Tatneft ADR Stock Forecast - Naive Prediction
| OAOFY Stock | USD 9.55 0.00 0.00% |
The Naive Prediction forecasted value of Tatneft ADR on the next trading day is expected to be 9.55 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Tatneft Stock Forecast is based on your current time horizon.
Receivables Turnover is likely to rise to 8.89 in 2025, whereas Inventory Turnover is likely to drop 3.10 in 2025. . Net Income Applicable To Common Shares is likely to rise to about 343.6 B in 2025, whereas Common Stock Shares Outstanding is likely to drop slightly above 1.7 B in 2025. Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Tatneft ADR's financial statements to predict how it will affect future prices.
Cash | First Reported 2016-12-31 | Previous Quarter 66.5 B | Current Value 186.9 B | Quarterly Volatility 39.4 B |
Tatneft ADR Naive Prediction Price Forecast For the 2nd of October
Given 90 days horizon, the Naive Prediction forecasted value of Tatneft ADR on the next trading day is expected to be 9.55 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Tatneft Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Tatneft ADR's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Tatneft ADR Stock Forecast Pattern
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Tatneft ADR Forecasted Value
In the context of forecasting Tatneft ADR's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Tatneft ADR's downside and upside margins for the forecasting period are 9.55 and 9.55, respectively. We have considered Tatneft ADR's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Tatneft ADR stock data series using in forecasting. Note that when a statistical model is used to represent Tatneft ADR 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 | 51.4917 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Tatneft ADR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tatneft ADR. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Other Forecasting Options for Tatneft ADR
For every potential investor in Tatneft, whether a beginner or expert, Tatneft ADR's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Tatneft Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Tatneft. Basic forecasting techniques help filter out the noise by identifying Tatneft ADR's price trends.Tatneft ADR Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tatneft ADR stock to make a market-neutral strategy. Peer analysis of Tatneft ADR could also be used in its relative valuation, which is a method of valuing Tatneft ADR by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Tatneft ADR Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Tatneft ADR's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Tatneft ADR's current price.| Cycle Indicators | ||
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Tatneft ADR Market Strength Events
Market strength indicators help investors to evaluate how Tatneft ADR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tatneft ADR shares will generate the highest return on investment. By undertsting and applying Tatneft ADR stock market strength indicators, traders can identify Tatneft ADR entry and exit signals to maximize returns.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Tatneft Stock Analysis
When running Tatneft ADR's price analysis, check to measure Tatneft ADR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tatneft ADR is operating at the current time. Most of Tatneft ADR's value examination focuses on studying past and present price action to predict the probability of Tatneft ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tatneft ADR's price. Additionally, you may evaluate how the addition of Tatneft ADR to your portfolios can decrease your overall portfolio volatility.