Schouw Stock Forecast - 20 Period Moving Average

SCHO Stock  DKK 548.00  1.00  0.18%   
The 20 Period Moving Average forecasted value of Schouw Co on the next trading day is expected to be 553.15 with a mean absolute deviation of 9.61 and the sum of the absolute errors of 394.00. Schouw Stock Forecast is based on your current time horizon.
  
A commonly used 20-period moving average forecast model for Schouw Co is based on a synthetically constructed Schouwdaily 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.

Schouw 20 Period Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the 20 Period Moving Average forecasted value of Schouw Co on the next trading day is expected to be 553.15 with a mean absolute deviation of 9.61, mean absolute percentage error of 143.72, and the sum of the absolute errors of 394.00.
Please note that although there have been many attempts to predict Schouw 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 Schouw's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Schouw Stock Forecast Pattern

Backtest SchouwSchouw Price PredictionBuy or Sell Advice 

Schouw Forecasted Value

In the context of forecasting Schouw'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. Schouw's downside and upside margins for the forecasting period are 552.09 and 554.21, respectively. We have considered Schouw'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
548.00
552.09
Downside
553.15
Expected Value
554.21
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 Schouw stock data series using in forecasting. Note that when a statistical model is used to represent Schouw 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 Criteria86.3208
BiasArithmetic mean of the errors 7.0439
MADMean absolute deviation9.6098
MAPEMean absolute percentage error0.0172
SAESum of the absolute errors394.0
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. Schouw 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Schouw

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Schouw. 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
545.93547.00548.07
Details
Intrinsic
Valuation
LowRealHigh
458.41459.48601.70
Details
Bollinger
Band Projection (param)
LowMiddleHigh
542.63570.17597.71
Details

Other Forecasting Options for Schouw

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

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

Schouw 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 Schouw'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 Schouw's current price.

Schouw Market Strength Events

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

Schouw Risk Indicators

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

Pair Trading with Schouw

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Schouw position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Schouw will appreciate offsetting losses from the drop in the long position's value.

Moving together with Schouw Stock

  0.64ORSTED Orsted ASPairCorr

Moving against Schouw Stock

  0.57SYDB Sydbank ASPairCorr
  0.45DSV DSV Panalpina ASPairCorr
  0.43SPNO Spar Nord BankPairCorr
  0.34NDA-DK Nordea Bank AbpPairCorr
The ability to find closely correlated positions to Schouw could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Schouw when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Schouw - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Schouw Co to buy it.
The correlation of Schouw is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Schouw moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Schouw moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Schouw can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Schouw Stock

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