PATRIOT BATTERY Stock Forecast - 4 Period Moving Average

R9GA Stock   1.96  0.04  2.00%   
The 4 Period Moving Average forecasted value of PATRIOT BATTERY METINC on the next trading day is expected to be 1.93 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 8.35. Investors can use prediction functions to forecast PATRIOT BATTERY's stock prices and determine the direction of PATRIOT BATTERY METINC's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of PATRIOT BATTERY's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
  
A four-period moving average forecast model for PATRIOT BATTERY METINC is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

PATRIOT BATTERY 4 Period Moving Average Price Forecast For the 17th of December 2024

Given 90 days horizon, the 4 Period Moving Average forecasted value of PATRIOT BATTERY METINC on the next trading day is expected to be 1.93 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.35.
Please note that although there have been many attempts to predict PATRIOT 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 PATRIOT BATTERY's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

PATRIOT BATTERY Stock Forecast Pattern

PATRIOT BATTERY Forecasted Value

In the context of forecasting PATRIOT BATTERY'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. PATRIOT BATTERY's downside and upside margins for the forecasting period are 0.02 and 8.79, respectively. We have considered PATRIOT BATTERY'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
1.96
1.93
Expected Value
8.79
Upside

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 PATRIOT BATTERY stock data series using in forecasting. Note that when a statistical model is used to represent PATRIOT BATTERY 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 Criteria107.272
BiasArithmetic mean of the errors 0.0194
MADMean absolute deviation0.1464
MAPEMean absolute percentage error0.0677
SAESum of the absolute errors8.3475
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of PATRIOT BATTERY. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for PATRIOT BATTERY METINC and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for PATRIOT BATTERY

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PATRIOT BATTERY METINC. 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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PATRIOT BATTERY. Your research has to be compared to or analyzed against PATRIOT BATTERY's peers to derive any actionable benefits. When done correctly, PATRIOT BATTERY's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PATRIOT BATTERY METINC.

Other Forecasting Options for PATRIOT BATTERY

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

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

PATRIOT BATTERY METINC 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 PATRIOT BATTERY'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 PATRIOT BATTERY's current price.

PATRIOT BATTERY Market Strength Events

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

PATRIOT BATTERY Risk Indicators

The analysis of PATRIOT BATTERY'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 PATRIOT BATTERY's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting patriot 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.

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