Doosan Engine Stock Forecast - Simple Moving Average

A two period moving average forecast for Doosan Engine 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.

Doosan Engine Simple Moving Average Price Forecast For the 17th of March 2025

Given 90 days horizon, the Simple Moving Average forecasted value of Doosan Engine Co on the next trading day is expected to be 23,350 with a mean absolute deviation of 786.69, mean absolute percentage error of 1,112,944, and the sum of the absolute errors of 46,415.

Doosan Engine Stock Forecast Pattern

Doosan Engine Forecasted Value

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 Doosan Engine stock data series using in forecasting. Note that when a statistical model is used to represent Doosan Engine 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. The simple moving average model is conceptually a linear regression of the current value of Doosan Engine Co price series against current and previous (unobserved) value of Doosan Engine. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Doosan Engine

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Doosan Engine. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Doosan Engine. Your research has to be compared to or analyzed against Doosan Engine's peers to derive any actionable benefits. When done correctly, Doosan Engine's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Doosan Engine.

Other Forecasting Options for Doosan Engine

For every potential investor in Doosan, whether a beginner or expert, Doosan Engine's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Doosan Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Doosan. Basic forecasting techniques help filter out the noise by identifying Doosan Engine's price trends.

Doosan Engine Related Equities

Risk & Return

Correlation

Doosan Engine 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 Doosan Engine'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 Doosan Engine's current price.

Doosan Engine Market Strength Events

Doosan Engine Risk Indicators

Pair Trading with Doosan Engine

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 Doosan Engine 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 Doosan Engine will appreciate offsetting losses from the drop in the long position's value.