Synsam AB Stock Forecast - 4 Period Moving Average

SYNSAM Stock   43.00  0.70  1.65%   
The 4 Period Moving Average forecasted value of Synsam AB on the next trading day is expected to be 42.65 with a mean absolute deviation of 0.77 and the sum of the absolute errors of 43.85. Synsam Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Synsam AB stock prices and determine the direction of Synsam AB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Synsam AB's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for Synsam AB is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Synsam AB 4 Period Moving Average Price Forecast For the 24th of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of Synsam AB on the next trading day is expected to be 42.65 with a mean absolute deviation of 0.77, mean absolute percentage error of 1.07, and the sum of the absolute errors of 43.85.
Please note that although there have been many attempts to predict Synsam 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 Synsam AB's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Synsam AB Stock Forecast Pattern

Backtest Synsam ABSynsam AB Price PredictionBuy or Sell Advice 

Synsam AB Forecasted Value

In the context of forecasting Synsam AB'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. Synsam AB's downside and upside margins for the forecasting period are 40.60 and 44.70, respectively. We have considered Synsam AB'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
43.00
42.65
Expected Value
44.70
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Synsam AB stock data series using in forecasting. Note that when a statistical model is used to represent Synsam AB 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 Criteria110.8263
BiasArithmetic mean of the errors 0.264
MADMean absolute deviation0.7693
MAPEMean absolute percentage error0.0173
SAESum of the absolute errors43.85
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Synsam AB. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Synsam AB and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Synsam AB

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Synsam AB. 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
40.9643.0045.04
Details
Intrinsic
Valuation
LowRealHigh
35.1337.1747.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Synsam AB. Your research has to be compared to or analyzed against Synsam AB's peers to derive any actionable benefits. When done correctly, Synsam AB'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 Synsam AB.

Other Forecasting Options for Synsam AB

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

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

Synsam AB 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 Synsam AB'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 Synsam AB's current price.

Synsam AB Market Strength Events

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

Synsam AB Risk Indicators

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

Explore Investment Opportunities

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.
Explore Investing Ideas  

Other Information on Investing in Synsam Stock

Synsam AB financial ratios help investors to determine whether Synsam 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 Synsam with respect to the benefits of owning Synsam AB security.