KERINGUNSPADR 1/10 Stock Forecast - Simple Regression

PPXB Stock  EUR 30.60  0.20  0.65%   
The Simple Regression forecasted value of KERINGUNSPADR 110 EO on the next trading day is expected to be 29.52 with a mean absolute deviation of 1.50 and the sum of the absolute errors of 91.33. KERINGUNSPADR Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of KERINGUNSPADR 1/10's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Most investors in KERINGUNSPADR 1/10 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 KERINGUNSPADR 1/10's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets KERINGUNSPADR 1/10'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 KERINGUNSPADR 1/10 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.

KERINGUNSPADR 1/10 Simple Regression Price Forecast For the 19th of June

Given 90 days horizon, the Simple Regression forecasted value of KERINGUNSPADR 110 EO on the next trading day is expected to be 29.52 with a mean absolute deviation of 1.50, mean absolute percentage error of 3.21, and the sum of the absolute errors of 91.33.
Please note that although there have been many attempts to predict KERINGUNSPADR 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 KERINGUNSPADR 1/10's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

KERINGUNSPADR 1/10 Stock Forecast Pattern

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KERINGUNSPADR 1/10 Forecasted Value

In the context of forecasting KERINGUNSPADR 1/10'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. KERINGUNSPADR 1/10's downside and upside margins for the forecasting period are 26.87 and 32.17, respectively. We have considered KERINGUNSPADR 1/10'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
30.60
29.52
Expected Value
32.17
Upside

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 KERINGUNSPADR 1/10 stock data series using in forecasting. Note that when a statistical model is used to represent KERINGUNSPADR 1/10 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 Criteria119.2767
BiasArithmetic mean of the errors None
MADMean absolute deviation1.4971
MAPEMean absolute percentage error0.0438
SAESum of the absolute errors91.3255
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as KERINGUNSPADR 110 EO historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for KERINGUNSPADR 1/10

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KERINGUNSPADR 1/10. 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 KERINGUNSPADR 1/10'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.
Hype
Prediction
LowEstimatedHigh
27.9530.6033.25
Details
Intrinsic
Valuation
LowRealHigh
30.5333.1835.83
Details
Bollinger
Band Projection (param)
LowMiddleHigh
30.3232.0333.74
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as KERINGUNSPADR 1/10. Your research has to be compared to or analyzed against KERINGUNSPADR 1/10's peers to derive any actionable benefits. When done correctly, KERINGUNSPADR 1/10's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in KERINGUNSPADR 1/10.

Other Forecasting Options for KERINGUNSPADR 1/10

For every potential investor in KERINGUNSPADR, whether a beginner or expert, KERINGUNSPADR 1/10's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. KERINGUNSPADR Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in KERINGUNSPADR. Basic forecasting techniques help filter out the noise by identifying KERINGUNSPADR 1/10's price trends.

KERINGUNSPADR 1/10 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 KERINGUNSPADR 1/10 stock to make a market-neutral strategy. Peer analysis of KERINGUNSPADR 1/10 could also be used in its relative valuation, which is a method of valuing KERINGUNSPADR 1/10 by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

KERINGUNSPADR 1/10 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 KERINGUNSPADR 1/10'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 KERINGUNSPADR 1/10's current price.

KERINGUNSPADR 1/10 Market Strength Events

Market strength indicators help investors to evaluate how KERINGUNSPADR 1/10 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading KERINGUNSPADR 1/10 shares will generate the highest return on investment. By undertsting and applying KERINGUNSPADR 1/10 stock market strength indicators, traders can identify KERINGUNSPADR 110 EO entry and exit signals to maximize returns.

KERINGUNSPADR 1/10 Risk Indicators

The analysis of KERINGUNSPADR 1/10'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 KERINGUNSPADR 1/10's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting keringunspadr 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.
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.

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Other Information on Investing in KERINGUNSPADR Stock

KERINGUNSPADR 1/10 financial ratios help investors to determine whether KERINGUNSPADR 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 KERINGUNSPADR with respect to the benefits of owning KERINGUNSPADR 1/10 security.