Turism Hotelur Stock Forecast - Simple Regression
| EFO Stock | 0.55 0.01 1.85% |
The Simple Regression forecasted value of Turism Hotelur on the next trading day is expected to be 0.56 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.80. Turism Stock Forecast is based on your current time horizon.
As of today the value of rsi of Turism Hotelur'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 Turism Hotelur hype-based prediction, you can estimate the value of Turism Hotelur from the perspective of Turism Hotelur response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Turism Hotelur on the next trading day is expected to be 0.56 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.80. Turism Hotelur after-hype prediction price | RON 0.55 |
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.
Turism |
Turism Hotelur Additional Predictive Modules
Most predictive techniques to examine Turism price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Turism using various technical indicators. When you analyze Turism 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 |
Turism Hotelur Simple Regression Price Forecast For the 25th of January
Given 90 days horizon, the Simple Regression forecasted value of Turism Hotelur on the next trading day is expected to be 0.56 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.80.Please note that although there have been many attempts to predict Turism 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 Turism Hotelur's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Turism Hotelur Stock Forecast Pattern
Turism Hotelur Forecasted Value
In the context of forecasting Turism Hotelur'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. Turism Hotelur's downside and upside margins for the forecasting period are 0.01 and 4.69, respectively. We have considered Turism Hotelur'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 Regression forecasting method's relative quality and the estimations of the prediction error of Turism Hotelur stock data series using in forecasting. Note that when a statistical model is used to represent Turism Hotelur 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 | 110.0427 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0132 |
| MAPE | Mean absolute percentage error | 0.0247 |
| SAE | Sum of the absolute errors | 0.8045 |
Predictive Modules for Turism Hotelur
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Turism Hotelur. 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.Turism Hotelur Estimiated After-Hype Price Prediction Volatility
As far as predicting the price of Turism Hotelur 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 Turism Hotelur 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 Turism Hotelur, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Turism Hotelur Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Turism Hotelur is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Turism Hotelur 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 Turism Hotelur, 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 |
0.22 | 4.14 | 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 | ||
0.55 | 0.55 | 0.00 |
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Turism Hotelur Hype Timeline
Turism Hotelur is currently traded for 0.55on Bucharest Stock Exchange of Romania. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Turism is estimated 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 estimated to be very small, whereas the daily expected return is currently at 0.22%. %. The volatility of related hype on Turism Hotelur is about 0.0%, with the expected price after the next announcement by competition of 0.55. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next estimated press release will be in a few days. Check out fundamental analysis of Turism Hotelur to check your projections.Turism Hotelur Related Hype Analysis
Having access to credible news sources related to Turism Hotelur's direct competition is more important than ever and may enhance your ability to predict Turism Hotelur's future price movements. Getting to know how Turism Hotelur'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 Turism Hotelur may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ECT | GRUPUL INDUSTRIAL ELECTROCONTACT | 0.00 | 0 per month | 0.00 | (0.01) | 12.50 | (11.11) | 27.86 | |
| DIGI | Digi Communications NV | 0.00 | 0 per month | 0.90 | 0.29 | 4.54 | (2.66) | 8.83 | |
| AROBS | AROBS TRANSILVANIA SOFTWARE | 0.00 | 0 per month | 0.70 | 0.11 | 2.74 | (1.49) | 8.43 | |
| HUNT | IHUNT TECHNOLOGY IMPORT EXPORT | 0.00 | 0 per month | 1.19 | 0.15 | 5.56 | (2.94) | 22.80 | |
| EBS | Erste Group Bank | 0.00 | 0 per month | 0.58 | 0.29 | 3.59 | (1.58) | 7.22 | |
| EVER | Evergent Investments SA | 0.00 | 0 per month | 1.21 | 0.16 | 4.09 | (3.16) | 9.91 |
Other Forecasting Options for Turism Hotelur
For every potential investor in Turism, whether a beginner or expert, Turism Hotelur's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Turism Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Turism. Basic forecasting techniques help filter out the noise by identifying Turism Hotelur's price trends.Turism Hotelur 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 Turism Hotelur stock to make a market-neutral strategy. Peer analysis of Turism Hotelur could also be used in its relative valuation, which is a method of valuing Turism Hotelur by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Turism Hotelur Market Strength Events
Market strength indicators help investors to evaluate how Turism Hotelur stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turism Hotelur shares will generate the highest return on investment. By undertsting and applying Turism Hotelur stock market strength indicators, traders can identify Turism Hotelur entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 0.55 | |||
| Day Typical Price | 0.55 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
Turism Hotelur Risk Indicators
The analysis of Turism Hotelur'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 Turism Hotelur's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting turism 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 | 2.68 | |||
| Semi Deviation | 3.35 | |||
| Standard Deviation | 4.14 | |||
| Variance | 17.12 | |||
| Downside Variance | 25.71 | |||
| Semi Variance | 11.2 | |||
| Expected Short fall | (4.17) |
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 Turism Hotelur
The number of cover stories for Turism Hotelur depends on current market conditions and Turism Hotelur's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Turism Hotelur 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 Turism Hotelur's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in Turism Stock
Turism Hotelur financial ratios help investors to determine whether Turism 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 Turism with respect to the benefits of owning Turism Hotelur security.