Amplitude Surgical Stock Forecast - Naive Prediction

AMPLI Stock  EUR 3.24  0.18  5.88%   
The Naive Prediction forecasted value of Amplitude Surgical SAS on the next trading day is expected to be 3.19 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 3.10. Amplitude Stock Forecast is based on your current time horizon.
  
A naive forecasting model for Amplitude Surgical is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Amplitude Surgical SAS value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Amplitude Surgical Naive Prediction Price Forecast For the 25th of November

Given 90 days horizon, the Naive Prediction forecasted value of Amplitude Surgical SAS on the next trading day is expected to be 3.19 with a mean absolute deviation of 0.05, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.10.
Please note that although there have been many attempts to predict Amplitude 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 Amplitude Surgical's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Amplitude Surgical Stock Forecast Pattern

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Amplitude Surgical Forecasted Value

In the context of forecasting Amplitude Surgical'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. Amplitude Surgical's downside and upside margins for the forecasting period are 0.81 and 5.57, respectively. We have considered Amplitude Surgical'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
3.24
3.19
Expected Value
5.57
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Amplitude Surgical stock data series using in forecasting. Note that when a statistical model is used to represent Amplitude Surgical 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 Criteria112.8472
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0509
MAPEMean absolute percentage error0.016
SAESum of the absolute errors3.1043
This model is not at all useful as a medium-long range forecasting tool of Amplitude Surgical SAS. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Amplitude Surgical. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Amplitude Surgical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amplitude Surgical SAS. 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
0.863.245.62
Details
Intrinsic
Valuation
LowRealHigh
0.342.725.10
Details

Other Forecasting Options for Amplitude Surgical

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

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

Amplitude Surgical SAS 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 Amplitude Surgical'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 Amplitude Surgical's current price.

Amplitude Surgical Market Strength Events

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

Amplitude Surgical Risk Indicators

The analysis of Amplitude Surgical'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 Amplitude Surgical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amplitude 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.

Additional Tools for Amplitude Stock Analysis

When running Amplitude Surgical's price analysis, check to measure Amplitude Surgical's 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 Amplitude Surgical is operating at the current time. Most of Amplitude Surgical's value examination focuses on studying past and present price action to predict the probability of Amplitude Surgical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amplitude Surgical's price. Additionally, you may evaluate how the addition of Amplitude Surgical to your portfolios can decrease your overall portfolio volatility.