Realord Group Stock Forecast - Simple Regression

CUV Stock  EUR 0.84  0.02  2.33%   
The Simple Regression forecasted value of Realord Group Holdings on the next trading day is expected to be 0.94 with a mean absolute deviation of 0.05 and the sum of the absolute errors of 2.83. Realord Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Realord Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Realord Group price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Realord Group Simple Regression Price Forecast For the 19th of December

Given 90 days horizon, the Simple Regression forecasted value of Realord Group Holdings on the next trading day is expected to be 0.94 with a mean absolute deviation of 0.05, mean absolute percentage error of 0, and the sum of the absolute errors of 2.83.
Please note that although there have been many attempts to predict Realord 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 Realord Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Realord Group Stock Forecast Pattern

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Realord Group Forecasted Value

In the context of forecasting Realord 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. Realord Group's downside and upside margins for the forecasting period are 0.01 and 3.97, respectively. We have considered Realord 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
0.84
0.94
Expected Value
3.97
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Realord Group stock data series using in forecasting. Note that when a statistical model is used to represent Realord 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 Criteria114.0779
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0457
MAPEMean absolute percentage error0.0586
SAESum of the absolute errors2.8322
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Realord Group Holdings historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Realord 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 Realord Group Holdings. 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
0.040.843.87
Details
Intrinsic
Valuation
LowRealHigh
0.030.673.70
Details

Other Forecasting Options for Realord Group

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

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

Realord Group Holdings 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 Realord Group'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 Realord Group's current price.

Realord Group Market Strength Events

Market strength indicators help investors to evaluate how Realord 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 Realord Group shares will generate the highest return on investment. By undertsting and applying Realord Group stock market strength indicators, traders can identify Realord Group Holdings entry and exit signals to maximize returns.

Realord Group Risk Indicators

The analysis of Realord 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 Realord Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting realord 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.

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Other Information on Investing in Realord Stock

Realord Group financial ratios help investors to determine whether Realord 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 Realord with respect to the benefits of owning Realord Group security.