ACI INFOCOM Stock Forecast - Naive Prediction

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ACIIN -- India Stock  

INR 0.46  0.02  4.55%

ACI INFOCOM Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ACI INFOCOM historical stock prices and determine the direction of ACI INFOCOM LTD's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of ACI INFOCOM historical fundamentals such as revenue growth or operating cash flow patterns. Please continue to Historical Fundamental Analysis of ACI INFOCOM to cross-verify your projections.

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A naive forecasting model for ACI INFOCOM is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of ACI INFOCOM LTD 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.

ACI INFOCOM Naive Prediction Price Forecast For the 4th of July

Given 30 days horizon, the forecasted value of ACI INFOCOM LTD on the next trading day is expected to be  0.45  with a mean absolute deviation of  0.006446 , mean absolute percentage error of  0.00007815 , and the sum of the absolute errors of  0.39 
 0.45 

ACI INFOCOM Stock Forecast Pattern

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ACI INFOCOM Forecasted Value

Market Value
0.46
3rd of July 2020
0.0046
Downside
0.45
Expected Value
3.74
Upside

Model Predictive Factors

AICAkaike Information Criteria108.6536
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0064
MAPEMean absolute percentage error0.0245
SAESum of the absolute errors0.3932
This model is not at all useful as a medium-long range forecasting tool of ACI INFOCOM LTD. 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 ACI INFOCOM. 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 ACI INFOCOM

There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as ACI INFOCOM LTD. 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.
Hype
Prediction
LowEstimated ValueHigh
0.020.463.75
Details
Intrinsic
Valuation
LowReal ValueHigh
0.020.323.61
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.130.300.47
Details

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Please continue to Historical Fundamental Analysis of ACI INFOCOM to cross-verify your projections. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page