UNIVMUSIC GRPADR050 Stock Forecast - 20 Period Moving Average

0VD0 Stock   11.50  0.10  0.88%   
The 20 Period Moving Average forecasted value of UNIVMUSIC GRPADR050 on the next trading day is expected to be 11.23 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 8.60. UNIVMUSIC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of UNIVMUSIC GRPADR050's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A commonly used 20-period moving average forecast model for UNIVMUSIC GRPADR050 is based on a synthetically constructed UNIVMUSIC GRPADR050daily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

UNIVMUSIC GRPADR050 20 Period Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the 20 Period Moving Average forecasted value of UNIVMUSIC GRPADR050 on the next trading day is expected to be 11.23 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.06, and the sum of the absolute errors of 8.60.
Please note that although there have been many attempts to predict UNIVMUSIC 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 UNIVMUSIC GRPADR050's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

UNIVMUSIC GRPADR050 Stock Forecast Pattern

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UNIVMUSIC GRPADR050 Forecasted Value

In the context of forecasting UNIVMUSIC GRPADR050'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. UNIVMUSIC GRPADR050's downside and upside margins for the forecasting period are 9.94 and 12.53, respectively. We have considered UNIVMUSIC GRPADR050'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.
Market Value
11.50
11.23
Expected Value
12.53
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of UNIVMUSIC GRPADR050 stock data series using in forecasting. Note that when a statistical model is used to represent UNIVMUSIC GRPADR050 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.
AICAkaike Information Criteria78.4995
BiasArithmetic mean of the errors 0.0588
MADMean absolute deviation0.2097
MAPEMean absolute percentage error0.0185
SAESum of the absolute errors8.599
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. UNIVMUSIC GRPADR050 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for UNIVMUSIC GRPADR050

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as UNIVMUSIC GRPADR050. 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.
Hype
Prediction
LowEstimatedHigh
10.2111.5012.79
Details
Intrinsic
Valuation
LowRealHigh
8.699.9812.65
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.8711.2611.64
Details

Other Forecasting Options for UNIVMUSIC GRPADR050

For every potential investor in UNIVMUSIC, whether a beginner or expert, UNIVMUSIC GRPADR050's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. UNIVMUSIC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in UNIVMUSIC. Basic forecasting techniques help filter out the noise by identifying UNIVMUSIC GRPADR050's price trends.

UNIVMUSIC GRPADR050 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 UNIVMUSIC GRPADR050 stock to make a market-neutral strategy. Peer analysis of UNIVMUSIC GRPADR050 could also be used in its relative valuation, which is a method of valuing UNIVMUSIC GRPADR050 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

UNIVMUSIC GRPADR050 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 UNIVMUSIC GRPADR050'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 UNIVMUSIC GRPADR050's current price.

UNIVMUSIC GRPADR050 Market Strength Events

Market strength indicators help investors to evaluate how UNIVMUSIC GRPADR050 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UNIVMUSIC GRPADR050 shares will generate the highest return on investment. By undertsting and applying UNIVMUSIC GRPADR050 stock market strength indicators, traders can identify UNIVMUSIC GRPADR050 entry and exit signals to maximize returns.

UNIVMUSIC GRPADR050 Risk Indicators

The analysis of UNIVMUSIC GRPADR050'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 UNIVMUSIC GRPADR050's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting univmusic 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.
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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Other Information on Investing in UNIVMUSIC Stock

UNIVMUSIC GRPADR050 financial ratios help investors to determine whether UNIVMUSIC 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 UNIVMUSIC with respect to the benefits of owning UNIVMUSIC GRPADR050 security.