Supermarket Income Stock Forecast - Simple Moving Average

SRI Stock   1,820  44.00  2.36%   
The Simple Moving Average forecasted value of Supermarket Income REIT on the next trading day is expected to be 1,820 with a mean absolute deviation of 30.93 and the sum of the absolute errors of 1,825. Investors can use prediction functions to forecast Supermarket Income's stock prices and determine the direction of Supermarket Income REIT's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of Supermarket Income's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. At the present time, the value of RSI of Supermarket Income's share price is approaching 48. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Supermarket Income, making its price go up or down.

Momentum 48

 Impartial

 
Oversold
 
Overbought
The successful prediction of Supermarket Income's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Supermarket Income and does not consider all of the tangible or intangible factors available from Supermarket Income's fundamental data. We analyze noise-free headlines and recent hype associated with Supermarket Income REIT, which may create opportunities for some arbitrage if properly timed.
Using Supermarket Income hype-based prediction, you can estimate the value of Supermarket Income REIT from the perspective of Supermarket Income response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Supermarket Income REIT on the next trading day is expected to be 1,820 with a mean absolute deviation of 30.93 and the sum of the absolute errors of 1,825.

Supermarket Income after-hype prediction price

    
  ZAR 1820.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Supermarket Income Additional Predictive Modules

Most predictive techniques to examine Supermarket price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Supermarket using various technical indicators. When you analyze Supermarket charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
A two period moving average forecast for Supermarket Income is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Supermarket Income Simple Moving Average Price Forecast For the 27th of January

Given 90 days horizon, the Simple Moving Average forecasted value of Supermarket Income REIT on the next trading day is expected to be 1,820 with a mean absolute deviation of 30.93, mean absolute percentage error of 1,444, and the sum of the absolute errors of 1,825.
Please note that although there have been many attempts to predict Supermarket 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 Supermarket Income's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Supermarket Income Stock Forecast Pattern

Supermarket Income Forecasted Value

In the context of forecasting Supermarket Income'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. Supermarket Income's downside and upside margins for the forecasting period are 1,818 and 1,822, respectively. We have considered Supermarket Income'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
1,820
1,820
Expected Value
1,822
Upside

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 Supermarket Income stock data series using in forecasting. Note that when a statistical model is used to represent Supermarket Income 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 Criteria121.7101
BiasArithmetic mean of the errors 0.1695
MADMean absolute deviation30.9322
MAPEMean absolute percentage error0.0169
SAESum of the absolute errors1825.0
The simple moving average model is conceptually a linear regression of the current value of Supermarket Income REIT price series against current and previous (unobserved) value of Supermarket Income. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Supermarket Income

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Supermarket Income REIT. 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.

Supermarket Income Estimiated After-Hype Price Volatility

As far as predicting the price of Supermarket Income at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Supermarket Income or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Supermarket Income, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Supermarket Income Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Supermarket Income is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Supermarket Income backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Supermarket Income, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.01 
2.29
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1,820
1,820
0.00 
0.00  
Notes

Supermarket Income Hype Timeline

Supermarket Income REIT is at this time traded for 1,820on Johannesburg Exchange of South Africa. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Supermarket is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.01%. %. The volatility of related hype on Supermarket Income is about 0.0%, with the expected price after the next announcement by competition of 1,820. Assuming the 90 days trading horizon the next forecasted press release will be within a week.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Supermarket Income Related Hype Analysis

Having access to credible news sources related to Supermarket Income's direct competition is more important than ever and may enhance your ability to predict Supermarket Income's future price movements. Getting to know how Supermarket Income's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Supermarket Income may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Supermarket Income

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

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

Supermarket Income Market Strength Events

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

Supermarket Income Risk Indicators

The analysis of Supermarket Income'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 Supermarket Income's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting supermarket 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.

Story Coverage note for Supermarket Income

The number of cover stories for Supermarket Income depends on current market conditions and Supermarket Income's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Supermarket Income is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Supermarket Income's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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