SATIA INDUSTRIES Stock Forecast - 8 Period Moving Average

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SATIA -- India Stock  

INR 73.50  7.60  9.37%

SATIA INDUSTRIES Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SATIA INDUSTRIES historical stock prices and determine the direction of SATIA INDUSTRIES LIMITED'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 SATIA INDUSTRIES historical fundamentals such as revenue growth or operating cash flow patterns. Additionally, take a look at Historical Fundamental Analysis of SATIA INDUSTRIES to cross-verify your projections.

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An 8-period moving average forecast model for SATIA INDUSTRIES is based on an artificially constructed time series of SATIA INDUSTRIES daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

SATIA INDUSTRIES 8 Period Moving Average Price Forecast For the 11th of July 2020

Given 30 days horizon, the forecasted value of SATIA INDUSTRIES LIMITED on the next trading day is expected to be  76.50  with a mean absolute deviation of  3.21 , mean absolute percentage error of  16.93 , and the sum of the absolute errors of  169.89 
 76.50 

SATIA INDUSTRIES Stock Forecast Pattern

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SATIA INDUSTRIES Forecasted Value

Market Value
73.50
10th of July 2020
76.50
Expected Value
80.59
Upside

Model Predictive Factors

AICAkaike Information Criteria106.2365
BiasArithmetic mean of the errors -0.5222
MADMean absolute deviation3.2054
MAPEMean absolute percentage error0.0422
SAESum of the absolute errors169.8875
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. SATIA INDUSTRIES LIMITED 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for SATIA INDUSTRIES

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SATIA INDUSTRIES. 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
69.4173.5077.59
Details
Intrinsic
Valuation
LowReal ValueHigh
70.5574.6478.73
Details

Other Forecasting Options for SATIA INDUSTRIES

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SATIA INDUSTRIES Technical and Predictive Analytics

Volatility Measures

SATIA INDUSTRIES Risk Indicators

Current Sentiment - SATIA

SATIA INDUSTRIES Investor Sentiment

Macroaxis portfolio users are evenly split in their outlook on investing in SATIA INDUSTRIES LIMITED. What is your outlook on investing in SATIA INDUSTRIES LIMITED? Are you bullish or bearish?
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Additionally, take a look at Historical Fundamental Analysis of SATIA INDUSTRIES to cross-verify your projections. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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