Energy Focu Stock Forecast - Simple Regression
| EFOI Stock | USD 1.43 0.03 2.14% |
The Simple Regression forecasted value of Energy Focu on the next trading day is expected to be 1.58 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 12.40. Energy Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Energy Focu stock prices and determine the direction of Energy Focu's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Energy Focu's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Energy Focu to cross-verify your projections. Energy |
Most investors in Energy Focu 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 Energy Focu's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Energy Focu's price structures and extracts relationships that further increase the generated results' accuracy.
Simple Regression model is a single variable regression model that attempts to put a straight line through Energy Focu price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X. Energy Focu Simple Regression Price Forecast For the 25th of April
Given 90 days horizon, the Simple Regression forecasted value of Energy Focu on the next trading day is expected to be 1.58 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.07, and the sum of the absolute errors of 12.40.Please note that although there have been many attempts to predict Energy 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 Energy Focu's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Energy Focu Stock Forecast Pattern
| Backtest Energy Focu | Energy Focu Price Prediction | Buy or Sell Advice |
Energy Focu Forecasted Value
In the context of forecasting Energy Focu'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. Energy Focu's downside and upside margins for the forecasting period are 0.01 and 12.64, respectively. We have considered Energy Focu'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 Regression forecasting method's relative quality and the estimations of the prediction error of Energy Focu stock data series using in forecasting. Note that when a statistical model is used to represent Energy Focu 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 | 115.4655 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2033 |
| MAPE | Mean absolute percentage error | 0.1266 |
| SAE | Sum of the absolute errors | 12.4022 |
Predictive Modules for Energy Focu
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Energy Focu. 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 Energy Focu'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 Energy Focu
For every potential investor in Energy, whether a beginner or expert, Energy Focu's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Energy Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Energy. Basic forecasting techniques help filter out the noise by identifying Energy Focu's price trends.Energy Focu 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 Energy Focu stock to make a market-neutral strategy. Peer analysis of Energy Focu could also be used in its relative valuation, which is a method of valuing Energy Focu by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Energy Focu 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 Energy Focu'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 Energy Focu's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Energy Focu Market Strength Events
Market strength indicators help investors to evaluate how Energy Focu stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Energy Focu shares will generate the highest return on investment. By undertsting and applying Energy Focu stock market strength indicators, traders can identify Energy Focu entry and exit signals to maximize returns.
Energy Focu Risk Indicators
The analysis of Energy Focu'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 Energy Focu's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting energy 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 | 5.16 | |||
| Semi Deviation | 4.67 | |||
| Standard Deviation | 11.06 | |||
| Variance | 122.35 | |||
| Downside Variance | 29.27 | |||
| Semi Variance | 21.84 | |||
| Expected Short fall | (7.72) |
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.
Pair Trading with Energy Focu
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 Energy Focu 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 Energy Focu will appreciate offsetting losses from the drop in the long position's value.Moving against Energy Stock
| 0.54 | VIRC | Virco Manufacturing Report 26th of April 2024 | PairCorr |
The ability to find closely correlated positions to Energy Focu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Focu 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 Energy Focu - 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 Energy Focu to buy it.
The correlation of Energy Focu 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 Energy Focu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Focu 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 Energy Focu 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 Energy Focu to cross-verify your projections. For more detail on how to invest in Energy Stock please use our How to Invest in Energy Focu guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Energy Stock analysis
When running Energy Focu's price analysis, check to measure Energy Focu'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 Energy Focu is operating at the current time. Most of Energy Focu's value examination focuses on studying past and present price action to predict the probability of Energy Focu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Focu's price. Additionally, you may evaluate how the addition of Energy Focu to your portfolios can decrease your overall portfolio volatility.
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Is Energy Focu'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 Energy Focu. If investors know Energy 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 Energy Focu listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Energy Focu is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Focu's value that differs from its market value or its book value, called intrinsic value, which is Energy Focu'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 Energy Focu's market value can be influenced by many factors that don't directly affect Energy Focu'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 Energy Focu's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Focu is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Focu'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.