Salesforce Stock Forecast - 8 Period Moving Average

FOO Stock  EUR 330.30  6.30  1.94%   
The 8 Period Moving Average forecasted value of Salesforce on the next trading day is expected to be 332.60 with a mean absolute deviation of 8.65 and the sum of the absolute errors of 458.40. Salesforce Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Salesforce's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Salesforce is based on an artificially constructed time series of Salesforce daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Salesforce 8 Period Moving Average Price Forecast For the 23rd of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of Salesforce on the next trading day is expected to be 332.60 with a mean absolute deviation of 8.65, mean absolute percentage error of 157.46, and the sum of the absolute errors of 458.40.
Please note that although there have been many attempts to predict Salesforce 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 Salesforce's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Salesforce Stock Forecast Pattern

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Salesforce Forecasted Value

In the context of forecasting Salesforce'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. Salesforce's downside and upside margins for the forecasting period are 330.21 and 335.00, respectively. We have considered Salesforce'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
330.30
330.21
Downside
332.60
Expected Value
335.00
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Salesforce stock data series using in forecasting. Note that when a statistical model is used to represent Salesforce 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 Criteria108.4667
BiasArithmetic mean of the errors -6.0329
MADMean absolute deviation8.649
MAPEMean absolute percentage error0.0277
SAESum of the absolute errors458.3975
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. Salesforce 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Salesforce

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Salesforce. 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
327.91330.30332.69
Details
Intrinsic
Valuation
LowRealHigh
297.27368.72371.11
Details

Other Forecasting Options for Salesforce

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

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

Salesforce 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 Salesforce'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 Salesforce's current price.

Salesforce Market Strength Events

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

Salesforce Risk Indicators

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

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Salesforce Stock

When determining whether Salesforce is a strong investment it is important to analyze Salesforce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Salesforce's future performance. For an informed investment choice regarding Salesforce Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Salesforce to cross-verify your projections.
For more detail on how to invest in Salesforce Stock please use our How to Invest in Salesforce guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Please note, there is a significant difference between Salesforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salesforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salesforce's 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.