|F -- USA Stock|| |
USD 9.85 0.46 4.90%
Investors can use this prediction interface to forecast Ford Motor historic prices and determine the direction of Ford Motor Company future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of Ford Motor historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Ford Motor Company systematic risks associated with finding meaningful patterns of Ford Motor fundamentals over time. Additionally see Historical Fundamental Analysis of Ford Motor
to cross-verify your projections.
An 8-period moving average forecast model for Ford Motor is based on an artificially constructed time series of Ford Motor 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.
Given 30 days horizon, the value of Ford Motor Company on the next trading day is expected to be 9.67125
Ford Motor Prediction Pattern
Ford Motor Forecasted Value
September 26, 2018
Model Predictive Factors
|AIC||Akaike Information Criteria||21.4503|
|Bias||Arithmetic mean of the errors ||-0.1428|
|MAD||Mean absolute deviation||0.1938|
|MAPE||Mean absolute percentage error||0.02|
|SAE||Sum of the absolute errors||1.9375|
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. Ford Motor Company 8-period moving average forecast can only be used reliably to predict one or two periods into the future.