Eco5tech Stock Forecast - Simple Regression

ECT Stock   1.57  0.05  3.29%   
The Simple Regression forecasted value of eco5tech SA on the next trading day is expected to be 1.45 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.38. Eco5tech Stock Forecast is based on your current time horizon.
As of today the value of rsi of Eco5tech'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
The successful prediction of Eco5tech'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 Eco5tech and does not consider all of the tangible or intangible factors available from Eco5tech's fundamental data. We analyze noise-free headlines and recent hype associated with eco5tech SA, which may create opportunities for some arbitrage if properly timed.
Using Eco5tech hype-based prediction, you can estimate the value of eco5tech SA from the perspective of Eco5tech response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of eco5tech SA on the next trading day is expected to be 1.45 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.38.

Eco5tech after-hype prediction price

    
  PLN 1.57  
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 Eco5tech to cross-verify your projections.

Eco5tech Additional Predictive Modules

Most predictive techniques to examine Eco5tech price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Eco5tech using various technical indicators. When you analyze Eco5tech 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Eco5tech 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.

Eco5tech Simple Regression Price Forecast For the 24th of January

Given 90 days horizon, the Simple Regression forecasted value of eco5tech SA on the next trading day is expected to be 1.45 with a mean absolute deviation of 0.06, mean absolute percentage error of 0, and the sum of the absolute errors of 3.38.
Please note that although there have been many attempts to predict Eco5tech 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 Eco5tech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Eco5tech Stock Forecast Pattern

Backtest Eco5techEco5tech Price PredictionBuy or Sell Advice 

Eco5tech Forecasted Value

In the context of forecasting Eco5tech'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. Eco5tech's downside and upside margins for the forecasting period are 0.02 and 5.28, respectively. We have considered Eco5tech'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
1.57
1.45
Expected Value
5.28
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 Eco5tech stock data series using in forecasting. Note that when a statistical model is used to represent Eco5tech 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 Criteria112.7127
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0554
MAPEMean absolute percentage error0.0369
SAESum of the absolute errors3.3775
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 eco5tech SA 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 Eco5tech

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as eco5tech SA. 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 Eco5tech'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.
Hype
Prediction
LowEstimatedHigh
0.081.575.37
Details
Intrinsic
Valuation
LowRealHigh
0.061.285.08
Details

Eco5tech After-Hype Price Prediction Density Analysis

As far as predicting the price of Eco5tech 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 Eco5tech 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 Eco5tech, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Eco5tech Estimiated After-Hype Price Volatility

In the context of predicting Eco5tech's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Eco5tech's historical news coverage. Eco5tech's after-hype downside and upside margins for the prediction period are 0.08 and 5.37, respectively. We have considered Eco5tech'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
1.57
1.57
After-hype Price
5.37
Upside
Eco5tech is dangerous at this time. Analysis and calculation of next after-hype price of eco5tech SA is based on 3 months time horizon.

Eco5tech Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Eco5tech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eco5tech 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 Eco5tech, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.10 
3.83
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.57
1.57
0.00 
0.00  
Notes

Eco5tech Hype Timeline

eco5tech SA is currently traded for 1.57on Warsaw Stock Exchange of Poland. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Eco5tech 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 0.1%. %. The volatility of related hype on Eco5tech is about 0.0%, with the expected price after the next announcement by competition of 1.57. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next projected press release will be in a few days.
Check out Historical Fundamental Analysis of Eco5tech to cross-verify your projections.

Eco5tech Related Hype Analysis

Having access to credible news sources related to Eco5tech's direct competition is more important than ever and may enhance your ability to predict Eco5tech's future price movements. Getting to know how Eco5tech'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 Eco5tech may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Eco5tech

For every potential investor in Eco5tech, whether a beginner or expert, Eco5tech's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eco5tech Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eco5tech. Basic forecasting techniques help filter out the noise by identifying Eco5tech's price trends.

Eco5tech 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 Eco5tech stock to make a market-neutral strategy. Peer analysis of Eco5tech could also be used in its relative valuation, which is a method of valuing Eco5tech by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Eco5tech Market Strength Events

Market strength indicators help investors to evaluate how Eco5tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eco5tech shares will generate the highest return on investment. By undertsting and applying Eco5tech stock market strength indicators, traders can identify eco5tech SA entry and exit signals to maximize returns.

Eco5tech Risk Indicators

The analysis of Eco5tech'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 Eco5tech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eco5tech 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 Eco5tech

The number of cover stories for Eco5tech depends on current market conditions and Eco5tech's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Eco5tech 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 Eco5tech'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 Eco5tech Stock Analysis

When running Eco5tech's price analysis, check to measure Eco5tech'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 Eco5tech is operating at the current time. Most of Eco5tech's value examination focuses on studying past and present price action to predict the probability of Eco5tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eco5tech's price. Additionally, you may evaluate how the addition of Eco5tech to your portfolios can decrease your overall portfolio volatility.