Yatas Yatak Stock Forecast - Naive Prediction

YATAS Stock  TRY 27.02  0.40  1.50%   
The Naive Prediction forecasted value of Yatas Yatak ve on the next trading day is expected to be 27.52 with a mean absolute deviation of 0.45 and the sum of the absolute errors of 28.18. Yatas Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Yatas Yatak's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Yatas Yatak is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Yatas Yatak ve value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Yatas Yatak Naive Prediction Price Forecast For the 27th of November

Given 90 days horizon, the Naive Prediction forecasted value of Yatas Yatak ve on the next trading day is expected to be 27.52 with a mean absolute deviation of 0.45, mean absolute percentage error of 0.33, and the sum of the absolute errors of 28.18.
Please note that although there have been many attempts to predict Yatas 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 Yatas Yatak's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Yatas Yatak Stock Forecast Pattern

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Yatas Yatak Forecasted Value

In the context of forecasting Yatas Yatak'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. Yatas Yatak's downside and upside margins for the forecasting period are 25.09 and 29.95, respectively. We have considered Yatas Yatak'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
27.02
27.52
Expected Value
29.95
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Yatas Yatak stock data series using in forecasting. Note that when a statistical model is used to represent Yatas Yatak 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.
AICAkaike Information Criteria118.8517
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4545
MAPEMean absolute percentage error0.0173
SAESum of the absolute errors28.1768
This model is not at all useful as a medium-long range forecasting tool of Yatas Yatak ve. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Yatas Yatak. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Yatas Yatak

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yatas Yatak ve. 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 Yatas Yatak'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.
Hype
Prediction
LowEstimatedHigh
24.5927.0229.45
Details
Intrinsic
Valuation
LowRealHigh
24.4726.9029.33
Details

Other Forecasting Options for Yatas Yatak

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

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

Yatas Yatak ve 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 Yatas Yatak'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 Yatas Yatak's current price.

Yatas Yatak Market Strength Events

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

Yatas Yatak Risk Indicators

The analysis of Yatas Yatak'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 Yatas Yatak's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yatas 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.
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

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Yatas Stock

Yatas Yatak financial ratios help investors to determine whether Yatas 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 Yatas with respect to the benefits of owning Yatas Yatak security.