Dollar Tree Stock Forecast - Simple Moving Average
| DT3 Stock | EUR 72.72 3.06 4.39% |
The Simple Moving Average forecasted value of Dollar Tree on the next trading day is expected to be 72.72 with a mean absolute deviation of 1.29 and the sum of the absolute errors of 77.43. Dollar Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Dollar Tree's historical fundamentals, such as revenue growth or operating cash flow patterns.
Dollar |
Dollar Tree Simple Moving Average Price Forecast For the 29th of December
Given 90 days horizon, the Simple Moving Average forecasted value of Dollar Tree on the next trading day is expected to be 72.72 with a mean absolute deviation of 1.29, mean absolute percentage error of 3.13, and the sum of the absolute errors of 77.43.Please note that although there have been many attempts to predict Dollar 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 Dollar Tree's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Dollar Tree Stock Forecast Pattern
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Dollar Tree Forecasted Value
In the context of forecasting Dollar Tree'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. Dollar Tree's downside and upside margins for the forecasting period are 70.14 and 75.30, respectively. We have considered Dollar Tree'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 Dollar Tree stock data series using in forecasting. Note that when a statistical model is used to represent Dollar Tree 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.| AIC | Akaike Information Criteria | 117.4139 |
| Bias | Arithmetic mean of the errors | -0.2684 |
| MAD | Mean absolute deviation | 1.2906 |
| MAPE | Mean absolute percentage error | 0.0203 |
| SAE | Sum of the absolute errors | 77.435 |
Predictive Modules for Dollar Tree
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dollar Tree. 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.Other Forecasting Options for Dollar Tree
For every potential investor in Dollar, whether a beginner or expert, Dollar Tree's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dollar Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dollar. Basic forecasting techniques help filter out the noise by identifying Dollar Tree's price trends.Dollar Tree 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 Dollar Tree stock to make a market-neutral strategy. Peer analysis of Dollar Tree could also be used in its relative valuation, which is a method of valuing Dollar Tree by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Dollar Tree 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 Dollar Tree'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 Dollar Tree's current price.| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
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| Volume Indicators |
Dollar Tree Market Strength Events
Market strength indicators help investors to evaluate how Dollar Tree stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dollar Tree shares will generate the highest return on investment. By undertsting and applying Dollar Tree stock market strength indicators, traders can identify Dollar Tree entry and exit signals to maximize returns.
Dollar Tree Risk Indicators
The analysis of Dollar Tree'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 Dollar Tree's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dollar 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.
| Mean Deviation | 1.88 | |||
| Semi Deviation | 1.89 | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.37 | |||
| Downside Variance | 4.42 | |||
| Semi Variance | 3.56 | |||
| Expected Short fall | (2.09) |
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.
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Additional Information and Resources on Investing in Dollar Stock
When determining whether Dollar Tree is a strong investment it is important to analyze Dollar Tree's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dollar Tree's future performance. For an informed investment choice regarding Dollar Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Dollar Tree to cross-verify your projections. For more detail on how to invest in Dollar Stock please use our How to Invest in Dollar Tree guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.