Shagrir Group Stock Forward View - Simple Moving Average
| SHGR Stock | 1,933 21.00 1.07% |
Shagrir Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Shagrir Group stock prices and determine the direction of Shagrir Group Vehicle's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shagrir Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time, the value of RSI of Shagrir Group's share price is approaching 46. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Shagrir Group, making its price go up or down. Momentum 46
Impartial
Oversold | Overbought |
Using Shagrir Group hype-based prediction, you can estimate the value of Shagrir Group Vehicle from the perspective of Shagrir Group response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Shagrir Group Vehicle on the next trading day is expected to be 1,944 with a mean absolute deviation of 32.69 and the sum of the absolute errors of 1,928. Shagrir Group after-hype prediction price | ILA 1933.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Shagrir |
Shagrir Group Additional Predictive Modules
Most predictive techniques to examine Shagrir price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Shagrir using various technical indicators. When you analyze Shagrir charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Shagrir Group Simple Moving Average Price Forecast For the 30th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Shagrir Group Vehicle on the next trading day is expected to be 1,944 with a mean absolute deviation of 32.69, mean absolute percentage error of 2,222, and the sum of the absolute errors of 1,928.Please note that although there have been many attempts to predict Shagrir 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 Shagrir Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Shagrir Group Stock Forecast Pattern
| Backtest Shagrir Group | Shagrir Group Price Prediction | Buy or Sell Advice |
Shagrir Group Forecasted Value
In the context of forecasting Shagrir Group'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. Shagrir Group's downside and upside margins for the forecasting period are 1,941 and 1,946, respectively. We have considered Shagrir Group'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 Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Shagrir Group stock data series using in forecasting. Note that when a statistical model is used to represent Shagrir Group 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 | 122.1409 |
| Bias | Arithmetic mean of the errors | 7.1441 |
| MAD | Mean absolute deviation | 32.6864 |
| MAPE | Mean absolute percentage error | 0.017 |
| SAE | Sum of the absolute errors | 1928.5 |
Predictive Modules for Shagrir Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shagrir Group Vehicle. 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.Shagrir Group After-Hype Price Density Analysis
As far as predicting the price of Shagrir Group at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Shagrir Group or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Shagrir Group, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Shagrir Group Estimiated After-Hype Price Volatility
In the context of predicting Shagrir Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Shagrir Group's historical news coverage. Shagrir Group's after-hype downside and upside margins for the prediction period are 1,931 and 1,935, respectively. We have considered Shagrir Group's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Shagrir Group is very steady at this time. Analysis and calculation of next after-hype price of Shagrir Group Vehicle is based on 3 months time horizon.
Shagrir Group Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Shagrir Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Shagrir Group backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Shagrir Group, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.06 | 2.10 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
1,933 | 1,933 | 0.00 |
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Shagrir Group Hype Timeline
Shagrir Group Vehicle is at this time traded for 1,933on Tel Aviv Stock Exchange of Israel. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Shagrir is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at -0.06%. %. The volatility of related hype on Shagrir Group is about 0.0%, with the expected price after the next announcement by competition of 1,933. About 67.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.0. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Shagrir Group Vehicle last dividend was issued on the 5th of April 2021. Assuming the 90 days trading horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Shagrir Group to cross-verify your projections.Shagrir Group Related Hype Analysis
Having access to credible news sources related to Shagrir Group's direct competition is more important than ever and may enhance your ability to predict Shagrir Group's future price movements. Getting to know how Shagrir Group's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Shagrir Group may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AMD | Amiad Water Systems | 0.00 | 0 per month | 2.36 | 0.11 | 8.39 | (4.56) | 19.43 | |
| LUDN | Ludan Engineering Co | 0.00 | 0 per month | 0.00 | (0.24) | 2.44 | (4.52) | 9.78 | |
| LSCO | Lesico | 0.00 | 0 per month | 1.65 | 0.01 | 4.59 | (3.12) | 11.96 | |
| KNFM | Knafaim | 0.00 | 0 per month | 1.93 | (0.0004) | 2.68 | (3.28) | 10.08 | |
| AVRT | Avrot Industries | 0.00 | 0 per month | 0.00 | (0.15) | 5.40 | (5.17) | 22.47 | |
| OVRS | Overseas Commerce | 0.00 | 0 per month | 1.76 | 0.06 | 2.39 | (2.78) | 8.92 | |
| ARAN | Aran Research and | 0.00 | 0 per month | 3.07 | 0.14 | 7.94 | (4.60) | 17.58 | |
| INTR | Intergama | 0.00 | 0 per month | 0.00 | (0.23) | 0.33 | (2.05) | 4.10 | |
| AMAN | Amanet Management Systems | 0.00 | 0 per month | 1.01 | 0.18 | 5.00 | (2.61) | 12.51 | |
| LEOF | Levinski Ofer | 0.00 | 0 per month | 0.00 | (0.10) | 4.13 | (4.06) | 9.93 |
Other Forecasting Options for Shagrir Group
For every potential investor in Shagrir, whether a beginner or expert, Shagrir Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shagrir Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shagrir. Basic forecasting techniques help filter out the noise by identifying Shagrir Group's price trends.Shagrir Group 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 Shagrir Group stock to make a market-neutral strategy. Peer analysis of Shagrir Group could also be used in its relative valuation, which is a method of valuing Shagrir Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Shagrir Group Market Strength Events
Market strength indicators help investors to evaluate how Shagrir Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shagrir Group shares will generate the highest return on investment. By undertsting and applying Shagrir Group stock market strength indicators, traders can identify Shagrir Group Vehicle entry and exit signals to maximize returns.
| Accumulation Distribution | 139.17 | |||
| Daily Balance Of Power | (0.39) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 1927.0 | |||
| Day Typical Price | 1929.0 | |||
| Market Facilitation Index | 0.0107 | |||
| Price Action Indicator | (4.50) | |||
| Period Momentum Indicator | (21.00) | |||
| Relative Strength Index | 46.48 |
Shagrir Group Risk Indicators
The analysis of Shagrir Group's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Shagrir Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shagrir stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.46 | |||
| Standard Deviation | 2.1 | |||
| Variance | 4.4 |
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 Shagrir Group
The number of cover stories for Shagrir Group depends on current market conditions and Shagrir Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Shagrir Group is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Shagrir Group's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in Shagrir Stock
Shagrir Group financial ratios help investors to determine whether Shagrir Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shagrir with respect to the benefits of owning Shagrir Group security.