Skyworks Solutions Stock Forecast - 8 Period Moving Average

S1SL34 Stock  BRL 265.41  7.11  2.75%   
The 8 Period Moving Average forecasted value of Skyworks Solutions on the next trading day is expected to be 260.91 with a mean absolute deviation of 5.44 and the sum of the absolute errors of 293.58. Skyworks Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Skyworks Solutions stock prices and determine the direction of Skyworks Solutions's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Skyworks Solutions' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Skyworks Solutions is based on an artificially constructed time series of Skyworks Solutions 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.

Skyworks Solutions 8 Period Moving Average Price Forecast For the 14th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Skyworks Solutions on the next trading day is expected to be 260.91 with a mean absolute deviation of 5.44, mean absolute percentage error of 83.94, and the sum of the absolute errors of 293.58.
Please note that although there have been many attempts to predict Skyworks 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 Skyworks Solutions' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Skyworks Solutions Stock Forecast Pattern

Backtest Skyworks SolutionsSkyworks Solutions Price PredictionBuy or Sell Advice 

Skyworks Solutions Forecasted Value

In the context of forecasting Skyworks Solutions' 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. Skyworks Solutions' downside and upside margins for the forecasting period are 259.03 and 262.78, respectively. We have considered Skyworks Solutions' 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
265.41
259.03
Downside
260.91
Expected Value
262.78
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 Skyworks Solutions stock data series using in forecasting. Note that when a statistical model is used to represent Skyworks Solutions 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 Criteria109.6755
BiasArithmetic mean of the errors 2.8028
MADMean absolute deviation5.4367
MAPEMean absolute percentage error0.0209
SAESum of the absolute errors293.5812
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. Skyworks Solutions 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Skyworks Solutions

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Skyworks Solutions. 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
263.57265.41267.25
Details
Intrinsic
Valuation
LowRealHigh
265.15266.99268.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Skyworks Solutions. Your research has to be compared to or analyzed against Skyworks Solutions' peers to derive any actionable benefits. When done correctly, Skyworks Solutions' 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 Skyworks Solutions.

Other Forecasting Options for Skyworks Solutions

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

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

Skyworks Solutions 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 Skyworks Solutions' 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 Skyworks Solutions' current price.

Skyworks Solutions Market Strength Events

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

Skyworks Solutions Risk Indicators

The analysis of Skyworks Solutions' 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 Skyworks Solutions' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting skyworks 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.

Additional Information and Resources on Investing in Skyworks Stock

When determining whether Skyworks Solutions is a strong investment it is important to analyze Skyworks Solutions' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Skyworks Solutions' future performance. For an informed investment choice regarding Skyworks Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Skyworks Solutions to cross-verify your projections.
For information on how to trade Skyworks Stock refer to our How to Trade Skyworks Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Please note, there is a significant difference between Skyworks Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyworks Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyworks Solutions' 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.