Koninklijke Philips Stock Forecast - 20 Period Moving Average

PHIA Stock  EUR 25.08  0.03  0.12%   
The 20 Period Moving Average forecasted value of Koninklijke Philips NV on the next trading day is expected to be 25.13 with a mean absolute deviation of 1.57 and the sum of the absolute errors of 64.39. Koninklijke Stock Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Koninklijke Philips NV is based on a synthetically constructed Koninklijke Philipsdaily 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.

Koninklijke Philips 20 Period Moving Average Price Forecast For the 5th of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of Koninklijke Philips NV on the next trading day is expected to be 25.13 with a mean absolute deviation of 1.57, mean absolute percentage error of 4.39, and the sum of the absolute errors of 64.39.
Please note that although there have been many attempts to predict Koninklijke 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 Koninklijke Philips' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Koninklijke Philips Stock Forecast Pattern

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Koninklijke Philips Forecasted Value

In the context of forecasting Koninklijke Philips' 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. Koninklijke Philips' downside and upside margins for the forecasting period are 22.64 and 27.61, respectively. We have considered Koninklijke Philips' 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
25.08
25.13
Expected Value
27.61
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 Koninklijke Philips stock data series using in forecasting. Note that when a statistical model is used to represent Koninklijke Philips 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 Criteria82.8334
BiasArithmetic mean of the errors 0.8824
MADMean absolute deviation1.5704
MAPEMean absolute percentage error0.0621
SAESum of the absolute errors64.388
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. Koninklijke Philips 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Koninklijke Philips

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Koninklijke Philips. 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
22.6225.1127.60
Details
Intrinsic
Valuation
LowRealHigh
23.5526.0428.53
Details
Bollinger
Band Projection (param)
LowMiddleHigh
24.8925.3825.87
Details

Other Forecasting Options for Koninklijke Philips

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

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

Koninklijke Philips 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 Koninklijke Philips' 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 Koninklijke Philips' current price.

Koninklijke Philips Market Strength Events

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

Koninklijke Philips Risk Indicators

The analysis of Koninklijke Philips' 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 Koninklijke Philips' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting koninklijke 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.

Thematic Opportunities

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Additional Tools for Koninklijke Stock Analysis

When running Koninklijke Philips' price analysis, check to measure Koninklijke Philips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Koninklijke Philips is operating at the current time. Most of Koninklijke Philips' value examination focuses on studying past and present price action to predict the probability of Koninklijke Philips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koninklijke Philips' price. Additionally, you may evaluate how the addition of Koninklijke Philips to your portfolios can decrease your overall portfolio volatility.