Nathans Famous Stock Forecast - 20 Period Moving Average

NATH Stock  USD 82.92  1.85  2.18%   
The 20 Period Moving Average forecasted value of Nathans Famous on the next trading day is expected to be 85.49 with a mean absolute deviation of 1.96 and the sum of the absolute errors of 80.19. Nathans Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Nathans Famous' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Nathans Famous' Asset Turnover is increasing as compared to previous years. . The Nathans Famous' current Common Stock Shares Outstanding is estimated to increase to about 4.1 M. The Nathans Famous' current Net Income Applicable To Common Shares is estimated to increase to about 23.7 M.
A commonly used 20-period moving average forecast model for Nathans Famous is based on a synthetically constructed Nathans Famousdaily 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.

Nathans Famous 20 Period Moving Average Price Forecast For the 14th of December 2024

Given 90 days horizon, the 20 Period Moving Average forecasted value of Nathans Famous on the next trading day is expected to be 85.49 with a mean absolute deviation of 1.96, mean absolute percentage error of 6.87, and the sum of the absolute errors of 80.19.
Please note that although there have been many attempts to predict Nathans 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 Nathans Famous' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Nathans Famous Stock Forecast Pattern

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Nathans Famous Forecasted Value

In the context of forecasting Nathans Famous' 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. Nathans Famous' downside and upside margins for the forecasting period are 83.55 and 87.44, respectively. We have considered Nathans Famous' 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
82.92
85.49
Expected Value
87.44
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 Nathans Famous stock data series using in forecasting. Note that when a statistical model is used to represent Nathans Famous 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 Criteria83.2794
BiasArithmetic mean of the errors -0.9442
MADMean absolute deviation1.9558
MAPEMean absolute percentage error0.0225
SAESum of the absolute errors80.1885
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. Nathans Famous 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Nathans Famous

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nathans Famous. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nathans Famous' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
82.7984.7386.67
Details
Intrinsic
Valuation
LowRealHigh
82.9784.9186.85
Details
Bollinger
Band Projection (param)
LowMiddleHigh
82.2285.5888.94
Details

Other Forecasting Options for Nathans Famous

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

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

Nathans Famous 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 Nathans Famous' 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 Nathans Famous' current price.

Nathans Famous Market Strength Events

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

Nathans Famous Risk Indicators

The analysis of Nathans Famous' 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 Nathans Famous' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nathans 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.

Currently Active Assets on Macroaxis

When determining whether Nathans Famous offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nathans Famous' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nathans Famous Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nathans Famous Stock:
Check out Historical Fundamental Analysis of Nathans Famous to cross-verify your projections.
For more detail on how to invest in Nathans Stock please use our How to Invest in Nathans Famous guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nathans Famous. If investors know Nathans will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nathans Famous listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.05
Dividend Share
2
Earnings Share
5.34
Revenue Per Share
35.204
Quarterly Revenue Growth
0.061
The market value of Nathans Famous is measured differently than its book value, which is the value of Nathans that is recorded on the company's balance sheet. Investors also form their own opinion of Nathans Famous' value that differs from its market value or its book value, called intrinsic value, which is Nathans Famous' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nathans Famous' market value can be influenced by many factors that don't directly affect Nathans Famous' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nathans Famous' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nathans Famous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nathans Famous' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.