Sydbank AS Stock Forecast - 8 Period Moving Average
| SYDB Stock | DKK 361.80 0.20 0.06% |
The 8 Period Moving Average forecasted value of Sydbank AS on the next trading day is expected to be 362.10 with a mean absolute deviation of 8.97 and the sum of the absolute errors of 475.56. Sydbank Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sydbank AS stock prices and determine the direction of Sydbank AS's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sydbank AS's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Sydbank AS to cross-verify your projections. Sydbank |
Most investors in Sydbank AS 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 Sydbank AS's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sydbank AS's price structures and extracts relationships that further increase the generated results' accuracy.
An 8-period moving average forecast model for Sydbank AS is based on an artificially constructed time series of Sydbank AS 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. Sydbank AS 8 Period Moving Average Price Forecast For the 24th of April
Given 90 days horizon, the 8 Period Moving Average forecasted value of Sydbank AS on the next trading day is expected to be 362.10 with a mean absolute deviation of 8.97, mean absolute percentage error of 182.11, and the sum of the absolute errors of 475.56.Please note that although there have been many attempts to predict Sydbank 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 Sydbank AS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sydbank AS Stock Forecast Pattern
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Sydbank AS Forecasted Value
In the context of forecasting Sydbank AS'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. Sydbank AS's downside and upside margins for the forecasting period are 360.40 and 363.80, respectively. We have considered Sydbank AS'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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Sydbank AS stock data series using in forecasting. Note that when a statistical model is used to represent Sydbank AS 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 | 108.6121 |
| Bias | Arithmetic mean of the errors | -6.4955 |
| MAD | Mean absolute deviation | 8.9729 |
| MAPE | Mean absolute percentage error | 0.0264 |
| SAE | Sum of the absolute errors | 475.5638 |
Predictive Modules for Sydbank AS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sydbank AS. 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 Sydbank AS'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 Sydbank AS
For every potential investor in Sydbank, whether a beginner or expert, Sydbank AS's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sydbank Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sydbank. Basic forecasting techniques help filter out the noise by identifying Sydbank AS's price trends.Sydbank AS 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 Sydbank AS stock to make a market-neutral strategy. Peer analysis of Sydbank AS could also be used in its relative valuation, which is a method of valuing Sydbank AS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sydbank AS 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 Sydbank AS'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 Sydbank AS's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sydbank AS Market Strength Events
Market strength indicators help investors to evaluate how Sydbank AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sydbank AS shares will generate the highest return on investment. By undertsting and applying Sydbank AS stock market strength indicators, traders can identify Sydbank AS entry and exit signals to maximize returns.
Sydbank AS Risk Indicators
The analysis of Sydbank AS'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 Sydbank AS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sydbank 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 | 1.09 | |||
| Semi Deviation | 0.746 | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.81 | |||
| Downside Variance | 1.29 | |||
| Semi Variance | 0.5565 | |||
| Expected Short fall | (1.36) |
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
Check out Historical Fundamental Analysis of Sydbank AS to cross-verify your projections. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Sydbank Stock analysis
When running Sydbank AS's price analysis, check to measure Sydbank AS'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 Sydbank AS is operating at the current time. Most of Sydbank AS's value examination focuses on studying past and present price action to predict the probability of Sydbank AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sydbank AS's price. Additionally, you may evaluate how the addition of Sydbank AS to your portfolios can decrease your overall portfolio volatility.
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