Electronics Mart Stock Forecast - Simple Moving Average

EMIL Stock   177.44  0.13  0.07%   
The Simple Moving Average forecasted value of Electronics Mart India on the next trading day is expected to be 177.44 with a mean absolute deviation of 4.29 and the sum of the absolute errors of 257.44. Electronics Stock Forecast is based on your current time horizon.
  
At this time, Electronics Mart's Other Current Liabilities is comparatively stable compared to the past year. Current Deferred Revenue is likely to gain to about 397.4 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 12.2 B in 2024.
A two period moving average forecast for Electronics Mart is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Electronics Mart Simple Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of Electronics Mart India on the next trading day is expected to be 177.44 with a mean absolute deviation of 4.29, mean absolute percentage error of 33.23, and the sum of the absolute errors of 257.44.
Please note that although there have been many attempts to predict Electronics 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 Electronics Mart's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Electronics Mart Stock Forecast Pattern

Backtest Electronics MartElectronics Mart Price PredictionBuy or Sell Advice 

Electronics Mart Forecasted Value

In the context of forecasting Electronics Mart'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. Electronics Mart's downside and upside margins for the forecasting period are 174.71 and 180.17, respectively. We have considered Electronics Mart'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
177.44
174.71
Downside
177.44
Expected Value
180.17
Upside

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 Electronics Mart stock data series using in forecasting. Note that when a statistical model is used to represent Electronics Mart 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 Criteria119.7761
BiasArithmetic mean of the errors 0.934
MADMean absolute deviation4.2907
MAPEMean absolute percentage error0.0228
SAESum of the absolute errors257.44
The simple moving average model is conceptually a linear regression of the current value of Electronics Mart India price series against current and previous (unobserved) value of Electronics Mart. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

Predictive Modules for Electronics Mart

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Electronics Mart India. 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
174.73177.44180.15
Details
Intrinsic
Valuation
LowRealHigh
159.70191.23193.94
Details
Bollinger
Band Projection (param)
LowMiddleHigh
158.74176.21193.68
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.302.302.30
Details

Other Forecasting Options for Electronics Mart

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

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

Electronics Mart India 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 Electronics Mart'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 Electronics Mart's current price.

Electronics Mart Market Strength Events

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

Electronics Mart Risk Indicators

The analysis of Electronics Mart'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 Electronics Mart's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting electronics 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 Electronics Stock Analysis

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