HITACHI STRMACHADR2 Stock Forecast - 4 Period Moving Average

A four-period moving average forecast model for HITACHI STRMACHADR2 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.

HITACHI STRMACHADR2 4 Period Moving Average Price Forecast For the 14th of December 2024

Given 90 days horizon, the 4 Period Moving Average forecasted value of HITACHI STRMACHADR2 on the next trading day is expected to be 43.20 with a mean absolute deviation of 0.64, mean absolute percentage error of 0.67, and the sum of the absolute errors of 36.76.

HITACHI STRMACHADR2 Stock Forecast Pattern

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HITACHI STRMACHADR2 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 HITACHI STRMACHADR2 stock data series using in forecasting. Note that when a statistical model is used to represent HITACHI STRMACHADR2 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 HITACHI STRMACHADR2. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for HITACHI STRMACHADR2 and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for HITACHI STRMACHADR2

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HITACHI STRMACHADR2. 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 41.55 43.00 44.45 Details

Intrinsic Valuation Low Real High 40.60 42.05 43.50 Details

Bollinger Band Projection (param) Low Middle High 38.07 40.80 43.53 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as HITACHI STRMACHADR2. Your research has to be compared to or analyzed against HITACHI STRMACHADR2's peers to derive any actionable benefits. When done correctly, HITACHI STRMACHADR2'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 HITACHI STRMACHADR2.

Other Forecasting Options for HITACHI STRMACHADR2

For every potential investor in HITACHI, whether a beginner or expert, HITACHI STRMACHADR2's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HITACHI Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HITACHI. Basic forecasting techniques help filter out the noise by identifying HITACHI STRMACHADR2's price trends.

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Risk & Return

Correlation

HITACHI STRMACHADR2 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 HITACHI STRMACHADR2'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 HITACHI STRMACHADR2's current price.

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