Axactor SE Stock Forecast - Simple Regression
| ACR Stock | NOK 8.22 0.06 0.72% |
Axactor Stock outlook is based on your current time horizon.
As of now, The value of RSI of Axactor SE's share price is at 59. This suggests that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Axactor SE, making its price go up or down. Momentum 59
Buy Extended
Oversold | Overbought |
Using Axactor SE hype-based prediction, you can estimate the value of Axactor SE from the perspective of Axactor SE response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Axactor SE on the next trading day is expected to be 8.14 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 10.88. Axactor SE after-hype prediction price | NOK 8.22 |
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.
Axactor |
Axactor SE Additional Predictive Modules
Most predictive techniques to examine Axactor price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Axactor using various technical indicators. When you analyze Axactor 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 |
Axactor SE Simple Regression Price Forecast For the 29th of January
Given 90 days horizon, the Simple Regression forecasted value of Axactor SE on the next trading day is expected to be 8.14 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.88.Please note that although there have been many attempts to predict Axactor 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 Axactor SE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Axactor SE Stock Forecast Pattern
| Backtest Axactor SE | Axactor SE Price Prediction | Buy or Sell Advice |
Axactor SE Forecasted Value
In the context of forecasting Axactor SE'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. Axactor SE's downside and upside margins for the forecasting period are 6.13 and 10.15, respectively. We have considered Axactor SE'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 Axactor SE stock data series using in forecasting. Note that when a statistical model is used to represent Axactor SE 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 | 116.9287 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1755 |
| MAPE | Mean absolute percentage error | 0.0238 |
| SAE | Sum of the absolute errors | 10.8825 |
Predictive Modules for Axactor SE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Axactor SE. 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.Axactor SE After-Hype Price Density Analysis
As far as predicting the price of Axactor SE at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Axactor SE or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Axactor SE, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Axactor SE Estimiated After-Hype Price Volatility
In the context of predicting Axactor SE's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Axactor SE's historical news coverage. Axactor SE's after-hype downside and upside margins for the prediction period are 6.21 and 10.23, respectively. We have considered Axactor SE's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Axactor SE is somewhat reliable at this time. Analysis and calculation of next after-hype price of Axactor SE is based on 3 months time horizon.
Axactor SE Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Axactor SE is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Axactor SE backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Axactor SE, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.27 | 2.01 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
8.22 | 8.22 | 0.00 |
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Axactor SE Hype Timeline
Axactor SE is presently traded for 8.22on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Axactor is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is presently at 0.27%. %. The volatility of related hype on Axactor SE is about 0.0%, with the expected price after the next announcement by competition of 8.22. About 57.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.43. Some equities with similar Price to Book (P/B) outperform the market in the long run. Axactor SE recorded a loss per share of 1.36. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 31st of May 2018. Assuming the 90 days trading horizon the next projected press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Axactor SE to cross-verify your projections.Axactor SE Related Hype Analysis
Having access to credible news sources related to Axactor SE's direct competition is more important than ever and may enhance your ability to predict Axactor SE's future price movements. Getting to know how Axactor SE's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Axactor SE may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SNOR | Sparebank 1 Nordvest | 0.00 | 0 per month | 1.23 | (0.04) | 1.81 | (2.18) | 6.78 | |
| SPOG | Sparebanken Ost | 0.00 | 0 per month | 1.25 | 0.03 | 1.67 | (2.45) | 8.03 | |
| INSTA | Instabank ASA | 0.00 | 0 per month | 0.98 | 0.10 | 2.53 | (1.86) | 7.00 | |
| MOBA | Morrow Bank ASA | 0.00 | 0 per month | 1.76 | 0.02 | 4.95 | (2.94) | 10.00 | |
| AURG | Aurskog Sparebank | 0.00 | 0 per month | 1.11 | 0.04 | 2.44 | (2.28) | 8.94 | |
| ABG | ABG Sundal Collier | 0.00 | 0 per month | 0.69 | 0.11 | 2.64 | (1.43) | 6.72 | |
| NBX | Norwegian Block Exchange | 0.00 | 0 per month | 3.94 | (0.01) | 7.89 | (6.67) | 25.18 | |
| VVL | Voss Veksel og | 0.00 | 0 per month | 1.04 | (0.01) | 2.15 | (2.56) | 5.18 | |
| AKH | Aker Horizons AS | 0.00 | 0 per month | 0.00 | (0.09) | 8.82 | (6.82) | 32.50 | |
| SKUE | Skue Sparebank | 0.00 | 0 per month | 0.86 | 0.06 | 1.57 | (1.73) | 4.82 |
Other Forecasting Options for Axactor SE
For every potential investor in Axactor, whether a beginner or expert, Axactor SE's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Axactor Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Axactor. Basic forecasting techniques help filter out the noise by identifying Axactor SE's price trends.Axactor SE 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 Axactor SE stock to make a market-neutral strategy. Peer analysis of Axactor SE could also be used in its relative valuation, which is a method of valuing Axactor SE by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Axactor SE Market Strength Events
Market strength indicators help investors to evaluate how Axactor SE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axactor SE shares will generate the highest return on investment. By undertsting and applying Axactor SE stock market strength indicators, traders can identify Axactor SE entry and exit signals to maximize returns.
Axactor SE Risk Indicators
The analysis of Axactor SE'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 Axactor SE's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting axactor 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 | 1.51 | |||
| Semi Deviation | 1.49 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.3 | |||
| Downside Variance | 3.11 | |||
| Semi Variance | 2.23 | |||
| Expected Short fall | (1.91) |
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.
Story Coverage note for Axactor SE
The number of cover stories for Axactor SE depends on current market conditions and Axactor SE's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Axactor SE is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Axactor SE's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Axactor SE Short Properties
Axactor SE's future price predictability will typically decrease when Axactor SE's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Axactor SE often depends not only on the future outlook of the potential Axactor SE's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Axactor SE's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 302.1 M | |
| Cash And Short Term Investments | 41.6 M |
Other Information on Investing in Axactor Stock
Axactor SE financial ratios help investors to determine whether Axactor 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 Axactor with respect to the benefits of owning Axactor SE security.