Wintermar Offshore Stock Forecast - 8 Period Moving Average

WINS Stock  IDR 454.00  4.00  0.89%   
The 8 Period Moving Average forecasted value of Wintermar Offshore Marine on the next trading day is expected to be 459.25 with a mean absolute deviation of 17.80 and the sum of the absolute errors of 943.56. Wintermar Stock Forecast is based on your current time horizon.
  
An 8-period moving average forecast model for Wintermar Offshore is based on an artificially constructed time series of Wintermar Offshore daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Wintermar Offshore 8 Period Moving Average Price Forecast For the 16th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Wintermar Offshore Marine on the next trading day is expected to be 459.25 with a mean absolute deviation of 17.80, mean absolute percentage error of 493.80, and the sum of the absolute errors of 943.56.
Please note that although there have been many attempts to predict Wintermar 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 Wintermar Offshore's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Wintermar Offshore Stock Forecast Pattern

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Wintermar Offshore Forecasted Value

In the context of forecasting Wintermar Offshore'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. Wintermar Offshore's downside and upside margins for the forecasting period are 456.87 and 461.63, respectively. We have considered Wintermar Offshore'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
454.00
456.87
Downside
459.25
Expected Value
461.63
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Wintermar Offshore stock data series using in forecasting. Note that when a statistical model is used to represent Wintermar Offshore 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 Criteria109.6096
BiasArithmetic mean of the errors -0.6446
MADMean absolute deviation17.8031
MAPEMean absolute percentage error0.036
SAESum of the absolute errors943.5637
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. Wintermar Offshore Marine 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Wintermar Offshore

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wintermar Offshore Marine. 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
451.60454.00456.40
Details
Intrinsic
Valuation
LowRealHigh
408.60514.56516.96
Details
Bollinger
Band Projection (param)
LowMiddleHigh
436.98474.08511.17
Details

Other Forecasting Options for Wintermar Offshore

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

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

Wintermar Offshore Marine 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 Wintermar Offshore'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 Wintermar Offshore's current price.

Wintermar Offshore Market Strength Events

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

Wintermar Offshore Risk Indicators

The analysis of Wintermar Offshore'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 Wintermar Offshore's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wintermar 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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Other Information on Investing in Wintermar Stock

Wintermar Offshore financial ratios help investors to determine whether Wintermar 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 Wintermar with respect to the benefits of owning Wintermar Offshore security.