Willscot Mobile Stock Forward View - Simple Moving Average
| WSC Stock | USD 18.27 0.17 0.94% |
The Simple Moving Average forecast shown here for Willscot Mobile is reference data produced from its historical price series. The projected value and error measures below serve as reference information.
The Simple Moving Average forecasted value of Willscot Mobile Mini on the next trading day is expected to be 18.27 with a mean absolute deviation of 0.49 and the sum of the absolute errors of 28.83.The simple moving average model is conceptually a linear regression of the current value of Willscot Mobile Mini price series against current and previous (unobserved) value of Willscot Mobile. 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 reference page for Willscot Mobile presents model-generated projections from historical price data for informational purposes. Simple Moving Average Price Forecast For the 26th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Willscot Mobile Mini on the next trading day is expected to be 18.27 with a mean absolute deviation of 0.49 , mean absolute percentage error of 0.41 , and the sum of the absolute errors of 28.83 .Please note that although there have been many attempts to predict Willscot 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 Willscot Mobile's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Willscot Mobile | Willscot Mobile Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Willscot Mobile Mini uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
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 Willscot Mobile stock data series using in forecasting. Note that when a statistical model is used to represent Willscot Mobile 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 | 113.5446 |
| Bias | Arithmetic mean of the errors | 0.0283 |
| MAD | Mean absolute deviation | 0.4886 |
| MAPE | Mean absolute percentage error | 0.0239 |
| SAE | Sum of the absolute errors | 28.83 |
Other Forecasting Options for Willscot Mobile
The distribution of Willscot Mobile's daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This can reveal hidden support and resistance zones in Willscot Mobile's chart that simple price charts miss.Willscot Mobile Related Equities
These stocks are related to Willscot Mobile within the Industrials space and can be used for peer review, pricing, or spreading risk. Profit comparisons show whether Willscot Mobile earns above or below average returns next to its peers. Peer review is most useful when paired with absolute pricing and trend checks.
| Risk & Return | Correlation |
Willscot Mobile Market Strength Events
Market strength indicators for Willscot Mobile give insight into the stock's responsiveness to broader forces. These indicators are useful for traders seeking optimal timing for positions in Willscot Mobile Mini.
Willscot Mobile Risk Indicators
A thorough review of Willscot Mobile's risk indicators is an important first step in forecasting its price. Quantifying the risk involved in Willscot Mobile's allows investors to make better decisions about entry, sizing, and hedging.
| Mean Deviation | 2.25 | |||
| Standard Deviation | 3.06 | |||
| Variance | 9.37 |
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 Willscot Mobile
Story coverage around Willscot Mobile Mini often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
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Willscot Mobile Short Properties
Reviewing short-oriented indicators for Willscot Mobile Mini is useful because long and short participants often create very different signals for timing and volatility. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 182.4 M | |
| Cash And Short Term Investments | 14.6 M |