Affiliated Managers Stock Forecast - 20 Period Moving Average

MGRD Stock  USD 16.20  0.09  0.55%   
The 20 Period Moving Average forecasted value of Affiliated Managers Group, on the next trading day is expected to be 16.79 with a mean absolute deviation of 0.34 and the sum of the absolute errors of 13.96. Affiliated Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Affiliated Managers stock prices and determine the direction of Affiliated Managers Group,'s future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Affiliated Managers' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Affiliated Managers' Payables Turnover is projected to increase significantly based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.37, whereas Receivables Turnover is forecasted to decline to 4.60. . The current year's Common Stock Shares Outstanding is expected to grow to about 48.6 M, whereas Net Income Applicable To Common Shares is forecasted to decline to about 119.8 M.
A commonly used 20-period moving average forecast model for Affiliated Managers Group, is based on a synthetically constructed Affiliated Managersdaily 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.

Affiliated Managers 20 Period Moving Average Price Forecast For the 26th of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of Affiliated Managers Group, on the next trading day is expected to be 16.79 with a mean absolute deviation of 0.34, mean absolute percentage error of 0.17, and the sum of the absolute errors of 13.96.
Please note that although there have been many attempts to predict Affiliated 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 Affiliated Managers' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Affiliated Managers Stock Forecast Pattern

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Affiliated Managers Forecasted Value

In the context of forecasting Affiliated Managers' 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. Affiliated Managers' downside and upside margins for the forecasting period are 15.90 and 17.68, respectively. We have considered Affiliated Managers' 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
16.20
16.79
Expected Value
17.68
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 Affiliated Managers stock data series using in forecasting. Note that when a statistical model is used to represent Affiliated Managers 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 Criteria79.579
BiasArithmetic mean of the errors 0.3352
MADMean absolute deviation0.3404
MAPEMean absolute percentage error0.0202
SAESum of the absolute errors13.958
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. Affiliated Managers 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Affiliated Managers

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Affiliated Managers. 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
15.3016.1917.08
Details
Intrinsic
Valuation
LowRealHigh
15.8316.7217.61
Details

Other Forecasting Options for Affiliated Managers

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

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

Affiliated Managers 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 Affiliated Managers' 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 Affiliated Managers' current price.

Affiliated Managers Market Strength Events

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

Affiliated Managers Risk Indicators

The analysis of Affiliated Managers' 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 Affiliated Managers' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting affiliated 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.
When determining whether Affiliated Managers is a strong investment it is important to analyze Affiliated Managers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Affiliated Managers' future performance. For an informed investment choice regarding Affiliated Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Affiliated Managers to cross-verify your projections.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Trading 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 Affiliated Managers. If investors know Affiliated 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 Affiliated Managers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Affiliated Managers is measured differently than its book value, which is the value of Affiliated that is recorded on the company's balance sheet. Investors also form their own opinion of Affiliated Managers' value that differs from its market value or its book value, called intrinsic value, which is Affiliated Managers' 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 Affiliated Managers' market value can be influenced by many factors that don't directly affect Affiliated Managers' 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 Affiliated Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affiliated Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affiliated Managers' 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.