Boeing Stock Forecast - Naive Prediction

BA
 Stock
  

USD 182.87  7.09  4.03%   

Boeing Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Boeing historical stock prices and determine the direction of The Boeing's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Boeing historical fundamentals such as revenue growth or operating cash flow patterns. Although Boeing naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of The Boeing systematic risk associated with finding meaningful patterns of Boeing fundamentals over time.
Continue to Historical Fundamental Analysis of Boeing to cross-verify your projections.
  
The current year PPandE Turnover is expected to grow to 7.14. The current year Receivables Turnover is expected to grow to 8.71. The current year Weighted Average Shares is expected to grow to about 693 M. The current year Weighted Average Shares Diluted is expected to grow to about 696.1 M.

Open Interest Agains t 2022-12-09 Boeing Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Boeing's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Boeing's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Boeing stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Boeing's open interest, investors have to compare it to Boeing's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Boeing is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Boeing. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Boeing cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Boeing's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Boeing's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Boeing is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of The Boeing value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Boeing Naive Prediction Price Forecast For the 5th of December

Given 90 days horizon, the Naive Prediction forecasted value of The Boeing on the next trading day is expected to be 180.75 with a mean absolute deviation of 3.72, mean absolute percentage error of 21.11, and the sum of the absolute errors of 226.83.
Please note that although there have been many attempts to predict Boeing 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 Boeing's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Boeing Stock Forecast Pattern

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Boeing Forecasted Value

In the context of forecasting Boeing'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. Boeing's downside and upside margins for the forecasting period are 177.87 and 183.63, respectively. We have considered Boeing'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.
Market Value 182.87
177.87
Downside
180.75
Expected Value
183.63
Upside

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 Boeing stock data series using in forecasting. Note that when a statistical model is used to represent Boeing 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.
AICAkaike Information Criteria121.1603
BiasArithmetic mean of the errors None
MADMean absolute deviation3.7185
MAPEMean absolute percentage error0.0252
SAESum of the absolute errors226.8271
This model is not at all useful as a medium-long range forecasting tool of The Boeing. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Boeing. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Boeing

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Boeing. Regardless of method or technology, however, to accurately forecast the stock or bond 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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Boeing's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Boeing in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
181.45184.33187.21
Details
Intrinsic
Valuation
LowReal ValueHigh
164.58209.31212.19
Details
13 Analysts
Consensus
LowTarget PriceHigh
220.00269.29306.00
Details
Earnings
Estimates (5)
LowProjected EPSHigh
-2.05-1.69-1
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Boeing. Your research has to be compared to or analyzed against Boeing's peers to derive any actionable benefits. When done correctly, Boeing's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Boeing.

Other Forecasting Options for Boeing

For every potential investor in Boeing, whether a beginner or expert, Boeing's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Boeing Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Boeing. Basic forecasting techniques help filter out the noise by identifying Boeing's price trends.

Boeing 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 Boeing stock to make a market-neutral strategy. Peer analysis of Boeing could also be used in its relative valuation, which is a method of valuing Boeing by comparing valuation metrics with similar companies.
Elbit SystemsAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health TrendIShares MSCI USABetaPro Canadian GoldAramark HoldingsVanguard Long-TermSeagate Technology PLCVistra Energy CorpExxon Mobil Corp
 Risk & Return  Correlation

Boeing 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 Boeing'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 Boeing's current price.

Boeing Market Strength Events

Market strength indicators help investors to evaluate how Boeing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Boeing shares will generate the highest return on investment. By undertsting and applying Boeing stock market strength indicators, traders can identify The Boeing entry and exit signals to maximize returns.

Boeing Risk Indicators

The analysis of Boeing's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Boeing's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Boeing stock price, 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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Boeing without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Boeing

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boeing position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boeing will appreciate offsetting losses from the drop in the long position's value.

Moving together with Boeing

+0.81ABMABM Industries Incor Fiscal Year End 21st of December 2022 PairCorr
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+0.83DALDelta Air Lines Fiscal Year End 12th of January 2023 PairCorr
+0.85FBHSFortune Brands Home Downward RallyPairCorr
The ability to find closely correlated positions to Boeing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boeing when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boeing - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Boeing to buy it.
The correlation of Boeing is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boeing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boeing moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boeing can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Historical Fundamental Analysis of Boeing to cross-verify your projections. Note that the Boeing information on this page should be used as a complementary analysis to other Boeing's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running Boeing price analysis, check to measure Boeing'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 Boeing is operating at the current time. Most of Boeing's value examination focuses on studying past and present price action to predict the probability of Boeing's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Boeing's price. Additionally, you may evaluate how the addition of Boeing to your portfolios can decrease your overall portfolio volatility.
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Is Boeing's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Boeing. If investors know Boeing will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Boeing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.68) 
Market Capitalization
109 B
Quarterly Revenue Growth YOY
0.044
Return On Assets
(0.0206) 
The market value of Boeing is measured differently than its book value, which is the value of Boeing that is recorded on the company's balance sheet. Investors also form their own opinion of Boeing's value that differs from its market value or its book value, called intrinsic value, which is Boeing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Boeing's market value can be influenced by many factors that don't directly affect Boeing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Boeing's value and its price as these two are different measures arrived at by different means. Investors typically determine Boeing value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boeing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.