Deva Holding Stock Forecast - 20 Period Moving Average

DEVA Stock  TRY 73.90  0.30  0.40%   
The 20 Period Moving Average forecasted value of Deva Holding AS on the next trading day is expected to be 74.19 with a mean absolute deviation of 2.38 and the sum of the absolute errors of 97.50. Deva Stock Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Deva Holding AS is based on a synthetically constructed Deva Holdingdaily 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.

Deva Holding 20 Period Moving Average Price Forecast For the 25th of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of Deva Holding AS on the next trading day is expected to be 74.19 with a mean absolute deviation of 2.38, mean absolute percentage error of 10.41, and the sum of the absolute errors of 97.50.
Please note that although there have been many attempts to predict Deva 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 Deva Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Deva Holding Stock Forecast Pattern

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Deva Holding Forecasted Value

In the context of forecasting Deva Holding'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. Deva Holding's downside and upside margins for the forecasting period are 72.17 and 76.22, respectively. We have considered Deva Holding'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.
Market Value
73.90
74.19
Expected Value
76.22
Upside

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 Deva Holding stock data series using in forecasting. Note that when a statistical model is used to represent Deva Holding 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.
AICAkaike Information Criteria83.6956
BiasArithmetic mean of the errors -2.1463
MADMean absolute deviation2.3781
MAPEMean absolute percentage error0.0322
SAESum of the absolute errors97.5025
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. Deva Holding AS 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Deva Holding

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Deva Holding AS. 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
LowEstimatedHigh
72.1874.2076.22
Details
Intrinsic
Valuation
LowRealHigh
66.7885.6187.63
Details

Other Forecasting Options for Deva Holding

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

Deva Holding 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 Deva Holding stock to make a market-neutral strategy. Peer analysis of Deva Holding could also be used in its relative valuation, which is a method of valuing Deva Holding by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Deva Holding AS 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 Deva Holding'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 Deva Holding's current price.

Deva Holding Market Strength Events

Market strength indicators help investors to evaluate how Deva Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deva Holding shares will generate the highest return on investment. By undertsting and applying Deva Holding stock market strength indicators, traders can identify Deva Holding AS entry and exit signals to maximize returns.

Deva Holding Risk Indicators

The analysis of Deva Holding'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 Deva Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting deva 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.
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.

Thematic Opportunities

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Additional Tools for Deva Stock Analysis

When running Deva Holding's price analysis, check to measure Deva Holding'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 Deva Holding is operating at the current time. Most of Deva Holding's value examination focuses on studying past and present price action to predict the probability of Deva Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deva Holding's price. Additionally, you may evaluate how the addition of Deva Holding to your portfolios can decrease your overall portfolio volatility.