Engie Energia Stock Forecast - Simple Exponential Smoothing
| ECL Stock | CLP 1,597 2.90 0.18% |
The Simple Exponential Smoothing forecasted value of Engie Energia Chile on the next trading day is expected to be 1,597 with a mean absolute deviation of 19.23 and the sum of the absolute errors of 1,154. Engie Stock Forecast is based on your current time horizon.
As of today the value of rsi of Engie Energia's share price is below 20 suggesting that the stock is significantly oversold. 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 0
Sell Peaked
Oversold | Overbought |
Using Engie Energia hype-based prediction, you can estimate the value of Engie Energia Chile from the perspective of Engie Energia response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Engie Energia Chile on the next trading day is expected to be 1,597 with a mean absolute deviation of 19.23 and the sum of the absolute errors of 1,154. Engie Energia after-hype prediction price | CLP 1599.9 |
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.
Engie |
Engie Energia Additional Predictive Modules
Most predictive techniques to examine Engie price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Engie using various technical indicators. When you analyze Engie 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 |
Engie Energia Simple Exponential Smoothing Price Forecast For the 24th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Engie Energia Chile on the next trading day is expected to be 1,597 with a mean absolute deviation of 19.23, mean absolute percentage error of 653.48, and the sum of the absolute errors of 1,154.Please note that although there have been many attempts to predict Engie 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 Engie Energia's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Engie Energia Stock Forecast Pattern
| Backtest Engie Energia | Engie Energia Price Prediction | Buy or Sell Advice |
Engie Energia Forecasted Value
In the context of forecasting Engie Energia'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. Engie Energia's downside and upside margins for the forecasting period are 1,595 and 1,599, respectively. We have considered Engie Energia'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Engie Energia stock data series using in forecasting. Note that when a statistical model is used to represent Engie Energia 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 | 122.7549 |
| Bias | Arithmetic mean of the errors | -3.6167 |
| MAD | Mean absolute deviation | 19.23 |
| MAPE | Mean absolute percentage error | 0.0136 |
| SAE | Sum of the absolute errors | 1153.8 |
Predictive Modules for Engie Energia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Engie Energia Chile. 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.Engie Energia After-Hype Price Prediction Density Analysis
As far as predicting the price of Engie Energia 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 Engie Energia 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 Engie Energia, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Engie Energia Estimiated After-Hype Price Volatility
In the context of predicting Engie Energia's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Engie Energia's historical news coverage. Engie Energia's after-hype downside and upside margins for the prediction period are 1,598 and 1,602, respectively. We have considered Engie Energia'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Engie Energia is very steady at this time. Analysis and calculation of next after-hype price of Engie Energia Chile is based on 3 months time horizon.
Engie Energia Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Engie Energia is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Engie Energia 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 Engie Energia, 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 |
0.26 | 1.81 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
1,597 | 1,600 | 0.00 |
|
Engie Energia Hype Timeline
Engie Energia Chile is currently traded for 1,597on Chilean Stock Exchange of Chile. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Engie is expected 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 expected to be very small, whereas the daily expected return is currently at 0.26%. %. The volatility of related hype on Engie Energia is about 0.0%, with the expected price after the next announcement by competition of 1,597. About 61.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.27. Some equities with similar Price to Book (P/B) outperform the market in the long run. Engie Energia Chile has Price/Earnings To Growth (PEG) ratio of 1.05. The entity recorded earning per share (EPS) of 59.06. The firm last dividend was issued on the 23rd of August 2021. Assuming the 90 days trading horizon the next expected press release will be in a few days. Check out Historical Fundamental Analysis of Engie Energia to cross-verify your projections.Engie Energia Related Hype Analysis
Having access to credible news sources related to Engie Energia's direct competition is more important than ever and may enhance your ability to predict Engie Energia's future price movements. Getting to know how Engie Energia'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 Engie Energia may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| COLBUN | Colbun | 0.00 | 0 per month | 1.35 | 0.02 | 2.14 | (2.04) | 6.47 | |
| ENELCHILE | Enel Chile SA | 0.00 | 0 per month | 1.28 | 0.03 | 2.26 | (2.58) | 6.67 | |
| CAP | CAP SA | 0.00 | 0 per month | 0.41 | 0.38 | 2.83 | (1.95) | 6.99 | |
| ENELAM | Enel Amricas SA | 0.00 | 0 per month | 0.00 | (0.15) | 1.44 | (1.66) | 5.06 | |
| CMPC | Empresas CMPC | 0.00 | 0 per month | 1.87 | 0 | 3.94 | (3.30) | 8.45 |
Other Forecasting Options for Engie Energia
For every potential investor in Engie, whether a beginner or expert, Engie Energia's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Engie Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Engie. Basic forecasting techniques help filter out the noise by identifying Engie Energia's price trends.Engie Energia 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 Engie Energia stock to make a market-neutral strategy. Peer analysis of Engie Energia could also be used in its relative valuation, which is a method of valuing Engie Energia by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Engie Energia Market Strength Events
Market strength indicators help investors to evaluate how Engie Energia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Engie Energia shares will generate the highest return on investment. By undertsting and applying Engie Energia stock market strength indicators, traders can identify Engie Energia Chile entry and exit signals to maximize returns.
| Accumulation Distribution | 21479.66 | |||
| Daily Balance Of Power | (0.04) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1587.75 | |||
| Day Typical Price | 1590.83 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | 7.8 | |||
| Period Momentum Indicator | (2.90) |
Engie Energia Risk Indicators
The analysis of Engie Energia'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 Engie Energia's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting engie 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 | 1.36 | |||
| Semi Deviation | 1.38 | |||
| Standard Deviation | 1.81 | |||
| Variance | 3.28 | |||
| Downside Variance | 2.69 | |||
| Semi Variance | 1.9 | |||
| Expected Short fall | (1.48) |
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 Engie Energia
The number of cover stories for Engie Energia depends on current market conditions and Engie Energia's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Engie Energia 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 Engie Energia'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
Story Categories
Currently Trending Categories
Other Information on Investing in Engie Stock
Engie Energia financial ratios help investors to determine whether Engie 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 Engie with respect to the benefits of owning Engie Energia security.