Basic Fit Stock Forward View - Simple Moving Average
| BFIT Stock | EUR 31.64 0.36 1.12% |
Basic Stock outlook is based on your current time horizon.
The relative strength indicator of Basic Fit's stock price is slightly above 60 suggesting that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Basic, making its price go up or down. Momentum 60
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth 0.478 | EPS Estimate Current Year 0.2979 | EPS Estimate Next Year 1.2388 | Wall Street Target Price 32.5625 | Quarterly Revenue Growth 0.158 |
Using Basic Fit hype-based prediction, you can estimate the value of Basic Fit NV from the perspective of Basic Fit response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Basic Fit NV on the next trading day is expected to be 31.64 with a mean absolute deviation of 0.46 and the sum of the absolute errors of 27.77. Basic Fit after-hype prediction price | EUR 31.64 |
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.
Basic |
Basic Fit Additional Predictive Modules
Most predictive techniques to examine Basic price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Basic using various technical indicators. When you analyze Basic 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 |
Basic Fit Simple Moving Average Price Forecast For the 5th of February
Given 90 days horizon, the Simple Moving Average forecasted value of Basic Fit NV on the next trading day is expected to be 31.64 with a mean absolute deviation of 0.46, mean absolute percentage error of 0.47, and the sum of the absolute errors of 27.77.Please note that although there have been many attempts to predict Basic 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 Basic Fit's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Basic Fit Stock Forecast Pattern
| Backtest Basic Fit | Basic Fit Price Prediction | Research Analysis |
Basic Fit Forecasted Value
In the context of forecasting Basic Fit'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. Basic Fit's downside and upside margins for the forecasting period are 29.45 and 33.83, respectively. We have considered Basic Fit'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 Moving Average forecasting method's relative quality and the estimations of the prediction error of Basic Fit stock data series using in forecasting. Note that when a statistical model is used to represent Basic Fit 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 | 115.5074 |
| Bias | Arithmetic mean of the errors | -0.1942 |
| MAD | Mean absolute deviation | 0.4628 |
| MAPE | Mean absolute percentage error | 0.0161 |
| SAE | Sum of the absolute errors | 27.77 |
Predictive Modules for Basic Fit
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Basic Fit 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.Basic Fit After-Hype Price Density Analysis
As far as predicting the price of Basic Fit 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 Basic Fit 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 Basic Fit, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Basic Fit Estimiated After-Hype Price Volatility
In the context of predicting Basic Fit's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Basic Fit's historical news coverage. Basic Fit's after-hype downside and upside margins for the prediction period are 29.46 and 33.82, respectively. We have considered Basic Fit'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
Basic Fit is very steady at this time. Analysis and calculation of next after-hype price of Basic Fit NV is based on 3 months time horizon.
Basic Fit Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Basic Fit is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Basic Fit 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 Basic Fit, 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 |
0.49 | 2.19 | 0.28 | 0.02 | 2 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
31.64 | 31.64 | 0.00 |
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Basic Fit Hype Timeline
Basic Fit NV is currently traded for 31.64on Euronext Amsterdam of Netherlands. The entity has historical hype elasticity of -0.28, and average elasticity to hype of competition of 0.02. Basic 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 over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at 0.49%. %. The volatility of related hype on Basic Fit is about 4866.67%, with the expected price after the next announcement by competition of 31.66. About 13.0% of the company shares are held by company insiders. The company has Price/Earnings To Growth (PEG) ratio of 1.45. Basic Fit NV recorded a loss per share of 0.06. The entity had not issued any dividends in recent years. Assuming the 90 days trading horizon the next projected press release will be in a few days. Check out Historical Fundamental Analysis of Basic Fit to cross-verify your projections.Basic Fit Related Hype Analysis
Having access to credible news sources related to Basic Fit's direct competition is more important than ever and may enhance your ability to predict Basic Fit's future price movements. Getting to know how Basic Fit'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 Basic Fit may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| QEV | SPEAR Investments I | 0.00 | 5 per month | 0.00 | (0.45) | 0.00 | 0.00 | 1.45 | |
| FAST | Fastned BV | 0.15 | 5 per month | 0.00 | (0.10) | 1.60 | (2.12) | 6.84 | |
| KENDR | Kendrion NV | 0.12 | 4 per month | 1.00 | 0.12 | 2.67 | (2.33) | 8.17 | |
| EBUS | Ebusco Holding BV | 0.02 | 3 per month | 0.00 | (0.11) | 4.76 | (4.65) | 19.06 | |
| CABKA | Cabka NV | 0.03 | 4 per month | 0.00 | (0.06) | 4.38 | (4.35) | 13.84 | |
| ALX | Alumexx NV | (0.05) | 3 per month | 1.95 | 0.07 | 4.55 | (3.65) | 10.84 |
Other Forecasting Options for Basic Fit
For every potential investor in Basic, whether a beginner or expert, Basic Fit's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Basic Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Basic. Basic forecasting techniques help filter out the noise by identifying Basic Fit's price trends.Basic Fit 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 Basic Fit stock to make a market-neutral strategy. Peer analysis of Basic Fit could also be used in its relative valuation, which is a method of valuing Basic Fit by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Basic Fit Market Strength Events
Market strength indicators help investors to evaluate how Basic Fit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Basic Fit shares will generate the highest return on investment. By undertsting and applying Basic Fit stock market strength indicators, traders can identify Basic Fit NV entry and exit signals to maximize returns.
| Accumulation Distribution | 1429.01 | |||
| Daily Balance Of Power | (0.64) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 31.82 | |||
| Day Typical Price | 31.76 | |||
| Price Action Indicator | (0.36) | |||
| Period Momentum Indicator | (0.36) | |||
| Relative Strength Index | 60.43 |
Basic Fit Risk Indicators
The analysis of Basic Fit'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 Basic Fit's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting basic 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 | 1.52 | |||
| Semi Deviation | 1.52 | |||
| Standard Deviation | 2.21 | |||
| Variance | 4.9 | |||
| Downside Variance | 3.49 | |||
| Semi Variance | 2.33 | |||
| Expected Short fall | (1.62) |
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 Basic Fit
The number of cover stories for Basic Fit depends on current market conditions and Basic Fit's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Basic Fit 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 Basic Fit'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
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Basic Fit Short Properties
Basic Fit's future price predictability will typically decrease when Basic Fit's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Basic Fit NV often depends not only on the future outlook of the potential Basic Fit'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. Basic Fit's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 71.9 M | |
| Cash And Short Term Investments | 56.1 M |
Additional Tools for Basic Stock Analysis
When running Basic Fit's price analysis, check to measure Basic Fit'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 Basic Fit is operating at the current time. Most of Basic Fit's value examination focuses on studying past and present price action to predict the probability of Basic Fit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Basic Fit's price. Additionally, you may evaluate how the addition of Basic Fit to your portfolios can decrease your overall portfolio volatility.