Electronic Arts Stock Forecast - 8 Period Moving Average
| EA Stock | USD 135.87 0.24 0.18% |
The 8 Period Moving Average forecasted value of Electronic Arts on the next trading day is expected to be 136.56 with a mean absolute deviation of 1.73 and the sum of the absolute errors of 91.46. Electronic Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Electronic Arts stock prices and determine the direction of Electronic Arts's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Electronic Arts' historical fundamentals, such as revenue growth or operating cash flow patterns.
Electronic |
Open Interest Against 2024-06-21 Electronic Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Electronic Arts' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Electronic Arts' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Electronic Arts stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Electronic Arts' open interest, investors have to compare it to Electronic Arts' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Electronic Arts is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Electronic. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Electronic Arts 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 Electronic Arts' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Electronic Arts' price structures and extracts relationships that further increase the generated results' accuracy.
An 8-period moving average forecast model for Electronic Arts is based on an artificially constructed time series of Electronic Arts 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. Electronic Arts 8 Period Moving Average Price Forecast For the 16th of June 2024
Given 90 days horizon, the 8 Period Moving Average forecasted value of Electronic Arts on the next trading day is expected to be 136.56 with a mean absolute deviation of 1.73, mean absolute percentage error of 5.21, and the sum of the absolute errors of 91.46.Please note that although there have been many attempts to predict Electronic 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 Electronic Arts' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Electronic Arts Stock Forecast Pattern
| Backtest Electronic Arts | Electronic Arts Price Prediction | Buy or Sell Advice |
Electronic Arts Forecasted Value
In the context of forecasting Electronic Arts' 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. Electronic Arts' downside and upside margins for the forecasting period are 135.42 and 137.69, respectively. We have considered Electronic Arts' 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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Electronic Arts stock data series using in forecasting. Note that when a statistical model is used to represent Electronic Arts 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 | 105.0584 |
| Bias | Arithmetic mean of the errors | -0.3646 |
| MAD | Mean absolute deviation | 1.7257 |
| MAPE | Mean absolute percentage error | 0.0132 |
| SAE | Sum of the absolute errors | 91.4637 |
Predictive Modules for Electronic Arts
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Electronic Arts. 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 Electronic Arts' 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 Electronic Arts
For every potential investor in Electronic, whether a beginner or expert, Electronic Arts' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Electronic Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Electronic. Basic forecasting techniques help filter out the noise by identifying Electronic Arts' price trends.Electronic Arts 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 Electronic Arts stock to make a market-neutral strategy. Peer analysis of Electronic Arts could also be used in its relative valuation, which is a method of valuing Electronic Arts by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Electronic Arts 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 Electronic Arts' 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 Electronic Arts' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Electronic Arts Market Strength Events
Market strength indicators help investors to evaluate how Electronic Arts stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electronic Arts shares will generate the highest return on investment. By undertsting and applying Electronic Arts stock market strength indicators, traders can identify Electronic Arts entry and exit signals to maximize returns.
Electronic Arts Risk Indicators
The analysis of Electronic Arts' 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 Electronic Arts' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting electronic 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 | 0.7694 | |||
| Semi Deviation | 1.11 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.3 | |||
| Downside Variance | 1.32 | |||
| Semi Variance | 1.23 | |||
| Expected Short fall | (0.75) |
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.| WMT | Walmart | |
| MIDNX | Matthews India Fund | |
| QCOM | Qualcomm Incorporated |
Additional Information and Resources on Investing in Electronic Stock
When determining whether Electronic Arts offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Electronic Arts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Electronic Arts Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Electronic Arts Stock:Check out Historical Fundamental Analysis of Electronic Arts to cross-verify your projections. For information on how to trade Electronic Stock refer to our How to Trade Electronic Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Interactive Home Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Electronic Arts. If investors know Electronic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Electronic Arts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.466 | Dividend Share 0.76 | Earnings Share 4.69 | Revenue Per Share 28.007 | Quarterly Revenue Growth (0.05) |
The market value of Electronic Arts is measured differently than its book value, which is the value of Electronic that is recorded on the company's balance sheet. Investors also form their own opinion of Electronic Arts' value that differs from its market value or its book value, called intrinsic value, which is Electronic Arts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Electronic Arts' market value can be influenced by many factors that don't directly affect Electronic Arts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Electronic Arts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Electronic Arts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electronic Arts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.