Is Gayrimenkul Stock Forecast - Naive Prediction

ISGYO Stock  TRY 19.96  0.03  0.15%   
The Naive Prediction forecasted value of Is Gayrimenkul Yatirim on the next trading day is expected to be 19.67 with a mean absolute deviation of 0.33 and the sum of the absolute errors of 20.37. ISGYO Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Is Gayrimenkul's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Is Gayrimenkul is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Is Gayrimenkul Yatirim value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Is Gayrimenkul Naive Prediction Price Forecast For the 15th of December 2024

Given 90 days horizon, the Naive Prediction forecasted value of Is Gayrimenkul Yatirim on the next trading day is expected to be 19.67 with a mean absolute deviation of 0.33, mean absolute percentage error of 0.17, and the sum of the absolute errors of 20.37.
Please note that although there have been many attempts to predict ISGYO 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 Is Gayrimenkul's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Is Gayrimenkul Stock Forecast Pattern

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Is Gayrimenkul Forecasted Value

In the context of forecasting Is Gayrimenkul'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. Is Gayrimenkul's downside and upside margins for the forecasting period are 17.20 and 22.13, respectively. We have considered Is Gayrimenkul'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
19.96
19.67
Expected Value
22.13
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Is Gayrimenkul stock data series using in forecasting. Note that when a statistical model is used to represent Is Gayrimenkul 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 Criteria116.3196
BiasArithmetic mean of the errors None
MADMean absolute deviation0.334
MAPEMean absolute percentage error0.0189
SAESum of the absolute errors20.3715
This model is not at all useful as a medium-long range forecasting tool of Is Gayrimenkul Yatirim. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Is Gayrimenkul. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Is Gayrimenkul

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Is Gayrimenkul Yatirim. 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
17.5019.9622.42
Details
Intrinsic
Valuation
LowRealHigh
19.3621.8224.28
Details

Other Forecasting Options for Is Gayrimenkul

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

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

Is Gayrimenkul Yatirim 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 Is Gayrimenkul'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 Is Gayrimenkul's current price.

Is Gayrimenkul Market Strength Events

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

Is Gayrimenkul Risk Indicators

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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in ISGYO Stock

Is Gayrimenkul financial ratios help investors to determine whether ISGYO 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 ISGYO with respect to the benefits of owning Is Gayrimenkul security.