Atea ASA Stock Forecast - 8 Period Moving Average

MKL Stock  EUR 11.44  0.14  1.21%   
The 8 Period Moving Average forecasted value of Atea ASA on the next trading day is expected to be 11.72 with a mean absolute deviation of 0.45 and the sum of the absolute errors of 23.83. Atea Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Atea ASA stock prices and determine the direction of Atea ASA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Atea ASA's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Atea ASA is based on an artificially constructed time series of Atea ASA daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Atea ASA 8 Period Moving Average Price Forecast For the 24th of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of Atea ASA on the next trading day is expected to be 11.72 with a mean absolute deviation of 0.45, mean absolute percentage error of 0.72, and the sum of the absolute errors of 23.83.
Please note that although there have been many attempts to predict Atea 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 Atea ASA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Atea ASA Stock Forecast Pattern

Backtest Atea ASAAtea ASA Price PredictionBuy or Sell Advice 

Atea ASA Forecasted Value

In the context of forecasting Atea ASA'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. Atea ASA's downside and upside margins for the forecasting period are 6.32 and 17.13, respectively. We have considered Atea ASA'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
11.44
11.72
Expected Value
17.13
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Atea ASA stock data series using in forecasting. Note that when a statistical model is used to represent Atea ASA 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 Criteria103.0769
BiasArithmetic mean of the errors -0.3219
MADMean absolute deviation0.4496
MAPEMean absolute percentage error0.0422
SAESum of the absolute errors23.8312
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. Atea ASA 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Atea ASA

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Atea ASA. 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
6.0711.4416.81
Details
Intrinsic
Valuation
LowRealHigh
3.588.9514.32
Details

Other Forecasting Options for Atea ASA

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

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

Atea ASA 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 Atea ASA'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 Atea ASA's current price.

Atea ASA Market Strength Events

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

Atea ASA Risk Indicators

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

Other Information on Investing in Atea Stock

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