Saia Stock Forecast - 20 Period Moving Average

SAIA Stock  USD 580.46  7.02  1.19%   
The 20 Period Moving Average forecasted value of Saia Inc on the next trading day is expected to be 584.46 with a mean absolute deviation of  36.21  and the sum of the absolute errors of 1,521. Saia Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Saia stock prices and determine the direction of Saia Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Saia's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Saia's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Saia's systematic risk associated with finding meaningful patterns of Saia fundamentals over time.
Check out Historical Fundamental Analysis of Saia to cross-verify your projections.
  
At present, Saia's Fixed Asset Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 10.14, whereas Inventory Turnover is forecasted to decline to 22.45. . The current year's Net Income Applicable To Common Shares is expected to grow to about 431.6 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 26.3 M.

Open Interest Against 2024-04-19 Saia Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Saia's 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 Saia's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Saia 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 Saia's open interest, investors have to compare it to Saia's 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 Saia 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 Saia. 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 Saia 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 Saia's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Saia's price structures and extracts relationships that further increase the generated results' accuracy.
A commonly used 20-period moving average forecast model for Saia Inc is based on a synthetically constructed Saiadaily 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.

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

Given 90 days horizon, the 20 Period Moving Average forecasted value of Saia Inc on the next trading day is expected to be 584.46 with a mean absolute deviation of 36.21, mean absolute percentage error of 2,061, and the sum of the absolute errors of 1,521.
Please note that although there have been many attempts to predict Saia 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 Saia's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Saia Stock Forecast Pattern

Backtest SaiaSaia Price PredictionBuy or Sell Advice 

Saia Forecasted Value

In the context of forecasting Saia's 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. Saia's downside and upside margins for the forecasting period are 581.92 and 587.00, respectively. We have considered Saia's 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.
Market Value
580.46
581.92
Downside
584.46
Expected Value
587.00
Upside

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 Saia stock data series using in forecasting. Note that when a statistical model is used to represent Saia 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 Criteria90.8217
BiasArithmetic mean of the errors -33.8769
MADMean absolute deviation36.2081
MAPEMean absolute percentage error0.0651
SAESum of the absolute errors1520.739
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. Saia Inc 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Saia

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Saia Inc. 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 Saia'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
578.77581.31583.85
Details
Intrinsic
Valuation
LowRealHigh
540.35542.89638.51
Details
Bollinger
Band Projection (param)
LowMiddleHigh
578.61584.80590.99
Details
20 Analysts
Consensus
LowTargetHigh
420.99462.63513.52
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Saia. Your research has to be compared to or analyzed against Saia's peers to derive any actionable benefits. When done correctly, Saia'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 Saia Inc.

Other Forecasting Options for Saia

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

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

Saia Inc 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 Saia'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 Saia's current price.

Saia Market Strength Events

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

Saia Risk Indicators

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

Currently Active Assets on Macroaxis

When determining whether Saia Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Saia's 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 Saia Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Saia Inc Stock:
Check out Historical Fundamental Analysis of Saia to cross-verify your projections.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Saia Stock analysis

When running Saia's price analysis, check to measure Saia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Saia is operating at the current time. Most of Saia's value examination focuses on studying past and present price action to predict the probability of Saia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saia's price. Additionally, you may evaluate how the addition of Saia to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Is Saia's industry 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 Saia. If investors know Saia 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 Saia 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
0.255
Earnings Share
13.29
Revenue Per Share
108.194
Quarterly Revenue Growth
0.146
Return On Assets
0.1212
The market value of Saia Inc is measured differently than its book value, which is the value of Saia that is recorded on the company's balance sheet. Investors also form their own opinion of Saia's value that differs from its market value or its book value, called intrinsic value, which is Saia's 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 Saia's market value can be influenced by many factors that don't directly affect Saia's 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 Saia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saia'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.