Sporting Clube Stock Forecast - Naive Prediction

A naive forecasting model for Sporting Clube is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Sporting Clube De value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Sporting Clube Naive Prediction Price Forecast For the 27th of September

Given 90 days horizon, the Naive Prediction forecasted value of Sporting Clube De on the next trading day is expected to be 0.88 with a mean absolute deviation of 0.031495, mean absolute percentage error of 0.001349, and the sum of the absolute errors of 1.92.

Sporting Clube Stock Forecast Pattern

Backtest Sporting Clube

Sporting Clube Price Prediction

Buy or Sell Advice

Sporting Clube Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Sporting Clube stock data series using in forecasting. Note that when a statistical model is used to represent Sporting Clube 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. This model is not at all useful as a medium-long range forecasting tool of Sporting Clube De. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Sporting Clube. 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.

Predictive Modules for Sporting Clube

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sporting Clube De. 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 0.05 0.98 5.85 Details

Intrinsic Valuation Low Real High 0.04 0.78 5.65 Details

Bollinger Band Projection (param) Low Middle High 0.98 0.98 0.98 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sporting Clube. Your research has to be compared to or analyzed against Sporting Clube's peers to derive any actionable benefits. When done correctly, Sporting Clube'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 Sporting Clube De.

Other Forecasting Options for Sporting Clube

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

Sporting Clube Related Equities

Risk & Return

Correlation

Sporting Clube De 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 Sporting Clube'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 Sporting Clube's current price.

Sporting Clube Risk Indicators

Be your own money manager

Our tools can tell you how much better you can do entering a position in Sporting Clube 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.

Currently Active Assets on Macroaxis

Complementary Tools for Sporting Stock analysis

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 Sporting Clube's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sporting Clube is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sporting Clube'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. $(function(){ //alert('SCP.LS'); displaySymbolSentimentChart('SCP.LS','sentimentChart'); });