Teradyne Stock Forecast - Simple Moving Average

TEY Stock  EUR 109.90  5.90  5.67%   
The Simple Moving Average forecasted value of Teradyne on the next trading day is expected to be 109.90 with a mean absolute deviation of 2.32 and the sum of the absolute errors of 136.83. Teradyne Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Teradyne's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A two period moving average forecast for Teradyne 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.

Teradyne Simple Moving Average Price Forecast For the 5th of December

Given 90 days horizon, the Simple Moving Average forecasted value of Teradyne on the next trading day is expected to be 109.90 with a mean absolute deviation of 2.32, mean absolute percentage error of 8.96, and the sum of the absolute errors of 136.83.
Please note that although there have been many attempts to predict Teradyne 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 Teradyne's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Teradyne Stock Forecast Pattern

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Teradyne Forecasted Value

In the context of forecasting Teradyne'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. Teradyne's downside and upside margins for the forecasting period are 107.32 and 112.48, respectively. We have considered Teradyne'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
109.90
107.32
Downside
109.90
Expected Value
112.48
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 Teradyne stock data series using in forecasting. Note that when a statistical model is used to represent Teradyne 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 Criteria116.6276
BiasArithmetic mean of the errors 0.1492
MADMean absolute deviation2.3192
MAPEMean absolute percentage error0.0216
SAESum of the absolute errors136.835
The simple moving average model is conceptually a linear regression of the current value of Teradyne price series against current and previous (unobserved) value of Teradyne. 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 Teradyne

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Teradyne. 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
107.32109.90112.48
Details
Intrinsic
Valuation
LowRealHigh
106.59109.17111.75
Details
Bollinger
Band Projection (param)
LowMiddleHigh
99.73103.95108.17
Details

Other Forecasting Options for Teradyne

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

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

Teradyne 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 Teradyne'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 Teradyne's current price.

Teradyne Market Strength Events

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

Teradyne Risk Indicators

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

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Additional Information and Resources on Investing in Teradyne Stock

When determining whether Teradyne is a strong investment it is important to analyze Teradyne's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Teradyne's future performance. For an informed investment choice regarding Teradyne Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Teradyne to cross-verify your projections.
For more detail on how to invest in Teradyne Stock please use our How to Invest in Teradyne guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Please note, there is a significant difference between Teradyne's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teradyne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teradyne's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.