Sendas Distribuidora Stock Forecast - Simple Moving Average
| ASAIDelisted Stock | USD 4.60 0.09 2.00% |
The Simple Moving Average forecasted value of Sendas Distribuidora SA on the next trading day is expected to be 4.60 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.15. Sendas Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sendas Distribuidora's historical fundamentals, such as revenue growth or operating cash flow patterns.
Sendas |
Sendas Distribuidora Simple Moving Average Price Forecast For the 27th of February
Given 90 days horizon, the Simple Moving Average forecasted value of Sendas Distribuidora SA on the next trading day is expected to be 4.60 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.07, and the sum of the absolute errors of 11.15.Please note that although there have been many attempts to predict Sendas 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 Sendas Distribuidora's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sendas Distribuidora Stock Forecast Pattern
| Backtest Sendas Distribuidora | Sendas Distribuidora Price Prediction | Buy or Sell Advice |
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 Sendas Distribuidora stock data series using in forecasting. Note that when a statistical model is used to represent Sendas Distribuidora 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 | 111.8096 |
| Bias | Arithmetic mean of the errors | 0.0428 |
| MAD | Mean absolute deviation | 0.1891 |
| MAPE | Mean absolute percentage error | 0.0348 |
| SAE | Sum of the absolute errors | 11.155 |
Predictive Modules for Sendas Distribuidora
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sendas Distribuidora. 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.Sendas Distribuidora 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 Sendas Distribuidora stock to make a market-neutral strategy. Peer analysis of Sendas Distribuidora could also be used in its relative valuation, which is a method of valuing Sendas Distribuidora by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sendas Distribuidora Market Strength Events
Market strength indicators help investors to evaluate how Sendas Distribuidora stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sendas Distribuidora shares will generate the highest return on investment. By undertsting and applying Sendas Distribuidora stock market strength indicators, traders can identify Sendas Distribuidora SA entry and exit signals to maximize returns.
Sendas Distribuidora Risk Indicators
The analysis of Sendas Distribuidora'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 Sendas Distribuidora's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sendas 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 | 3.01 | |||
| Standard Deviation | 4.16 | |||
| Variance | 17.35 |
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.
Currently Active Assets on Macroaxis
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Sendas Stock
If you are still planning to invest in Sendas Distribuidora check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sendas Distribuidora's history and understand the potential risks before investing.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |