NCS Multistage Stock Forecast - 4 Period Moving Average
| NCSM Stock | USD 20.94 1.62 7.18% |
The 4 Period Moving Average forecasted value of NCS Multistage Holdings on the next trading day is expected to be 21.77 with a mean absolute deviation of 0.62 and the sum of the absolute errors of 35.13. NCS Stock Forecast is based on your current time horizon. Although NCS Multistage's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of NCS Multistage's systematic risk associated with finding meaningful patterns of NCS Multistage fundamentals over time.
NCS |
NCS Multistage 4 Period Moving Average Price Forecast For the 3rd of December
Given 90 days horizon, the 4 Period Moving Average forecasted value of NCS Multistage Holdings on the next trading day is expected to be 21.77 with a mean absolute deviation of 0.62, mean absolute percentage error of 0.75, and the sum of the absolute errors of 35.13.Please note that although there have been many attempts to predict NCS 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 NCS Multistage's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
NCS Multistage Stock Forecast Pattern
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NCS Multistage Forecasted Value
In the context of forecasting NCS Multistage'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. NCS Multistage's downside and upside margins for the forecasting period are 18.95 and 24.58, respectively. We have considered NCS Multistage'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.
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 NCS Multistage stock data series using in forecasting. Note that when a statistical model is used to represent NCS Multistage 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 | 110.475 |
| Bias | Arithmetic mean of the errors | -0.0267 |
| MAD | Mean absolute deviation | 0.6163 |
| MAPE | Mean absolute percentage error | 0.0298 |
| SAE | Sum of the absolute errors | 35.1275 |
Predictive Modules for NCS Multistage
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NCS Multistage Holdings. 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 NCS Multistage's 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.
Other Forecasting Options for NCS Multistage
For every potential investor in NCS, whether a beginner or expert, NCS Multistage's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NCS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NCS. Basic forecasting techniques help filter out the noise by identifying NCS Multistage's price trends.View NCS Multistage Related Equities
| Risk & Return | Correlation |
NCS Multistage Holdings 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 NCS Multistage'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 NCS Multistage's current price.| Cycle Indicators | ||
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NCS Multistage Market Strength Events
Market strength indicators help investors to evaluate how NCS Multistage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NCS Multistage shares will generate the highest return on investment. By undertsting and applying NCS Multistage stock market strength indicators, traders can identify NCS Multistage Holdings entry and exit signals to maximize returns.
NCS Multistage Risk Indicators
The analysis of NCS Multistage'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 NCS Multistage's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ncs 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 | 1.86 | |||
| Semi Deviation | 2.3 | |||
| Standard Deviation | 2.8 | |||
| Variance | 7.83 | |||
| Downside Variance | 6.39 | |||
| Semi Variance | 5.27 | |||
| Expected Short fall | (2.10) |
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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Is Oil & Gas Equipment & Services 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 NCS Multistage. If investors know NCS 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 NCS Multistage 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 (0.1) | Earnings Share 17.27 | Revenue Per Share 60.575 | Quarterly Revenue Growth 0.15 | Return On Assets (0.0007) |
The market value of NCS Multistage Holdings is measured differently than its book value, which is the value of NCS that is recorded on the company's balance sheet. Investors also form their own opinion of NCS Multistage's value that differs from its market value or its book value, called intrinsic value, which is NCS Multistage's 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 NCS Multistage's market value can be influenced by many factors that don't directly affect NCS Multistage's 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 NCS Multistage's value and its price as these two are different measures arrived at by different means. Investors typically determine if NCS Multistage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCS Multistage's 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.