Cibus Nordic Stock Forecast - Double Exponential Smoothing
| CIBUS Stock | SEK 173.70 2.50 1.46% |
The Double Exponential Smoothing forecasted value of Cibus Nordic Real on the next trading day is expected to be 174.04 with a mean absolute deviation of 2.21 and the sum of the absolute errors of 132.54. Cibus Stock Forecast is based on your current time horizon.
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Cibus Nordic Double Exponential Smoothing Price Forecast For the 25th of January
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Cibus Nordic Real on the next trading day is expected to be 174.04 with a mean absolute deviation of 2.21, mean absolute percentage error of 7.85, and the sum of the absolute errors of 132.54.Please note that although there have been many attempts to predict Cibus 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 Cibus Nordic's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Cibus Nordic Stock Forecast Pattern
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Cibus Nordic Forecasted Value
In the context of forecasting Cibus Nordic'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. Cibus Nordic's downside and upside margins for the forecasting period are 172.46 and 175.61, respectively. We have considered Cibus Nordic'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Cibus Nordic stock data series using in forecasting. Note that when a statistical model is used to represent Cibus Nordic 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 | Huge |
| Bias | Arithmetic mean of the errors | 0.3558 |
| MAD | Mean absolute deviation | 2.209 |
| MAPE | Mean absolute percentage error | 0.0129 |
| SAE | Sum of the absolute errors | 132.5398 |
Predictive Modules for Cibus Nordic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cibus Nordic Real. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cibus Nordic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Cibus Nordic
For every potential investor in Cibus, whether a beginner or expert, Cibus Nordic's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cibus Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cibus. Basic forecasting techniques help filter out the noise by identifying Cibus Nordic's price trends.Cibus Nordic 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 Cibus Nordic stock to make a market-neutral strategy. Peer analysis of Cibus Nordic could also be used in its relative valuation, which is a method of valuing Cibus Nordic by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cibus Nordic Real 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 Cibus Nordic'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 Cibus Nordic's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Cibus Nordic Market Strength Events
Market strength indicators help investors to evaluate how Cibus Nordic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cibus Nordic shares will generate the highest return on investment. By undertsting and applying Cibus Nordic stock market strength indicators, traders can identify Cibus Nordic Real entry and exit signals to maximize returns.
Cibus Nordic Risk Indicators
The analysis of Cibus Nordic'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 Cibus Nordic's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cibus 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 | 1.15 | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.3 |
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.
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Additional Tools for Cibus Stock Analysis
When running Cibus Nordic's price analysis, check to measure Cibus Nordic'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 Cibus Nordic is operating at the current time. Most of Cibus Nordic's value examination focuses on studying past and present price action to predict the probability of Cibus Nordic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cibus Nordic's price. Additionally, you may evaluate how the addition of Cibus Nordic to your portfolios can decrease your overall portfolio volatility.