Kerur Holdings Stock Forecast - Naive Prediction
| KRUR Stock | ILS 6,250 20.00 0.32% |
The Naive Prediction forecasted value of Kerur Holdings on the next trading day is expected to be 6,250 with a mean absolute deviation of 113.95 and the sum of the absolute errors of 6,951. Kerur Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Kerur Holdings stock prices and determine the direction of Kerur Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Kerur Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Kerur |
Most investors in Kerur Holdings 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 Kerur Holdings' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Kerur Holdings' price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Kerur Holdings is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Kerur Holdings 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. Kerur Holdings Naive Prediction Price Forecast For the 10th of June
Given 90 days horizon, the Naive Prediction forecasted value of Kerur Holdings on the next trading day is expected to be 6,250 with a mean absolute deviation of 113.95, mean absolute percentage error of 21,656, and the sum of the absolute errors of 6,951.Please note that although there have been many attempts to predict Kerur 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 Kerur Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Kerur Holdings Stock Forecast Pattern
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Kerur Holdings Forecasted Value
In the context of forecasting Kerur Holdings' 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. Kerur Holdings' downside and upside margins for the forecasting period are 6,249 and 6,252, respectively. We have considered Kerur Holdings' 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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Kerur Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Kerur Holdings 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 | 128.0935 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 113.953 |
| MAPE | Mean absolute percentage error | 0.0172 |
| SAE | Sum of the absolute errors | 6951.1303 |
Predictive Modules for Kerur Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kerur Holdings. 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 Kerur Holdings' 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 Kerur Holdings
For every potential investor in Kerur, whether a beginner or expert, Kerur Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Kerur Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Kerur. Basic forecasting techniques help filter out the noise by identifying Kerur Holdings' price trends.Kerur Holdings 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 Kerur Holdings stock to make a market-neutral strategy. Peer analysis of Kerur Holdings could also be used in its relative valuation, which is a method of valuing Kerur Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Kerur Holdings 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 Kerur Holdings' 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 Kerur Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Kerur Holdings Market Strength Events
Market strength indicators help investors to evaluate how Kerur Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kerur Holdings shares will generate the highest return on investment. By undertsting and applying Kerur Holdings stock market strength indicators, traders can identify Kerur Holdings entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0196 | |||
| Daily Balance Of Power | (0.16) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 6261.0 | |||
| Day Typical Price | 6257.33 | |||
| Market Facilitation Index | 124.0 | |||
| Price Action Indicator | (21.00) | |||
| Period Momentum Indicator | (20.00) | |||
| Relative Strength Index | 40.82 |
Kerur Holdings Risk Indicators
The analysis of Kerur Holdings' 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 Kerur Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kerur 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 | 1.01 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.28 |
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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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 Kerur Stock
Kerur Holdings financial ratios help investors to determine whether Kerur 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 Kerur with respect to the benefits of owning Kerur Holdings security.