SIM Acquisition Stock Forecast - 8 Period Moving Average

SIMAW Stock   0.27  0.01  3.85%   
The 8 Period Moving Average forecasted value of SIM Acquisition Corp on the next trading day is expected to be 0.28 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.84. SIM Stock Forecast is based on your current time horizon.
An 8-period moving average forecast model for SIM Acquisition is based on an artificially constructed time series of SIM Acquisition 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.

SIM Acquisition 8 Period Moving Average Price Forecast For the 30th of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of SIM Acquisition Corp on the next trading day is expected to be 0.28 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.84.
Please note that although there have been many attempts to predict SIM 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 SIM Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

SIM Acquisition Stock Forecast Pattern

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SIM Acquisition Forecasted Value

In the context of forecasting SIM Acquisition'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. SIM Acquisition's downside and upside margins for the forecasting period are 0 and 8.81, respectively. We have considered SIM Acquisition'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
0.27
0.28
Expected Value
8.81
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 SIM Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent SIM Acquisition 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 Criteria97.0838
BiasArithmetic mean of the errors 0.0041
MADMean absolute deviation0.0347
MAPEMean absolute percentage error0.1104
SAESum of the absolute errors1.8388
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. SIM Acquisition Corp 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for SIM Acquisition

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SIM Acquisition 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.
Hype
Prediction
LowEstimatedHigh
0.010.288.82
Details
Intrinsic
Valuation
LowRealHigh
0.010.258.79
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SIM Acquisition. Your research has to be compared to or analyzed against SIM Acquisition's peers to derive any actionable benefits. When done correctly, SIM Acquisition'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 SIM Acquisition Corp.

Other Forecasting Options for SIM Acquisition

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

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

SIM Acquisition 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 SIM Acquisition'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 SIM Acquisition's current price.

SIM Acquisition Market Strength Events

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

SIM Acquisition Risk Indicators

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

Additional Tools for SIM Stock Analysis

When running SIM Acquisition's price analysis, check to measure SIM Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SIM Acquisition is operating at the current time. Most of SIM Acquisition's value examination focuses on studying past and present price action to predict the probability of SIM Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SIM Acquisition's price. Additionally, you may evaluate how the addition of SIM Acquisition to your portfolios can decrease your overall portfolio volatility.