Whirlpool Stock Forecast - 4 Period Moving Average

WHR Stock  USD 115.08  0.95  0.82%   
The 4 Period Moving Average forecasted value of Whirlpool on the next trading day is expected to be 115.85 with a mean absolute deviation of 2.47 and the sum of the absolute errors of 141.05. Whirlpool Stock Forecast is based on your current time horizon. Although Whirlpool's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Whirlpool's systematic risk associated with finding meaningful patterns of Whirlpool fundamentals over time.
  
At this time, Whirlpool's Payables Turnover is relatively stable compared to the past year. As of 12/27/2024, Receivables Turnover is likely to grow to 13.36, while Inventory Turnover is likely to drop 5.23. . As of 12/27/2024, Common Stock Shares Outstanding is likely to grow to about 57.7 M, though Net Loss is likely to grow to (1.7 B).
A four-period moving average forecast model for Whirlpool 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.

Whirlpool 4 Period Moving Average Price Forecast For the 28th of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of Whirlpool on the next trading day is expected to be 115.85 with a mean absolute deviation of 2.47, mean absolute percentage error of 13.01, and the sum of the absolute errors of 141.05.
Please note that although there have been many attempts to predict Whirlpool 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 Whirlpool's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Whirlpool Stock Forecast Pattern

Backtest WhirlpoolWhirlpool Price PredictionBuy or Sell Advice 

Whirlpool Forecasted Value

In the context of forecasting Whirlpool'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. Whirlpool's downside and upside margins for the forecasting period are 113.20 and 118.49, respectively. We have considered Whirlpool'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
115.08
113.20
Downside
115.85
Expected Value
118.49
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 Whirlpool stock data series using in forecasting. Note that when a statistical model is used to represent Whirlpool 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 Criteria113.3246
BiasArithmetic mean of the errors -0.583
MADMean absolute deviation2.4745
MAPEMean absolute percentage error0.0219
SAESum of the absolute errors141.045
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 Whirlpool. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Whirlpool and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Whirlpool

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Whirlpool. 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
113.10115.74118.38
Details
Intrinsic
Valuation
LowRealHigh
109.48112.12127.63
Details
11 Analysts
Consensus
LowTargetHigh
117.30128.90143.08
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.892.993.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Whirlpool. Your research has to be compared to or analyzed against Whirlpool's peers to derive any actionable benefits. When done correctly, Whirlpool's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Whirlpool.

Other Forecasting Options for Whirlpool

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

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

Whirlpool 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 Whirlpool'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 Whirlpool's current price.

Whirlpool Market Strength Events

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

Whirlpool Risk Indicators

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

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 Whirlpool 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 Whirlpool will appreciate offsetting losses from the drop in the long position's value.

Moving together with Whirlpool Stock

  0.65FLXS Flexsteel IndustriesPairCorr

Moving against Whirlpool Stock

  0.83HBB Hamilton Beach BrandsPairCorr
  0.7MBC MasterBrandPairCorr
  0.65MHK Mohawk IndustriesPairCorr
  0.62LEG Leggett PlattPairCorr
  0.5SN SharkNinja,PairCorr
The ability to find closely correlated positions to Whirlpool could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whirlpool 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 Whirlpool - 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 Whirlpool to buy it.
The correlation of Whirlpool 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 Whirlpool moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whirlpool 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 Whirlpool 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

Additional Tools for Whirlpool Stock Analysis

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