Simon Property Stock Forecast - Naive Prediction
| SPG Stock | USD 173.40 0.42 0.24% |
The Naive Prediction forecasted value of Simon Property Group on the next trading day is expected to be 172.78 with a mean absolute deviation of 1.55 and the sum of the absolute errors of 96.37. Simon Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Simon Property's historical fundamentals, such as revenue growth or operating cash flow patterns.
Simon |
Cash | First Reported 1998-09-30 | Previous Quarter 1.3 B | Current Value 1.2 B | Quarterly Volatility 821.9 M |
Simon Property Naive Prediction Price Forecast For the 26th of October
Given 90 days horizon, the Naive Prediction forecasted value of Simon Property Group on the next trading day is expected to be 172.78 with a mean absolute deviation of 1.55, mean absolute percentage error of 3.66, and the sum of the absolute errors of 96.37.Please note that although there have been many attempts to predict Simon 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 Simon Property's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Simon Property Stock Forecast Pattern
| Backtest Simon Property | Simon Property Price Prediction | Buy or Sell Advice |
Simon Property Forecasted Value
In the context of forecasting Simon Property'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. Simon Property's downside and upside margins for the forecasting period are 171.47 and 174.10, respectively. We have considered Simon Property'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Simon Property stock data series using in forecasting. Note that when a statistical model is used to represent Simon Property 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 | 121.2455 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.5544 |
| MAPE | Mean absolute percentage error | 0.0095 |
| SAE | Sum of the absolute errors | 96.3701 |
Predictive Modules for Simon Property
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Simon Property Group. 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 Simon Property'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 Simon Property
For every potential investor in Simon, whether a beginner or expert, Simon Property's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Simon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Simon. Basic forecasting techniques help filter out the noise by identifying Simon Property's price trends.Simon Property 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 Simon Property stock to make a market-neutral strategy. Peer analysis of Simon Property could also be used in its relative valuation, which is a method of valuing Simon Property by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Simon Property Group 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 Simon Property'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 Simon Property's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Simon Property Market Strength Events
Market strength indicators help investors to evaluate how Simon Property stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Simon Property shares will generate the highest return on investment. By undertsting and applying Simon Property stock market strength indicators, traders can identify Simon Property Group entry and exit signals to maximize returns.
| Accumulation Distribution | 15416.12 | |||
| Daily Balance Of Power | (0.16) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 173.96 | |||
| Day Typical Price | 173.77 | |||
| Price Action Indicator | (0.77) | |||
| Period Momentum Indicator | (0.42) | |||
| Relative Strength Index | 68.14 |
Simon Property Risk Indicators
The analysis of Simon Property'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 Simon Property's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting simon 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 | 0.9685 | |||
| Semi Deviation | 0.9515 | |||
| Standard Deviation | 1.31 | |||
| Variance | 1.71 | |||
| Downside Variance | 1.47 | |||
| Semi Variance | 0.9053 | |||
| Expected Short fall | (1.13) |
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
| MSFT | Microsoft | |
| V | Visa Class A | |
| MSFT | Microsoft | |
| BAC | Bank of America | |
| CRM | Salesforce |
Check out Historical Fundamental Analysis of Simon Property to cross-verify your projections. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Retail REITs 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 Simon Property. If investors know Simon 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 Simon Property 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 0.016 | Dividend Share 7.75 | Earnings Share 7.87 | Revenue Per Share 17.898 | Quarterly Revenue Growth 0.065 |
The market value of Simon Property Group is measured differently than its book value, which is the value of Simon that is recorded on the company's balance sheet. Investors also form their own opinion of Simon Property's value that differs from its market value or its book value, called intrinsic value, which is Simon Property'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 Simon Property's market value can be influenced by many factors that don't directly affect Simon Property'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 Simon Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simon Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simon Property'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.