H+M HEN+MAUUNSPADR Stock Forecast - 8 Period Moving Average

HMSA Stock  EUR 2.70  0.06  2.27%   
The 8 Period Moving Average forecasted value of HM HENMAUUNSPADR 15 on the next trading day is expected to be 2.64 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 3.60. H+M Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of H+M HEN+MAUUNSPADR's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for H+M HEN+MAUUNSPADR is based on an artificially constructed time series of H+M HEN+MAUUNSPADR 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.

H+M HEN+MAUUNSPADR 8 Period Moving Average Price Forecast For the 6th of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of HM HENMAUUNSPADR 15 on the next trading day is expected to be 2.64 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.60.
Please note that although there have been many attempts to predict H+M 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 H+M HEN+MAUUNSPADR's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

H+M HEN+MAUUNSPADR Stock Forecast Pattern

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H+M HEN+MAUUNSPADR Forecasted Value

In the context of forecasting H+M HEN+MAUUNSPADR'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. H+M HEN+MAUUNSPADR's downside and upside margins for the forecasting period are 0.51 and 4.77, respectively. We have considered H+M HEN+MAUUNSPADR'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
2.70
2.64
Expected Value
4.77
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 H+M HEN+MAUUNSPADR stock data series using in forecasting. Note that when a statistical model is used to represent H+M HEN+MAUUNSPADR 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 Criteria100.4279
BiasArithmetic mean of the errors 0.0235
MADMean absolute deviation0.0668
MAPEMean absolute percentage error0.0236
SAESum of the absolute errors3.605
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. HM HENMAUUNSPADR 15 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for H+M HEN+MAUUNSPADR

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as H+M HEN+MAUUNSPADR. 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
0.602.704.80
Details
Intrinsic
Valuation
LowRealHigh
0.692.794.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as H+M HEN+MAUUNSPADR. Your research has to be compared to or analyzed against H+M HEN+MAUUNSPADR's peers to derive any actionable benefits. When done correctly, H+M HEN+MAUUNSPADR'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 H+M HEN+MAUUNSPADR.

Other Forecasting Options for H+M HEN+MAUUNSPADR

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

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

H+M HEN+MAUUNSPADR 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 H+M HEN+MAUUNSPADR'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 H+M HEN+MAUUNSPADR's current price.

H+M HEN+MAUUNSPADR Market Strength Events

Market strength indicators help investors to evaluate how H+M HEN+MAUUNSPADR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading H+M HEN+MAUUNSPADR shares will generate the highest return on investment. By undertsting and applying H+M HEN+MAUUNSPADR stock market strength indicators, traders can identify HM HENMAUUNSPADR 15 entry and exit signals to maximize returns.

H+M HEN+MAUUNSPADR Risk Indicators

The analysis of H+M HEN+MAUUNSPADR'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 H+M HEN+MAUUNSPADR's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting h+m 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.

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Other Information on Investing in H+M Stock

H+M HEN+MAUUNSPADR financial ratios help investors to determine whether H+M 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 H+M with respect to the benefits of owning H+M HEN+MAUUNSPADR security.