Imagine Lithium Stock Forecast - 8 Period Moving Average

An 8-period moving average forecast model for Imagine Lithium is based on an artificially constructed time series of Imagine Lithium 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.

Imagine Lithium 8 Period Moving Average Price Forecast For the 31st of May

Given 90 days horizon, the 8 Period Moving Average forecasted value of Imagine Lithium on the next trading day is expected to be 0.09 with a mean absolute deviation of 0.004599, mean absolute percentage error of 0.0000324, and the sum of the absolute errors of 0.24.

Imagine Lithium Stock Forecast Pattern

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Imagine Lithium Price Prediction

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Imagine Lithium Forecasted Value

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 Imagine Lithium stock data series using in forecasting. Note that when a statistical model is used to represent Imagine Lithium 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. 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. Imagine Lithium 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Imagine Lithium

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Imagine Lithium. Regardless of method or technology, however, to accurately forecast the stock or bond 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.

Hype Prediction Low Estimated High 0.00 0.08 5.58 Details

Intrinsic Valuation Low Real High 0.00 0.07 5.57 Details

Bollinger Band Projection (param) Low Middle High 0.08 0.09 0.1 Details

Other Forecasting Options for Imagine Lithium

For every potential investor in Imagine, whether a beginner or expert, Imagine Lithium's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Imagine Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Imagine. Basic forecasting techniques help filter out the noise by identifying Imagine Lithium's price trends.

Imagine Lithium Related Equities

Risk & Return

Correlation

Imagine Lithium 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 Imagine Lithium'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 Imagine Lithium's current price.

Imagine Lithium Risk Indicators

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Our tools can tell you how much better you can do entering a position in Imagine Lithium without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Imagine Lithium using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between Imagine Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imagine Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imagine Lithium's 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. Check out Historical Fundamental Analysis of Imagine Lithium to cross-verify your projections. $(function(){ //alert('ILI.V'); displaySymbolSentimentChart('ILI.V','sentimentChart'); });