Stille AB Stock Forecast - 4 Period Moving Average

STIL Stock  SEK 208.00  2.00  0.95%   
The 4 Period Moving Average forecasted value of Stille AB on the next trading day is expected to be 210.50 with a mean absolute deviation of 3.29 and the sum of the absolute errors of 187.25. Stille Stock Forecast is based on your current time horizon.
  
A four-period moving average forecast model for Stille AB is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Stille AB 4 Period Moving Average Price Forecast For the 12th of December 2024

Given 90 days horizon, the 4 Period Moving Average forecasted value of Stille AB on the next trading day is expected to be 210.50 with a mean absolute deviation of 3.29, mean absolute percentage error of 20.08, and the sum of the absolute errors of 187.25.
Please note that although there have been many attempts to predict Stille 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 Stille AB's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Stille AB Stock Forecast Pattern

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Stille AB Forecasted Value

In the context of forecasting Stille AB'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. Stille AB's downside and upside margins for the forecasting period are 208.16 and 212.84, respectively. We have considered Stille AB'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
208.00
208.16
Downside
210.50
Expected Value
212.84
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Stille AB stock data series using in forecasting. Note that when a statistical model is used to represent Stille AB 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 Criteria113.7586
BiasArithmetic mean of the errors 0.2939
MADMean absolute deviation3.2851
MAPEMean absolute percentage error0.0155
SAESum of the absolute errors187.25
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Stille AB. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Stille AB and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Stille AB

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stille AB. 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
205.66208.00210.34
Details
Intrinsic
Valuation
LowRealHigh
191.10193.44228.80
Details
Bollinger
Band Projection (param)
LowMiddleHigh
203.48211.64219.81
Details

Other Forecasting Options for Stille AB

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

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

Stille AB 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 Stille AB'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 Stille AB's current price.

Stille AB Market Strength Events

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

Stille AB Risk Indicators

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

Explore Investment Opportunities

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Additional Tools for Stille Stock Analysis

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