Hufvudstaden Stock Forecast - Simple Moving Average

HUFV-A Stock  SEK 125.30  1.30  1.05%   
The Simple Moving Average forecasted value of Hufvudstaden AB on the next trading day is expected to be 124.65 with a mean absolute deviation of 1.40 and the sum of the absolute errors of 82.50. Hufvudstaden Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hufvudstaden stock prices and determine the direction of Hufvudstaden AB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hufvudstaden's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A two period moving average forecast for Hufvudstaden 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.

Hufvudstaden Simple Moving Average Price Forecast For the 5th of December

Given 90 days horizon, the Simple Moving Average forecasted value of Hufvudstaden AB on the next trading day is expected to be 124.65 with a mean absolute deviation of 1.40, mean absolute percentage error of 2.81, and the sum of the absolute errors of 82.50.
Please note that although there have been many attempts to predict Hufvudstaden 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 Hufvudstaden's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Hufvudstaden Stock Forecast Pattern

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Hufvudstaden Forecasted Value

In the context of forecasting Hufvudstaden'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. Hufvudstaden's downside and upside margins for the forecasting period are 123.53 and 125.77, respectively. We have considered Hufvudstaden'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
125.30
123.53
Downside
124.65
Expected Value
125.77
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 Hufvudstaden stock data series using in forecasting. Note that when a statistical model is used to represent Hufvudstaden 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 Criteria115.4691
BiasArithmetic mean of the errors 0.2847
MADMean absolute deviation1.3983
MAPEMean absolute percentage error0.0107
SAESum of the absolute errors82.5
The simple moving average model is conceptually a linear regression of the current value of Hufvudstaden AB price series against current and previous (unobserved) value of Hufvudstaden. 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 Hufvudstaden

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hufvudstaden AB. 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
124.18125.30126.42
Details
Intrinsic
Valuation
LowRealHigh
100.37101.49137.83
Details
Bollinger
Band Projection (param)
LowMiddleHigh
123.54124.76125.98
Details

Other Forecasting Options for Hufvudstaden

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

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

Hufvudstaden AB 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 Hufvudstaden'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 Hufvudstaden's current price.

Hufvudstaden Market Strength Events

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

Hufvudstaden Risk Indicators

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

Thematic Opportunities

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Other Information on Investing in Hufvudstaden Stock

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