EQT AB Stock Forecast - 8 Period Moving Average
| EQT Stock | SEK 318.00 2.70 0.84% |
The 8 Period Moving Average forecasted value of EQT AB on the next trading day is expected to be 329.29 with a mean absolute deviation of 11.06 and the sum of the absolute errors of 586.37. EQT Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast EQT AB stock prices and determine the direction of EQT AB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of EQT AB's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of EQT AB to cross-verify your projections. EQT |
Most investors in EQT AB 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 EQT AB's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets EQT AB's price structures and extracts relationships that further increase the generated results' accuracy.
An 8-period moving average forecast model for EQT AB is based on an artificially constructed time series of EQT AB 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. EQT AB 8 Period Moving Average Price Forecast For the 3rd of June
Given 90 days horizon, the 8 Period Moving Average forecasted value of EQT AB on the next trading day is expected to be 329.29 with a mean absolute deviation of 11.06, mean absolute percentage error of 185.99, and the sum of the absolute errors of 586.37.Please note that although there have been many attempts to predict EQT 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 EQT AB's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
EQT AB Stock Forecast Pattern
| Backtest EQT AB | EQT AB Price Prediction | Buy or Sell Advice |
EQT AB Forecasted Value
In the context of forecasting EQT AB'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. EQT AB's downside and upside margins for the forecasting period are 327.16 and 331.42, respectively. We have considered EQT AB'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 EQT AB stock data series using in forecasting. Note that when a statistical model is used to represent EQT AB 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 | 108.6332 |
| Bias | Arithmetic mean of the errors | 0.4195 |
| MAD | Mean absolute deviation | 11.0636 |
| MAPE | Mean absolute percentage error | 0.0347 |
| SAE | Sum of the absolute errors | 586.3712 |
Predictive Modules for EQT AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EQT AB. 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 EQT AB'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 EQT AB
For every potential investor in EQT, whether a beginner or expert, EQT AB's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EQT Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EQT. Basic forecasting techniques help filter out the noise by identifying EQT AB's price trends.EQT AB 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 EQT AB stock to make a market-neutral strategy. Peer analysis of EQT AB could also be used in its relative valuation, which is a method of valuing EQT AB by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
EQT AB 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 EQT AB'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 EQT AB's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
EQT AB Market Strength Events
Market strength indicators help investors to evaluate how EQT AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EQT AB shares will generate the highest return on investment. By undertsting and applying EQT AB stock market strength indicators, traders can identify EQT AB entry and exit signals to maximize returns.
EQT AB Risk Indicators
The analysis of EQT AB'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 EQT AB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eqt 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 | 1.44 | |||
| Semi Deviation | 1.66 | |||
| Standard Deviation | 2.08 | |||
| Variance | 4.35 | |||
| Downside Variance | 3.28 | |||
| Semi Variance | 2.76 | |||
| Expected Short fall | (1.79) |
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.
Pair Trading with EQT AB
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EQT AB position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EQT AB will appreciate offsetting losses from the drop in the long position's value.Moving together with EQT Stock
| 0.72 | INDU-C | Industrivarden AB ser | PairCorr |
The ability to find closely correlated positions to EQT AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EQT AB when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EQT AB - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EQT AB to buy it.
The correlation of EQT AB is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EQT AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EQT AB moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EQT AB can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of EQT AB to cross-verify your projections. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for EQT Stock analysis
When running EQT AB's price analysis, check to measure EQT AB'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 EQT AB is operating at the current time. Most of EQT AB's value examination focuses on studying past and present price action to predict the probability of EQT AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EQT AB's price. Additionally, you may evaluate how the addition of EQT AB to your portfolios can decrease your overall portfolio volatility.
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