Welsbach Technology Stock Forecast - 4 Period Moving Average
WTMAUDelisted Stock | USD 10.56 0.04 0.38% |
The 4 Period Moving Average forecasted value of Welsbach Technology Metals on the next trading day is expected to be 10.54 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 12.97. Welsbach Stock Forecast is based on your current time horizon.
Welsbach |
Welsbach Technology 4 Period Moving Average Price Forecast For the 21st of January
Given 90 days horizon, the 4 Period Moving Average forecasted value of Welsbach Technology Metals on the next trading day is expected to be 10.54 with a mean absolute deviation of 0.23, mean absolute percentage error of 0.37, and the sum of the absolute errors of 12.97.Please note that although there have been many attempts to predict Welsbach 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 Welsbach Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Welsbach Technology Stock Forecast Pattern
Backtest Welsbach Technology | Welsbach Technology Price Prediction | Buy or Sell Advice |
Welsbach Technology Forecasted Value
In the context of forecasting Welsbach Technology'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. Welsbach Technology's downside and upside margins for the forecasting period are 7.30 and 13.78, respectively. We have considered Welsbach Technology'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 Welsbach Technology stock data series using in forecasting. Note that when a statistical model is used to represent Welsbach Technology 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 | 109.7546 |
Bias | Arithmetic mean of the errors | 0.0317 |
MAD | Mean absolute deviation | 0.2275 |
MAPE | Mean absolute percentage error | 0.0199 |
SAE | Sum of the absolute errors | 12.97 |
Predictive Modules for Welsbach Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Welsbach Technology. 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 Welsbach Technology
For every potential investor in Welsbach, whether a beginner or expert, Welsbach Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Welsbach Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Welsbach. Basic forecasting techniques help filter out the noise by identifying Welsbach Technology's price trends.Welsbach Technology 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 Welsbach Technology stock to make a market-neutral strategy. Peer analysis of Welsbach Technology could also be used in its relative valuation, which is a method of valuing Welsbach Technology by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Welsbach Technology 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 Welsbach Technology'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 Welsbach Technology's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Welsbach Technology Market Strength Events
Market strength indicators help investors to evaluate how Welsbach Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Welsbach Technology shares will generate the highest return on investment. By undertsting and applying Welsbach Technology stock market strength indicators, traders can identify Welsbach Technology Metals entry and exit signals to maximize returns.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 10.56 | |||
Day Typical Price | 10.56 | |||
Price Action Indicator | 0.02 | |||
Period Momentum Indicator | 0.04 |
Welsbach Technology Risk Indicators
The analysis of Welsbach Technology'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 Welsbach Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting welsbach 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 | 0.6676 | |||
Standard Deviation | 3.12 | |||
Variance | 9.72 |
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.
Thematic Opportunities
Explore Investment Opportunities
Check out Historical Fundamental Analysis of Welsbach Technology to cross-verify your projections. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in Welsbach Stock
If you are still planning to invest in Welsbach Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Welsbach Technology's history and understand the potential risks before investing.
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