00206RDT6 Forecast - 20 Period Moving Average

00206RDT6   100.57  0.69  0.69%   
The 20 Period Moving Average forecasted value of ATT INC 57 on the next trading day is expected to be 98.70 with a mean absolute deviation of 1.77 and the sum of the absolute errors of 74.21. 00206RDT6 Bond Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 00206RDT6 stock prices and determine the direction of ATT INC 57's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 00206RDT6's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A commonly used 20-period moving average forecast model for ATT INC 57 is based on a synthetically constructed 00206RDT6daily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

00206RDT6 20 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 20 Period Moving Average forecasted value of ATT INC 57 on the next trading day is expected to be 98.70 with a mean absolute deviation of 1.77, mean absolute percentage error of 4.00, and the sum of the absolute errors of 74.21.
Please note that although there have been many attempts to predict 00206RDT6 Bond 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 00206RDT6's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

00206RDT6 Bond Forecast Pattern

Backtest 00206RDT600206RDT6 Price PredictionBuy or Sell Advice 

00206RDT6 Forecasted Value

In the context of forecasting 00206RDT6's Bond 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. 00206RDT6's downside and upside margins for the forecasting period are 97.63 and 99.78, respectively. We have considered 00206RDT6'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
100.57
98.70
Expected Value
99.78
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of 00206RDT6 bond data series using in forecasting. Note that when a statistical model is used to represent 00206RDT6 bond, 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 Criteria84.5768
BiasArithmetic mean of the errors 0.7311
MADMean absolute deviation1.7669
MAPEMean absolute percentage error0.0176
SAESum of the absolute errors74.2115
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. ATT INC 57 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for 00206RDT6

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ATT INC 57. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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
99.49100.57101.65
Details
Intrinsic
Valuation
LowRealHigh
94.7395.81110.63
Details
Bollinger
Band Projection (param)
LowMiddleHigh
96.5699.52102.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 00206RDT6. Your research has to be compared to or analyzed against 00206RDT6's peers to derive any actionable benefits. When done correctly, 00206RDT6's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ATT INC 57.

Other Forecasting Options for 00206RDT6

For every potential investor in 00206RDT6, whether a beginner or expert, 00206RDT6's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 00206RDT6 Bond price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 00206RDT6. Basic forecasting techniques help filter out the noise by identifying 00206RDT6's price trends.

00206RDT6 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 00206RDT6 bond to make a market-neutral strategy. Peer analysis of 00206RDT6 could also be used in its relative valuation, which is a method of valuing 00206RDT6 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

ATT INC 57 Technical and Predictive Analytics

The bond market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of 00206RDT6'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 00206RDT6's current price.

00206RDT6 Market Strength Events

Market strength indicators help investors to evaluate how 00206RDT6 bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 00206RDT6 shares will generate the highest return on investment. By undertsting and applying 00206RDT6 bond market strength indicators, traders can identify ATT INC 57 entry and exit signals to maximize returns.

00206RDT6 Risk Indicators

The analysis of 00206RDT6'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 00206RDT6's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 00206rdt6 bond 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. One of the essential factors to consider when estimating the risk of default for a bond instrument is its duration, which is the bond's price sensitivity to changes in interest rates. The duration of ATT INC 57 bond is primarily affected by its yield, coupon rate, and time to maturity. The duration of a bond will be higher the lower its coupon, lower its yield, and longer the time left to maturity.
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 00206RDT6 Bond

00206RDT6 financial ratios help investors to determine whether 00206RDT6 Bond 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 00206RDT6 with respect to the benefits of owning 00206RDT6 security.