Alfa Laval Pink Sheet Forecast - Simple Moving Average
| ALFVY Stock | USD 43.85 0.14 0.32% |
The Simple Moving Average forecasted value of Alfa Laval AB on the next trading day is expected to be 43.85 with a mean absolute deviation of 0.53 and the sum of the absolute errors of 31.67. Alfa Pink Sheet Forecast is based on your current time horizon.
Alfa |
Alfa Laval Simple Moving Average Price Forecast For the 13th of December 2024
Given 90 days horizon, the Simple Moving Average forecasted value of Alfa Laval AB on the next trading day is expected to be 43.85 with a mean absolute deviation of 0.53, mean absolute percentage error of 0.41, and the sum of the absolute errors of 31.67.Please note that although there have been many attempts to predict Alfa Pink Sheet 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 Alfa Laval's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Alfa Laval Pink Sheet Forecast Pattern
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Alfa Laval Forecasted Value
In the context of forecasting Alfa Laval's Pink Sheet 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. Alfa Laval's downside and upside margins for the forecasting period are 42.49 and 45.21, respectively. We have considered Alfa Laval'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 Alfa Laval pink sheet data series using in forecasting. Note that when a statistical model is used to represent Alfa Laval pink sheet, 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 | 115.3855 |
| Bias | Arithmetic mean of the errors | 0.0434 |
| MAD | Mean absolute deviation | 0.5279 |
| MAPE | Mean absolute percentage error | 0.0118 |
| SAE | Sum of the absolute errors | 31.675 |
Predictive Modules for Alfa Laval
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alfa Laval AB. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Alfa Laval'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.
Other Forecasting Options for Alfa Laval
For every potential investor in Alfa, whether a beginner or expert, Alfa Laval's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Alfa Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Alfa. Basic forecasting techniques help filter out the noise by identifying Alfa Laval's price trends.Alfa Laval 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 Alfa Laval pink sheet to make a market-neutral strategy. Peer analysis of Alfa Laval could also be used in its relative valuation, which is a method of valuing Alfa Laval by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Alfa Laval AB Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Alfa Laval'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 Alfa Laval's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Alfa Laval Market Strength Events
Market strength indicators help investors to evaluate how Alfa Laval pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alfa Laval shares will generate the highest return on investment. By undertsting and applying Alfa Laval pink sheet market strength indicators, traders can identify Alfa Laval AB entry and exit signals to maximize returns.
Alfa Laval Risk Indicators
The analysis of Alfa Laval'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 Alfa Laval's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alfa pink sheet 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 | 1.12 | |||
| Semi Deviation | 1.21 | |||
| Standard Deviation | 1.43 | |||
| Variance | 2.06 | |||
| Downside Variance | 1.68 | |||
| Semi Variance | 1.47 | |||
| Expected Short fall | (1.34) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Alfa Pink Sheet Analysis
When running Alfa Laval's price analysis, check to measure Alfa Laval's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alfa Laval is operating at the current time. Most of Alfa Laval's value examination focuses on studying past and present price action to predict the probability of Alfa Laval's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alfa Laval's price. Additionally, you may evaluate how the addition of Alfa Laval to your portfolios can decrease your overall portfolio volatility.