Eagle Pointome Stock Forecast - 20 Period Moving Average
| EIC Stock | USD 15.51 0.07 0.45% |
The 20 Period Moving Average forecasted value of Eagle Pointome on the next trading day is expected to be 15.52 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 7.13. Eagle Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Eagle Pointome stock prices and determine the direction of Eagle Pointome's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Eagle Pointome's historical fundamentals, such as revenue growth or operating cash flow patterns.
Eagle |
Eagle Pointome 20 Period Moving Average Price Forecast For the 14th of December 2024
Given 90 days horizon, the 20 Period Moving Average forecasted value of Eagle Pointome on the next trading day is expected to be 15.52 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.05, and the sum of the absolute errors of 7.13.Please note that although there have been many attempts to predict Eagle 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 Eagle Pointome's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Eagle Pointome Stock Forecast Pattern
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Eagle Pointome Forecasted Value
In the context of forecasting Eagle Pointome'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. Eagle Pointome's downside and upside margins for the forecasting period are 14.65 and 16.39, respectively. We have considered Eagle Pointome'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 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Eagle Pointome stock data series using in forecasting. Note that when a statistical model is used to represent Eagle Pointome 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 | 80.2176 |
| Bias | Arithmetic mean of the errors | 0.0237 |
| MAD | Mean absolute deviation | 0.1697 |
| MAPE | Mean absolute percentage error | 0.0108 |
| SAE | Sum of the absolute errors | 7.127 |
Predictive Modules for Eagle Pointome
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eagle Pointome. 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 Eagle Pointome
For every potential investor in Eagle, whether a beginner or expert, Eagle Pointome's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eagle Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eagle. Basic forecasting techniques help filter out the noise by identifying Eagle Pointome's price trends.Eagle Pointome 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 Eagle Pointome stock to make a market-neutral strategy. Peer analysis of Eagle Pointome could also be used in its relative valuation, which is a method of valuing Eagle Pointome by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Eagle Pointome 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 Eagle Pointome'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 Eagle Pointome's current price.| Cycle Indicators | ||
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| Volume Indicators |
Eagle Pointome Market Strength Events
Market strength indicators help investors to evaluate how Eagle Pointome stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eagle Pointome shares will generate the highest return on investment. By undertsting and applying Eagle Pointome stock market strength indicators, traders can identify Eagle Pointome entry and exit signals to maximize returns.
| Accumulation Distribution | 1238.39 | |||
| Daily Balance Of Power | (0.58) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 15.53 | |||
| Day Typical Price | 15.52 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.07) |
Eagle Pointome Risk Indicators
The analysis of Eagle Pointome'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 Eagle Pointome's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eagle 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 | 0.6384 | |||
| Semi Deviation | 0.822 | |||
| Standard Deviation | 0.8549 | |||
| Variance | 0.7309 | |||
| Downside Variance | 0.8966 | |||
| Semi Variance | 0.6757 | |||
| Expected Short fall | (0.69) |
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.When determining whether Eagle Pointome offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eagle Pointome's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eagle Pointome Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eagle Pointome Stock:Check out Historical Fundamental Analysis of Eagle Pointome to cross-verify your projections. For information on how to trade Eagle Stock refer to our How to Trade Eagle Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eagle Pointome. If investors know Eagle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eagle Pointome listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.601 | Earnings Share 4.2 | Revenue Per Share 2.259 | Quarterly Revenue Growth 0.896 | Return On Assets 0.0668 |
The market value of Eagle Pointome is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Pointome's value that differs from its market value or its book value, called intrinsic value, which is Eagle Pointome's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eagle Pointome's market value can be influenced by many factors that don't directly affect Eagle Pointome's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eagle Pointome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Pointome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle Pointome's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.