Embraer SA Stock Forecast - Polynomial Regression
| ERJ Stock | USD 24.40 0.11 0.45% |
The Polynomial Regression forecasted value of Embraer SA ADR on the next trading day is expected to be 23.59 with a mean absolute deviation of 0.58 and the sum of the absolute errors of 35.43. Embraer Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Embraer SA stock prices and determine the direction of Embraer SA ADR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Embraer SA's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Embraer SA's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Embraer SA's systematic risk associated with finding meaningful patterns of Embraer SA fundamentals over time.
Check out Historical Fundamental Analysis of Embraer SA to cross-verify your projections. Embraer |
Open Interest Against 2024-04-19 Embraer Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Embraer SA'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 in Embraer SA's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Embraer SA stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Embraer SA's open interest, investors have to compare it to Embraer SA'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 Embraer SA 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 Embraer. 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 Embraer SA 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 Embraer SA's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Embraer SA's price structures and extracts relationships that further increase the generated results' accuracy.
Embraer SA polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Embraer SA ADR as well as the accuracy indicators are determined from the period prices. Embraer SA Polynomial Regression Price Forecast For the 19th of April
Given 90 days horizon, the Polynomial Regression forecasted value of Embraer SA ADR on the next trading day is expected to be 23.59 with a mean absolute deviation of 0.58, mean absolute percentage error of 0.54, and the sum of the absolute errors of 35.43.Please note that although there have been many attempts to predict Embraer 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 Embraer SA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Embraer SA Stock Forecast Pattern
| Backtest Embraer SA | Embraer SA Price Prediction | Buy or Sell Advice |
Embraer SA Forecasted Value
In the context of forecasting Embraer SA'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. Embraer SA's downside and upside margins for the forecasting period are 21.06 and 26.13, respectively. We have considered Embraer SA'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Embraer SA stock data series using in forecasting. Note that when a statistical model is used to represent Embraer SA 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 | 117.4909 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.5809 |
| MAPE | Mean absolute percentage error | 0.0273 |
| SAE | Sum of the absolute errors | 35.4344 |
Predictive Modules for Embraer SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Embraer SA 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Embraer SA'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.
Other Forecasting Options for Embraer SA
For every potential investor in Embraer, whether a beginner or expert, Embraer SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Embraer Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Embraer. Basic forecasting techniques help filter out the noise by identifying Embraer SA's price trends.View Embraer SA Related Equities
| Risk & Return | Correlation |
Embraer SA 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 Embraer SA'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 Embraer SA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Embraer SA Market Strength Events
Market strength indicators help investors to evaluate how Embraer SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Embraer SA shares will generate the highest return on investment. By undertsting and applying Embraer SA stock market strength indicators, traders can identify Embraer SA ADR entry and exit signals to maximize returns.
Embraer SA Risk Indicators
The analysis of Embraer SA'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 Embraer SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting embraer 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 | 1.74 | |||
| Semi Deviation | 1.38 | |||
| Standard Deviation | 2.53 | |||
| Variance | 6.39 | |||
| Downside Variance | 3.09 | |||
| Semi Variance | 1.9 | |||
| Expected Short fall | (2.10) |
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.
Embraer SA Investors Sentiment
The influence of Embraer SA's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Embraer. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Embraer SA's public news can be used to forecast risks associated with an investment in Embraer. The trend in average sentiment can be used to explain how an investor holding Embraer can time the market purely based on public headlines and social activities around Embraer SA ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Embraer SA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Embraer SA's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Embraer SA's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Embraer SA.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Embraer SA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Embraer SA's short interest history, or implied volatility extrapolated from Embraer SA options trading.
Pair Trading with Embraer SA
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 Embraer SA 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 Embraer SA will appreciate offsetting losses from the drop in the long position's value.Moving together with Embraer Stock
| 0.92 | CW | Curtiss Wright Financial Report 1st of May 2024 | PairCorr |
| 0.9 | EH | Ehang Holdings Buyout Trend | PairCorr |
| 0.84 | GD | General Dynamics Earnings Call This Week | PairCorr |
Moving against Embraer Stock
| 0.9 | AZ | A2Z Smart Technologies | PairCorr |
| 0.83 | BA | Boeing Earnings Call This Week | PairCorr |
| 0.78 | EVEX | Eve Holding Financial Report 14th of May 2024 | PairCorr |
| 0.67 | DPRO | Draganfly Financial Report 14th of May 2024 | PairCorr |
| 0.52 | CVU | CPI Aerostructures | PairCorr |
The ability to find closely correlated positions to Embraer SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Embraer SA 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 Embraer SA - 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 Embraer SA ADR to buy it.
The correlation of Embraer SA is a statistical measure of how it moves in relation to other instruments. 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 Embraer SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Embraer SA ADR 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 Embraer SA 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.Check out Historical Fundamental Analysis of Embraer SA to cross-verify your projections. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Embraer Stock analysis
When running Embraer SA's price analysis, check to measure Embraer SA'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 Embraer SA is operating at the current time. Most of Embraer SA's value examination focuses on studying past and present price action to predict the probability of Embraer SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Embraer SA's price. Additionally, you may evaluate how the addition of Embraer SA to your portfolios can decrease your overall portfolio volatility.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Embraer SA'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 Embraer SA. If investors know Embraer 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 Embraer SA 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 6.92 | Earnings Share 0.88 | Revenue Per Share 142.168 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0171 |
The market value of Embraer SA ADR is measured differently than its book value, which is the value of Embraer that is recorded on the company's balance sheet. Investors also form their own opinion of Embraer SA's value that differs from its market value or its book value, called intrinsic value, which is Embraer SA'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 Embraer SA's market value can be influenced by many factors that don't directly affect Embraer SA'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 Embraer SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Embraer SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Embraer SA'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.