Erf Wireless Stock Forecast - Simple Moving Average
| ERFB Stock | USD 0.0001 0.00 0.00% |
The Simple Moving Average forecasted value of Erf Wireless on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00000254 and the sum of the absolute errors of 0.0002. Erf Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Erf Wireless stock prices and determine the direction of Erf Wireless's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Erf Wireless' historical fundamentals, such as revenue growth or operating cash flow patterns.
Erf |
Erf Wireless Simple Moving Average Price Forecast For the 8th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Erf Wireless on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0.00000254, mean absolute percentage error of 0, and the sum of the absolute errors of 0.0002.Please note that although there have been many attempts to predict Erf 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 Erf Wireless' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Erf Wireless Stock Forecast Pattern
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Erf Wireless Forecasted Value
In the context of forecasting Erf Wireless' 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. Erf Wireless' downside and upside margins for the forecasting period are 0.000001 and 127.00, respectively. We have considered Erf Wireless' 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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Erf Wireless stock data series using in forecasting. Note that when a statistical model is used to represent Erf Wireless 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 | 92.1597 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 2.0E-4 |
Predictive Modules for Erf Wireless
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Erf Wireless. 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 Erf Wireless
For every potential investor in Erf, whether a beginner or expert, Erf Wireless' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Erf Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Erf. Basic forecasting techniques help filter out the noise by identifying Erf Wireless' price trends.Erf Wireless 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 Erf Wireless stock to make a market-neutral strategy. Peer analysis of Erf Wireless could also be used in its relative valuation, which is a method of valuing Erf Wireless by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Erf Wireless 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 Erf Wireless' 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 Erf Wireless' current price.| Cycle Indicators | ||
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Erf Wireless Market Strength Events
Market strength indicators help investors to evaluate how Erf Wireless stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Erf Wireless shares will generate the highest return on investment. By undertsting and applying Erf Wireless stock market strength indicators, traders can identify Erf Wireless entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 9223372 T | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 | |||
| Price Action Indicator | 1.0E-4 |
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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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Check out Historical Fundamental Analysis of Erf Wireless to cross-verify your projections. For information on how to trade Erf Stock refer to our How to Trade Erf Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erf Wireless. If investors know Erf will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erf Wireless listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Erf Wireless is measured differently than its book value, which is the value of Erf that is recorded on the company's balance sheet. Investors also form their own opinion of Erf Wireless' value that differs from its market value or its book value, called intrinsic value, which is Erf Wireless' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erf Wireless' market value can be influenced by many factors that don't directly affect Erf Wireless' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erf Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Erf Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erf Wireless' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.