Ozak Gayrimenkul Stock Forecast - 8 Period Moving Average

OZKGY Stock  TRY 12.18  0.20  1.62%   
The 8 Period Moving Average forecasted value of Ozak Gayrimenkul Yatirim on the next trading day is expected to be 12.62 with a mean absolute deviation of 0.51 and the sum of the absolute errors of 27.03. Ozak Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Ozak Gayrimenkul's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Ozak Gayrimenkul is based on an artificially constructed time series of Ozak Gayrimenkul daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Ozak Gayrimenkul 8 Period Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Ozak Gayrimenkul Yatirim on the next trading day is expected to be 12.62 with a mean absolute deviation of 0.51, mean absolute percentage error of 0.42, and the sum of the absolute errors of 27.03.
Please note that although there have been many attempts to predict Ozak 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 Ozak Gayrimenkul's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ozak Gayrimenkul Stock Forecast Pattern

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Ozak Gayrimenkul Forecasted Value

In the context of forecasting Ozak Gayrimenkul'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. Ozak Gayrimenkul's downside and upside margins for the forecasting period are 9.79 and 15.45, respectively. We have considered Ozak Gayrimenkul'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
12.18
12.62
Expected Value
15.45
Upside

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 Ozak Gayrimenkul stock data series using in forecasting. Note that when a statistical model is used to represent Ozak Gayrimenkul 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 Criteria102.5445
BiasArithmetic mean of the errors -0.1597
MADMean absolute deviation0.51
MAPEMean absolute percentage error0.0469
SAESum of the absolute errors27.03
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. Ozak Gayrimenkul Yatirim 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Ozak Gayrimenkul

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ozak Gayrimenkul Yatirim. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ozak Gayrimenkul's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.3512.1815.01
Details
Intrinsic
Valuation
LowRealHigh
8.7611.5914.42
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.2112.6113.00
Details

Other Forecasting Options for Ozak Gayrimenkul

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

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

Ozak Gayrimenkul Yatirim 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 Ozak Gayrimenkul'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 Ozak Gayrimenkul's current price.

Ozak Gayrimenkul Market Strength Events

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

Ozak Gayrimenkul Risk Indicators

The analysis of Ozak Gayrimenkul'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 Ozak Gayrimenkul's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ozak 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 Ozak Stock

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