WATER WAYS Stock Forecast - 4 Period Moving Average

WWT Stock   0.01  0  42.86%   
The 4 Period Moving Average forecasted value of WATER WAYS TECHS on the next trading day is expected to be 0 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.06. WATER Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of WATER WAYS's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for WATER WAYS TECHS 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.

WATER WAYS 4 Period Moving Average Price Forecast For the 21st of December

Given 90 days horizon, the 4 Period Moving Average forecasted value of WATER WAYS TECHS on the next trading day is expected to be 0 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000211, and the sum of the absolute errors of 0.06.
Please note that although there have been many attempts to predict WATER 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 WATER WAYS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

WATER WAYS Stock Forecast Pattern

WATER WAYS Forecasted Value

In the context of forecasting WATER WAYS'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. WATER WAYS's downside and upside margins for the forecasting period are 0.00005 and 58.24, respectively. We have considered WATER WAYS'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
0.01
0.00005
Downside
0
Expected Value
58.24
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 WATER WAYS stock data series using in forecasting. Note that when a statistical model is used to represent WATER WAYS 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 Criteria97.6894
BiasArithmetic mean of the errors 1.0E-4
MADMean absolute deviation0.001
MAPEMean absolute percentage error0.3382
SAESum of the absolute errors0.0596
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 WATER WAYS. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for WATER WAYS TECHS and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for WATER WAYS

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WATER WAYS TECHS. 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
0.000.0150.26
Details
Intrinsic
Valuation
LowRealHigh
0.00050.25
Details

Other Forecasting Options for WATER WAYS

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

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

WATER WAYS TECHS 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 WATER WAYS'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 WATER WAYS's current price.

WATER WAYS Market Strength Events

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

WATER WAYS Risk Indicators

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

Currently Active Assets on Macroaxis

Other Information on Investing in WATER Stock

WATER WAYS financial ratios help investors to determine whether WATER 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 WATER with respect to the benefits of owning WATER WAYS security.