Shenandoah Telecommunicatio Stock Forecast - Simple Moving Average
| SHEN Stock | USD 18.76 0.05 0.27% |
The Simple Moving Average forecasted value of Shenandoah Telecommunications Co on the next trading day is expected to be 18.76 with a mean absolute deviation of 0.38 and the sum of the absolute errors of 22.47. Shenandoah Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shenandoah Telecommunicatio stock prices and determine the direction of Shenandoah Telecommunications Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shenandoah Telecommunicatio's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Shenandoah Telecommunicatio to cross-verify your projections. Shenandoah |
Most investors in Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Shenandoah Telecommunicatio's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for Shenandoah Telecommunicatio is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility. Shenandoah Telecommunicatio Simple Moving Average Price Forecast For the 5th of June
Given 90 days horizon, the Simple Moving Average forecasted value of Shenandoah Telecommunications Co on the next trading day is expected to be 18.76 with a mean absolute deviation of 0.38, mean absolute percentage error of 0.26, and the sum of the absolute errors of 22.47.Please note that although there have been many attempts to predict Shenandoah 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 Shenandoah Telecommunicatio's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Shenandoah Telecommunicatio Stock Forecast Pattern
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Shenandoah Telecommunicatio Forecasted Value
In the context of forecasting Shenandoah Telecommunicatio'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. Shenandoah Telecommunicatio's downside and upside margins for the forecasting period are 16.17 and 21.35, respectively. We have considered Shenandoah Telecommunicatio'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Shenandoah Telecommunicatio stock data series using in forecasting. Note that when a statistical model is used to represent Shenandoah Telecommunicatio 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 | 113.0982 |
| Bias | Arithmetic mean of the errors | -0.0117 |
| MAD | Mean absolute deviation | 0.3808 |
| MAPE | Mean absolute percentage error | 0.0239 |
| SAE | Sum of the absolute errors | 22.47 |
Predictive Modules for Shenandoah Telecommunicatio
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shenandoah Telecommunicatio. 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 Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio
For every potential investor in Shenandoah, whether a beginner or expert, Shenandoah Telecommunicatio's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shenandoah Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shenandoah. Basic forecasting techniques help filter out the noise by identifying Shenandoah Telecommunicatio's price trends.View Shenandoah Telecommunicatio Related Equities
| Risk & Return | Correlation |
Shenandoah Telecommunicatio 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 Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio's current price.| Cycle Indicators | ||
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| Overlap Studies | ||
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Shenandoah Telecommunicatio Market Strength Events
Market strength indicators help investors to evaluate how Shenandoah Telecommunicatio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenandoah Telecommunicatio shares will generate the highest return on investment. By undertsting and applying Shenandoah Telecommunicatio stock market strength indicators, traders can identify Shenandoah Telecommunications Co entry and exit signals to maximize returns.
Shenandoah Telecommunicatio Risk Indicators
The analysis of Shenandoah Telecommunicatio'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 Shenandoah Telecommunicatio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shenandoah 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 | 1.93 | |||
| Semi Deviation | 2.41 | |||
| Standard Deviation | 2.59 | |||
| Variance | 6.71 | |||
| Downside Variance | 6.28 | |||
| Semi Variance | 5.83 | |||
| Expected Short fall | (1.93) |
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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When determining whether Shenandoah Telecommunicatio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shenandoah Telecommunicatio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shenandoah Telecommunications Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shenandoah Telecommunications Co Stock:Check out Historical Fundamental Analysis of Shenandoah Telecommunicatio to cross-verify your projections. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Communication space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shenandoah Telecommunicatio. If investors know Shenandoah will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shenandoah Telecommunicatio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Shenandoah Telecommunicatio is measured differently than its book value, which is the value of Shenandoah that is recorded on the company's balance sheet. Investors also form their own opinion of Shenandoah Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Shenandoah Telecommunicatio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shenandoah Telecommunicatio's market value can be influenced by many factors that don't directly affect Shenandoah Telecommunicatio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shenandoah Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shenandoah Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shenandoah Telecommunicatio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.