Unilever PLC Stock Forecast - 20 Period Moving Average

ULVR Stock   4,559  22.00  0.48%   
The 20 Period Moving Average forecasted value of Unilever PLC on the next trading day is expected to be 4,651 with a mean absolute deviation of 81.97 and the sum of the absolute errors of 3,361. Unilever Stock Forecast is based on your current time horizon.
  
At this time, Unilever PLC's Property Plant And Equipment Gross is comparatively stable compared to the past year. Other Assets is likely to gain to about 7.5 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 4.5 B in 2024.
A commonly used 20-period moving average forecast model for Unilever PLC is based on a synthetically constructed Unilever PLCdaily 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.

Unilever PLC 20 Period Moving Average Price Forecast For the 24th of December

Given 90 days horizon, the 20 Period Moving Average forecasted value of Unilever PLC on the next trading day is expected to be 4,651 with a mean absolute deviation of 81.97, mean absolute percentage error of 9,816, and the sum of the absolute errors of 3,361.
Please note that although there have been many attempts to predict Unilever 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 Unilever PLC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Unilever PLC Stock Forecast Pattern

JavaScript chart by amCharts 3.21.15Oct 8Oct 16Oct 24Nov 1Nov 11Nov 19Nov 27Dec 5Dec 13Dec 234,5504,6004,6504,7004,7504,800
JavaScript chart by amCharts 3.21.15Unilever PLC Unilever PLC forecast
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Unilever PLC Forecasted Value

In the context of forecasting Unilever PLC'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. Unilever PLC's downside and upside margins for the forecasting period are 4,650 and 4,652, respectively. We have considered Unilever PLC'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
4,559
4,651
Expected Value
4,652
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 Unilever PLC stock data series using in forecasting. Note that when a statistical model is used to represent Unilever PLC 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 Criteria90.5447
BiasArithmetic mean of the errors 32.6562
MADMean absolute deviation81.9658
MAPEMean absolute percentage error0.0178
SAESum of the absolute errors3360.5985
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. Unilever PLC 20-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Unilever PLC

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Unilever PLC. 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
4,5574,5585,015
Details
Intrinsic
Valuation
LowRealHigh
4,2394,2405,015
Details
Bollinger
Band Projection (param)
LowMiddleHigh
4,5434,6514,759
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.750.780.81
Details

Other Forecasting Options for Unilever PLC

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

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

Unilever PLC 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 Unilever PLC'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 Unilever PLC's current price.

Unilever PLC Market Strength Events

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

Unilever PLC Risk Indicators

The analysis of Unilever PLC'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 Unilever PLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting unilever 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 Unilever Stock Analysis

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

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