ALK Abell Stock Forecast - 20 Period Moving Average
| ALK-B Stock | DKK 152.00 3.90 2.50% |
The 20 Period Moving Average forecasted value of ALK Abell AS on the next trading day is expected to be 140.85 with a mean absolute deviation of 7.15 and the sum of the absolute errors of 293.04. ALK Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ALK Abell stock prices and determine the direction of ALK Abell AS's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ALK Abell's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of ALK Abell to cross-verify your projections. ALK |
Most investors in ALK Abell 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 ALK Abell's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ALK Abell's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for ALK Abell AS is based on a synthetically constructed ALK Abelldaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time. ALK Abell 20 Period Moving Average Price Forecast For the 19th of May
Given 90 days horizon, the 20 Period Moving Average forecasted value of ALK Abell AS on the next trading day is expected to be 140.85 with a mean absolute deviation of 7.15, mean absolute percentage error of 109.13, and the sum of the absolute errors of 293.04.Please note that although there have been many attempts to predict ALK 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 ALK Abell's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
ALK Abell Stock Forecast Pattern
| Backtest ALK Abell | ALK Abell Price Prediction | Buy or Sell Advice |
ALK Abell Forecasted Value
In the context of forecasting ALK Abell'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. ALK Abell's downside and upside margins for the forecasting period are 138.67 and 143.04, respectively. We have considered ALK Abell'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 ALK Abell stock data series using in forecasting. Note that when a statistical model is used to represent ALK Abell 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 | 86.0455 |
| Bias | Arithmetic mean of the errors | -4.292 |
| MAD | Mean absolute deviation | 7.1473 |
| MAPE | Mean absolute percentage error | 0.0499 |
| SAE | Sum of the absolute errors | 293.04 |
Predictive Modules for ALK Abell
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ALK Abell AS. 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 ALK Abell'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 ALK Abell
For every potential investor in ALK, whether a beginner or expert, ALK Abell's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ALK Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ALK. Basic forecasting techniques help filter out the noise by identifying ALK Abell's price trends.ALK Abell 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 ALK Abell stock to make a market-neutral strategy. Peer analysis of ALK Abell could also be used in its relative valuation, which is a method of valuing ALK Abell by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ALK Abell AS 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 ALK Abell'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 ALK Abell's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ALK Abell Market Strength Events
Market strength indicators help investors to evaluate how ALK Abell stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALK Abell shares will generate the highest return on investment. By undertsting and applying ALK Abell stock market strength indicators, traders can identify ALK Abell AS entry and exit signals to maximize returns.
ALK Abell Risk Indicators
The analysis of ALK Abell'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 ALK Abell's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alk 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 | 1.32 | |||
| Semi Deviation | 1.15 | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.8 | |||
| Downside Variance | 1.93 | |||
| Semi Variance | 1.32 | |||
| Expected Short fall | (1.59) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of ALK Abell to cross-verify your projections. Note that the ALK Abell AS information on this page should be used as a complementary analysis to other ALK Abell'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for ALK Stock analysis
When running ALK Abell's price analysis, check to measure ALK Abell'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 ALK Abell is operating at the current time. Most of ALK Abell's value examination focuses on studying past and present price action to predict the probability of ALK Abell's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALK Abell's price. Additionally, you may evaluate how the addition of ALK Abell to your portfolios can decrease your overall portfolio volatility.
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