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.
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Ford Motor Prediction Pattern
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Ford Motor Forecasted Value
December 14, 2018
8.11Next Trading Day Expected Value
Model Predictive Factors
This model is not at all useful as a medium-long range forecasting tool of Ford Motor Company. This model really is a simplistic model, and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly. Instead, consider using either the moving average model, or the more general weighted moving average model with a higher (i.e. greater than 1) number of periods, and possibly a different set of weights.
|AIC||Akaike Information Criteria||74.4487|
|Bias||Arithmetic mean of the errors||None|
|MAD||Mean absolute deviation||0.1487|
|MAPE||Mean absolute percentage error||0.0165|
|SAE||Sum of the absolute errors||5.7986|