CMGP GROUP Stock Forward View - Polynomial Regression

CMGP-GROUP   383.00  2.00  0.52%   
The Polynomial Regression forecasted value of CMGP GROUP on the next trading day is expected to be 388.38 with a mean absolute deviation of 7.38 and the sum of the absolute errors of 457.56. Investors can use prediction functions to forecast CMGP GROUP's stock prices and determine the direction of CMGP GROUP's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We suggest always using this module together with an analysis of CMGP GROUP's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. At the present time, The value of RSI of CMGP GROUP's share price is at 58 suggesting 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 CMGP GROUP, making its price go up or down.

Momentum 58

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of CMGP GROUP'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 CMGP GROUP and does not consider all of the tangible or intangible factors available from CMGP GROUP's fundamental data. We analyze noise-free headlines and recent hype associated with CMGP GROUP, which may create opportunities for some arbitrage if properly timed.
Using CMGP GROUP hype-based prediction, you can estimate the value of CMGP GROUP from the perspective of CMGP GROUP response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of CMGP GROUP on the next trading day is expected to be 388.38 with a mean absolute deviation of 7.38 and the sum of the absolute errors of 457.56.

CMGP GROUP after-hype prediction price

    
  MAD 383.0  
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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

CMGP GROUP Additional Predictive Modules

Most predictive techniques to examine CMGP price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CMGP using various technical indicators. When you analyze CMGP 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.
CMGP GROUP polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for CMGP GROUP as well as the accuracy indicators are determined from the period prices.

CMGP GROUP Polynomial Regression Price Forecast For the 28th of February

Given 90 days horizon, the Polynomial Regression forecasted value of CMGP GROUP on the next trading day is expected to be 388.38 with a mean absolute deviation of 7.38, mean absolute percentage error of 88.44, and the sum of the absolute errors of 457.56.
Please note that although there have been many attempts to predict CMGP 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 CMGP GROUP's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CMGP GROUP Stock Forecast Pattern

CMGP GROUP Forecasted Value

In the context of forecasting CMGP GROUP'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. CMGP GROUP's downside and upside margins for the forecasting period are 386.36 and 390.39, respectively. We have considered CMGP GROUP'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
383.00
386.36
Downside
388.38
Expected Value
390.39
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of CMGP GROUP stock data series using in forecasting. Note that when a statistical model is used to represent CMGP GROUP 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 Criteria124.4307
BiasArithmetic mean of the errors None
MADMean absolute deviation7.38
MAPEMean absolute percentage error0.0195
SAESum of the absolute errors457.5602
A single variable polynomial regression model attempts to put a curve through the CMGP GROUP historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for CMGP GROUP

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CMGP GROUP. 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.

CMGP GROUP Estimiated After-Hype Price Volatility

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

CMGP GROUP Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as CMGP GROUP is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CMGP GROUP 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 CMGP GROUP, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.15 
2.01
 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
383.00
383.00
0.00 
0.00  
Notes

CMGP GROUP Hype Timeline

CMGP GROUP is currently traded for 383.00on Casablanca Stock Exchange of Morocco. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. CMGP 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 insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at 0.15%. %. The volatility of related hype on CMGP GROUP is about 0.0%, with the expected price after the next announcement by competition of 383.00. Assuming the 90 days trading horizon the next projected press release will be in 5 to 10 days.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

CMGP GROUP Related Hype Analysis

Having access to credible news sources related to CMGP GROUP's direct competition is more important than ever and may enhance your ability to predict CMGP GROUP's future price movements. Getting to know how CMGP GROUP'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 CMGP GROUP may potentially react to the hype associated with one of its peers.

Other Forecasting Options for CMGP GROUP

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

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

CMGP GROUP Market Strength Events

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

CMGP GROUP Risk Indicators

The analysis of CMGP GROUP'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 CMGP GROUP's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cmgp 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 CMGP GROUP

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

Other Macroaxis Stories

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Additional Tools for CMGP Stock Analysis

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