Argo Group Preferred Stock Forecast - Simple Moving Average
| ARGO-PA Preferred Stock | USD 24.65 0.02 0.08% |
The Simple Moving Average forecasted value of Argo Group International on the next trading day is expected to be 24.65 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.23. Argo Preferred Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Argo Group stock prices and determine the direction of Argo Group International's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Argo Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Argo Group to cross-verify your projections. Argo |
Most investors in Argo Group cannot accurately predict what will happen the next trading day because, historically, preferred stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Argo Group's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Argo Group's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for Argo Group 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. Argo Group Simple Moving Average Price Forecast For the 21st of May
Given 90 days horizon, the Simple Moving Average forecasted value of Argo Group International on the next trading day is expected to be 24.65 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.23.Please note that although there have been many attempts to predict Argo Preferred 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 Argo Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Argo Group Preferred Stock Forecast Pattern
| Backtest Argo Group | Argo Group Price Prediction | Buy or Sell Advice |
Argo Group Forecasted Value
In the context of forecasting Argo Group's Preferred 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. Argo Group's downside and upside margins for the forecasting period are 24.13 and 25.17, respectively. We have considered Argo Group'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.
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 Argo Group preferred stock data series using in forecasting. Note that when a statistical model is used to represent Argo Group preferred 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.| AIC | Akaike Information Criteria | 110.0659 |
| Bias | Arithmetic mean of the errors | -0.0269 |
| MAD | Mean absolute deviation | 0.0886 |
| MAPE | Mean absolute percentage error | 0.0037 |
| SAE | Sum of the absolute errors | 5.23 |
Predictive Modules for Argo Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Argo Group International. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Argo Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Argo Group
For every potential investor in Argo, whether a beginner or expert, Argo Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Argo Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Argo. Basic forecasting techniques help filter out the noise by identifying Argo Group's price trends.Argo Group 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 Argo Group preferred stock to make a market-neutral strategy. Peer analysis of Argo Group could also be used in its relative valuation, which is a method of valuing Argo Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Argo Group International Technical and Predictive Analytics
The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Argo Group'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 Argo Group's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Argo Group Market Strength Events
Market strength indicators help investors to evaluate how Argo Group preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Argo Group shares will generate the highest return on investment. By undertsting and applying Argo Group preferred stock market strength indicators, traders can identify Argo Group International entry and exit signals to maximize returns.
Argo Group Risk Indicators
The analysis of Argo Group'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 Argo Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting argo preferred 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.
| Mean Deviation | 0.3889 | |||
| Semi Deviation | 0.273 | |||
| Standard Deviation | 0.5155 | |||
| Variance | 0.2657 | |||
| Downside Variance | 0.2144 | |||
| Semi Variance | 0.0745 | |||
| Expected Short fall | (0.47) |
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.Check out Historical Fundamental Analysis of Argo Group to cross-verify your projections. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Argo Preferred Stock analysis
When running Argo Group's price analysis, check to measure Argo Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Argo Group is operating at the current time. Most of Argo Group's value examination focuses on studying past and present price action to predict the probability of Argo Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argo Group's price. Additionally, you may evaluate how the addition of Argo Group to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |