Edap Tms Stock Forecast - Naive Prediction

EDAP -  USA Stock  

USD 6.13  0.05  0.82%

Edap Tms Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Edap Tms historical stock prices and determine the direction of Edap Tms Sa'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 Edap Tms historical fundamentals such as revenue growth or operating cash flow patterns. Although Edap Tms naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Edap Tms Sa systematic risk associated with finding meaningful patterns of Edap Tms fundamentals over time.
Continue to Historical Fundamental Analysis of Edap Tms to cross-verify your projections.

Edap Tms Stock Forecast 

 
Refresh
As of 21st of October 2021, Asset Turnover is likely to grow to 0.87. As of 21st of October 2021, Issuance Purchase of Equity Shares is likely to grow to about 61.6 K, while Weighted Average Shares is likely to drop about 28.9 M.

Open Interest Agains t 2021-11-19 Edap Tms Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Edap Tms' 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 Edap Tms' options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Edap Tms 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 Edap Tms' open interest, investors have to compare it to Edap Tms' 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 Edap Tms 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 Edap Tms. 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 Edap Tms 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 Edap Tms' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Edap Tms' price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Edap Tms is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Edap Tms Sa 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.

Edap Tms Naive Prediction Price Forecast For the 22nd of October

Given 90 days horizon, the Naive Prediction forecasted value of Edap Tms Sa on the next trading day is expected to be 6.24 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.019251, and the sum of the absolute errors of 6.80. Please note that although there have been many attempts to predict Edap Tms 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 Edap Tms' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Edap Tms Stock Forecast Pattern

Backtest Edap TmsEdap Tms Price PredictionBuy or Sell Advice 

Edap Tms Forecasted Value

In the context of forecasting Edap Tms' 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. Edap Tms' downside and upside margins for the forecasting period are 3.94 and 8.55, respectively. We have considered Edap Tms' 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
6.13
21st of October 2021
6.24
Expected Value
8.55
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 Edap Tms stock data series using in forecasting. Note that when a statistical model is used to represent Edap Tms 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 Criteria115.9982
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1097
MAPEMean absolute percentage error0.0182
SAESum of the absolute errors6.7999
This model is not at all useful as a medium-long range forecasting tool of Edap Tms Sa. 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 Edap Tms. 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 Edap Tms

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edap Tms Sa. 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 Edap Tms' 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 Edap Tms in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.836.138.43
Details
Intrinsic
Valuation
LowReal ValueHigh
5.207.509.80
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.636.066.49
Details
3 Analysts
Consensus
LowTarget PriceHigh
12.0012.6713.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Edap Tms. Your research has to be compared to or analyzed against Edap Tms' peers to derive any actionable benefits. When done correctly, Edap Tms' 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 Edap Tms Sa.

Other Forecasting Options for Edap Tms

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

View Currently 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 Edap Tms stock to make a market-neutral strategy. Peer analysis of Edap Tms could also be used in its relative valuation, which is a method of valuing Edap Tms by comparing valuation metrics with similar companies.

Edap Tms Sa 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 Edap Tms' 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 Edap Tms' current price.

Edap Tms Risk Indicators

The analysis of Edap Tms' 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 Edap Tms' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Edap Tms 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 Edap Tms without increasing your portfolio risk or giving up 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.

Did you try this?

Run Focused Opportunities Now

   

Focused Opportunities

Build portfolios using our predefined set of ideas and optimize them against your investing preferences
All  Next Launch Module

Pair Trading with Edap Tms

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 Edap Tms 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 Edap Tms will appreciate offsetting losses from the drop in the long position's value.

Edap Tms Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Edap Tms and Bio-Rad Laboratories. 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
Run Pair Correlation  
Continue to Historical Fundamental Analysis of Edap Tms to cross-verify your projections. Note that the Edap Tms Sa information on this page should be used as a complementary analysis to other Edap Tms' 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Edap Tms Stock analysis

When running Edap Tms Sa price analysis, check to measure Edap Tms' 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 Edap Tms is operating at the current time. Most of Edap Tms' value examination focuses on studying past and present price action to predict the probability of Edap Tms' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Edap Tms' price. Additionally, you may evaluate how the addition of Edap Tms to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
The market value of Edap Tms Sa is measured differently than its book value, which is the value of Edap Tms that is recorded on the company's balance sheet. Investors also form their own opinion of Edap Tms' value that differs from its market value or its book value, called intrinsic value, which is Edap Tms' 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 Edap Tms' market value can be influenced by many factors that don't directly affect Edap Tms Sa underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edap Tms' value and its price as these two are different measures arrived at by different means. Investors typically determine Edap Tms value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edap Tms' 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.