Turkcell Iletisim Stock Forecast - 4 Period Moving Average
TCELL Stock | TRY 93.15 2.85 2.97% |
The 4 Period Moving Average forecasted value of Turkcell Iletisim Hizmetleri on the next trading day is expected to be 94.08 with a mean absolute deviation of 2.27 and the sum of the absolute errors of 129.50. Turkcell Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Turkcell Iletisim's historical fundamentals, such as revenue growth or operating cash flow patterns.
Turkcell |
Turkcell Iletisim 4 Period Moving Average Price Forecast For the 24th of November
Given 90 days horizon, the 4 Period Moving Average forecasted value of Turkcell Iletisim Hizmetleri on the next trading day is expected to be 94.08 with a mean absolute deviation of 2.27, mean absolute percentage error of 8.83, and the sum of the absolute errors of 129.50.Please note that although there have been many attempts to predict Turkcell 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 Turkcell Iletisim's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Turkcell Iletisim Stock Forecast Pattern
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Turkcell Iletisim Forecasted Value
In the context of forecasting Turkcell Iletisim'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. Turkcell Iletisim's downside and upside margins for the forecasting period are 91.89 and 96.26, respectively. We have considered Turkcell Iletisim'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.
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 Turkcell Iletisim stock data series using in forecasting. Note that when a statistical model is used to represent Turkcell Iletisim 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.AIC | Akaike Information Criteria | 112.9376 |
Bias | Arithmetic mean of the errors | 0.2596 |
MAD | Mean absolute deviation | 2.2719 |
MAPE | Mean absolute percentage error | 0.0252 |
SAE | Sum of the absolute errors | 129.5 |
Predictive Modules for Turkcell Iletisim
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Turkcell Iletisim. 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.Other Forecasting Options for Turkcell Iletisim
For every potential investor in Turkcell, whether a beginner or expert, Turkcell Iletisim's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Turkcell Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Turkcell. Basic forecasting techniques help filter out the noise by identifying Turkcell Iletisim's price trends.Turkcell Iletisim 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 Turkcell Iletisim stock to make a market-neutral strategy. Peer analysis of Turkcell Iletisim could also be used in its relative valuation, which is a method of valuing Turkcell Iletisim by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Turkcell Iletisim 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 Turkcell Iletisim'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 Turkcell Iletisim's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Turkcell Iletisim Market Strength Events
Market strength indicators help investors to evaluate how Turkcell Iletisim stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turkcell Iletisim shares will generate the highest return on investment. By undertsting and applying Turkcell Iletisim stock market strength indicators, traders can identify Turkcell Iletisim Hizmetleri entry and exit signals to maximize returns.
Turkcell Iletisim Risk Indicators
The analysis of Turkcell Iletisim'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 Turkcell Iletisim's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting turkcell 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.
Mean Deviation | 1.73 | |||
Standard Deviation | 2.23 | |||
Variance | 4.96 |
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.
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Additional Information and Resources on Investing in Turkcell Stock
When determining whether Turkcell Iletisim offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Turkcell Iletisim's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Turkcell Iletisim Hizmetleri Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Turkcell Iletisim Hizmetleri Stock:Check out Historical Fundamental Analysis of Turkcell Iletisim to cross-verify your projections. You can also try the CEOs Directory module to screen CEOs from public companies around the world.