Citigroup Simple Moving Average

C -- USA Stock  

Earnings Call 

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.
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Horizon     30 Days    Login   to change
A two period moving average forecast for Citigroup is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.
Given 30 days horizon, the value of Citigroup on the next trading day is expected to be 76.72

Citigroup Prediction Pattern

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Citigroup Forecasted Value

Market Value
76.39
December 13, 2019
76.72
Expected Value
80.60
Upside

Model Predictive Factors

AICAkaike Information Criteria114.5231
BiasArithmetic mean of the errors -0.1814
MADMean absolute deviation0.8471
MAPEMean absolute percentage error0.0118
SAESum of the absolute errors49.98
The simple moving average model is conceptually a linear regression of the current value of Citigroup price series against current and previous (unobserved) value of Citigroup. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting stock prices into the future

Volatility Measures

Citigroup Risk Indicators

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