Applied DB Stock Forecast - 8 Period Moving Average
| ADB Stock | THB 0.88 0.02 2.22% |
The 8 Period Moving Average forecasted value of Applied DB Public on the next trading day is expected to be 0.88 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.49. Applied Stock Forecast is based on your current time horizon.
Applied |
Applied DB 8 Period Moving Average Price Forecast For the 27th of December
Given 90 days horizon, the 8 Period Moving Average forecasted value of Applied DB Public on the next trading day is expected to be 0.88 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 2.49.Please note that although there have been many attempts to predict Applied 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 Applied DB's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Applied DB Stock Forecast Pattern
| Backtest Applied DB | Applied DB Price Prediction | Buy or Sell Advice |
Applied DB Forecasted Value
In the context of forecasting Applied DB'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. Applied DB's downside and upside margins for the forecasting period are 0.01 and 5.34, respectively. We have considered Applied DB'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Applied DB stock data series using in forecasting. Note that when a statistical model is used to represent Applied DB 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 | 97.8311 |
| Bias | Arithmetic mean of the errors | 9.0E-4 |
| MAD | Mean absolute deviation | 0.0469 |
| MAPE | Mean absolute percentage error | 0.0505 |
| SAE | Sum of the absolute errors | 2.4875 |
Predictive Modules for Applied DB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Applied DB Public. 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.Other Forecasting Options for Applied DB
For every potential investor in Applied, whether a beginner or expert, Applied DB's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Applied Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Applied. Basic forecasting techniques help filter out the noise by identifying Applied DB's price trends.Applied DB 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 Applied DB stock to make a market-neutral strategy. Peer analysis of Applied DB could also be used in its relative valuation, which is a method of valuing Applied DB by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Applied DB Public 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 Applied DB'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 Applied DB's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Applied DB Market Strength Events
Market strength indicators help investors to evaluate how Applied DB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Applied DB shares will generate the highest return on investment. By undertsting and applying Applied DB stock market strength indicators, traders can identify Applied DB Public entry and exit signals to maximize returns.
Applied DB Risk Indicators
The analysis of Applied DB'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 Applied DB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting applied 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 | 3.13 | |||
| Standard Deviation | 4.58 | |||
| Variance | 20.99 |
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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Applied DB financial ratios help investors to determine whether Applied 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 Applied with respect to the benefits of owning Applied DB security.