Tecnicas Reunidas Stock Forecast - 4 Period Moving Average
| TRE Stock | EUR 12.67 0.07 0.56% |
The 4 Period Moving Average forecasted value of Tecnicas Reunidas on the next trading day is expected to be 12.64 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 18.30. Tecnicas Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tecnicas Reunidas stock prices and determine the direction of Tecnicas Reunidas's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Tecnicas Reunidas' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Tecnicas Reunidas to cross-verify your projections. Tecnicas |
Most investors in Tecnicas Reunidas 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 Tecnicas Reunidas' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Tecnicas Reunidas' price structures and extracts relationships that further increase the generated results' accuracy.
A four-period moving average forecast model for Tecnicas Reunidas is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility. Tecnicas Reunidas 4 Period Moving Average Price Forecast For the 3rd of June
Given 90 days horizon, the 4 Period Moving Average forecasted value of Tecnicas Reunidas on the next trading day is expected to be 12.64 with a mean absolute deviation of 0.32, mean absolute percentage error of 0.23, and the sum of the absolute errors of 18.30.Please note that although there have been many attempts to predict Tecnicas 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 Tecnicas Reunidas' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Tecnicas Reunidas Stock Forecast Pattern
| Backtest Tecnicas Reunidas | Tecnicas Reunidas Price Prediction | Buy or Sell Advice |
Tecnicas Reunidas Forecasted Value
In the context of forecasting Tecnicas Reunidas' 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. Tecnicas Reunidas' downside and upside margins for the forecasting period are 8.99 and 16.30, respectively. We have considered Tecnicas Reunidas' 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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Tecnicas Reunidas stock data series using in forecasting. Note that when a statistical model is used to represent Tecnicas Reunidas 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 | 109.2969 |
| Bias | Arithmetic mean of the errors | -0.2406 |
| MAD | Mean absolute deviation | 0.3211 |
| MAPE | Mean absolute percentage error | 0.0329 |
| SAE | Sum of the absolute errors | 18.3025 |
Predictive Modules for Tecnicas Reunidas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tecnicas Reunidas. 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 Tecnicas Reunidas' 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 Tecnicas Reunidas
For every potential investor in Tecnicas, whether a beginner or expert, Tecnicas Reunidas' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tecnicas Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tecnicas. Basic forecasting techniques help filter out the noise by identifying Tecnicas Reunidas' price trends.Tecnicas Reunidas 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 Tecnicas Reunidas stock to make a market-neutral strategy. Peer analysis of Tecnicas Reunidas could also be used in its relative valuation, which is a method of valuing Tecnicas Reunidas by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tecnicas Reunidas 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 Tecnicas Reunidas' 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 Tecnicas Reunidas' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Tecnicas Reunidas Market Strength Events
Market strength indicators help investors to evaluate how Tecnicas Reunidas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tecnicas Reunidas shares will generate the highest return on investment. By undertsting and applying Tecnicas Reunidas stock market strength indicators, traders can identify Tecnicas Reunidas entry and exit signals to maximize returns.
Tecnicas Reunidas Risk Indicators
The analysis of Tecnicas Reunidas' 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 Tecnicas Reunidas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tecnicas 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 | 2.2 | |||
| Semi Deviation | 1.76 | |||
| Standard Deviation | 3.64 | |||
| Variance | 13.23 | |||
| Downside Variance | 5.29 | |||
| Semi Variance | 3.11 | |||
| Expected Short fall | (2.65) |
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.Check out Historical Fundamental Analysis of Tecnicas Reunidas to cross-verify your projections. Note that the Tecnicas Reunidas information on this page should be used as a complementary analysis to other Tecnicas Reunidas' 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 Tecnicas Stock analysis
When running Tecnicas Reunidas' price analysis, check to measure Tecnicas Reunidas' 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 Tecnicas Reunidas is operating at the current time. Most of Tecnicas Reunidas' value examination focuses on studying past and present price action to predict the probability of Tecnicas Reunidas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tecnicas Reunidas' price. Additionally, you may evaluate how the addition of Tecnicas Reunidas to your portfolios can decrease your overall portfolio volatility.
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