SHIONOGI Stock Forecast - Simple Moving Average

SH0 Stock  EUR 12.60  0.10  0.79%   
The Simple Moving Average forecasted value of SHIONOGI LTD on the next trading day is expected to be 12.60 with a mean absolute deviation of 0.19 and the sum of the absolute errors of 11.40. SHIONOGI Stock Forecast is based on your current time horizon.
  
A two period moving average forecast for SHIONOGI is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

SHIONOGI Simple Moving Average Price Forecast For the 26th of December

Given 90 days horizon, the Simple Moving Average forecasted value of SHIONOGI LTD on the next trading day is expected to be 12.60 with a mean absolute deviation of 0.19, mean absolute percentage error of 0.05, and the sum of the absolute errors of 11.40.
Please note that although there have been many attempts to predict SHIONOGI 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 SHIONOGI's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

SHIONOGI Stock Forecast Pattern

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SHIONOGI Forecasted Value

In the context of forecasting SHIONOGI'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. SHIONOGI's downside and upside margins for the forecasting period are 10.65 and 14.55, respectively. We have considered SHIONOGI'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
12.60
12.60
Expected Value
14.55
Upside

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 SHIONOGI stock data series using in forecasting. Note that when a statistical model is used to represent SHIONOGI 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 Criteria111.5219
BiasArithmetic mean of the errors -0.0051
MADMean absolute deviation0.1932
MAPEMean absolute percentage error0.0156
SAESum of the absolute errors11.4
The simple moving average model is conceptually a linear regression of the current value of SHIONOGI LTD price series against current and previous (unobserved) value of SHIONOGI. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for SHIONOGI

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SHIONOGI LTD. 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
10.6512.6014.55
Details
Intrinsic
Valuation
LowRealHigh
10.6312.5814.53
Details

Other Forecasting Options for SHIONOGI

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

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

SHIONOGI LTD 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 SHIONOGI'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 SHIONOGI's current price.

SHIONOGI Market Strength Events

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

SHIONOGI Risk Indicators

The analysis of SHIONOGI'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 SHIONOGI's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shionogi 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for SHIONOGI Stock Analysis

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