Box Stock Forecast - 8 Period Moving Average

BOX Stock  USD 26.47  0.22  0.84%   
The 8 Period Moving Average forecasted value of Box Inc on the next trading day is expected to be 26.67 with a mean absolute deviation of  0.83  and the sum of the absolute errors of 44.18. Box Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Box stock prices and determine the direction of Box Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Box's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Box to cross-verify your projections.
  
Most investors in Box 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 Box's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Box's price structures and extracts relationships that further increase the generated results' accuracy.
An 8-period moving average forecast model for Box is based on an artificially constructed time series of Box 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.

Box 8 Period Moving Average Price Forecast For the 20th of April

Given 90 days horizon, the 8 Period Moving Average forecasted value of Box Inc on the next trading day is expected to be 26.67 with a mean absolute deviation of 0.83, mean absolute percentage error of 1.22, and the sum of the absolute errors of 44.18.
Please note that although there have been many attempts to predict Box 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 Box's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Box Stock Forecast Pattern

Backtest BoxBox Price PredictionBuy or Sell Advice 

Box Forecasted Value

In the context of forecasting Box'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. Box's downside and upside margins for the forecasting period are 24.90 and 28.44, respectively. We have considered Box'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.
Market Value
26.47
26.67
Expected Value
28.44
Upside

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 Box stock data series using in forecasting. Note that when a statistical model is used to represent Box 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.
AICAkaike Information Criteria103.6064
BiasArithmetic mean of the errors -0.0115
MADMean absolute deviation0.8336
MAPEMean absolute percentage error0.0301
SAESum of the absolute errors44.1788
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. Box Inc 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Box

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Box Inc. 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 Box'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.
Hype
Prediction
LowEstimatedHigh
24.4826.2528.02
Details
Intrinsic
Valuation
LowRealHigh
23.6329.1830.95
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Box. Your research has to be compared to or analyzed against Box's peers to derive any actionable benefits. When done correctly, Box's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Box Inc.

Other Forecasting Options for Box

For every potential investor in Box, whether a beginner or expert, Box's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Box Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Box. Basic forecasting techniques help filter out the noise by identifying Box's price trends.

View Box Related Equities

 Risk & Return  Correlation

Box Inc 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 Box'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 Box's current price.

Box Market Strength Events

Market strength indicators help investors to evaluate how Box stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Box shares will generate the highest return on investment. By undertsting and applying Box stock market strength indicators, traders can identify Box Inc entry and exit signals to maximize returns.

Box Risk Indicators

The analysis of Box'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 Box's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting box 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.
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Box in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Box's short interest history, or implied volatility extrapolated from Box options trading.

Pair Trading with Box

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Box position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Box will appreciate offsetting losses from the drop in the long position's value.

Moving against Box Stock

  0.55EVTC Evertec Earnings Call This WeekPairCorr
  0.53ZS Zscaler Financial Report 6th of June 2024 PairCorr
  0.43EVCM EverCommerce Financial Report 14th of May 2024 PairCorr
The ability to find closely correlated positions to Box could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Box when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Box - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Box Inc to buy it.
The correlation of Box is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Box moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Box Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Box can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Box Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Box's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Box Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Box Inc Stock:
Check out Historical Fundamental Analysis of Box to cross-verify your projections.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Box Stock analysis

When running Box's price analysis, check to measure Box'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 Box is operating at the current time. Most of Box's value examination focuses on studying past and present price action to predict the probability of Box's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Box's price. Additionally, you may evaluate how the addition of Box to your portfolios can decrease your overall portfolio volatility.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Is Box's industry 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 Box. If investors know Box 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 Box listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Box Inc is measured differently than its book value, which is the value of Box that is recorded on the company's balance sheet. Investors also form their own opinion of Box's value that differs from its market value or its book value, called intrinsic value, which is Box'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 Box's market value can be influenced by many factors that don't directly affect Box'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 Box's value and its price as these two are different measures arrived at by different means. Investors typically determine if Box is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Box'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.