Technology Telecommunicatio Stock Forecast - Naive Prediction
| TETE Stock | USD 12.29 0.04 0.33% |
The Naive Prediction forecasted value of Technology Telecommunication on the next trading day is expected to be 12.32 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.07. Technology Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Technology Telecommunicatio stock prices and determine the direction of Technology Telecommunication's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Technology Telecommunicatio's historical fundamentals, such as revenue growth or operating cash flow patterns.
Technology |
Technology Telecommunicatio Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Technology Telecommunicatio's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 11.4 K | Current Value 10.8 K | Quarterly Volatility 126.3 K |
Technology Telecommunicatio Naive Prediction Price Forecast For the 13th of December 2024
Given 90 days horizon, the Naive Prediction forecasted value of Technology Telecommunication on the next trading day is expected to be 12.32 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 1.07.Please note that although there have been many attempts to predict Technology 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 Technology Telecommunicatio's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Technology Telecommunicatio Stock Forecast Pattern
| Backtest Technology Telecommunicatio | Technology Telecommunicatio Price Prediction | Buy or Sell Advice |
Technology Telecommunicatio Forecasted Value
In the context of forecasting Technology Telecommunicatio'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. Technology Telecommunicatio's downside and upside margins for the forecasting period are 12.12 and 12.52, respectively. We have considered Technology Telecommunicatio'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Technology Telecommunicatio stock data series using in forecasting. Note that when a statistical model is used to represent Technology Telecommunicatio 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.| AIC | Akaike Information Criteria | 112.235 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0173 |
| MAPE | Mean absolute percentage error | 0.0014 |
| SAE | Sum of the absolute errors | 1.074 |
Predictive Modules for Technology Telecommunicatio
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Technology Telecommunicatio. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Technology Telecommunicatio's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Technology Telecommunicatio
For every potential investor in Technology, whether a beginner or expert, Technology Telecommunicatio's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Technology Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Technology. Basic forecasting techniques help filter out the noise by identifying Technology Telecommunicatio's price trends.Technology Telecommunicatio 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 Technology Telecommunicatio stock to make a market-neutral strategy. Peer analysis of Technology Telecommunicatio could also be used in its relative valuation, which is a method of valuing Technology Telecommunicatio by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Technology Telecommunicatio 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 Technology Telecommunicatio'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 Technology Telecommunicatio's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Technology Telecommunicatio Market Strength Events
Market strength indicators help investors to evaluate how Technology Telecommunicatio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Technology Telecommunicatio shares will generate the highest return on investment. By undertsting and applying Technology Telecommunicatio stock market strength indicators, traders can identify Technology Telecommunication entry and exit signals to maximize returns.
Technology Telecommunicatio Risk Indicators
The analysis of Technology Telecommunicatio'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 Technology Telecommunicatio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting technology 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.
| Mean Deviation | 0.1281 | |||
| Semi Deviation | 0.0782 | |||
| Standard Deviation | 0.2002 | |||
| Variance | 0.0401 | |||
| Downside Variance | 0.1272 | |||
| Semi Variance | 0.0061 | |||
| Expected Short fall | (0.19) |
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.When determining whether Technology Telecommunicatio is a strong investment it is important to analyze Technology Telecommunicatio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Technology Telecommunicatio's future performance. For an informed investment choice regarding Technology Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Technology Telecommunicatio to cross-verify your projections. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Technology Telecommunicatio. If investors know Technology will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Technology Telecommunicatio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.876 | Earnings Share 0.05 | Return On Assets (0.03) |
The market value of Technology Telecommunicatio is measured differently than its book value, which is the value of Technology that is recorded on the company's balance sheet. Investors also form their own opinion of Technology Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Technology Telecommunicatio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Technology Telecommunicatio's market value can be influenced by many factors that don't directly affect Technology Telecommunicatio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Technology Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Technology Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Technology Telecommunicatio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.