Andfjord Salmon Stock Forward View - Simple Exponential Smoothing

ANDF Stock  NOK 30.00  0.40  1.32%   
Andfjord Stock outlook is based on your current time horizon.
As of now, The value of RSI of Andfjord Salmon's share price is at 56. 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 Andfjord Salmon, making its price go up or down.

Momentum 56

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Andfjord Salmon's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Andfjord Salmon and does not consider all of the tangible or intangible factors available from Andfjord Salmon's fundamental data. We analyze noise-free headlines and recent hype associated with Andfjord Salmon AS, which may create opportunities for some arbitrage if properly timed.
Using Andfjord Salmon hype-based prediction, you can estimate the value of Andfjord Salmon AS from the perspective of Andfjord Salmon response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Andfjord Salmon AS on the next trading day is expected to be 30.00 with a mean absolute deviation of 0.50 and the sum of the absolute errors of 30.40.

Andfjord Salmon after-hype prediction price

    
  NOK 30.0  
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.
  
Check out Historical Fundamental Analysis of Andfjord Salmon to cross-verify your projections.

Andfjord Salmon Additional Predictive Modules

Most predictive techniques to examine Andfjord price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Andfjord using various technical indicators. When you analyze Andfjord 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.
Andfjord Salmon simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Andfjord Salmon AS are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Andfjord Salmon AS prices get older.

Andfjord Salmon Simple Exponential Smoothing Price Forecast For the 22nd of February

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Andfjord Salmon AS on the next trading day is expected to be 30.00 with a mean absolute deviation of 0.50, mean absolute percentage error of 0.56, and the sum of the absolute errors of 30.40.
Please note that although there have been many attempts to predict Andfjord Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Andfjord Salmon's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Andfjord Salmon Stock Forecast Pattern

Backtest Andfjord Salmon  Andfjord Salmon Price Prediction  Research Analysis  

Andfjord Salmon Forecasted Value

In the context of forecasting Andfjord Salmon'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. Andfjord Salmon's downside and upside margins for the forecasting period are 27.17 and 32.83, respectively. We have considered Andfjord Salmon'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
30.00
30.00
Expected Value
32.83
Upside

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 Andfjord Salmon stock data series using in forecasting. Note that when a statistical model is used to represent Andfjord Salmon 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 Criteria117.5365
BiasArithmetic mean of the errors -0.0131
MADMean absolute deviation0.4984
MAPEMean absolute percentage error0.0179
SAESum of the absolute errors30.4
This simple exponential smoothing model begins by setting Andfjord Salmon AS forecast for the second period equal to the observation of the first period. In other words, recent Andfjord Salmon observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Andfjord Salmon

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Andfjord Salmon AS. 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
27.1730.0032.83
Details
Intrinsic
Valuation
LowRealHigh
21.4724.3033.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
17.9930.7443.49
Details

Andfjord Salmon After-Hype Price Density Analysis

As far as predicting the price of Andfjord Salmon 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 Andfjord Salmon 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 Andfjord Salmon, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Andfjord Salmon Estimiated After-Hype Price Volatility

In the context of predicting Andfjord Salmon's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Andfjord Salmon's historical news coverage. Andfjord Salmon's after-hype downside and upside margins for the prediction period are 27.17 and 32.83, respectively. We have considered Andfjord Salmon'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
30.00
30.00
After-hype Price
32.83
Upside
Andfjord Salmon is not too volatile at this time. Analysis and calculation of next after-hype price of Andfjord Salmon AS is based on 3 months time horizon.

Andfjord Salmon Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Andfjord Salmon is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Andfjord Salmon 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 Andfjord Salmon, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.10 
2.83
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
30.00
30.00
0.00 
0.00  
Notes

Andfjord Salmon Hype Timeline

Andfjord Salmon AS is presently traded for 30.00on Oslo Stock Exchange of Norway. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Andfjord is expected 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 expected to be very small, whereas the daily expected return is presently at 0.1%. %. The volatility of related hype on Andfjord Salmon is about 0.0%, with the expected price after the next announcement by competition of 30.00. About 74.0% of the company shares are held by company insiders. The book value of Andfjord Salmon was presently reported as 9.0. The company recorded a loss per share of 0.99. Andfjord Salmon AS had not issued any dividends in recent years. Assuming the 90 days trading horizon the next expected press release will be in 5 to 10 days.
Check out Historical Fundamental Analysis of Andfjord Salmon to cross-verify your projections.

Andfjord Salmon Related Hype Analysis

Having access to credible news sources related to Andfjord Salmon's direct competition is more important than ever and may enhance your ability to predict Andfjord Salmon's future price movements. Getting to know how Andfjord Salmon'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 Andfjord Salmon may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
MASMasoval AS 0.00 0 per month 2.61  0.01  5.68 (4.10) 12.73 
ISLAXIcelandic Salmon As 0.00 0 per month 0.00 (0.12) 3.48 (3.07) 11.36 
SALMESalmon Evolution Holding 0.00 0 per month 0.00 (0.1) 1.64 (2.05) 6.83 
NOHALNordic Halibut AS 0.00 0 per month 2.07  0.03  4.90 (3.40) 17.26 
AFISHArctic Fish Holding 0.00 0 per month 0.00 (0.05) 4.49 (7.84) 21.24 
GIGAGigante Salmon AS 0.00 0 per month 0.00 (0.08) 3.39 (4.26) 13.13 
NCODNorcod As 0.00 0 per month 0.00 (0.09) 5.00 (6.87) 16.33 
ASAAtlantic Sapphire As 0.00 0 per month 0.00 (0.11) 4.67 (4.69) 30.45 
BARRABarramundi Group 0.00 0 per month 10.41  0.1  30.23 (20.37) 328.88 
GSFGrieg Seafood ASA 0.00 0 per month 1.27  0.02  2.92 (2.08) 6.49 

Other Forecasting Options for Andfjord Salmon

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

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

Andfjord Salmon Market Strength Events

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

Andfjord Salmon Risk Indicators

The analysis of Andfjord Salmon'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 Andfjord Salmon's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting andfjord 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.

Story Coverage note for Andfjord Salmon

The number of cover stories for Andfjord Salmon depends on current market conditions and Andfjord Salmon's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Andfjord Salmon 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 Andfjord Salmon's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Andfjord Salmon Short Properties

Andfjord Salmon's future price predictability will typically decrease when Andfjord Salmon's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Andfjord Salmon AS often depends not only on the future outlook of the potential Andfjord Salmon'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. Andfjord Salmon's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding79.9 M
Cash And Short Term Investments13.9 M

Other Information on Investing in Andfjord Stock

Andfjord Salmon financial ratios help investors to determine whether Andfjord 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 Andfjord with respect to the benefits of owning Andfjord Salmon security.