Xcel Energy Stock Forecast - 8 Period Moving Average

XEL Stock  USD 66.40  1.68  2.47%   
The 8 Period Moving Average forecasted value of Xcel Energy on the next trading day is expected to be 67.83 with a mean absolute deviation of 1.38 and the sum of the absolute errors of 74.51. Xcel Stock Forecast is based on your current time horizon. Although Xcel Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Xcel Energy's systematic risk associated with finding meaningful patterns of Xcel Energy fundamentals over time.
  
Asset Turnover is expected to rise to 0.39 this year, although the value of Inventory Turnover will most likely fall to 7.88. . The value of Common Stock Shares Outstanding is expected to slide to about 383.3 M. The value of Net Income Applicable To Common Shares is expected to slide to about 1 B.
An 8-period moving average forecast model for Xcel Energy is based on an artificially constructed time series of Xcel Energy 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.

Xcel Energy 8 Period Moving Average Price Forecast For the 20th of December

Given 90 days horizon, the 8 Period Moving Average forecasted value of Xcel Energy on the next trading day is expected to be 67.83 with a mean absolute deviation of 1.38, mean absolute percentage error of 2.30, and the sum of the absolute errors of 74.51.
Please note that although there have been many attempts to predict Xcel 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 Xcel Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Xcel Energy Stock Forecast Pattern

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Xcel Energy Forecasted Value

In the context of forecasting Xcel Energy'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. Xcel Energy's downside and upside margins for the forecasting period are 66.63 and 69.03, respectively. We have considered Xcel Energy'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
66.40
67.83
Expected Value
69.03
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 Xcel Energy stock data series using in forecasting. Note that when a statistical model is used to represent Xcel Energy 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 Criteria106.0775
BiasArithmetic mean of the errors -0.218
MADMean absolute deviation1.3798
MAPEMean absolute percentage error0.0205
SAESum of the absolute errors74.51
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. Xcel Energy 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Xcel Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Xcel Energy. 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 Xcel Energy'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.
Hype
Prediction
LowEstimatedHigh
65.1766.3767.57
Details
Intrinsic
Valuation
LowRealHigh
64.8266.0267.22
Details
17 Analysts
Consensus
LowTargetHigh
59.2265.0872.24
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.880.890.90
Details

Other Forecasting Options for Xcel Energy

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

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

Xcel Energy 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 Xcel Energy'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 Xcel Energy's current price.

Xcel Energy Market Strength Events

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

Xcel Energy Risk Indicators

The analysis of Xcel Energy'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 Xcel Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting xcel 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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When determining whether Xcel Energy is a strong investment it is important to analyze Xcel Energy'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 Xcel Energy's future performance. For an informed investment choice regarding Xcel Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Xcel Energy to cross-verify your projections.
For more information on how to buy Xcel Stock please use our How to buy in Xcel Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Electric Utilities 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 Xcel Energy. If investors know Xcel 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 Xcel Energy 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
0.018
Dividend Share
2.163
Earnings Share
3.37
Revenue Per Share
24.665
Quarterly Revenue Growth
(0.01)
The market value of Xcel Energy is measured differently than its book value, which is the value of Xcel that is recorded on the company's balance sheet. Investors also form their own opinion of Xcel Energy's value that differs from its market value or its book value, called intrinsic value, which is Xcel Energy'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 Xcel Energy's market value can be influenced by many factors that don't directly affect Xcel Energy'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 Xcel Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xcel Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xcel Energy'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.