Sunflag Iron Stock Forecast - 8 Period Moving Average

SUNFLAG Stock   196.67  2.08  1.07%   
The 8 Period Moving Average forecasted value of Sunflag Iron And on the next trading day is expected to be 197.19 with a mean absolute deviation of 8.57 and the sum of the absolute errors of 453.97. Sunflag Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sunflag Iron's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, Sunflag Iron's Cash is most likely to increase significantly in the upcoming years. The Sunflag Iron's current Non Current Assets Total is estimated to increase to about 57.8 B, while Other Current Liabilities is projected to decrease to roughly 862.3 M.
An 8-period moving average forecast model for Sunflag Iron is based on an artificially constructed time series of Sunflag Iron 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.

Sunflag Iron 8 Period Moving Average Price Forecast For the 26th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of Sunflag Iron And on the next trading day is expected to be 197.19 with a mean absolute deviation of 8.57, mean absolute percentage error of 119.54, and the sum of the absolute errors of 453.97.
Please note that although there have been many attempts to predict Sunflag 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 Sunflag Iron's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sunflag Iron Stock Forecast Pattern

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Sunflag Iron Forecasted Value

In the context of forecasting Sunflag Iron'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. Sunflag Iron's downside and upside margins for the forecasting period are 194.80 and 199.57, respectively. We have considered Sunflag Iron'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
196.67
194.80
Downside
197.19
Expected Value
199.57
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 Sunflag Iron stock data series using in forecasting. Note that when a statistical model is used to represent Sunflag Iron 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 Criteria108.1911
BiasArithmetic mean of the errors 1.0884
MADMean absolute deviation8.5655
MAPEMean absolute percentage error0.0397
SAESum of the absolute errors453.9738
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. Sunflag Iron And 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Sunflag Iron

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sunflag Iron And. 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
193.44195.80198.16
Details
Intrinsic
Valuation
LowRealHigh
141.21143.57216.34
Details
Bollinger
Band Projection (param)
LowMiddleHigh
194.02195.98197.94
Details

Other Forecasting Options for Sunflag Iron

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

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

Sunflag Iron And 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 Sunflag Iron'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 Sunflag Iron's current price.

Sunflag Iron Market Strength Events

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

Sunflag Iron Risk Indicators

The analysis of Sunflag Iron'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 Sunflag Iron's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sunflag 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.

Other Information on Investing in Sunflag Stock

Sunflag Iron financial ratios help investors to determine whether Sunflag Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sunflag with respect to the benefits of owning Sunflag Iron security.