Sampath Bank Stock Forecast - 20 Period Moving Average

A commonly used 20-period moving average forecast model for Sampath Bank PLC is based on a synthetically constructed Sampath Bankdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Sampath Bank 20 Period Moving Average Price Forecast For the 5th of March

Given 90 days horizon, the 20 Period Moving Average forecasted value of Sampath Bank PLC on the next trading day is expected to be 120.30 with a mean absolute deviation of 4.08, mean absolute percentage error of 29.89, and the sum of the absolute errors of 171.22.

Sampath Bank Stock Forecast Pattern

Sampath Bank Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Sampath Bank stock data series using in forecasting. Note that when a statistical model is used to represent Sampath Bank 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. 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. Sampath Bank PLC 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Sampath Bank

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sampath Bank PLC. 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 Low Estimated High 120.96 122.50 124.04 Details

Intrinsic Valuation Low Real High 110.25 129.59 131.13 Details

Bollinger Band Projection (param) Low Middle High 98.82 114.59 130.36 Details

Other Forecasting Options for Sampath Bank

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

Sampath Bank Related Equities

Risk & Return

Correlation

Sampath Bank PLC 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 Sampath Bank'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 Sampath Bank's current price.

Sampath Bank Market Strength Events

Sampath Bank Risk Indicators

Other Information on Investing in Sampath Stock