Fynske Bank Stock Forecast - Simple Moving Average

FYNBK Stock  DKK 164.00  1.00  0.61%   
The Simple Moving Average forecasted value of Fynske Bank AS on the next trading day is expected to be 164.00 with a mean absolute deviation of  1.70  and the sum of the absolute errors of 100.30. Fynske Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fynske Bank stock prices and determine the direction of Fynske Bank AS's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fynske Bank's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Fynske Bank to cross-verify your projections.
  
Most investors in Fynske Bank 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 Fynske Bank's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Fynske Bank's price structures and extracts relationships that further increase the generated results' accuracy.
A two period moving average forecast for Fynske Bank 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.

Fynske Bank Simple Moving Average Price Forecast For the 30th of March

Given 90 days horizon, the Simple Moving Average forecasted value of Fynske Bank AS on the next trading day is expected to be 164.00 with a mean absolute deviation of 1.70, mean absolute percentage error of 5.50, and the sum of the absolute errors of 100.30.
Please note that although there have been many attempts to predict Fynske 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 Fynske Bank's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fynske Bank Stock Forecast Pattern

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Fynske Bank Forecasted Value

In the context of forecasting Fynske Bank'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. Fynske Bank's downside and upside margins for the forecasting period are 162.59 and 165.41, respectively. We have considered Fynske Bank'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
164.00
162.59
Downside
164.00
Expected Value
165.41
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Fynske Bank stock data series using in forecasting. Note that when a statistical model is used to represent Fynske Bank 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 Criteria116.1391
BiasArithmetic mean of the errors -0.3136
MADMean absolute deviation1.7
MAPEMean absolute percentage error0.0108
SAESum of the absolute errors100.3
The simple moving average model is conceptually a linear regression of the current value of Fynske Bank AS price series against current and previous (unobserved) value of Fynske Bank. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Fynske Bank

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fynske Bank 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 Fynske Bank'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
162.59164.00165.41
Details
Intrinsic
Valuation
LowRealHigh
147.60168.64170.05
Details
Bollinger
Band Projection (param)
LowMiddleHigh
148.29155.92163.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fynske Bank. Your research has to be compared to or analyzed against Fynske Bank's peers to derive any actionable benefits. When done correctly, Fynske Bank'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 Fynske Bank AS.

Other Forecasting Options for Fynske Bank

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

Fynske Bank 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 Fynske Bank stock to make a market-neutral strategy. Peer analysis of Fynske Bank could also be used in its relative valuation, which is a method of valuing Fynske Bank by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Fynske Bank 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 Fynske Bank'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 Fynske Bank's current price.

Fynske Bank Market Strength Events

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

Fynske Bank Risk Indicators

The analysis of Fynske Bank'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 Fynske Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fynske 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.

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Check out Historical Fundamental Analysis of Fynske Bank to cross-verify your projections.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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Please note, there is a significant difference between Fynske Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fynske Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fynske Bank'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.