Bastide Le Stock Forecast - 8 Period Moving Average

BLC Stock  EUR 21.70  0.60  2.84%   
The 8 Period Moving Average forecasted value of Bastide Le Confort on the next trading day is expected to be 20.68 with a mean absolute deviation of 0.58 and the sum of the absolute errors of 30.80. Bastide Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Bastide Le stock prices and determine the direction of Bastide Le Confort's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Bastide Le's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Bastide Le is based on an artificially constructed time series of Bastide Le 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.

Bastide Le 8 Period Moving Average Price Forecast For the 5th of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of Bastide Le Confort on the next trading day is expected to be 20.68 with a mean absolute deviation of 0.58, mean absolute percentage error of 0.52, and the sum of the absolute errors of 30.80.
Please note that although there have been many attempts to predict Bastide 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 Bastide Le's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Bastide Le Stock Forecast Pattern

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Bastide Le Forecasted Value

In the context of forecasting Bastide Le'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. Bastide Le's downside and upside margins for the forecasting period are 18.44 and 22.92, respectively. We have considered Bastide Le'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
21.70
20.68
Expected Value
22.92
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 Bastide Le stock data series using in forecasting. Note that when a statistical model is used to represent Bastide Le 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 Criteria102.7597
BiasArithmetic mean of the errors -0.0572
MADMean absolute deviation0.5812
MAPEMean absolute percentage error0.0299
SAESum of the absolute errors30.8012
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. Bastide Le Confort 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Bastide Le

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bastide Le Confort. 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
18.8621.1023.34
Details
Intrinsic
Valuation
LowRealHigh
17.1119.3521.59
Details
Bollinger
Band Projection (param)
LowMiddleHigh
19.4220.1520.88
Details

Other Forecasting Options for Bastide Le

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

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

Bastide Le Confort 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 Bastide Le'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 Bastide Le's current price.

Bastide Le Market Strength Events

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

Bastide Le Risk Indicators

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

Other Information on Investing in Bastide Stock

Bastide Le financial ratios help investors to determine whether Bastide 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 Bastide with respect to the benefits of owning Bastide Le security.