ACS Actividades Stock Forecast - Simple Regression

ACS Stock  EUR 42.70  0.42  0.99%   
The Simple Regression forecasted value of ACS Actividades de on the next trading day is expected to be 43.68 with a mean absolute deviation of 0.84 and the sum of the absolute errors of 51.33. ACS Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ACS Actividades stock prices and determine the direction of ACS Actividades de's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ACS Actividades' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through ACS Actividades 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.

ACS Actividades Simple Regression Price Forecast For the 23rd of November

Given 90 days horizon, the Simple Regression forecasted value of ACS Actividades de on the next trading day is expected to be 43.68 with a mean absolute deviation of 0.84, mean absolute percentage error of 1.05, and the sum of the absolute errors of 51.33.
Please note that although there have been many attempts to predict ACS 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 ACS Actividades' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ACS Actividades Stock Forecast Pattern

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ACS Actividades Forecasted Value

In the context of forecasting ACS Actividades' 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. ACS Actividades' downside and upside margins for the forecasting period are 42.80 and 44.56, respectively. We have considered ACS Actividades' 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
42.70
43.68
Expected Value
44.56
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 ACS Actividades stock data series using in forecasting. Note that when a statistical model is used to represent ACS Actividades 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 Criteria118.1569
BiasArithmetic mean of the errors None
MADMean absolute deviation0.8415
MAPEMean absolute percentage error0.0198
SAESum of the absolute errors51.3331
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 ACS Actividades de 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 ACS Actividades

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ACS Actividades de. 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.
Hype
Prediction
LowEstimatedHigh
41.8242.7043.58
Details
Intrinsic
Valuation
LowRealHigh
41.6542.5343.42
Details
Bollinger
Band Projection (param)
LowMiddleHigh
40.9643.0845.19
Details

Other Forecasting Options for ACS Actividades

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

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

ACS Actividades de 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 ACS Actividades' 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 ACS Actividades' current price.

ACS Actividades Market Strength Events

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

ACS Actividades Risk Indicators

The analysis of ACS Actividades' 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 ACS Actividades' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting acs 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in ACS Stock

ACS Actividades financial ratios help investors to determine whether ACS 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 ACS with respect to the benefits of owning ACS Actividades security.