Titanium Oyj Stock Forecast - 4 Period Moving Average

TITAN Stock  EUR 10.80  0.10  0.92%   
The 4 Period Moving Average forecasted value of Titanium Oyj on the next trading day is expected to be 10.89 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 10.13. Titanium Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Titanium Oyj's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for Titanium Oyj 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.

Titanium Oyj 4 Period Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the 4 Period Moving Average forecasted value of Titanium Oyj on the next trading day is expected to be 10.89 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.07, and the sum of the absolute errors of 10.13.
Please note that although there have been many attempts to predict Titanium 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 Titanium Oyj's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Titanium Oyj Stock Forecast Pattern

Backtest Titanium OyjTitanium Oyj Price PredictionBuy or Sell Advice 

Titanium Oyj Forecasted Value

In the context of forecasting Titanium Oyj'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. Titanium Oyj's downside and upside margins for the forecasting period are 9.14 and 12.63, respectively. We have considered Titanium Oyj'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
10.80
10.89
Expected Value
12.63
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 Titanium Oyj stock data series using in forecasting. Note that when a statistical model is used to represent Titanium Oyj 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 Criteria108.1417
BiasArithmetic mean of the errors -0.0268
MADMean absolute deviation0.1778
MAPEMean absolute percentage error0.0172
SAESum of the absolute errors10.1325
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 Titanium Oyj. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Titanium Oyj and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Titanium Oyj

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Titanium Oyj. 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
9.1510.9012.65
Details
Intrinsic
Valuation
LowRealHigh
8.8310.5812.34
Details
Bollinger
Band Projection (param)
LowMiddleHigh
9.1810.0110.84
Details

Other Forecasting Options for Titanium Oyj

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

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

Titanium Oyj 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 Titanium Oyj'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 Titanium Oyj's current price.

Titanium Oyj Market Strength Events

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

Titanium Oyj Risk Indicators

The analysis of Titanium Oyj'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 Titanium Oyj's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting titanium 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 Titanium Stock

Titanium Oyj financial ratios help investors to determine whether Titanium 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 Titanium with respect to the benefits of owning Titanium Oyj security.