Super League Stock Forecast - 4 Period Moving Average

SLE Stock   0.61  0.03  5.17%   
The 4 Period Moving Average forecasted value of Super League Enterprise on the next trading day is expected to be 0.62 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.69. Super Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Super League stock prices and determine the direction of Super League Enterprise's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Super League's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Super League's Fixed Asset Turnover is projected to increase significantly based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 1.04, whereas Receivables Turnover is forecasted to decline to 2.19. . The current year's Common Stock Shares Outstanding is expected to grow to about 2.9 M, whereas Net Loss is forecasted to decline to (25.1 M).
A four-period moving average forecast model for Super League Enterprise is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Super League 4 Period Moving Average Price Forecast For the 23rd of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Super League Enterprise on the next trading day is expected to be 0.62 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.69.
Please note that although there have been many attempts to predict Super 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 Super League's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Super League Stock Forecast Pattern

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Super League Forecasted Value

In the context of forecasting Super League'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. Super League's downside and upside margins for the forecasting period are 0.01 and 8.53, respectively. We have considered Super League'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
0.61
0.62
Expected Value
8.53
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Super League stock data series using in forecasting. Note that when a statistical model is used to represent Super League 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 Criteria106.346
BiasArithmetic mean of the errors 0.0229
MADMean absolute deviation0.0822
MAPEMean absolute percentage error0.1047
SAESum of the absolute errors4.685
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Super League. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Super League Enterprise and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Super League

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Super League Enterprise. 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
0.030.638.54
Details
Intrinsic
Valuation
LowRealHigh
0.255.0312.94
Details
3 Analysts
Consensus
LowTargetHigh
16.6818.3320.35
Details

Other Forecasting Options for Super League

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

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

Super League Enterprise 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 Super League'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 Super League's current price.

Super League Market Strength Events

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

Super League Risk Indicators

The analysis of Super League'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 Super League's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting super 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.
When determining whether Super League Enterprise is a strong investment it is important to analyze Super League's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Super League's future performance. For an informed investment choice regarding Super Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Super League to cross-verify your projections.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Interactive Media & Services 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 Super League. If investors know Super 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 Super League listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.42)
Revenue Per Share
5.196
Quarterly Revenue Growth
(0.18)
Return On Assets
(0.56)
Return On Equity
(2.17)
The market value of Super League Enterprise is measured differently than its book value, which is the value of Super that is recorded on the company's balance sheet. Investors also form their own opinion of Super League's value that differs from its market value or its book value, called intrinsic value, which is Super League's 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 Super League's market value can be influenced by many factors that don't directly affect Super League's 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 Super League's value and its price as these two are different measures arrived at by different means. Investors typically determine if Super League is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Super League's 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.