26439XAH6 Forecast - 20 Period Moving Average

26439XAH6   100.69  5.15  4.87%   
The 20 Period Moving Average forecasted value of Duke Energy Field on the next trading day is expected to be 103.73 with a mean absolute deviation of 2.09 and the sum of the absolute errors of 87.68. 26439XAH6 Bond Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 26439XAH6 stock prices and determine the direction of Duke Energy Field's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 26439XAH6's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A commonly used 20-period moving average forecast model for Duke Energy Field is based on a synthetically constructed 26439XAH6daily 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.

26439XAH6 20 Period Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the 20 Period Moving Average forecasted value of Duke Energy Field on the next trading day is expected to be 103.73 with a mean absolute deviation of 2.09, mean absolute percentage error of 5.48, and the sum of the absolute errors of 87.68.
Please note that although there have been many attempts to predict 26439XAH6 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 26439XAH6's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

26439XAH6 Bond Forecast Pattern

Backtest 26439XAH626439XAH6 Price PredictionBuy or Sell Advice 

26439XAH6 Forecasted Value

In the context of forecasting 26439XAH6'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. 26439XAH6's downside and upside margins for the forecasting period are 102.39 and 105.08, respectively. We have considered 26439XAH6'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
100.69
102.39
Downside
103.73
Expected Value
105.08
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 26439XAH6 bond data series using in forecasting. Note that when a statistical model is used to represent 26439XAH6 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 Criteria84.8916
BiasArithmetic mean of the errors 0.8964
MADMean absolute deviation2.0875
MAPEMean absolute percentage error0.0198
SAESum of the absolute errors87.676
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. Duke Energy Field 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for 26439XAH6

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Duke Energy Field. 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
99.34100.69102.04
Details
Intrinsic
Valuation
LowRealHigh
85.1786.52110.76
Details
Bollinger
Band Projection (param)
LowMiddleHigh
100.81105.62110.43
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 26439XAH6. Your research has to be compared to or analyzed against 26439XAH6's peers to derive any actionable benefits. When done correctly, 26439XAH6'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 Duke Energy Field.

Other Forecasting Options for 26439XAH6

For every potential investor in 26439XAH6, whether a beginner or expert, 26439XAH6's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 26439XAH6 Bond price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 26439XAH6. Basic forecasting techniques help filter out the noise by identifying 26439XAH6's price trends.

26439XAH6 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 26439XAH6 bond to make a market-neutral strategy. Peer analysis of 26439XAH6 could also be used in its relative valuation, which is a method of valuing 26439XAH6 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Duke Energy Field 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 26439XAH6'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 26439XAH6's current price.

26439XAH6 Market Strength Events

Market strength indicators help investors to evaluate how 26439XAH6 bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 26439XAH6 shares will generate the highest return on investment. By undertsting and applying 26439XAH6 bond market strength indicators, traders can identify Duke Energy Field entry and exit signals to maximize returns.

26439XAH6 Risk Indicators

The analysis of 26439XAH6'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 26439XAH6's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 26439xah6 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 Duke Energy Field 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 26439XAH6 Bond

26439XAH6 financial ratios help investors to determine whether 26439XAH6 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 26439XAH6 with respect to the benefits of owning 26439XAH6 security.