NIIT Stock Forecast - 20 Period Moving Average

NIITLTD Stock   186.01  10.67  5.43%   
The 20 Period Moving Average forecasted value of NIIT Limited on the next trading day is expected to be 212.42 with a mean absolute deviation of 17.72 and the sum of the absolute errors of 726.52. NIIT Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NIIT stock prices and determine the direction of NIIT Limited's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NIIT's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, NIIT's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 6.1 B, whereas Other Current Liabilities is forecasted to decline to about 482.4 M.
A commonly used 20-period moving average forecast model for NIIT Limited is based on a synthetically constructed NIITdaily 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.

NIIT 20 Period Moving Average Price Forecast For the 23rd of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of NIIT Limited on the next trading day is expected to be 212.42 with a mean absolute deviation of 17.72, mean absolute percentage error of 430.60, and the sum of the absolute errors of 726.52.
Please note that although there have been many attempts to predict NIIT 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 NIIT's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

NIIT Stock Forecast Pattern

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JavaScript chart by amCharts 3.21.15NIIT Limited NIIT Limited forecast
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NIIT Forecasted Value

In the context of forecasting NIIT'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. NIIT's downside and upside margins for the forecasting period are 208.54 and 216.31, respectively. We have considered NIIT'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
186.01
208.54
Downside
212.42
Expected Value
216.31
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 NIIT stock data series using in forecasting. Note that when a statistical model is used to represent NIIT 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 Criteria87.4182
BiasArithmetic mean of the errors -10.4741
MADMean absolute deviation17.7201
MAPEMean absolute percentage error0.0893
SAESum of the absolute errors726.5235
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. NIIT Limited 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for NIIT

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NIIT Limited. 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
182.12186.01189.90
Details
Intrinsic
Valuation
LowRealHigh
159.53163.42204.61
Details
Bollinger
Band Projection (param)
LowMiddleHigh
188.50212.42236.34
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.051.131.23
Details

Other Forecasting Options for NIIT

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

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

NIIT Limited 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 NIIT'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 NIIT's current price.

NIIT Market Strength Events

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

NIIT Risk Indicators

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

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 NIIT Stock

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