Eni SPA Stock Forecast - Naive Prediction
| E Stock | USD 39.25 0.21 0.54% |
The Naive Prediction forecasted value of Eni SpA ADR on the next trading day is expected to be 39.46 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 25.35. Eni Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Eni SPA stock prices and determine the direction of Eni SpA ADR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Eni SPA's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time The relative strength index (RSI) of Eni SPA's share price is above 80 suggesting that the stock is significantly overbought by investors. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 92
Buy Peaked
Oversold | Overbought |
Quarterly Earnings Growth 0.5 | EPS Estimate Current Year 3.3059 | EPS Estimate Next Year 3.4743 | Wall Street Target Price 39.3563 | Quarterly Revenue Growth (0.02) |
Using Eni SPA hype-based prediction, you can estimate the value of Eni SpA ADR from the perspective of Eni SPA response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Eni SPA using Eni SPA's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Eni using crowd psychology based on the activity and movement of Eni SPA's stock price.
Eni SPA Short Interest
A significant increase or decrease in Eni SPA's short interest from the previous month could be a good indicator of investor sentiment towards Eni. Short interest can provide insight into the potential direction of Eni SPA stock and how bullish or bearish investors feel about the market overall.
200 Day MA 33.587 | Short Percent 0.001 | Short Ratio 4.36 | Shares Short Prior Month 896.7 K | 50 Day MA 37.361 |
Eni SpA ADR Hype to Price Pattern
Investor biases related to Eni SPA's public news can be used to forecast risks associated with an investment in Eni. The trend in average sentiment can be used to explain how an investor holding Eni can time the market purely based on public headlines and social activities around Eni SpA ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Eni SPA's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Eni SPA.
Eni SPA Implied Volatility | 0.59 |
Eni SPA's implied volatility exposes the market's sentiment of Eni SpA ADR stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Eni SPA's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Eni SPA stock will not fluctuate a lot when Eni SPA's options are near their expiration.
The Naive Prediction forecasted value of Eni SpA ADR on the next trading day is expected to be 39.46 with a mean absolute deviation of 0.41 and the sum of the absolute errors of 25.35. Eni SPA after-hype prediction price | USD 39.25 |
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 Historical Fundamental Analysis of Eni SPA to cross-verify your projections. Open Interest Against 2026-02-20 Eni Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Eni SPA's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Eni SPA's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Eni SPA stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Eni SPA's open interest, investors have to compare it to Eni SPA's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Eni SPA is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Eni. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Eni SPA Additional Predictive Modules
Most predictive techniques to examine Eni price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Eni using various technical indicators. When you analyze Eni 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 |
Eni SPA Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Eni SPA's financial statements to predict how it will affect future prices.
Cash | First Reported 1995-12-31 | Previous Quarter 9.2 B | Current Value 8.9 B | Quarterly Volatility 3.5 B |
Eni SPA Naive Prediction Price Forecast For the 7th of January
Given 90 days horizon, the Naive Prediction forecasted value of Eni SpA ADR on the next trading day is expected to be 39.46 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.24, and the sum of the absolute errors of 25.35.Please note that although there have been many attempts to predict Eni 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 Eni SPA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Eni SPA Stock Forecast Pattern
| Backtest Eni SPA | Eni SPA Price Prediction | Buy or Sell Advice |
Eni SPA Forecasted Value
In the context of forecasting Eni SPA'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. Eni SPA's downside and upside margins for the forecasting period are 38.32 and 40.59, respectively. We have considered Eni SPA'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Eni SPA stock data series using in forecasting. Note that when a statistical model is used to represent Eni SPA 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 | 118.521 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.4089 |
| MAPE | Mean absolute percentage error | 0.0112 |
| SAE | Sum of the absolute errors | 25.3525 |
Predictive Modules for Eni SPA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eni SpA ADR. 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 Eni SPA'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 Eni SPA
For every potential investor in Eni, whether a beginner or expert, Eni SPA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eni Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eni. Basic forecasting techniques help filter out the noise by identifying Eni SPA's price trends.Eni SPA 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 Eni SPA stock to make a market-neutral strategy. Peer analysis of Eni SPA could also be used in its relative valuation, which is a method of valuing Eni SPA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Eni SpA ADR 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 Eni SPA'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 Eni SPA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Eni SPA Market Strength Events
Market strength indicators help investors to evaluate how Eni SPA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eni SPA shares will generate the highest return on investment. By undertsting and applying Eni SPA stock market strength indicators, traders can identify Eni SpA ADR entry and exit signals to maximize returns.
Eni SPA Risk Indicators
The analysis of Eni SPA'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 Eni SPA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eni 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 | 0.8292 | |||
| Semi Deviation | 0.8792 | |||
| Standard Deviation | 1.11 | |||
| Variance | 1.23 | |||
| Downside Variance | 1.37 | |||
| Semi Variance | 0.7731 | |||
| Expected Short fall | (0.88) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| JBL | Jabil Circuit | |
| MRK | Merck Company | |
| AMGN | Amgen Inc |
Check out Historical Fundamental Analysis of Eni SPA to cross-verify your projections. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eni SPA. If investors know Eni will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eni SPA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.5 | Dividend Share 0.25 | Earnings Share 1.92 | Revenue Per Share | Quarterly Revenue Growth (0.02) |
The market value of Eni SpA ADR is measured differently than its book value, which is the value of Eni that is recorded on the company's balance sheet. Investors also form their own opinion of Eni SPA's value that differs from its market value or its book value, called intrinsic value, which is Eni SPA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eni SPA's market value can be influenced by many factors that don't directly affect Eni SPA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eni SPA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eni SPA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eni SPA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.