysis

When running Highway 50's price analysis, check to measure Highway 50'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 Highway 50 is operating at the current time. Most of Highway 50's value examination focuses on studying past and present price action to predict the probability of Highway 50's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highway 50's price. Additionally, you may evaluate how the addition of Highway 50 to your portfolios can decrease your overall portfolio volatility.