Turkiye Halk Stock Forecast - 20 Period Moving Average

HALKB Stock  TRY 15.92  0.19  1.18%   
The 20 Period Moving Average forecasted value of Turkiye Halk Bankasi on the next trading day is expected to be 16.17 with a mean absolute deviation of 0.67 and the sum of the absolute errors of 27.94. Turkiye Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Turkiye Halk's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A commonly used 20-period moving average forecast model for Turkiye Halk Bankasi is based on a synthetically constructed Turkiye Halkdaily 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.

Turkiye Halk 20 Period Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the 20 Period Moving Average forecasted value of Turkiye Halk Bankasi on the next trading day is expected to be 16.17 with a mean absolute deviation of 0.67, mean absolute percentage error of 0.56, and the sum of the absolute errors of 27.94.
Please note that although there have been many attempts to predict Turkiye 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 Turkiye Halk's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Turkiye Halk Stock Forecast Pattern

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Turkiye Halk Forecasted Value

In the context of forecasting Turkiye Halk'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. Turkiye Halk's downside and upside margins for the forecasting period are 14.30 and 18.04, respectively. We have considered Turkiye Halk'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
15.92
16.17
Expected Value
18.04
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 Turkiye Halk stock data series using in forecasting. Note that when a statistical model is used to represent Turkiye Halk 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 Criteria82.6136
BiasArithmetic mean of the errors -0.0049
MADMean absolute deviation0.6652
MAPEMean absolute percentage error0.0429
SAESum of the absolute errors27.9405
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. Turkiye Halk Bankasi 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Turkiye Halk

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Turkiye Halk Bankasi. 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
14.0515.9217.79
Details
Intrinsic
Valuation
LowRealHigh
11.8013.6717.51
Details
Bollinger
Band Projection (param)
LowMiddleHigh
14.3615.7117.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Turkiye Halk. Your research has to be compared to or analyzed against Turkiye Halk's peers to derive any actionable benefits. When done correctly, Turkiye Halk'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 Turkiye Halk Bankasi.

Other Forecasting Options for Turkiye Halk

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

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

Turkiye Halk Bankasi 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 Turkiye Halk'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 Turkiye Halk's current price.

Turkiye Halk Market Strength Events

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

Turkiye Halk Risk Indicators

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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Turkiye Stock

Turkiye Halk financial ratios help investors to determine whether Turkiye Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Turkiye with respect to the benefits of owning Turkiye Halk security.