Tal Lanka Stock Forecast - 8 Period Moving Average

TAJN0000  LKR 21.00  0.30  1.41%   
The 8 Period Moving Average forecasted value of Tal Lanka Hotels on the next trading day is expected to be 21.36 with a mean absolute deviation of 0.54 and the sum of the absolute errors of 28.84. Tal Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tal Lanka stock prices and determine the direction of Tal Lanka Hotels's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Tal Lanka's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
An 8-period moving average forecast model for Tal Lanka is based on an artificially constructed time series of Tal Lanka 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.

Tal Lanka 8 Period Moving Average Price Forecast For the 15th of December 2024

Given 90 days horizon, the 8 Period Moving Average forecasted value of Tal Lanka Hotels on the next trading day is expected to be 21.36 with a mean absolute deviation of 0.54, mean absolute percentage error of 0.49, and the sum of the absolute errors of 28.84.
Please note that although there have been many attempts to predict Tal 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 Tal Lanka's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Tal Lanka Stock Forecast Pattern

Tal Lanka Forecasted Value

In the context of forecasting Tal Lanka'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. Tal Lanka's downside and upside margins for the forecasting period are 18.29 and 24.44, respectively. We have considered Tal Lanka'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
21.00
21.36
Expected Value
24.44
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 Tal Lanka stock data series using in forecasting. Note that when a statistical model is used to represent Tal Lanka 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 Criteria102.7005
BiasArithmetic mean of the errors -0.2554
MADMean absolute deviation0.5441
MAPEMean absolute percentage error0.0276
SAESum of the absolute errors28.8375
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. Tal Lanka Hotels 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Tal Lanka

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tal Lanka Hotels. 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
17.9221.0024.08
Details
Intrinsic
Valuation
LowRealHigh
16.1819.2622.34
Details

Other Forecasting Options for Tal Lanka

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

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

Tal Lanka Hotels 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 Tal Lanka'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 Tal Lanka's current price.

Tal Lanka Market Strength Events

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

Tal Lanka Risk Indicators

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

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Other Information on Investing in Tal Stock

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