FORWARD AIR Stock Forecast - 4 Period Moving Average

A four-period moving average forecast model for FORWARD AIR P 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.

FORWARD AIR 4 Period Moving Average Price Forecast For the 2nd of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of FORWARD AIR P on the next trading day is expected to be 33.75 with a mean absolute deviation of 1.17, mean absolute percentage error of 2.45, and the sum of the absolute errors of 66.80.

FORWARD AIR Stock Forecast Pattern

FORWARD AIR Forecasted Value

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 FORWARD AIR stock data series using in forecasting. Note that when a statistical model is used to represent FORWARD AIR 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 FORWARD AIR. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for FORWARD AIR P and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for FORWARD AIR

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FORWARD AIR P. 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 29.08 33.60 38.12 Details

Intrinsic Valuation Low Real High 23.20 27.72 36.96 Details

Bollinger Band Projection (param) Low Middle High 31.36 33.28 35.20 Details

Other Forecasting Options for FORWARD AIR

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

FORWARD AIR Related Equities

Risk & Return

Correlation

FORWARD AIR P 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 FORWARD AIR'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 FORWARD AIR's current price.

FORWARD AIR Market Strength Events

FORWARD AIR Risk Indicators

Currently Active Assets on Macroaxis

Other Information on Investing in FORWARD Stock