Ballantyne Strong Stock Forecast - 20 Period Moving Average

BTNDelisted Stock  USD 2.65  0.13  5.16%   
The 20 Period Moving Average forecasted value of Ballantyne Strong on the next trading day is expected to be 2.61 with a mean absolute deviation of  0.12  and the sum of the absolute errors of 4.75. Ballantyne Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ballantyne Strong stock prices and determine the direction of Ballantyne Strong's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ballantyne Strong's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
  
Most investors in Ballantyne Strong cannot accurately predict what will happen the next trading day because, historically, 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 Ballantyne Strong's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Ballantyne Strong's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for Ballantyne Strong is based on a synthetically constructed Ballantyne Strongdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Ballantyne Strong 20 Period Moving Average Price Forecast For the 29th of March

Given 90 days horizon, the 20 Period Moving Average forecasted value of Ballantyne Strong on the next trading day is expected to be 2.61 with a mean absolute deviation of 0.12, mean absolute percentage error of 0.02, and the sum of the absolute errors of 4.75.
Please note that although there have been many attempts to predict Ballantyne 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 Ballantyne Strong's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ballantyne Strong Stock Forecast Pattern

Backtest Ballantyne StrongBallantyne Strong Price PredictionBuy or Sell Advice 

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Ballantyne Strong stock data series using in forecasting. Note that when a statistical model is used to represent Ballantyne Strong 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 Criteria77.5854
BiasArithmetic mean of the errors -0.0456
MADMean absolute deviation0.116
MAPEMean absolute percentage error0.046
SAESum of the absolute errors4.7545
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. Ballantyne Strong 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Ballantyne Strong

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ballantyne Strong. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ballantyne Strong'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.
Hype
Prediction
LowEstimatedHigh
2.652.652.65
Details
Intrinsic
Valuation
LowRealHigh
2.202.202.92
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ballantyne Strong. Your research has to be compared to or analyzed against Ballantyne Strong's peers to derive any actionable benefits. When done correctly, Ballantyne Strong's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ballantyne Strong.

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

Ballantyne Strong Market Strength Events

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

Ballantyne Strong Risk Indicators

The analysis of Ballantyne Strong'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 Ballantyne Strong's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ballantyne 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.

Pair Trading with Ballantyne Strong

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ballantyne Strong position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ballantyne Strong will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ballantyne Stock

  0.68JPM JPMorgan Chase Fiscal Quarter End 31st of March 2024 PairCorr

Moving against Ballantyne Stock

  0.73ZTLLF ZonetailPairCorr
The ability to find closely correlated positions to Ballantyne Strong could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ballantyne Strong when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ballantyne Strong - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ballantyne Strong to buy it.
The correlation of Ballantyne Strong is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ballantyne Strong moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ballantyne Strong moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ballantyne Strong can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Other Consideration for investing in Ballantyne Stock

If you are still planning to invest in Ballantyne Strong check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ballantyne Strong's history and understand the potential risks before investing.
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