Tilak Ventures Stock Forecast - Naive Prediction

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TILAK -- India Stock  

INR 2.03  0.00  0.00%

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

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A naive forecasting model for Tilak Ventures is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Tilak Ventures Limited 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.

Tilak Ventures Naive Prediction Price Forecast For the 4th of July

Given 30 days horizon, the forecasted value of Tilak Ventures Limited on the next trading day is expected to be  2.14  with a mean absolute deviation of  0.07 , mean absolute percentage error of  0.006753 , and the sum of the absolute errors of  4.12 
 2.14 

Tilak Ventures Stock Forecast Pattern

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Tilak Ventures Forecasted Value

Market Value
2.03
3rd of July 2020
0.0203
Downside
2.14
Expected Value
4.54
Upside

Model Predictive Factors

AICAkaike Information Criteria113.1127
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0675
MAPEMean absolute percentage error0.0437
SAESum of the absolute errors4.1157
This model is not at all useful as a medium-long range forecasting tool of Tilak Ventures Limited. 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 Tilak Ventures. 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 Tilak Ventures

There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Tilak Ventures. 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
0.102.034.44
Details
Intrinsic
Valuation
LowReal ValueHigh
0.112.134.54
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.901.982.07
Details

Other Forecasting Options for Tilak Ventures

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Tilak Ventures Technical and Predictive Analytics

Volatility Measures

Tilak Ventures Risk Indicators

Current Sentiment - TILAK

Tilak Ventures Investor Sentiment

Macroaxis portfolio users are evenly split in their outlook on investing in Tilak Ventures Limited. What is your outlook on investing in Tilak Ventures Limited? Are you bullish or bearish?
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Additionally, take a look at Historical Fundamental Analysis of Tilak Ventures to cross-verify your projections. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.
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