SBC Medical Stock Forecast - 8 Period Moving Average

SBCWW Stock   0.24  0.02  7.69%   
The 8 Period Moving Average forecasted value of SBC Medical Group on the next trading day is expected to be 0.26 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.50. SBC Stock Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for SBC Medical is based on an artificially constructed time series of SBC Medical 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.

SBC Medical 8 Period Moving Average Price Forecast For the 26th of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of SBC Medical Group on the next trading day is expected to be 0.26 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.50.
Please note that although there have been many attempts to predict SBC 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 SBC Medical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

SBC Medical Stock Forecast Pattern

JavaScript chart by amCharts 3.21.15Oct 7Oct 15Oct 23Oct 31Nov 8Nov 18Nov 26Dec 6Dec 16Dec 240.150.200.250.30
JavaScript chart by amCharts 3.21.15SBC Medical Group SBC Medical Group forecast
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SBC Medical Forecasted Value

In the context of forecasting SBC Medical'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. SBC Medical's downside and upside margins for the forecasting period are 0 and 12.58, respectively. We have considered SBC Medical'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
0.24
0.26
Expected Value
12.58
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 SBC Medical stock data series using in forecasting. Note that when a statistical model is used to represent SBC Medical 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 Criteria98.7425
BiasArithmetic mean of the errors -0.0097
MADMean absolute deviation0.0279
MAPEMean absolute percentage error0.1091
SAESum of the absolute errors1.505
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. SBC Medical Group 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for SBC Medical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SBC Medical Group. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SBC Medical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.010.2112.53
Details
Intrinsic
Valuation
LowRealHigh
0.010.1912.51
Details

Other Forecasting Options for SBC Medical

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

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

SBC Medical Group 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 SBC Medical'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 SBC Medical's current price.

SBC Medical Market Strength Events

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

SBC Medical Risk Indicators

The analysis of SBC Medical'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 SBC Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sbc 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 Tools for SBC Stock Analysis

When running SBC Medical's price analysis, check to measure SBC Medical'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 SBC Medical is operating at the current time. Most of SBC Medical's value examination focuses on studying past and present price action to predict the probability of SBC Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBC Medical's price. Additionally, you may evaluate how the addition of SBC Medical to your portfolios can decrease your overall portfolio volatility.