CALGRO M3 Stock Forecast - 8 Period Moving Average
| 5C2 Stock | EUR 0.28 0.02 7.69% |
The 8 Period Moving Average forecasted value of CALGRO M3 on the next trading day is expected to be 0.22 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.41. CALGRO Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CALGRO M3 stock prices and determine the direction of CALGRO M3's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CALGRO M3's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of CALGRO M3 to cross-verify your projections. CALGRO |
Most investors in CALGRO M3 cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the CALGRO M3's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets CALGRO M3's price structures and extracts relationships that further increase the generated results' accuracy.
An 8-period moving average forecast model for CALGRO M3 is based on an artificially constructed time series of CALGRO M3 daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time. CALGRO M3 8 Period Moving Average Price Forecast For the 18th of May 2024
Given 90 days horizon, the 8 Period Moving Average forecasted value of CALGRO M3 on the next trading day is expected to be 0.27 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.46.Please note that although there have been many attempts to predict CALGRO 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 CALGRO M3's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
CALGRO M3 Stock Forecast Pattern
| Backtest CALGRO M3 | CALGRO M3 Price Prediction | Buy or Sell Advice |
CALGRO M3 Forecasted Value
In the context of forecasting CALGRO M3'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. CALGRO M3's downside and upside margins for the forecasting period are 0 and 4.16, respectively. We have considered CALGRO M3'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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of CALGRO M3 stock data series using in forecasting. Note that when a statistical model is used to represent CALGRO M3 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 | 94.3186 |
| Bias | Arithmetic mean of the errors | -0.005 |
| MAD | Mean absolute deviation | 0.0086 |
| MAPE | Mean absolute percentage error | 0.0346 |
| SAE | Sum of the absolute errors | 0.455 |
Predictive Modules for CALGRO M3
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CALGRO M3. 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 CALGRO M3'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.
Other Forecasting Options for CALGRO M3
For every potential investor in CALGRO, whether a beginner or expert, CALGRO M3's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CALGRO Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CALGRO. Basic forecasting techniques help filter out the noise by identifying CALGRO M3's price trends.CALGRO M3 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 CALGRO M3 stock to make a market-neutral strategy. Peer analysis of CALGRO M3 could also be used in its relative valuation, which is a method of valuing CALGRO M3 by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CALGRO M3 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 CALGRO M3'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 CALGRO M3's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
CALGRO M3 Market Strength Events
Market strength indicators help investors to evaluate how CALGRO M3 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CALGRO M3 shares will generate the highest return on investment. By undertsting and applying CALGRO M3 stock market strength indicators, traders can identify CALGRO M3 entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.08 | |||
| Day Median Price | 0.28 | |||
| Day Typical Price | 0.28 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 58.59 |
CALGRO M3 Risk Indicators
The analysis of CALGRO M3'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 CALGRO M3's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting calgro 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 | 2.99 | |||
| Semi Deviation | 2.89 | |||
| Standard Deviation | 3.89 | |||
| Variance | 15.17 | |||
| Downside Variance | 24.12 | |||
| Semi Variance | 8.35 | |||
| Expected Short fall | (5.10) |
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.| C | Citigroup | |
| CRM | Salesforce | |
| MSFT | Microsoft |
Check out Historical Fundamental Analysis of CALGRO M3 to cross-verify your projections. Note that the CALGRO M3 information on this page should be used as a complementary analysis to other CALGRO M3's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for CALGRO Stock analysis
When running CALGRO M3's price analysis, check to measure CALGRO M3's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CALGRO M3 is operating at the current time. Most of CALGRO M3's value examination focuses on studying past and present price action to predict the probability of CALGRO M3's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CALGRO M3's price. Additionally, you may evaluate how the addition of CALGRO M3 to your portfolios can decrease your overall portfolio volatility.
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