Relx PLC Stock Forward View - Simple Moving Average
| RELX Stock | USD 33.36 -0.46 -1.36% |
The Simple Moving Average reference data for Relx PLC is derived from the equity's published trading history. Forecast values and accuracy indicators are summarized on this page for reference.
The Simple Moving Average forecasted value of Relx PLC ADR on the next trading day is expected to be 33.36 with a mean absolute deviation of 0.79 and the sum of the absolute errors of 46.87.The simple moving average model is conceptually a linear regression of the current value of Relx PLC ADR price series against current and previous (unobserved) value of Relx PLC. 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 All forecast values on this page for Relx PLC ADR are Simple Moving Average reference data derived from historical price series. Simple Moving Average Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Moving Average forecasted value of Relx PLC ADR on the next trading day is expected to be 33.36 with a mean absolute deviation of 0.79 , mean absolute percentage error of 1.41 , and the sum of the absolute errors of 46.87 .Please note that although there have been many attempts to predict Relx 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 Relx PLC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
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Forecasted Value
This next-day forecast for Relx PLC ADR uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The current forecast range spans downside near 30.51 and upside near 36.21.
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 Relx PLC stock data series using in forecasting. Note that when a statistical model is used to represent Relx 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.| AIC | Akaike Information Criteria | 114.7761 |
| Bias | Arithmetic mean of the errors | 0.1969 |
| MAD | Mean absolute deviation | 0.7943 |
| MAPE | Mean absolute percentage error | 0.0232 |
| SAE | Sum of the absolute errors | 46.865 |
Other Forecasting Options for Relx PLC
For both new and experienced investors in Relx, the ability to analyze Relx PLC's price movement is a fundamental investment skill. Price chart noise in Relx Stock can create false signals and mislead investment decisions.Relx PLC Related Equities
The following equities are related to Relx PLC within the Industrials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Relx PLC against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Relx PLC Market Strength Events
Tracking market strength indicators for Relx PLC provides context for understanding the momentum dynamics of the stock in real time. These signals support informed decisions about when to enter or exit positions in Relx PLC ADR for maximum return potential.
Relx PLC Risk Indicators
Properly assessing Relx PLC's risk indicators is a prerequisite for building reliable price forecasts. Identifying and quantifying the risks associated with Relx PLC's allows investors to make better-informed decisions about accepting or hedging their exposure.
| Mean Deviation | 1.7 | |||
| Standard Deviation | 2.76 | |||
| Variance | 7.64 |
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 Relx PLC
A coverage review of Relx PLC ADR shows when the security is attracting above-average attention from contributors and market observers. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
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Latest Perspective From Macroaxis
Relx PLC Short Properties
A short-interest review of Relx PLC ADR provides context for understanding whether skepticism in the market is becoming more influential. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 1.8 B | |
| Cash And Short Term Investments | 130.8 M |