MOBA Network Stock Forecast - 8 Period Moving Average

MOBA Stock  SEK 7.40  0.05  0.68%   
The 8 Period Moving Average forecasted value of MOBA Network publ on the next trading day is expected to be 7.56 with a mean absolute deviation of 0.36 and the sum of the absolute errors of 19.09. MOBA Stock Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for MOBA Network is based on an artificially constructed time series of MOBA Network 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.

MOBA Network 8 Period Moving Average Price Forecast For the 24th of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of MOBA Network publ on the next trading day is expected to be 7.56 with a mean absolute deviation of 0.36, mean absolute percentage error of 0.21, and the sum of the absolute errors of 19.09.
Please note that although there have been many attempts to predict MOBA 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 MOBA Network's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

MOBA Network Stock Forecast Pattern

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MOBA Network Forecasted Value

In the context of forecasting MOBA Network'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. MOBA Network's downside and upside margins for the forecasting period are 4.08 and 11.05, respectively. We have considered MOBA Network'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
7.40
7.56
Expected Value
11.05
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 MOBA Network stock data series using in forecasting. Note that when a statistical model is used to represent MOBA Network 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 Criteria101.8361
BiasArithmetic mean of the errors 0.1932
MADMean absolute deviation0.3601
MAPEMean absolute percentage error0.0415
SAESum of the absolute errors19.0875
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. MOBA Network publ 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for MOBA Network

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MOBA Network publ. 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
3.947.4010.86
Details
Intrinsic
Valuation
LowRealHigh
3.446.9010.36
Details

Other Forecasting Options for MOBA Network

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

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

MOBA Network publ 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 MOBA Network'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 MOBA Network's current price.

MOBA Network Market Strength Events

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

MOBA Network Risk Indicators

The analysis of MOBA Network'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 MOBA Network's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting moba 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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Additional Tools for MOBA Stock Analysis

When running MOBA Network's price analysis, check to measure MOBA Network's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MOBA Network is operating at the current time. Most of MOBA Network's value examination focuses on studying past and present price action to predict the probability of MOBA Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MOBA Network's price. Additionally, you may evaluate how the addition of MOBA Network to your portfolios can decrease your overall portfolio volatility.