Surya Roshni Stock Forecast - 20 Period Moving Average

SURYAROSNI   281.65  4.00  1.44%   
The 20 Period Moving Average forecasted value of Surya Roshni Limited on the next trading day is expected to be 286.00 with a mean absolute deviation of 876.85 and the sum of the absolute errors of 35,951. Surya Stock Forecast is based on your current time horizon. Although Surya Roshni's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Surya Roshni's systematic risk associated with finding meaningful patterns of Surya Roshni fundamentals over time.
  
At this time, Surya Roshni's Common Stock Shares Outstanding is very stable compared to the past year. As of the 5th of January 2025, Short Term Investments is likely to grow to about 149.3 M, while Total Assets are likely to drop about 22 B.
A commonly used 20-period moving average forecast model for Surya Roshni Limited is based on a synthetically constructed Surya Roshnidaily 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.

Surya Roshni 20 Period Moving Average Price Forecast For the 6th of January

Given 90 days horizon, the 20 Period Moving Average forecasted value of Surya Roshni Limited on the next trading day is expected to be 286.00 with a mean absolute deviation of 876.85, mean absolute percentage error of 8,026,844, and the sum of the absolute errors of 35,951.
Please note that although there have been many attempts to predict Surya 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 Surya Roshni's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Surya Roshni Stock Forecast Pattern

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Surya Roshni Forecasted Value

In the context of forecasting Surya Roshni'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. Surya Roshni's downside and upside margins for the forecasting period are 159.14 and 412.86, respectively. We have considered Surya Roshni'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
281.65
159.14
Downside
286.00
Expected Value
412.86
Upside

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 Surya Roshni stock data series using in forecasting. Note that when a statistical model is used to represent Surya Roshni 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 Criteria97.2513
BiasArithmetic mean of the errors 11.0722
MADMean absolute deviation876.8519
MAPEMean absolute percentage error1.5766
SAESum of the absolute errors35950.9285
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. Surya Roshni Limited 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Surya Roshni

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Surya Roshni Limited. 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
20.03400.6228,566
Details
Intrinsic
Valuation
LowRealHigh
10.28205.6028,371
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Surya Roshni. Your research has to be compared to or analyzed against Surya Roshni's peers to derive any actionable benefits. When done correctly, Surya Roshni'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 Surya Roshni Limited.

Other Forecasting Options for Surya Roshni

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

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

Surya Roshni Limited 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 Surya Roshni'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 Surya Roshni's current price.

Surya Roshni Market Strength Events

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

Surya Roshni Risk Indicators

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

Other Information on Investing in Surya Stock

Surya Roshni financial ratios help investors to determine whether Surya Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Surya with respect to the benefits of owning Surya Roshni security.