FlyExclusive, Stock Forecast - 20 Period Moving Average

FLYX Stock   2.20  0.05  2.22%   
The 20 Period Moving Average forecasted value of flyExclusive, on the next trading day is expected to be 2.19 with a mean absolute deviation of 0.24 and the sum of the absolute errors of 9.83. FlyExclusive, Stock Forecast is based on your current time horizon.
  
At this time, FlyExclusive,'s Inventory Turnover is fairly stable compared to the past year. Fixed Asset Turnover is likely to rise to 1.09 in 2024, whereas Payables Turnover is likely to drop 8.34 in 2024. . Common Stock Shares Outstanding is likely to rise to about 18 M in 2024.
A commonly used 20-period moving average forecast model for flyExclusive, is based on a synthetically constructed FlyExclusive,daily price series in which the value for a trading day is replaced by the mean of that value and the values for 20 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

FlyExclusive, 20 Period Moving Average Price Forecast For the 2nd of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of flyExclusive, on the next trading day is expected to be 2.19 with a mean absolute deviation of 0.24, mean absolute percentage error of 0.1, and the sum of the absolute errors of 9.83.
Please note that although there have been many attempts to predict FlyExclusive, 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 FlyExclusive,'s next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

FlyExclusive, Stock Forecast Pattern

Backtest FlyExclusive,FlyExclusive, Price PredictionBuy or Sell Advice 

FlyExclusive, Forecasted Value

In the context of forecasting FlyExclusive,'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. FlyExclusive,'s downside and upside margins for the forecasting period are 0.02 and 8.08, respectively. We have considered FlyExclusive,'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
2.20
2.19
Expected Value
8.08
Upside

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 FlyExclusive, stock data series using in forecasting. Note that when a statistical model is used to represent FlyExclusive, 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 Criteria79.0201
BiasArithmetic mean of the errors 0.2284
MADMean absolute deviation0.2399
MAPEMean absolute percentage error0.1005
SAESum of the absolute errors9.834
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. flyExclusive, 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for FlyExclusive,

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as flyExclusive,. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FlyExclusive,'s price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.112.238.12
Details
Intrinsic
Valuation
LowRealHigh
0.193.889.77
Details
1 Analysts
Consensus
LowTargetHigh
8.199.009.99
Details

Other Forecasting Options for FlyExclusive,

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

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

flyExclusive, 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 FlyExclusive,'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 FlyExclusive,'s current price.

FlyExclusive, Market Strength Events

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

FlyExclusive, Risk Indicators

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

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