Ceylon Beverage Stock Forecast - 20 Period Moving Average

A commonly used 20-period moving average forecast model for Ceylon Beverage Holdings is based on a synthetically constructed Ceylon Beveragedaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Ceylon Beverage 20 Period Moving Average Price Forecast For the 27th of March

Given 90 days horizon, the 20 Period Moving Average forecasted value of Ceylon Beverage Holdings on the next trading day is expected to be 2,651 with a mean absolute deviation of 143.00, mean absolute percentage error of 25,560, and the sum of the absolute errors of 5,863.

Ceylon Beverage Stock Forecast Pattern

Ceylon Beverage Forecasted Value

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 Ceylon Beverage stock data series using in forecasting. Note that when a statistical model is used to represent Ceylon Beverage 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 eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Ceylon Beverage Holdings 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Ceylon Beverage

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ceylon Beverage Holdings. 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 2,609 2,610 2,612 Details

Intrinsic Valuation Low Real High 2,349 2,865 2,867 Details

Bollinger Band Projection (param) Low Middle High 2,544 2,651 2,758 Details

Other Forecasting Options for Ceylon Beverage

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

Ceylon Beverage Related Equities

Risk & Return

Correlation

Ceylon Beverage Holdings 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 Ceylon Beverage'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 Ceylon Beverage's current price.

Ceylon Beverage Market Strength Events

Ceylon Beverage Risk Indicators

Other Information on Investing in Ceylon Stock