ASR Nederland Stock Forecast - Naive Prediction

ASRNL Stock  EUR 45.13  0.29  0.65%   
The Naive Prediction forecasted value of ASR Nederland NV on the next trading day is expected to be 45.08 with a mean absolute deviation of 0.40 and the sum of the absolute errors of 24.55. ASR Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ASR Nederland stock prices and determine the direction of ASR Nederland NV's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ASR Nederland's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for ASR Nederland is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of ASR Nederland NV 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.

ASR Nederland Naive Prediction Price Forecast For the 23rd of November

Given 90 days horizon, the Naive Prediction forecasted value of ASR Nederland NV on the next trading day is expected to be 45.08 with a mean absolute deviation of 0.40, mean absolute percentage error of 0.24, and the sum of the absolute errors of 24.55.
Please note that although there have been many attempts to predict ASR 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 ASR Nederland's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ASR Nederland Stock Forecast Pattern

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ASR Nederland Forecasted Value

In the context of forecasting ASR Nederland'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. ASR Nederland's downside and upside margins for the forecasting period are 43.86 and 46.30, respectively. We have considered ASR Nederland'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
45.13
45.08
Expected Value
46.30
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 ASR Nederland stock data series using in forecasting. Note that when a statistical model is used to represent ASR Nederland 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 Criteria116.6656
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4024
MAPEMean absolute percentage error0.0091
SAESum of the absolute errors24.5485
This model is not at all useful as a medium-long range forecasting tool of ASR Nederland NV. 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 ASR Nederland. 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 ASR Nederland

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ASR Nederland NV. 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
43.6244.8446.06
Details
Intrinsic
Valuation
LowRealHigh
36.1437.3649.32
Details
Bollinger
Band Projection (param)
LowMiddleHigh
43.5244.6545.78
Details

Other Forecasting Options for ASR Nederland

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

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

ASR Nederland NV 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 ASR Nederland'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 ASR Nederland's current price.

ASR Nederland Market Strength Events

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

ASR Nederland Risk Indicators

The analysis of ASR Nederland'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 ASR Nederland's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting asr 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in ASR Stock

ASR Nederland financial ratios help investors to determine whether ASR 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 ASR with respect to the benefits of owning ASR Nederland security.