PHOENIX N Stock Forward View - Simple Moving Average
| PMN Stock | 413.00 10.00 2.48% |
This reference page presents Simple Moving Average forecast data for PHOENIX N AG. The projected values and error metrics are presented below as reference information. The output values and deviation metrics are provided for informational reference.
The Simple Moving Average forecasted value of PHOENIX N AG on the next trading day is expected to be 413.00 with a mean absolute deviation of 6.20 and the sum of the absolute errors of 366.00.The simple moving average model is conceptually a linear regression of the current value of PHOENIX N AG price series against current and previous (unobserved) value of PHOENIX N. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future This Simple Moving Average forecast data for PHOENIX N AG is sourced from the most recent available trading data and is intended solely as reference information. Simple Moving Average Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Moving Average forecasted value of PHOENIX N AG on the next trading day is expected to be 413.00 with a mean absolute deviation of 6.20 , mean absolute percentage error of 59.58 , and the sum of the absolute errors of 366.00 .Please note that although there have been many attempts to predict PHOENIX Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that PHOENIX N's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest PHOENIX N | PHOENIX N Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for PHOENIX N AG focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 411.16 and upside near 414.84.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of PHOENIX N stock data series using in forecasting. Note that when a statistical model is used to represent PHOENIX N 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 | 118.5221 |
| Bias | Arithmetic mean of the errors | 0.9153 |
| MAD | Mean absolute deviation | 6.2034 |
| MAPE | Mean absolute percentage error | 0.0144 |
| SAE | Sum of the absolute errors | 366.0 |
Other Forecasting Options for PHOENIX N
PHOENIX N's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in PHOENIX often signals an upcoming reversal or acceleration. Gap analysis of PHOENIX Stock data examines overnight jumps between PHOENIX N's closing and opening prices.PHOENIX N Related Equities
These firms work in a similar space as PHOENIX N within the Industrials space and serve as useful points for comparison. Looking at PHOENIX N's pricing multiples next to these peers shows if the stock trades at a premium or discount. How PHOENIX N ranks within this group can shift over time as the competitive picture changes. The data below allows side-by-side review across the most common financial metrics.
| Risk & Return | Correlation |
PHOENIX N Market Strength Events
Market strength indicators help investors evaluate how PHOENIX N stock reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading PHOENIX N AG. These indicators can identify periods when trading PHOENIX N AG may offer more favorable risk-reward conditions.
PHOENIX N Risk Indicators
The analysis of PHOENIX N's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding PHOENIX N's allows investors to make informed decisions about their exposure. The analysis of PHOENIX N's basic risk metrics provides a foundation for managing investment risk.
| Mean Deviation | 1.39 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.39 |
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.
Story Coverage note for PHOENIX N
Coverage intensity for PHOENIX N AG matters because narrative visibility can influence sentiment, participation, and volatility around the name. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
Other Macroaxis Stories
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PHOENIX N Short Properties
A short-interest review of PHOENIX N AG provides context for understanding whether skepticism in the market is becoming more influential. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Common Stock Shares Outstanding | 947.3 K | |
| Cash And Short Term Investments | 109.1 M |
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