PNC Infratech Stock Forecast - 8 Period Moving Average

PNCINFRA   308.10  1.15  0.37%   
The 8 Period Moving Average forecasted value of PNC Infratech Limited on the next trading day is expected to be 317.23 with a mean absolute deviation of 20.77 and the sum of the absolute errors of 1,122. PNC Stock Forecast is based on your current time horizon. Although PNC Infratech's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of PNC Infratech's systematic risk associated with finding meaningful patterns of PNC Infratech fundamentals over time.
  
At this time, PNC Infratech's Cash And Short Term Investments are relatively stable compared to the past year. As of 12/25/2024, Net Receivables is likely to grow to about 17.1 B, while Other Current Liabilities is likely to drop slightly above 2.9 B.
An 8-period moving average forecast model for PNC Infratech is based on an artificially constructed time series of PNC Infratech 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.

PNC Infratech 8 Period Moving Average Price Forecast For the 26th of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of PNC Infratech Limited on the next trading day is expected to be 317.23 with a mean absolute deviation of 20.77, mean absolute percentage error of 1,078, and the sum of the absolute errors of 1,122.
Please note that although there have been many attempts to predict PNC 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 PNC Infratech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

PNC Infratech Stock Forecast Pattern

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PNC Infratech Forecasted Value

In the context of forecasting PNC Infratech'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. PNC Infratech's downside and upside margins for the forecasting period are 313.41 and 321.06, respectively. We have considered PNC Infratech'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
308.10
313.41
Downside
317.23
Expected Value
321.06
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 PNC Infratech stock data series using in forecasting. Note that when a statistical model is used to represent PNC Infratech 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 Criteria112.2286
BiasArithmetic mean of the errors 9.7209
MADMean absolute deviation20.7686
MAPEMean absolute percentage error0.0624
SAESum of the absolute errors1121.5063
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. PNC Infratech Limited 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for PNC Infratech

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PNC Infratech Limited. 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
306.84310.67314.50
Details
Intrinsic
Valuation
LowRealHigh
227.25231.08338.91
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Other Forecasting Options for PNC Infratech

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

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

PNC Infratech Limited 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 PNC Infratech'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 PNC Infratech's current price.

PNC Infratech Market Strength Events

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

PNC Infratech Risk Indicators

The analysis of PNC Infratech'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 PNC Infratech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pnc 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.

Additional Tools for PNC Stock Analysis

When running PNC Infratech's price analysis, check to measure PNC Infratech's 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 PNC Infratech is operating at the current time. Most of PNC Infratech's value examination focuses on studying past and present price action to predict the probability of PNC Infratech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PNC Infratech's price. Additionally, you may evaluate how the addition of PNC Infratech to your portfolios can decrease your overall portfolio volatility.