Oracle Stock Forecast - 8 Period Moving Average

An 8-period moving average forecast model for Oracle is based on an artificially constructed time series of Oracle 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.

Oracle 8 Period Moving Average Price Forecast For the 28th of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of Oracle on the next trading day is expected to be 175.31 with a mean absolute deviation of 4.64, mean absolute percentage error of 36.03, and the sum of the absolute errors of 250.41.

Oracle Stock Forecast Pattern

Backtest Oracle

Oracle Price Prediction

Buy or Sell Advice

Oracle Forecasted Value

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 Oracle stock data series using in forecasting. Note that when a statistical model is used to represent Oracle 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. 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. Oracle 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Oracle

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oracle. 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 Low Estimated High 173.73 176.13 178.53 Details

Intrinsic Valuation Low Real High 152.96 155.36 193.74 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Oracle. Your research has to be compared to or analyzed against Oracle's peers to derive any actionable benefits. When done correctly, Oracle's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Oracle.

Other Forecasting Options for Oracle

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

Oracle Related Equities

Risk & Return

Correlation

Oracle 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 Oracle'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 Oracle's current price.

Oracle Market Strength Events

Oracle Risk Indicators

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.

Additional Information and Resources on Investing in Oracle Stock

When determining whether Oracle is a strong investment it is important to analyze Oracle's 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 Oracle's future performance. For an informed investment choice regarding Oracle Stock, refer to the following important reports:

How To Invest In Oracle Details

Is Oracle Stock a good investment? Details

What is Oracle's Net Worth? Details

Largest Systems Software Companies View

Largest Software - Infrastructure Companies View

Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between Oracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oracle'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.