NVIDIA Stock Forecast - Simple Moving Average

NVDA Stock  USD 134.25  3.09  2.25%   
The Simple Moving Average forecasted value of NVIDIA on the next trading day is expected to be 134.25 with a mean absolute deviation of 3.04 and the sum of the absolute errors of 179.29. NVIDIA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NVIDIA stock prices and determine the direction of NVIDIA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NVIDIA's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, NVIDIA's Inventory Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 6.86, whereas Payables Turnover is forecasted to decline to 5.46. . The current year's Net Income Applicable To Common Shares is expected to grow to about 5.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 24.9 B.
A two period moving average forecast for NVIDIA 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.

NVIDIA Simple Moving Average Price Forecast For the 16th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of NVIDIA on the next trading day is expected to be 134.25 with a mean absolute deviation of 3.04, mean absolute percentage error of 13.56, and the sum of the absolute errors of 179.29.
Please note that although there have been many attempts to predict NVIDIA 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 NVIDIA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

NVIDIA Stock Forecast Pattern

Backtest NVIDIANVIDIA Price PredictionBuy or Sell Advice 

NVIDIA Forecasted Value

In the context of forecasting NVIDIA'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. NVIDIA's downside and upside margins for the forecasting period are 131.91 and 136.59, respectively. We have considered NVIDIA'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
134.25
131.91
Downside
134.25
Expected Value
136.59
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 NVIDIA stock data series using in forecasting. Note that when a statistical model is used to represent NVIDIA 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 Criteria117.0422
BiasArithmetic mean of the errors -0.4598
MADMean absolute deviation3.0388
MAPEMean absolute percentage error0.0223
SAESum of the absolute errors179.29
The simple moving average model is conceptually a linear regression of the current value of NVIDIA price series against current and previous (unobserved) value of NVIDIA. 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 NVIDIA

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NVIDIA. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NVIDIA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
131.86134.20136.54
Details
Intrinsic
Valuation
LowRealHigh
131.44133.78136.12
Details
Bollinger
Band Projection (param)
LowMiddleHigh
131.42139.19146.96
Details
63 Analysts
Consensus
LowTargetHigh
122.16134.24149.01
Details

Other Forecasting Options for NVIDIA

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

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

NVIDIA 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 NVIDIA'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 NVIDIA's current price.

NVIDIA Market Strength Events

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

NVIDIA Risk Indicators

The analysis of NVIDIA'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 NVIDIA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nvidia 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 NVIDIA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NVIDIA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nvidia Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nvidia Stock:
Is Semiconductors & Semiconductor Equipment 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 NVIDIA. If investors know NVIDIA 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 NVIDIA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.68
Earnings Share
2.54
Revenue Per Share
3.91
Quarterly Revenue Growth
1.224
Return On Assets
0.5526
The market value of NVIDIA is measured differently than its book value, which is the value of NVIDIA that is recorded on the company's balance sheet. Investors also form their own opinion of NVIDIA's value that differs from its market value or its book value, called intrinsic value, which is NVIDIA's 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 NVIDIA's market value can be influenced by many factors that don't directly affect NVIDIA's 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 NVIDIA's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVIDIA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVIDIA's 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.