Sano Brunos Stock Forecast - Simple Regression

SANO1 Stock   34,500  230.00  0.67%   
The Simple Regression forecasted value of Sano Brunos Enterprises on the next trading day is expected to be 33,672 with a mean absolute deviation of  1,108  and the sum of the absolute errors of 67,590. Sano Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sano Brunos stock prices and determine the direction of Sano Brunos Enterprises's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sano Brunos' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Sano Brunos to cross-verify your projections.
  
Most investors in Sano Brunos 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 Sano Brunos' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sano Brunos' 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 Sano Brunos 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.

Sano Brunos Simple Regression Price Forecast For the 20th of April

Given 90 days horizon, the Simple Regression forecasted value of Sano Brunos Enterprises on the next trading day is expected to be 33,672 with a mean absolute deviation of 1,108, mean absolute percentage error of 1,938,442, and the sum of the absolute errors of 67,590.
Please note that although there have been many attempts to predict Sano 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 Sano Brunos' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sano Brunos Stock Forecast Pattern

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Sano Brunos Forecasted Value

In the context of forecasting Sano Brunos' 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. Sano Brunos' downside and upside margins for the forecasting period are 33,670 and 33,673, respectively. We have considered Sano Brunos' 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
34,500
33,670
Downside
33,672
Expected Value
33,673
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 Sano Brunos stock data series using in forecasting. Note that when a statistical model is used to represent Sano Brunos 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 Criteria132.5879
BiasArithmetic mean of the errors None
MADMean absolute deviation1108.0378
MAPEMean absolute percentage error0.0365
SAESum of the absolute errors67590.3085
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 Sano Brunos Enterprises 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 Sano Brunos

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sano Brunos Enterprises. 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 Sano Brunos' 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
34,49834,50034,502
Details
Intrinsic
Valuation
LowRealHigh
31,05038,52338,525
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sano Brunos. Your research has to be compared to or analyzed against Sano Brunos' peers to derive any actionable benefits. When done correctly, Sano Brunos' 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 Sano Brunos Enterprises.

Other Forecasting Options for Sano Brunos

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

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

Sano Brunos Enterprises 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 Sano Brunos' 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 Sano Brunos' current price.

Sano Brunos Market Strength Events

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

Sano Brunos Risk Indicators

The analysis of Sano Brunos' 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 Sano Brunos' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sano 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.
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 Sano Brunos 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, Sano Brunos' short interest history, or implied volatility extrapolated from Sano Brunos options trading.

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Check out Historical Fundamental Analysis of Sano Brunos to cross-verify your projections.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Sano Stock analysis

When running Sano Brunos' price analysis, check to measure Sano Brunos' 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 Sano Brunos is operating at the current time. Most of Sano Brunos' value examination focuses on studying past and present price action to predict the probability of Sano Brunos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sano Brunos' price. Additionally, you may evaluate how the addition of Sano Brunos to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Sano Brunos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sano Brunos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sano Brunos' 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.