PepsiCo Stock Forecast - Naive Prediction
| PEP Stock | EUR 154.86 0.40 0.26% |
The Naive Prediction forecasted value of PepsiCo on the next trading day is expected to be 156.77 with a mean absolute deviation of 1.93 and the sum of the absolute errors of 118.01. PepsiCo Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of PepsiCo's historical fundamentals, such as revenue growth or operating cash flow patterns.
PepsiCo |
PepsiCo Naive Prediction Price Forecast For the 5th of December
Given 90 days horizon, the Naive Prediction forecasted value of PepsiCo on the next trading day is expected to be 156.77 with a mean absolute deviation of 1.93, mean absolute percentage error of 5.20, and the sum of the absolute errors of 118.01.Please note that although there have been many attempts to predict PepsiCo 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 PepsiCo's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
PepsiCo Stock Forecast Pattern
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PepsiCo Forecasted Value
In the context of forecasting PepsiCo'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. PepsiCo's downside and upside margins for the forecasting period are 155.67 and 157.86, respectively. We have considered PepsiCo'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of PepsiCo stock data series using in forecasting. Note that when a statistical model is used to represent PepsiCo 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 | 119.7593 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.9346 |
| MAPE | Mean absolute percentage error | 0.0124 |
| SAE | Sum of the absolute errors | 118.0094 |
Predictive Modules for PepsiCo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PepsiCo. 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.Other Forecasting Options for PepsiCo
For every potential investor in PepsiCo, whether a beginner or expert, PepsiCo's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PepsiCo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PepsiCo. Basic forecasting techniques help filter out the noise by identifying PepsiCo's price trends.PepsiCo 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 PepsiCo stock to make a market-neutral strategy. Peer analysis of PepsiCo could also be used in its relative valuation, which is a method of valuing PepsiCo by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PepsiCo 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 PepsiCo'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 PepsiCo's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
PepsiCo Market Strength Events
Market strength indicators help investors to evaluate how PepsiCo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PepsiCo shares will generate the highest return on investment. By undertsting and applying PepsiCo stock market strength indicators, traders can identify PepsiCo entry and exit signals to maximize returns.
PepsiCo Risk Indicators
The analysis of PepsiCo'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 PepsiCo's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pepsico 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 | 0.8007 | |||
| Standard Deviation | 1.11 | |||
| Variance | 1.24 |
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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Additional Information and Resources on Investing in PepsiCo Stock
When determining whether PepsiCo 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 PepsiCo 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 Pepsico Stock. Highlighted below are key reports to facilitate an investment decision about Pepsico Stock:Check out Historical Fundamental Analysis of PepsiCo to cross-verify your projections. For more detail on how to invest in PepsiCo Stock please use our How to Invest in PepsiCo guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.