Seraphim Space Stock Forecast - Simple Moving Average

SSIT Stock   59.80  0.10  0.17%   
The Simple Moving Average forecasted value of Seraphim Space Investment on the next trading day is expected to be 59.80 with a mean absolute deviation of 0.87 and the sum of the absolute errors of 51.30. Seraphim Stock Forecast is based on your current time horizon.
  
A two period moving average forecast for Seraphim Space 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.

Seraphim Space Simple Moving Average Price Forecast For the 2nd of December

Given 90 days horizon, the Simple Moving Average forecasted value of Seraphim Space Investment on the next trading day is expected to be 59.80 with a mean absolute deviation of 0.87, mean absolute percentage error of 1.18, and the sum of the absolute errors of 51.30.
Please note that although there have been many attempts to predict Seraphim 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 Seraphim Space's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Seraphim Space Stock Forecast Pattern

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Seraphim Space Forecasted Value

In the context of forecasting Seraphim Space'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. Seraphim Space's downside and upside margins for the forecasting period are 57.93 and 61.67, respectively. We have considered Seraphim Space'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
59.80
59.80
Expected Value
61.67
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 Seraphim Space stock data series using in forecasting. Note that when a statistical model is used to represent Seraphim Space 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 Criteria114.6032
BiasArithmetic mean of the errors -0.1119
MADMean absolute deviation0.8695
MAPEMean absolute percentage error0.0168
SAESum of the absolute errors51.3
The simple moving average model is conceptually a linear regression of the current value of Seraphim Space Investment price series against current and previous (unobserved) value of Seraphim Space. 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 Seraphim Space

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Seraphim Space Investment. 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
57.9059.7761.64
Details
Intrinsic
Valuation
LowRealHigh
51.8253.6965.78
Details
Bollinger
Band Projection (param)
LowMiddleHigh
53.3457.8062.26
Details

Other Forecasting Options for Seraphim Space

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

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

Seraphim Space Investment 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 Seraphim Space'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 Seraphim Space's current price.

Seraphim Space Market Strength Events

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

Seraphim Space Risk Indicators

The analysis of Seraphim Space'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 Seraphim Space's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting seraphim 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 Seraphim Stock Analysis

When running Seraphim Space's price analysis, check to measure Seraphim Space'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 Seraphim Space is operating at the current time. Most of Seraphim Space's value examination focuses on studying past and present price action to predict the probability of Seraphim Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seraphim Space's price. Additionally, you may evaluate how the addition of Seraphim Space to your portfolios can decrease your overall portfolio volatility.