RETAIL FOOD Stock Forecast - 8 Period Moving Average
JUU Stock | EUR 0.04 0 2.38% |
The 8 Period Moving Average forecasted value of RETAIL FOOD GROUP on the next trading day is expected to be 0.04 with a mean absolute deviation of 0.0008 and the sum of the absolute errors of 0.04. RETAIL Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast RETAIL FOOD stock prices and determine the direction of RETAIL FOOD GROUP's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of RETAIL FOOD's historical fundamentals, such as revenue growth or operating cash flow patterns.
RETAIL |
RETAIL FOOD 8 Period Moving Average Price Forecast For the 23rd of November
Given 90 days horizon, the 8 Period Moving Average forecasted value of RETAIL FOOD GROUP on the next trading day is expected to be 0.04 with a mean absolute deviation of 0.0008, mean absolute percentage error of 0.00000204, and the sum of the absolute errors of 0.04.Please note that although there have been many attempts to predict RETAIL 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 RETAIL FOOD's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
RETAIL FOOD Stock Forecast Pattern
Backtest RETAIL FOOD | RETAIL FOOD Price Prediction | Buy or Sell Advice |
RETAIL FOOD Forecasted Value
In the context of forecasting RETAIL FOOD'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. RETAIL FOOD's downside and upside margins for the forecasting period are 0.0004 and 1.98, respectively. We have considered RETAIL FOOD'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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of RETAIL FOOD stock data series using in forecasting. Note that when a statistical model is used to represent RETAIL FOOD 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 | 90.3041 |
Bias | Arithmetic mean of the errors | -3.0E-4 |
MAD | Mean absolute deviation | 8.0E-4 |
MAPE | Mean absolute percentage error | 0.0205 |
SAE | Sum of the absolute errors | 0.0442 |
Predictive Modules for RETAIL FOOD
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RETAIL FOOD GROUP. 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 RETAIL FOOD
For every potential investor in RETAIL, whether a beginner or expert, RETAIL FOOD's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. RETAIL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in RETAIL. Basic forecasting techniques help filter out the noise by identifying RETAIL FOOD's price trends.RETAIL FOOD 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 RETAIL FOOD stock to make a market-neutral strategy. Peer analysis of RETAIL FOOD could also be used in its relative valuation, which is a method of valuing RETAIL FOOD by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
RETAIL FOOD GROUP 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 RETAIL FOOD'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 RETAIL FOOD's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
RETAIL FOOD Market Strength Events
Market strength indicators help investors to evaluate how RETAIL FOOD stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RETAIL FOOD shares will generate the highest return on investment. By undertsting and applying RETAIL FOOD stock market strength indicators, traders can identify RETAIL FOOD GROUP entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 0.041 | |||
Day Typical Price | 0.041 | |||
Price Action Indicator | (0.0005) | |||
Period Momentum Indicator | (0) |
RETAIL FOOD Risk Indicators
The analysis of RETAIL FOOD'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 RETAIL FOOD's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting retail 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 | 1.33 | |||
Semi Deviation | 1.33 | |||
Standard Deviation | 1.94 | |||
Variance | 3.76 | |||
Downside Variance | 3.87 | |||
Semi Variance | 1.76 | |||
Expected Short fall | (2.32) |
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.Other Information on Investing in RETAIL Stock
RETAIL FOOD financial ratios help investors to determine whether RETAIL 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 RETAIL with respect to the benefits of owning RETAIL FOOD security.