Nawi Brothers Stock Forecast - 8 Period Moving Average

NAWI Stock  ILS 3,990  67.00  1.71%   
The 8 Period Moving Average forecasted value of Nawi Brothers Group on the next trading day is expected to be 3,712 with a mean absolute deviation of 104.97 and the sum of the absolute errors of 5,563. Nawi Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nawi Brothers stock prices and determine the direction of Nawi Brothers Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nawi Brothers' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Nawi Brothers is based on an artificially constructed time series of Nawi Brothers 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.

Nawi Brothers 8 Period Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Nawi Brothers Group on the next trading day is expected to be 3,712 with a mean absolute deviation of 104.97, mean absolute percentage error of 21,665, and the sum of the absolute errors of 5,563.
Please note that although there have been many attempts to predict Nawi 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 Nawi Brothers' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Nawi Brothers Stock Forecast Pattern

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Nawi Brothers Forecasted Value

In the context of forecasting Nawi Brothers' 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. Nawi Brothers' downside and upside margins for the forecasting period are 3,710 and 3,714, respectively. We have considered Nawi Brothers' 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
3,990
3,712
Expected Value
3,714
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 Nawi Brothers stock data series using in forecasting. Note that when a statistical model is used to represent Nawi Brothers 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 Criteria113.3909
BiasArithmetic mean of the errors -88.5637
MADMean absolute deviation104.9669
MAPEMean absolute percentage error0.0318
SAESum of the absolute errors5563.2475
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. Nawi Brothers Group 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Nawi Brothers

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nawi Brothers Group. 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
3,9883,9903,992
Details
Intrinsic
Valuation
LowRealHigh
3,6593,6614,389
Details

Other Forecasting Options for Nawi Brothers

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

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

Nawi Brothers Group 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 Nawi Brothers' 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 Nawi Brothers' current price.

Nawi Brothers Market Strength Events

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

Nawi Brothers Risk Indicators

The analysis of Nawi Brothers' 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 Nawi Brothers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nawi 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.

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.

Other Information on Investing in Nawi Stock

Nawi Brothers financial ratios help investors to determine whether Nawi 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 Nawi with respect to the benefits of owning Nawi Brothers security.