Randon SA Preferred Stock Forecast - Simple Exponential Smoothing
| RAPT4 Preferred Stock | BRL 10.42 0.07 0.67% |
The Simple Exponential Smoothing forecasted value of Randon SA Implementos on the next trading day is expected to be 10.42 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 9.12. Randon Preferred Stock Forecast is based on your current time horizon.
Randon |
Randon SA Simple Exponential Smoothing Price Forecast For the 30th of November
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Randon SA Implementos on the next trading day is expected to be 10.42 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.12.Please note that although there have been many attempts to predict Randon Preferred 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 Randon SA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Randon SA Preferred Stock Forecast Pattern
| Backtest Randon SA | Randon SA Price Prediction | Buy or Sell Advice |
Randon SA Forecasted Value
In the context of forecasting Randon SA's Preferred 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. Randon SA's downside and upside margins for the forecasting period are 8.67 and 12.17, respectively. We have considered Randon SA'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Randon SA preferred stock data series using in forecasting. Note that when a statistical model is used to represent Randon SA preferred 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 | 112.989 |
| Bias | Arithmetic mean of the errors | 0.013 |
| MAD | Mean absolute deviation | 0.152 |
| MAPE | Mean absolute percentage error | 0.014 |
| SAE | Sum of the absolute errors | 9.12 |
Predictive Modules for Randon SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Randon SA Implementos. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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 Randon SA
For every potential investor in Randon, whether a beginner or expert, Randon SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Randon Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Randon. Basic forecasting techniques help filter out the noise by identifying Randon SA's price trends.Randon SA 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 Randon SA preferred stock to make a market-neutral strategy. Peer analysis of Randon SA could also be used in its relative valuation, which is a method of valuing Randon SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Randon SA Implementos Technical and Predictive Analytics
The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Randon SA'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 Randon SA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Randon SA Market Strength Events
Market strength indicators help investors to evaluate how Randon SA preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Randon SA shares will generate the highest return on investment. By undertsting and applying Randon SA preferred stock market strength indicators, traders can identify Randon SA Implementos entry and exit signals to maximize returns.
| Accumulation Distribution | 149714.0 | |||
| Daily Balance Of Power | (0.15) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 10.26 | |||
| Day Typical Price | 10.31 | |||
| Price Action Indicator | 0.13 | |||
| Period Momentum Indicator | (0.07) |
Randon SA Risk Indicators
The analysis of Randon SA'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 Randon SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting randon preferred 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 | 1.36 | |||
| Standard Deviation | 1.75 | |||
| Variance | 3.05 |
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.Additional Tools for Randon Preferred Stock Analysis
When running Randon SA's price analysis, check to measure Randon SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Randon SA is operating at the current time. Most of Randon SA's value examination focuses on studying past and present price action to predict the probability of Randon SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Randon SA's price. Additionally, you may evaluate how the addition of Randon SA to your portfolios can decrease your overall portfolio volatility.