Tritax Big Stock Forecast - 20 Period Moving Average
| BBOX Stock | 147.40 0.10 0.07% |
The 20 Period Moving Average forecasted value of Tritax Big Box on the next trading day is expected to be 147.18 with a mean absolute deviation of 4.61 and the sum of the absolute errors of 189.20. Tritax Stock Forecast is based on your current time horizon.
Tritax |
Tritax Big 20 Period Moving Average Price Forecast For the 5th of March
Given 90 days horizon, the 20 Period Moving Average forecasted value of Tritax Big Box on the next trading day is expected to be 147.18 with a mean absolute deviation of 4.61, mean absolute percentage error of 31.60, and the sum of the absolute errors of 189.20.Please note that although there have been many attempts to predict Tritax 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 Tritax Big's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Tritax Big Stock Forecast Pattern
| Backtest Tritax Big | Tritax Big Price Prediction | Buy or Sell Advice |
Tritax Big Forecasted Value
In the context of forecasting Tritax Big'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. Tritax Big's downside and upside margins for the forecasting period are 145.72 and 148.63, respectively. We have considered Tritax Big'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Tritax Big stock data series using in forecasting. Note that when a statistical model is used to represent Tritax Big 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 | 84.8061 |
| Bias | Arithmetic mean of the errors | -3.7951 |
| MAD | Mean absolute deviation | 4.6146 |
| MAPE | Mean absolute percentage error | 0.0322 |
| SAE | Sum of the absolute errors | 189.2 |
Predictive Modules for Tritax Big
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tritax Big Box. 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 Tritax Big
For every potential investor in Tritax, whether a beginner or expert, Tritax Big's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tritax Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tritax. Basic forecasting techniques help filter out the noise by identifying Tritax Big's price trends.Tritax Big 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 Tritax Big stock to make a market-neutral strategy. Peer analysis of Tritax Big could also be used in its relative valuation, which is a method of valuing Tritax Big by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tritax Big Box 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 Tritax Big'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 Tritax Big's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Tritax Big Market Strength Events
Market strength indicators help investors to evaluate how Tritax Big stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tritax Big shares will generate the highest return on investment. By undertsting and applying Tritax Big stock market strength indicators, traders can identify Tritax Big Box entry and exit signals to maximize returns.
Tritax Big Risk Indicators
The analysis of Tritax Big'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 Tritax Big's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tritax 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 | 0.9956 | |||
| Semi Deviation | 1.1 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.02 | |||
| Downside Variance | 1.47 | |||
| Semi Variance | 1.21 | |||
| Expected Short fall | (1.19) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Tritax Stock Analysis
When running Tritax Big's price analysis, check to measure Tritax Big's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tritax Big is operating at the current time. Most of Tritax Big's value examination focuses on studying past and present price action to predict the probability of Tritax Big's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tritax Big's price. Additionally, you may evaluate how the addition of Tritax Big to your portfolios can decrease your overall portfolio volatility.