Sequans Communications Stock Forecast - 20 Period Moving Average
| SQNS Stock | USD 2.89 0.04 1.40% |
The 20 Period Moving Average forecasted value of Sequans Communications SA on the next trading day is expected to be 3.03 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 8.60. Sequans Stock Forecast is based on your current time horizon.
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Sequans Communications 20 Period Moving Average Price Forecast For the 23rd of December
Given 90 days horizon, the 20 Period Moving Average forecasted value of Sequans Communications SA on the next trading day is expected to be 3.03 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.07, and the sum of the absolute errors of 8.60.Please note that although there have been many attempts to predict Sequans 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 Sequans Communications' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sequans Communications Stock Forecast Pattern
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Sequans Communications Forecasted Value
In the context of forecasting Sequans Communications' 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. Sequans Communications' downside and upside margins for the forecasting period are 0.03 and 7.14, respectively. We have considered Sequans Communications' 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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Sequans Communications stock data series using in forecasting. Note that when a statistical model is used to represent Sequans Communications 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 | 78.706 |
| Bias | Arithmetic mean of the errors | -0.1493 |
| MAD | Mean absolute deviation | 0.2099 |
| MAPE | Mean absolute percentage error | 0.072 |
| SAE | Sum of the absolute errors | 8.604 |
Predictive Modules for Sequans Communications
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sequans Communications. 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.Other Forecasting Options for Sequans Communications
For every potential investor in Sequans, whether a beginner or expert, Sequans Communications' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sequans Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sequans. Basic forecasting techniques help filter out the noise by identifying Sequans Communications' price trends.View Sequans Communications Related Equities
| Risk & Return | Correlation |
Sequans Communications 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 Sequans Communications' 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 Sequans Communications' current price.| Cycle Indicators | ||
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Sequans Communications Market Strength Events
Market strength indicators help investors to evaluate how Sequans Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sequans Communications shares will generate the highest return on investment. By undertsting and applying Sequans Communications stock market strength indicators, traders can identify Sequans Communications SA entry and exit signals to maximize returns.
Sequans Communications Risk Indicators
The analysis of Sequans Communications' 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 Sequans Communications' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sequans 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 | 3.11 | |||
| Semi Deviation | 3.41 | |||
| Standard Deviation | 4.1 | |||
| Variance | 16.78 | |||
| Downside Variance | 12.34 | |||
| Semi Variance | 11.64 | |||
| Expected Short fall | (3.52) |
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.
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Additional Tools for Sequans Stock Analysis
When running Sequans Communications' price analysis, check to measure Sequans Communications' 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 Sequans Communications is operating at the current time. Most of Sequans Communications' value examination focuses on studying past and present price action to predict the probability of Sequans Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sequans Communications' price. Additionally, you may evaluate how the addition of Sequans Communications to your portfolios can decrease your overall portfolio volatility.