NSL Foods Stock Forecast - Simple Moving Average

NSL Stock   30.50  0.50  1.67%   
The Simple Moving Average forecasted value of NSL Foods Public on the next trading day is expected to be 30.50 with a mean absolute deviation of 0.61 and the sum of the absolute errors of 36.88. NSL Stock Forecast is based on your current time horizon.
  
A two period moving average forecast for NSL Foods 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.

NSL Foods Simple Moving Average Price Forecast For the 15th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of NSL Foods Public on the next trading day is expected to be 30.50 with a mean absolute deviation of 0.61, mean absolute percentage error of 0.67, and the sum of the absolute errors of 36.88.
Please note that although there have been many attempts to predict NSL 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 NSL Foods' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

NSL Foods Stock Forecast Pattern

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NSL Foods Forecasted Value

In the context of forecasting NSL Foods' 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. NSL Foods' downside and upside margins for the forecasting period are 28.28 and 32.72, respectively. We have considered NSL Foods' 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
30.50
30.50
Expected Value
32.72
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 NSL Foods stock data series using in forecasting. Note that when a statistical model is used to represent NSL Foods 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 Criteria115.8691
BiasArithmetic mean of the errors 0.0729
MADMean absolute deviation0.6146
MAPEMean absolute percentage error0.0184
SAESum of the absolute errors36.875
The simple moving average model is conceptually a linear regression of the current value of NSL Foods Public price series against current and previous (unobserved) value of NSL Foods. 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 NSL Foods

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NSL Foods Public. 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
28.2830.5032.72
Details
Intrinsic
Valuation
LowRealHigh
24.6126.8333.55
Details
Bollinger
Band Projection (param)
LowMiddleHigh
30.1431.9833.82
Details

Other Forecasting Options for NSL Foods

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

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

NSL Foods Public 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 NSL Foods' 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 NSL Foods' current price.

NSL Foods Market Strength Events

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

NSL Foods Risk Indicators

The analysis of NSL Foods' 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 NSL Foods' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nsl 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.

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Other Information on Investing in NSL Stock

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