Take Two Stock Forecast - 4 Period Moving Average
| TTWO Stock | USD 187.85 0.23 0.12% |
The 4 Period Moving Average forecasted value of Take Two Interactive Software on the next trading day is expected to be 187.55 with a mean absolute deviation of 2.39 and the sum of the absolute errors of 136.12. Take Stock Forecast is based on your current time horizon. Although Take Two's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Take Two's systematic risk associated with finding meaningful patterns of Take Two fundamentals over time.
Take |
Take Two 4 Period Moving Average Price Forecast For the 27th of November
Given 90 days horizon, the 4 Period Moving Average forecasted value of Take Two Interactive Software on the next trading day is expected to be 187.55 with a mean absolute deviation of 2.39, mean absolute percentage error of 11.75, and the sum of the absolute errors of 136.12.Please note that although there have been many attempts to predict Take 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 Take Two's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Take Two Stock Forecast Pattern
| Backtest Take Two | Take Two Price Prediction | Buy or Sell Advice |
Take Two Forecasted Value
In the context of forecasting Take Two'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. Take Two's downside and upside margins for the forecasting period are 186.06 and 189.04, respectively. We have considered Take Two'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 Take Two stock data series using in forecasting. Note that when a statistical model is used to represent Take Two 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 | 113.223 |
| Bias | Arithmetic mean of the errors | -1.3489 |
| MAD | Mean absolute deviation | 2.3881 |
| MAPE | Mean absolute percentage error | 0.0143 |
| SAE | Sum of the absolute errors | 136.12 |
Predictive Modules for Take Two
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Take Two Interactive. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Take Two's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Take Two
For every potential investor in Take, whether a beginner or expert, Take Two's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Take Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Take. Basic forecasting techniques help filter out the noise by identifying Take Two's price trends.Take Two 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 Take Two stock to make a market-neutral strategy. Peer analysis of Take Two could also be used in its relative valuation, which is a method of valuing Take Two by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Take Two Interactive 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 Take Two'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 Take Two's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Take Two Market Strength Events
Market strength indicators help investors to evaluate how Take Two stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Take Two shares will generate the highest return on investment. By undertsting and applying Take Two stock market strength indicators, traders can identify Take Two Interactive Software entry and exit signals to maximize returns.
| Accumulation Distribution | 20218.03 | |||
| Daily Balance Of Power | 0.1075 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 188.21 | |||
| Day Typical Price | 188.09 | |||
| Price Action Indicator | (0.25) | |||
| Period Momentum Indicator | 0.23 |
Take Two Risk Indicators
The analysis of Take Two'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 Take Two's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting take 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 | 0.9147 | |||
| Semi Deviation | 1.16 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.18 | |||
| Downside Variance | 2.12 | |||
| Semi Variance | 1.35 | |||
| Expected Short fall | (0.97) |
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.
Pair Trading with Take Two
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Take Two position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Take Two will appreciate offsetting losses from the drop in the long position's value.Moving together with Take Stock
Moving against Take Stock
| 0.5 | MYPSW | PLAYSTUDIOS | PairCorr |
| 0.44 | MSGM | Motorsport Gaming | PairCorr |
| 0.38 | GXAI | Gaxosai Symbol Change | PairCorr |
| 0.35 | GDC | GD Culture Group | PairCorr |
| 0.33 | MGAM | Mobile Global Esports | PairCorr |
The ability to find closely correlated positions to Take Two could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Take Two when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Take Two - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Take Two Interactive Software to buy it.
The correlation of Take Two is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Take Two moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Take Two Interactive moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Take Two can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Take Two to cross-verify your projections. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Interactive Home Entertainment 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 Take Two. If investors know Take 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 Take Two listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Earnings Share (21.20) | Revenue Per Share 31.69 | Quarterly Revenue Growth 0.041 | Return On Assets (0.02) |
The market value of Take Two Interactive is measured differently than its book value, which is the value of Take that is recorded on the company's balance sheet. Investors also form their own opinion of Take Two's value that differs from its market value or its book value, called intrinsic value, which is Take Two'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 Take Two's market value can be influenced by many factors that don't directly affect Take Two'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 Take Two's value and its price as these two are different measures arrived at by different means. Investors typically determine if Take Two is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Take Two'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.