Delek Stock Forecast - 4 Period Moving Average

A four-period moving average forecast model for Delek Group is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Delek 4 Period Moving Average Price Forecast For the 3rd of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of Delek Group on the next trading day is expected to be 48,815 with a mean absolute deviation of 806.13, mean absolute percentage error of 1,182,079, and the sum of the absolute errors of 45,950.

Delek Stock Forecast Pattern

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Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Delek stock data series using in forecasting. Note that when a statistical model is used to represent Delek 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 four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Delek. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Delek Group and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Delek

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delek Group. 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 48,728 48,730 48,732 Details

Intrinsic Valuation Low Real High 43,855 43,857 53,603 Details

Bollinger Band Projection (param) Low Middle High 42,048 45,833 49,618 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Delek. Your research has to be compared to or analyzed against Delek's peers to derive any actionable benefits. When done correctly, Delek's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Delek Group.

Other Forecasting Options for Delek

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

Delek Related Equities

Risk & Return

Correlation

Delek Group 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 Delek'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 Delek's current price.

Delek Market Strength Events

Delek Risk Indicators

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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 Delek Stock Analysis