Konya Cimento Stock Forecast - 20 Period Moving Average

KONYA Stock  TRY 6,780  222.50  3.39%   
The 20 Period Moving Average forecasted value of Konya Cimento Sanayi on the next trading day is expected to be 6,770 with a mean absolute deviation of 269.94 and the sum of the absolute errors of 11,067. Konya Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Konya Cimento's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A commonly used 20-period moving average forecast model for Konya Cimento Sanayi is based on a synthetically constructed Konya Cimentodaily 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.

Konya Cimento 20 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of Konya Cimento Sanayi on the next trading day is expected to be 6,770 with a mean absolute deviation of 269.94, mean absolute percentage error of 111,891, and the sum of the absolute errors of 11,067.
Please note that although there have been many attempts to predict Konya 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 Konya Cimento's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Konya Cimento Stock Forecast Pattern

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Konya Cimento Forecasted Value

In the context of forecasting Konya Cimento'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. Konya Cimento's downside and upside margins for the forecasting period are 6,768 and 6,773, respectively. We have considered Konya Cimento'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
6,780
6,770
Expected Value
6,773
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 Konya Cimento stock data series using in forecasting. Note that when a statistical model is used to represent Konya Cimento 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 Criteria92.9782
BiasArithmetic mean of the errors -4.5396
MADMean absolute deviation269.936
MAPEMean absolute percentage error0.0412
SAESum of the absolute errors11067.375
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. Konya Cimento Sanayi 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Konya Cimento

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Konya Cimento Sanayi. 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
6,7776,7806,783
Details
Intrinsic
Valuation
LowRealHigh
5,5505,5537,458
Details
Bollinger
Band Projection (param)
LowMiddleHigh
5,9596,5557,151
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Konya Cimento. Your research has to be compared to or analyzed against Konya Cimento's peers to derive any actionable benefits. When done correctly, Konya Cimento's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Konya Cimento Sanayi.

Other Forecasting Options for Konya Cimento

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

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

Konya Cimento Sanayi 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 Konya Cimento'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 Konya Cimento's current price.

Konya Cimento Market Strength Events

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

Konya Cimento Risk Indicators

The analysis of Konya Cimento'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 Konya Cimento's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting konya 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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Other Information on Investing in Konya Stock

Konya Cimento financial ratios help investors to determine whether Konya 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 Konya with respect to the benefits of owning Konya Cimento security.