General Mills 8 Period Moving Average

GIS -- USA Stock  

Fiscal Quarter End: November 30, 2019  

Investors can use this prediction interface to forecast General Mills historic prices and determine the direction of General Mills 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 General Mills 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 General Mills systematic risks associated with finding meaningful patterns of General Mills fundamentals over time. Please also check Historical Fundamental Analysis of General Mills to cross-verify your projections.
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Horizon     30 Days    Login   to change
An 8-period moving average forecast model for General Mills is based on an artificially constructed time series of General Mills 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.
Given 30 days horizon, the value of General Mills on the next trading day is expected to be 53.81625

General Mills Prediction Pattern

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General Mills Forecasted Value

October 17, 2019
52.99
Market Value
53.82
Expected Value
57.25
Upside

Model Predictive Factors

AICAkaike Information Criteria102.9315
BiasArithmetic mean of the errors 0.0068
MADMean absolute deviation0.5977
MAPEMean absolute percentage error0.0111
SAESum of the absolute errors31.6787
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. General Mills 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Volatility Measures

General Mills Risk Indicators

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