SDG Invest Stock Forecast - Simple Moving Average
| SDKGBA Stock | 197.75 0.70 0.36% |
SDG |
SDG Invest Simple Moving Average Price Forecast For the 10th of January
Given 90 days horizon, the Simple Moving Average forecasted value of SDG Invest Globale on the next trading day is expected to be 197.75 with a mean absolute deviation of 1.36, mean absolute percentage error of 3.30, and the sum of the absolute errors of 80.17.Please note that although there have been many attempts to predict SDG 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 SDG Invest's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
SDG Invest Stock Forecast Pattern
SDG Invest Forecasted Value
In the context of forecasting SDG Invest'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. SDG Invest's downside and upside margins for the forecasting period are 196.88 and 198.62, respectively. We have considered SDG Invest'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 Moving Average forecasting method's relative quality and the estimations of the prediction error of SDG Invest stock data series using in forecasting. Note that when a statistical model is used to represent SDG Invest 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 | 115.6297 |
| Bias | Arithmetic mean of the errors | -0.0072 |
| MAD | Mean absolute deviation | 1.3589 |
| MAPE | Mean absolute percentage error | 0.0069 |
| SAE | Sum of the absolute errors | 80.175 |
Predictive Modules for SDG Invest
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SDG Invest Globale. 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 SDG Invest. Your research has to be compared to or analyzed against SDG Invest's peers to derive any actionable benefits. When done correctly, SDG Invest'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 SDG Invest Globale.Other Forecasting Options for SDG Invest
For every potential investor in SDG, whether a beginner or expert, SDG Invest's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SDG Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SDG. Basic forecasting techniques help filter out the noise by identifying SDG Invest's price trends.SDG Invest 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 SDG Invest stock to make a market-neutral strategy. Peer analysis of SDG Invest could also be used in its relative valuation, which is a method of valuing SDG Invest by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SDG Invest Globale 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 SDG Invest'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 SDG Invest's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
SDG Invest Market Strength Events
Market strength indicators help investors to evaluate how SDG Invest stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SDG Invest shares will generate the highest return on investment. By undertsting and applying SDG Invest stock market strength indicators, traders can identify SDG Invest Globale entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 197.75 | |||
| Day Typical Price | 197.75 | |||
| Price Action Indicator | 0.35 | |||
| Period Momentum Indicator | 0.7 |
SDG Invest Risk Indicators
The analysis of SDG Invest'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 SDG Invest's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sdg 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 | 0.6468 | |||
| Standard Deviation | 0.8434 | |||
| Variance | 0.7112 |
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.
Pair Trading with SDG Invest
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SDG Invest position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SDG Invest will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to SDG Invest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SDG Invest when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SDG Invest - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SDG Invest Globale to buy it.
The correlation of SDG Invest is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SDG Invest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SDG Invest Globale moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SDG Invest can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.