Five Below Stock Forecast - Simple Moving Average
| 6F1 Stock | EUR 100.95 3.15 3.03% |
The Simple Moving Average forecasted value of Five Below on the next trading day is expected to be 100.95 with a mean absolute deviation of 2.37 and the sum of the absolute errors of 139.78. Five Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Five Below's historical fundamentals, such as revenue growth or operating cash flow patterns.
Five |
Five Below Simple Moving Average Price Forecast For the 24th of December
Given 90 days horizon, the Simple Moving Average forecasted value of Five Below on the next trading day is expected to be 100.95 with a mean absolute deviation of 2.37, mean absolute percentage error of 9.90, and the sum of the absolute errors of 139.78.Please note that although there have been many attempts to predict Five 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 Five Below's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Five Below Stock Forecast Pattern
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Five Below Forecasted Value
In the context of forecasting Five Below'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. Five Below's downside and upside margins for the forecasting period are 97.69 and 104.21, respectively. We have considered Five Below'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.
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 Five Below stock data series using in forecasting. Note that when a statistical model is used to represent Five Below 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.| AIC | Akaike Information Criteria | 116.7269 |
| Bias | Arithmetic mean of the errors | -0.5314 |
| MAD | Mean absolute deviation | 2.3691 |
| MAPE | Mean absolute percentage error | 0.0265 |
| SAE | Sum of the absolute errors | 139.775 |
Predictive Modules for Five Below
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Five Below. 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.Other Forecasting Options for Five Below
For every potential investor in Five, whether a beginner or expert, Five Below's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Five Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Five. Basic forecasting techniques help filter out the noise by identifying Five Below's price trends.Five Below 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 Five Below stock to make a market-neutral strategy. Peer analysis of Five Below could also be used in its relative valuation, which is a method of valuing Five Below by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Five Below 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 Five Below'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 Five Below's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Five Below Market Strength Events
Market strength indicators help investors to evaluate how Five Below stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Five Below shares will generate the highest return on investment. By undertsting and applying Five Below stock market strength indicators, traders can identify Five Below entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0386 | |||
| Daily Balance Of Power | (0.78) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 102.98 | |||
| Day Typical Price | 102.3 | |||
| Market Facilitation Index | 4.05 | |||
| Price Action Indicator | (3.60) | |||
| Period Momentum Indicator | (3.15) |
Five Below Risk Indicators
The analysis of Five Below'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 Five Below's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting five 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.
| Mean Deviation | 2.52 | |||
| Semi Deviation | 2.41 | |||
| Standard Deviation | 3.26 | |||
| Variance | 10.6 | |||
| Downside Variance | 6.47 | |||
| Semi Variance | 5.82 | |||
| Expected Short fall | (3.27) |
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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Additional Information and Resources on Investing in Five Stock
When determining whether Five Below is a strong investment it is important to analyze Five Below's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Five Below's future performance. For an informed investment choice regarding Five Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Five Below to cross-verify your projections. For more detail on how to invest in Five Stock please use our How to Invest in Five Below guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.