Future Retail Stock Forecast - Simple Regression
| FRETAIL Stock | 2.28 0.00 0.00% |
The Simple Regression forecasted value of Future Retail Limited on the next trading day is expected to be 2.28 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Future Stock Forecast is based on your current time horizon. Although Future Retail's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Future Retail's systematic risk associated with finding meaningful patterns of Future Retail fundamentals over time.
Future |
Future Retail Simple Regression Price Forecast For the 24th of November
Given 90 days horizon, the Simple Regression forecasted value of Future Retail Limited on the next trading day is expected to be 2.28 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Future 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 Future Retail's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Future Retail Stock Forecast Pattern
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Future Retail Forecasted Value
In the context of forecasting Future Retail'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. Future Retail's downside and upside margins for the forecasting period are 2.28 and 2.28, respectively. We have considered Future Retail'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 Future Retail stock data series using in forecasting. Note that when a statistical model is used to represent Future Retail 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 | 50.4556 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Future Retail
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Future Retail Limited. 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.Other Forecasting Options for Future Retail
For every potential investor in Future, whether a beginner or expert, Future Retail's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Future Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Future. Basic forecasting techniques help filter out the noise by identifying Future Retail's price trends.Future Retail 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 Future Retail stock to make a market-neutral strategy. Peer analysis of Future Retail could also be used in its relative valuation, which is a method of valuing Future Retail by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Future Retail Limited 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 Future Retail'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 Future Retail's current price.| Cycle Indicators | ||
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Future Retail Market Strength Events
Market strength indicators help investors to evaluate how Future Retail stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Future Retail shares will generate the highest return on investment. By undertsting and applying Future Retail stock market strength indicators, traders can identify Future Retail Limited entry and exit signals to maximize returns.
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.Other Information on Investing in Future Stock
Future Retail financial ratios help investors to determine whether Future 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 Future with respect to the benefits of owning Future Retail security.