Ray Stock Forecast - Simple Moving Average

A two period moving average forecast for Ray 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.

Ray Simple Moving Average Price Forecast For the 25th of March

Given 90 days horizon, the Simple Moving Average forecasted value of Ray Co on the next trading day is expected to be 8,265 with a mean absolute deviation of 226.95, mean absolute percentage error of 94,617, and the sum of the absolute errors of 13,390.

Ray Stock Forecast Pattern

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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 Ray stock data series using in forecasting. Note that when a statistical model is used to represent Ray 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 Ray Co price series against current and previous (unobserved) value of Ray. 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 Ray

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ray Co. 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 Low Estimated High 8,286 8,290 8,294 Details

Intrinsic Valuation Low Real High 7,461 9,172 9,175 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ray. Your research has to be compared to or analyzed against Ray's peers to derive any actionable benefits. When done correctly, Ray'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 Ray Co.

Other Forecasting Options for Ray

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

Ray Related Equities

Risk & Return

Correlation

Ray Co 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 Ray'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 Ray's current price.

Ray Market Strength Events

Ray Risk Indicators

Pair Trading with Ray

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

Other Information on Investing in Ray Stock