Citigroup 4 Period Moving Average

C -- USA Stock  

Earnings Report: January 13, 2020  

Investors can use this prediction interface to forecast Citigroup historic prices and determine the direction of Citigroup future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of Citigroup historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Citigroup systematic risks associated with finding meaningful patterns of Citigroup fundamentals over time. Check also Historical Fundamental Analysis of Citigroup to cross-verify your projections.
Symbol
Refresh
Horizon     30 Days    Login   to change
A four-period moving average forecast model for Citigroup is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.
Given 30 days horizon, the value of Citigroup on the next trading day is expected to be 70.125

Citigroup Prediction Pattern

Backtest Citigroup | Citigroup Price Prediction | Buy or Sell Advice 

Citigroup Forecasted Value

October 17, 2019
69.54
Market Value
70.12
Expected Value
75.68
Upside

Model Predictive Factors

AICAkaike Information Criteria111.7358
BiasArithmetic mean of the errors 0.0639
MADMean absolute deviation1.2487
MAPEMean absolute percentage error0.0188
SAESum of the absolute errors71.175
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Citigroup. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Citigroup and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Volatility Measures

Citigroup Risk Indicators

Search macroaxis.com