AgileThought Stock Forecast - Naive Prediction

AGILDelisted Stock  USD 1.03  0.27  35.53%   
The Naive Prediction forecasted value of AgileThought on the next trading day is expected to be 1.08 with a mean absolute deviation of 0.07 and the sum of the absolute errors of 4.12. AgileThought Stock Forecast is based on your current time horizon.
  
A naive forecasting model for AgileThought is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of AgileThought value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

AgileThought Naive Prediction Price Forecast For the 1st of December

Given 90 days horizon, the Naive Prediction forecasted value of AgileThought on the next trading day is expected to be 1.08 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.12.
Please note that although there have been many attempts to predict AgileThought 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 AgileThought's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

AgileThought Stock Forecast Pattern

Backtest AgileThoughtAgileThought Price PredictionBuy or Sell Advice 

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of AgileThought stock data series using in forecasting. Note that when a statistical model is used to represent AgileThought 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 Criteria113.2775
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0676
MAPEMean absolute percentage error0.0758
SAESum of the absolute errors4.1229
This model is not at all useful as a medium-long range forecasting tool of AgileThought. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict AgileThought. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for AgileThought

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as AgileThought. 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
1.031.031.03
Details
Intrinsic
Valuation
LowRealHigh
0.910.911.13
Details

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

AgileThought Market Strength Events

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

AgileThought Risk Indicators

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Other Consideration for investing in AgileThought Stock

If you are still planning to invest in AgileThought check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the AgileThought's history and understand the potential risks before investing.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device