Copenhagen Airports Stock Forecast - 20 Period Moving Average

KBHL Stock  DKK 3,790  20.00  0.53%   
The 20 Period Moving Average forecasted value of Copenhagen Airports AS on the next trading day is expected to be 3,992 with a mean absolute deviation of 77.57 and the sum of the absolute errors of 3,180. Copenhagen Stock Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Copenhagen Airports AS is based on a synthetically constructed Copenhagen Airportsdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Copenhagen Airports 20 Period Moving Average Price Forecast For the 26th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of Copenhagen Airports AS on the next trading day is expected to be 3,992 with a mean absolute deviation of 77.57, mean absolute percentage error of 10,262, and the sum of the absolute errors of 3,180.
Please note that although there have been many attempts to predict Copenhagen 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 Copenhagen Airports' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Copenhagen Airports Stock Forecast Pattern

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Copenhagen Airports Forecasted Value

In the context of forecasting Copenhagen Airports' 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. Copenhagen Airports' downside and upside margins for the forecasting period are 3,990 and 3,994, respectively. We have considered Copenhagen Airports' 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
3,790
3,992
Expected Value
3,994
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Copenhagen Airports stock data series using in forecasting. Note that when a statistical model is used to represent Copenhagen Airports 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 Criteria90.5892
BiasArithmetic mean of the errors 52.939
MADMean absolute deviation77.5732
MAPEMean absolute percentage error0.0195
SAESum of the absolute errors3180.5
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Copenhagen Airports 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Copenhagen Airports

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Copenhagen Airports. 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
3,7883,7903,792
Details
Intrinsic
Valuation
LowRealHigh
3,2443,2454,169
Details
Bollinger
Band Projection (param)
LowMiddleHigh
3,7643,7833,802
Details

Other Forecasting Options for Copenhagen Airports

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

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

Copenhagen Airports 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 Copenhagen Airports' 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 Copenhagen Airports' current price.

Copenhagen Airports Market Strength Events

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

Copenhagen Airports Risk Indicators

The analysis of Copenhagen Airports' 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 Copenhagen Airports' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting copenhagen 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.

Other Information on Investing in Copenhagen Stock

Copenhagen Airports financial ratios help investors to determine whether Copenhagen 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 Copenhagen with respect to the benefits of owning Copenhagen Airports security.