Anghami Warrants Stock Forecast - 8 Period Moving Average

ANGHW Stock  USD 0.04  0.02  89.57%   
The 8 Period Moving Average forecasted value of Anghami Warrants on the next trading day is expected to be 0.04 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.37. Anghami Stock Forecast is based on your current time horizon.
  
At this time, Anghami Warrants' Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to climb to 4.41 in 2024, whereas Fixed Asset Turnover is likely to drop 20.11 in 2024. . Common Stock Shares Outstanding is likely to climb to about 28.5 M in 2024.
An 8-period moving average forecast model for Anghami Warrants is based on an artificially constructed time series of Anghami Warrants 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.

Anghami Warrants 8 Period Moving Average Price Forecast For the 2nd of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of Anghami Warrants on the next trading day is expected to be 0.04 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000074, and the sum of the absolute errors of 0.37.
Please note that although there have been many attempts to predict Anghami 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 Anghami Warrants' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Anghami Warrants Stock Forecast Pattern

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Anghami Warrants Forecasted Value

In the context of forecasting Anghami Warrants' 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. Anghami Warrants' downside and upside margins for the forecasting period are 0.0004 and 173.98, respectively. We have considered Anghami Warrants' 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
0.04
0.0004
Downside
0.04
Expected Value
173.98
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Anghami Warrants stock data series using in forecasting. Note that when a statistical model is used to represent Anghami Warrants 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 Criteria93.8934
BiasArithmetic mean of the errors -0.0016
MADMean absolute deviation0.0071
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors0.3748
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. Anghami Warrants 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Anghami Warrants

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Anghami Warrants. 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
0.000.0452.04
Details
Intrinsic
Valuation
LowRealHigh
0.000.0352.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Anghami Warrants. Your research has to be compared to or analyzed against Anghami Warrants' peers to derive any actionable benefits. When done correctly, Anghami Warrants' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Anghami Warrants.

Other Forecasting Options for Anghami Warrants

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

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

Anghami Warrants 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 Anghami Warrants' 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 Anghami Warrants' current price.

Anghami Warrants Market Strength Events

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

Anghami Warrants Risk Indicators

The analysis of Anghami Warrants' 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 Anghami Warrants' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting anghami 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.

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 Anghami Stock Analysis

When running Anghami Warrants' price analysis, check to measure Anghami Warrants' 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 Anghami Warrants is operating at the current time. Most of Anghami Warrants' value examination focuses on studying past and present price action to predict the probability of Anghami Warrants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anghami Warrants' price. Additionally, you may evaluate how the addition of Anghami Warrants to your portfolios can decrease your overall portfolio volatility.