Wilh Wilhelmsen Stock Forecast - 20 Period Moving Average
| WWI Stock | NOK 444.50 11.50 2.66% |
The 20 Period Moving Average forecasted value of Wilh Wilhelmsen Holding on the next trading day is expected to be 419.58 with a mean absolute deviation of 19.70 and the sum of the absolute errors of 807.71. Wilh Stock Forecast is based on your current time horizon.
Wilh |
Wilh Wilhelmsen 20 Period Moving Average Price Forecast For the 25th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Wilh Wilhelmsen Holding on the next trading day is expected to be 419.58 with a mean absolute deviation of 19.70, mean absolute percentage error of 561.17, and the sum of the absolute errors of 807.71.Please note that although there have been many attempts to predict Wilh 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 Wilh Wilhelmsen's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Wilh Wilhelmsen Stock Forecast Pattern
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Wilh Wilhelmsen Forecasted Value
In the context of forecasting Wilh Wilhelmsen'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. Wilh Wilhelmsen's downside and upside margins for the forecasting period are 418.07 and 421.10, respectively. We have considered Wilh Wilhelmsen'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Wilh Wilhelmsen stock data series using in forecasting. Note that when a statistical model is used to represent Wilh Wilhelmsen 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 | 87.683 |
| Bias | Arithmetic mean of the errors | 0.8991 |
| MAD | Mean absolute deviation | 19.7004 |
| MAPE | Mean absolute percentage error | 0.0458 |
| SAE | Sum of the absolute errors | 807.715 |
Predictive Modules for Wilh Wilhelmsen
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wilh Wilhelmsen Holding. 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 Wilh Wilhelmsen
For every potential investor in Wilh, whether a beginner or expert, Wilh Wilhelmsen's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wilh Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wilh. Basic forecasting techniques help filter out the noise by identifying Wilh Wilhelmsen's price trends.Wilh Wilhelmsen 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 Wilh Wilhelmsen stock to make a market-neutral strategy. Peer analysis of Wilh Wilhelmsen could also be used in its relative valuation, which is a method of valuing Wilh Wilhelmsen by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Wilh Wilhelmsen Holding 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 Wilh Wilhelmsen'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 Wilh Wilhelmsen's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
Wilh Wilhelmsen Market Strength Events
Market strength indicators help investors to evaluate how Wilh Wilhelmsen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wilh Wilhelmsen shares will generate the highest return on investment. By undertsting and applying Wilh Wilhelmsen stock market strength indicators, traders can identify Wilh Wilhelmsen Holding entry and exit signals to maximize returns.
Wilh Wilhelmsen Risk Indicators
The analysis of Wilh Wilhelmsen'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 Wilh Wilhelmsen's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wilh 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 | 1.12 | |||
| Semi Deviation | 1.39 | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.3 | |||
| Downside Variance | 3.05 | |||
| Semi Variance | 1.92 | |||
| Expected Short fall | (1.17) |
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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Wilh Wilhelmsen financial ratios help investors to determine whether Wilh Stock 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 Wilh with respect to the benefits of owning Wilh Wilhelmsen security.