Haverty Furniture Stock Forecast - 4 Period Moving Average
| HVT-A Stock | USD 22.29 0.85 3.96% |
The 4 Period Moving Average forecasted value of Haverty Furniture Companies on the next trading day is expected to be 22.29 with a mean absolute deviation of 4.71 and the sum of the absolute errors of 268.68. Haverty Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Haverty Furniture stock prices and determine the direction of Haverty Furniture Companies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Haverty Furniture's historical fundamentals, such as revenue growth or operating cash flow patterns.
Haverty |
Haverty Furniture 4 Period Moving Average Price Forecast For the 24th of January
Given 90 days horizon, the 4 Period Moving Average forecasted value of Haverty Furniture Companies on the next trading day is expected to be 22.29 with a mean absolute deviation of 4.71, mean absolute percentage error of 77.21, and the sum of the absolute errors of 268.68.Please note that although there have been many attempts to predict Haverty 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 Haverty Furniture's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Haverty Furniture Stock Forecast Pattern
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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 Haverty Furniture stock data series using in forecasting. Note that when a statistical model is used to represent Haverty Furniture 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.| AIC | Akaike Information Criteria | 115.1055 |
| Bias | Arithmetic mean of the errors | -0.9776 |
| MAD | Mean absolute deviation | 4.7136 |
| MAPE | Mean absolute percentage error | 9.223372036854776E14 |
| SAE | Sum of the absolute errors | 268.675 |
Predictive Modules for Haverty Furniture
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Haverty Furniture. 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.Haverty Furniture 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 Haverty Furniture stock to make a market-neutral strategy. Peer analysis of Haverty Furniture could also be used in its relative valuation, which is a method of valuing Haverty Furniture by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Haverty Furniture Market Strength Events
Market strength indicators help investors to evaluate how Haverty Furniture stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Haverty Furniture shares will generate the highest return on investment. By undertsting and applying Haverty Furniture stock market strength indicators, traders can identify Haverty Furniture Companies entry and exit signals to maximize returns.
Haverty Furniture Risk Indicators
The analysis of Haverty Furniture'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 Haverty Furniture's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting haverty 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.
| Mean Deviation | 1.53 | |||
| Semi Deviation | 2.15 | |||
| Standard Deviation | 2.89 | |||
| Variance | 8.33 | |||
| Downside Variance | 18.12 | |||
| Semi Variance | 4.61 | |||
| Expected Short fall | (3.47) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Haverty Furniture is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Haverty Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Haverty Furniture Companies Stock. Highlighted below are key reports to facilitate an investment decision about Haverty Furniture Companies Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.