SBA Communications Stock Forecast - Simple Moving Average
| SBAC Stock | USD 203.61 0.57 0.28% |
The Simple Moving Average forecasted value of SBA Communications Corp on the next trading day is expected to be 203.61 with a mean absolute deviation of 2.83 and the sum of the absolute errors of 167.24. SBA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SBA Communications stock prices and determine the direction of SBA Communications Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SBA Communications' historical fundamentals, such as revenue growth or operating cash flow patterns.
SBA |
Open Interest Against 2025-03-21 SBA Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast SBA Communications' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in SBA Communications' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for SBA Communications stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current SBA Communications' open interest, investors have to compare it to SBA Communications' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of SBA Communications is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in SBA. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
SBA Communications Simple Moving Average Price Forecast For the 19th of January
Given 90 days horizon, the Simple Moving Average forecasted value of SBA Communications Corp on the next trading day is expected to be 203.61 with a mean absolute deviation of 2.83, mean absolute percentage error of 13.20, and the sum of the absolute errors of 167.24.Please note that although there have been many attempts to predict SBA 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 SBA Communications' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
SBA Communications Stock Forecast Pattern
| Backtest SBA Communications | SBA Communications Price Prediction | Buy or Sell Advice |
SBA Communications Forecasted Value
In the context of forecasting SBA Communications' 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. SBA Communications' downside and upside margins for the forecasting period are 202.13 and 205.09, respectively. We have considered SBA Communications' 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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of SBA Communications stock data series using in forecasting. Note that when a statistical model is used to represent SBA Communications 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.| AIC | Akaike Information Criteria | 117.0152 |
| Bias | Arithmetic mean of the errors | 0.9725 |
| MAD | Mean absolute deviation | 2.8345 |
| MAPE | Mean absolute percentage error | 0.0132 |
| SAE | Sum of the absolute errors | 167.235 |
Predictive Modules for SBA Communications
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SBA Communications Corp. 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.Other Forecasting Options for SBA Communications
For every potential investor in SBA, whether a beginner or expert, SBA Communications' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SBA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SBA. Basic forecasting techniques help filter out the noise by identifying SBA Communications' price trends.SBA Communications 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 SBA Communications stock to make a market-neutral strategy. Peer analysis of SBA Communications could also be used in its relative valuation, which is a method of valuing SBA Communications by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SBA Communications Corp 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 SBA Communications' 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 SBA Communications' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
SBA Communications Market Strength Events
Market strength indicators help investors to evaluate how SBA Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SBA Communications shares will generate the highest return on investment. By undertsting and applying SBA Communications stock market strength indicators, traders can identify SBA Communications Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0107 | |||
| Daily Balance Of Power | (0.26) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 204.44 | |||
| Day Typical Price | 204.16 | |||
| Market Facilitation Index | 2.19 | |||
| Price Action Indicator | (1.11) | |||
| Period Momentum Indicator | (0.57) |
SBA Communications Risk Indicators
The analysis of SBA Communications' 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 SBA Communications' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sba 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.
| Mean Deviation | 1.12 | |||
| Standard Deviation | 1.53 | |||
| Variance | 2.35 |
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Check out Historical Fundamental Analysis of SBA Communications to cross-verify your projections. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Telecom Tower REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SBA Communications. If investors know SBA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SBA Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2 | Dividend Share 3.79 | Earnings Share 6.35 | Revenue Per Share | Quarterly Revenue Growth (0.02) |
The market value of SBA Communications Corp is measured differently than its book value, which is the value of SBA that is recorded on the company's balance sheet. Investors also form their own opinion of SBA Communications' value that differs from its market value or its book value, called intrinsic value, which is SBA Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SBA Communications' market value can be influenced by many factors that don't directly affect SBA Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SBA Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if SBA Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBA Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.