Hyster Yale Stock Forecast - 4 Period Moving Average
| HYEA Stock | EUR 50.50 1.50 2.88% |
The 4 Period Moving Average forecasted value of Hyster Yale Materials Handling on the next trading day is expected to be 50.88 with a mean absolute deviation of 1.18 and the sum of the absolute errors of 67.39. Hyster Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Hyster Yale's historical fundamentals, such as revenue growth or operating cash flow patterns.
Hyster |
Hyster Yale 4 Period Moving Average Price Forecast For the 27th of January
Given 90 days horizon, the 4 Period Moving Average forecasted value of Hyster Yale Materials Handling on the next trading day is expected to be 50.88 with a mean absolute deviation of 1.18, mean absolute percentage error of 3.66, and the sum of the absolute errors of 67.39.Please note that although there have been many attempts to predict Hyster 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 Hyster Yale's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Hyster Yale Stock Forecast Pattern
| Backtest Hyster Yale | Hyster Yale Price Prediction | Buy or Sell Advice |
Hyster Yale Forecasted Value
In the context of forecasting Hyster Yale'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. Hyster Yale's downside and upside margins for the forecasting period are 48.05 and 53.70, respectively. We have considered Hyster Yale'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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Hyster Yale stock data series using in forecasting. Note that when a statistical model is used to represent Hyster Yale 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 | 112.0575 |
| Bias | Arithmetic mean of the errors | 0.3384 |
| MAD | Mean absolute deviation | 1.1823 |
| MAPE | Mean absolute percentage error | 0.0236 |
| SAE | Sum of the absolute errors | 67.3925 |
Predictive Modules for Hyster Yale
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hyster Yale Materials. 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 Hyster Yale
For every potential investor in Hyster, whether a beginner or expert, Hyster Yale's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hyster Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hyster. Basic forecasting techniques help filter out the noise by identifying Hyster Yale's price trends.Hyster Yale 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 Hyster Yale stock to make a market-neutral strategy. Peer analysis of Hyster Yale could also be used in its relative valuation, which is a method of valuing Hyster Yale by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hyster Yale Materials 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 Hyster Yale'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 Hyster Yale's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Hyster Yale Market Strength Events
Market strength indicators help investors to evaluate how Hyster Yale stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hyster Yale shares will generate the highest return on investment. By undertsting and applying Hyster Yale stock market strength indicators, traders can identify Hyster Yale Materials Handling entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 50.5 | |||
| Day Typical Price | 50.5 | |||
| Price Action Indicator | (0.75) | |||
| Period Momentum Indicator | (1.50) | |||
| Relative Strength Index | 49.39 |
Hyster Yale Risk Indicators
The analysis of Hyster Yale'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 Hyster Yale's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hyster 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 | 1.8 | |||
| Standard Deviation | 2.75 | |||
| Variance | 7.55 |
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.
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Hyster Stock
When determining whether Hyster Yale Materials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hyster Yale'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 Hyster Yale Materials Handling Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hyster Yale Materials Handling Stock:Check out Historical Fundamental Analysis of Hyster Yale to cross-verify your projections. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.