Sirius XM Stock Forecast - Simple Moving Average
| SIRI Stock | USD 3.06 0.04 1.29% |
The Simple Moving Average forecasted value of Sirius XM Holding on the next trading day is expected to be 3.08 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.27. Sirius Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sirius XM stock prices and determine the direction of Sirius XM Holding's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sirius XM's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Sirius XM's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Sirius XM's systematic risk associated with finding meaningful patterns of Sirius XM fundamentals over time.
Check out Historical Fundamental Analysis of Sirius XM to cross-verify your projections. Sirius |
Open Interest Against 2024-04-19 Sirius Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Sirius XM'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 Sirius XM's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Sirius XM 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 Sirius XM's open interest, investors have to compare it to Sirius XM'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 Sirius XM 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 Sirius. 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 Sirius XM 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 Sirius XM's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sirius XM's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for Sirius XM is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility. Sirius XM Simple Moving Average Price Forecast For the 19th of April
Given 90 days horizon, the Simple Moving Average forecasted value of Sirius XM Holding on the next trading day is expected to be 3.08 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.27.Please note that although there have been many attempts to predict Sirius 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 Sirius XM's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sirius XM Stock Forecast Pattern
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Sirius XM Forecasted Value
In the context of forecasting Sirius XM'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. Sirius XM's downside and upside margins for the forecasting period are 1.47 and 4.69, respectively. We have considered Sirius XM'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Sirius XM stock data series using in forecasting. Note that when a statistical model is used to represent Sirius XM 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 | 109.7026 |
| Bias | Arithmetic mean of the errors | 0.0591 |
| MAD | Mean absolute deviation | 0.0723 |
| MAPE | Mean absolute percentage error | 0.0174 |
| SAE | Sum of the absolute errors | 4.265 |
Predictive Modules for Sirius XM
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sirius XM Holding. 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 Sirius XM'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.
Other Forecasting Options for Sirius XM
For every potential investor in Sirius, whether a beginner or expert, Sirius XM's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sirius Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sirius. Basic forecasting techniques help filter out the noise by identifying Sirius XM's price trends.Sirius XM 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 Sirius XM stock to make a market-neutral strategy. Peer analysis of Sirius XM could also be used in its relative valuation, which is a method of valuing Sirius XM by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sirius XM Holding 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 Sirius XM'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 Sirius XM's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sirius XM Market Strength Events
Market strength indicators help investors to evaluate how Sirius XM stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sirius XM shares will generate the highest return on investment. By undertsting and applying Sirius XM stock market strength indicators, traders can identify Sirius XM Holding entry and exit signals to maximize returns.
Sirius XM Risk Indicators
The analysis of Sirius XM'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 Sirius XM's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sirius 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 | 1.2 | |||
| Standard Deviation | 1.66 | |||
| Variance | 2.74 |
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.
Sirius XM Investors Sentiment
The influence of Sirius XM's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sirius. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Sirius XM's public news can be used to forecast risks associated with an investment in Sirius. The trend in average sentiment can be used to explain how an investor holding Sirius can time the market purely based on public headlines and social activities around Sirius XM Holding. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sirius XM's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sirius XM's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sirius XM's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sirius XM.
Sirius XM Implied Volatility | 202.82 |
Sirius XM's implied volatility exposes the market's sentiment of Sirius XM Holding stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Sirius XM's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Sirius XM stock will not fluctuate a lot when Sirius XM's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sirius XM in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sirius XM's short interest history, or implied volatility extrapolated from Sirius XM options trading.
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When determining whether Sirius XM Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sirius XM'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 Sirius Xm Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sirius Xm Holding Stock:Check out Historical Fundamental Analysis of Sirius XM to cross-verify your projections. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Sirius Stock analysis
When running Sirius XM's price analysis, check to measure Sirius XM'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 Sirius XM is operating at the current time. Most of Sirius XM's value examination focuses on studying past and present price action to predict the probability of Sirius XM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sirius XM's price. Additionally, you may evaluate how the addition of Sirius XM to your portfolios can decrease your overall portfolio volatility.
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Is Sirius XM'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 Sirius XM. If investors know Sirius 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 Sirius XM 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 (0.02) | Dividend Share 0.099 | Earnings Share 0.32 | Revenue Per Share 2.321 | Quarterly Revenue Growth 0.002 |
The market value of Sirius XM Holding is measured differently than its book value, which is the value of Sirius that is recorded on the company's balance sheet. Investors also form their own opinion of Sirius XM's value that differs from its market value or its book value, called intrinsic value, which is Sirius XM'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 Sirius XM's market value can be influenced by many factors that don't directly affect Sirius XM'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 Sirius XM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sirius XM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sirius XM'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.