NEXTEER AUTOMOTIVE Stock Forecast - Simple Exponential Smoothing
| 8NX Stock | EUR 0.72 0.00 0.00% |
The Simple Exponential Smoothing forecasted value of NEXTEER AUTOMOTIVE on the next trading day is expected to be 0.72 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.34. NEXTEER Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of NEXTEER AUTOMOTIVE's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 6th of January 2026, the value of RSI of NEXTEER AUTOMOTIVE's share price is approaching 32. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling NEXTEER AUTOMOTIVE, making its price go up or down. Momentum 32
Sell Stretched
Oversold | Overbought |
Using NEXTEER AUTOMOTIVE hype-based prediction, you can estimate the value of NEXTEER AUTOMOTIVE from the perspective of NEXTEER AUTOMOTIVE response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of NEXTEER AUTOMOTIVE on the next trading day is expected to be 0.72 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.34. NEXTEER AUTOMOTIVE after-hype prediction price | EUR 0.72 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
NEXTEER |
NEXTEER AUTOMOTIVE Additional Predictive Modules
Most predictive techniques to examine NEXTEER price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NEXTEER using various technical indicators. When you analyze NEXTEER charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
NEXTEER AUTOMOTIVE Simple Exponential Smoothing Price Forecast For the 7th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of NEXTEER AUTOMOTIVE on the next trading day is expected to be 0.72 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0008, and the sum of the absolute errors of 1.34.Please note that although there have been many attempts to predict NEXTEER 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 NEXTEER AUTOMOTIVE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
NEXTEER AUTOMOTIVE Stock Forecast Pattern
| Backtest NEXTEER AUTOMOTIVE | NEXTEER AUTOMOTIVE Price Prediction | Buy or Sell Advice |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of NEXTEER AUTOMOTIVE stock data series using in forecasting. Note that when a statistical model is used to represent NEXTEER AUTOMOTIVE 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 | 109.1638 |
| Bias | Arithmetic mean of the errors | 0.0041 |
| MAD | Mean absolute deviation | 0.0223 |
| MAPE | Mean absolute percentage error | 0.0307 |
| SAE | Sum of the absolute errors | 1.3361 |
Predictive Modules for NEXTEER AUTOMOTIVE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NEXTEER AUTOMOTIVE. 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.NEXTEER AUTOMOTIVE 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 NEXTEER AUTOMOTIVE stock to make a market-neutral strategy. Peer analysis of NEXTEER AUTOMOTIVE could also be used in its relative valuation, which is a method of valuing NEXTEER AUTOMOTIVE by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NEXTEER AUTOMOTIVE Market Strength Events
Market strength indicators help investors to evaluate how NEXTEER AUTOMOTIVE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEXTEER AUTOMOTIVE shares will generate the highest return on investment. By undertsting and applying NEXTEER AUTOMOTIVE stock market strength indicators, traders can identify NEXTEER AUTOMOTIVE entry and exit signals to maximize returns.
Currently Active Assets on Macroaxis
Other Information on Investing in NEXTEER Stock
NEXTEER AUTOMOTIVE financial ratios help investors to determine whether NEXTEER 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 NEXTEER with respect to the benefits of owning NEXTEER AUTOMOTIVE security.