Rexford Industrial Preferred Stock Forecast - Naive Prediction

REXR-PC Preferred Stock  USD 22.68  0.20  0.89%   
The Naive Prediction forecasted value of Rexford Industrial Realty on the next trading day is expected to be 22.05 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 10.73. Rexford Preferred Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Rexford Industrial stock prices and determine the direction of Rexford Industrial Realty's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Rexford Industrial's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Rexford Industrial is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Rexford Industrial Realty value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Rexford Industrial Naive Prediction Price Forecast For the 30th of November

Given 90 days horizon, the Naive Prediction forecasted value of Rexford Industrial Realty on the next trading day is expected to be 22.05 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.73.
Please note that although there have been many attempts to predict Rexford Preferred 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 Rexford Industrial's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Rexford Industrial Preferred Stock Forecast Pattern

Backtest Rexford IndustrialRexford Industrial Price PredictionBuy or Sell Advice 

Rexford Industrial Forecasted Value

In the context of forecasting Rexford Industrial's Preferred 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. Rexford Industrial's downside and upside margins for the forecasting period are 21.19 and 22.91, respectively. We have considered Rexford Industrial'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
22.68
22.05
Expected Value
22.91
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Rexford Industrial preferred stock data series using in forecasting. Note that when a statistical model is used to represent Rexford Industrial preferred 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 Criteria115.0335
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1759
MAPEMean absolute percentage error0.0076
SAESum of the absolute errors10.7284
This model is not at all useful as a medium-long range forecasting tool of Rexford Industrial Realty. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Rexford Industrial. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Rexford Industrial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rexford Industrial Realty. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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
21.6222.4823.34
Details
Intrinsic
Valuation
LowRealHigh
18.2619.1224.73
Details

Other Forecasting Options for Rexford Industrial

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

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

Rexford Industrial Realty Technical and Predictive Analytics

The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Rexford Industrial'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 Rexford Industrial's current price.

Rexford Industrial Market Strength Events

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

Rexford Industrial Risk Indicators

The analysis of Rexford Industrial'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 Rexford Industrial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rexford preferred 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 Rexford Preferred Stock

Rexford Industrial financial ratios help investors to determine whether Rexford Preferred 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 Rexford with respect to the benefits of owning Rexford Industrial security.