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Citigroup Stock Forecast - 4 Period Moving Average

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C -- USA Stock  

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Investors can use this prediction interface to forecast Citigroup historic stock prices and determine the direction of Citigroup 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 Citigroup historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Citigroup systematic risks associated with finding meaningful patterns of Citigroup fundamentals over time. Continue to Historical Fundamental Analysis of Citigroup to cross-verify your projections.
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A four-period moving average forecast model for Citigroup is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.
Given 30 days horizon, the value of Citigroup on the next trading day is expected to be 66.38

Citigroup Stock Forecast Pattern

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Citigroup Forecasted Value

Market Value
63.46
February 28, 2020
66.38
Expected Value
71.20
Upside

Model Predictive Factors

AICAkaike Information Criteria112.2786
BiasArithmetic mean of the errors 0.4361
MADMean absolute deviation1.3819
MAPEMean absolute percentage error0.0188
SAESum of the absolute errors78.77
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Citigroup. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Citigroup and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Volatility Measures

Citigroup Risk Indicators

Current Sentiment - C

Citigroup Investor Sentiment

Most of Macroaxis users are currently bullish on Citigroup. What is your opinion about investing in Citigroup? Are you bullish or bearish?
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2% Bearish
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Citigroup Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Citigroup and Barclays PLC. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to Historical Fundamental Analysis of Citigroup to cross-verify your projections. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.