ViacomCBS Stock Forecast - 4 Period Moving Average

0VV Stock  EUR 21.60  0.85  4.10%   
The 4 Period Moving Average forecasted value of ViacomCBS on the next trading day is expected to be 21.21 with a mean absolute deviation of 0.27 and the sum of the absolute errors of 15.55. ViacomCBS Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ViacomCBS's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for ViacomCBS 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.

ViacomCBS 4 Period Moving Average Price Forecast For the 27th of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of ViacomCBS on the next trading day is expected to be 21.21 with a mean absolute deviation of 0.27, mean absolute percentage error of 0.17, and the sum of the absolute errors of 15.55.
Please note that although there have been many attempts to predict ViacomCBS 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 ViacomCBS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ViacomCBS Stock Forecast Pattern

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ViacomCBS Forecasted Value

In the context of forecasting ViacomCBS'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. ViacomCBS's downside and upside margins for the forecasting period are 19.52 and 22.90, respectively. We have considered ViacomCBS'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
21.60
21.21
Expected Value
22.90
Upside

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 ViacomCBS stock data series using in forecasting. Note that when a statistical model is used to represent ViacomCBS 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 Criteria108.9658
BiasArithmetic mean of the errors -0.0816
MADMean absolute deviation0.2727
MAPEMean absolute percentage error0.0129
SAESum of the absolute errors15.545
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of ViacomCBS. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for ViacomCBS and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for ViacomCBS

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ViacomCBS. 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
19.9121.6023.29
Details
Intrinsic
Valuation
LowRealHigh
21.3022.9924.68
Details
Bollinger
Band Projection (param)
LowMiddleHigh
17.2321.5425.84
Details

Other Forecasting Options for ViacomCBS

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

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

ViacomCBS 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 ViacomCBS'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 ViacomCBS's current price.

ViacomCBS Market Strength Events

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

ViacomCBS Risk Indicators

The analysis of ViacomCBS'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 ViacomCBS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting viacomcbs 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 ViacomCBS Stock

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