INTER CARS Stock Forecast - 20 Period Moving Average

7FZ Stock   112.00  3.20  2.78%   
The 20 Period Moving Average forecasted value of INTER CARS SA on the next trading day is expected to be 109.69 with a mean absolute deviation of 2.77 and the sum of the absolute errors of 113.70. INTER Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of INTER CARS's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A commonly used 20-period moving average forecast model for INTER CARS SA is based on a synthetically constructed INTER CARSdaily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

INTER CARS 20 Period Moving Average Price Forecast For the 3rd of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of INTER CARS SA on the next trading day is expected to be 109.69 with a mean absolute deviation of 2.77, mean absolute percentage error of 14.23, and the sum of the absolute errors of 113.70.
Please note that although there have been many attempts to predict INTER 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 INTER CARS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

INTER CARS Stock Forecast Pattern

Backtest INTER CARSINTER CARS Price PredictionBuy or Sell Advice 

INTER CARS Forecasted Value

In the context of forecasting INTER CARS'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. INTER CARS's downside and upside margins for the forecasting period are 107.79 and 111.59, respectively. We have considered INTER CARS'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
112.00
107.79
Downside
109.69
Expected Value
111.59
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of INTER CARS stock data series using in forecasting. Note that when a statistical model is used to represent INTER CARS 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 Criteria84.0085
BiasArithmetic mean of the errors 1.318
MADMean absolute deviation2.7732
MAPEMean absolute percentage error0.0254
SAESum of the absolute errors113.7
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. INTER CARS SA 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for INTER CARS

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as INTER CARS SA. 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.
Hype
Prediction
LowEstimatedHigh
110.10112.00113.90
Details
Intrinsic
Valuation
LowRealHigh
110.25112.15114.05
Details
Bollinger
Band Projection (param)
LowMiddleHigh
103.62108.94114.26
Details

Other Forecasting Options for INTER CARS

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

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

INTER CARS SA 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 INTER CARS'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 INTER CARS's current price.

INTER CARS Market Strength Events

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

INTER CARS Risk Indicators

The analysis of INTER CARS'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 INTER CARS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting inter 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.

Currently Active Assets on Macroaxis

Other Information on Investing in INTER Stock

INTER CARS financial ratios help investors to determine whether INTER Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in INTER with respect to the benefits of owning INTER CARS security.