IBEX 35 Simple Moving Average

IBEX -- Spain Index  

 9,255  40.70  0.44%

Investors can use this prediction interface to forecast IBEX 35 historic prices and determine the direction of IBEX 35 future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of IBEX 35 historical fundamentals such as revenue growth or operating cash flow patterns. See also fundamental analysis of IBEX 35 to check your projections.
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Horizon     30 Days    Login   to change
A two period moving average forecast for IBEX 35 is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.
Given 30 days horizon, the value of IBEX 35 on the next trading day is expected to be 9234.35

IBEX 35 Prediction Pattern

IBEX 35 Forecasted Value

November 22, 2019
9,255
Market Value
9,234
Expected Value
9,238
Upside

Model Predictive Factors

AICAkaike Information Criteria123.9767
BiasArithmetic mean of the errors -10.8432
MADMean absolute deviation83.55
MAPEMean absolute percentage error0.0092
SAESum of the absolute errors4929.45
The simple moving average model is conceptually a linear regression of the current value of IBEX 35 price series against current and previous (unobserved) value of IBEX 35. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting stock prices into the future

Volatility Measures

IBEX 35 Risk Indicators

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