Yes Bank Stock Forecast - 4 Period Moving Average

YESBANK Stock   19.21  0.08  0.42%   
The 4 Period Moving Average forecasted value of Yes Bank Limited on the next trading day is expected to be 19.28 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 19.79. Yes Stock Forecast is based on your current time horizon. Although Yes Bank's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Yes Bank's systematic risk associated with finding meaningful patterns of Yes Bank fundamentals over time.
  
At this time, Yes Bank's Non Current Assets Total are quite stable compared to the past year. Cash And Short Term Investments is expected to rise to about 665.8 B this year, although the value of Other Assets are projected to rise to (1.7 T).
A four-period moving average forecast model for Yes Bank Limited is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Yes Bank 4 Period Moving Average Price Forecast For the 24th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Yes Bank Limited on the next trading day is expected to be 19.28 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.19, and the sum of the absolute errors of 19.79.
Please note that although there have been many attempts to predict Yes 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 Yes Bank's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Yes Bank Stock Forecast Pattern

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Yes Bank Forecasted Value

In the context of forecasting Yes Bank'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. Yes Bank's downside and upside margins for the forecasting period are 17.70 and 20.85, respectively. We have considered Yes Bank'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
19.21
19.28
Expected Value
20.85
Upside

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 Yes Bank stock data series using in forecasting. Note that when a statistical model is used to represent Yes Bank 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 Criteria109.1063
BiasArithmetic mean of the errors 0.1979
MADMean absolute deviation0.3471
MAPEMean absolute percentage error0.0166
SAESum of the absolute errors19.7875
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Yes Bank. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Yes Bank Limited and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Yes Bank

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yes Bank Limited. 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.
Hype
Prediction
LowEstimatedHigh
17.5719.1520.73
Details
Intrinsic
Valuation
LowRealHigh
15.4917.0721.13
Details
Bollinger
Band Projection (param)
LowMiddleHigh
19.1119.1819.26
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.240.240.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Yes Bank. Your research has to be compared to or analyzed against Yes Bank's peers to derive any actionable benefits. When done correctly, Yes Bank'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 Yes Bank Limited.

Other Forecasting Options for Yes Bank

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

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

Yes Bank Limited 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 Yes Bank'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 Yes Bank's current price.

Yes Bank Market Strength Events

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

Yes Bank Risk Indicators

The analysis of Yes Bank'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 Yes Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yes 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.

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 Yes Stock

Yes Bank financial ratios help investors to determine whether Yes 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 Yes with respect to the benefits of owning Yes Bank security.