Ferrum SA Stock Forecast - Simple Regression

Ferrum SA Additional Predictive Modules

Most predictive techniques to examine Ferrum price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ferrum using various technical indicators. When you analyze Ferrum 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 Ferrum SA 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.

Ferrum SA Simple Regression Price Forecast For the 20th of January

Given 90 days horizon, the Simple Regression forecasted value of Ferrum SA on the next trading day is expected to be 33.38 with a mean absolute deviation of 3.80, mean absolute percentage error of 21.17, and the sum of the absolute errors of 231.90.

Ferrum SA Stock Forecast Pattern

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Ferrum SA Forecasted Value

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 Ferrum SA stock data series using in forecasting. Note that when a statistical model is used to represent Ferrum SA 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. 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 Ferrum 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 Ferrum SA

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ferrum 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.

Hype Prediction Low Estimated High 22.63 28.20 33.77 Details

Intrinsic Valuation Low Real High 24.18 29.75 35.32 Details

Bollinger Band Projection (param) Low Middle High 26.36 30.96 35.57 Details

Other Forecasting Options for Ferrum SA

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

Ferrum SA Related Equities

Risk & Return

Correlation

Ferrum SA 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 Ferrum SA'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 Ferrum SA's current price.

Ferrum SA Market Strength Events

Ferrum SA Risk Indicators

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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.

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