Danone SA OTC Stock Forecast - Naive Prediction

Danone SA Additional Predictive Modules

Most predictive techniques to examine Danone price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Danone using various technical indicators. When you analyze Danone 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. A naive forecasting model for Danone SA is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Danone SA value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Danone SA Naive Prediction Price Forecast For the 28th of January

Given 90 days horizon, the Naive Prediction forecasted value of Danone SA on the next trading day is expected to be 75.25 with a mean absolute deviation of 1.19, mean absolute percentage error of 2.18, and the sum of the absolute errors of 72.60.

Danone SA OTC Stock Forecast Pattern

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Danone SA Price Prediction

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Danone SA Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Danone SA otc stock data series using in forecasting. Note that when a statistical model is used to represent Danone SA otc 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. This model is not at all useful as a medium-long range forecasting tool of Danone SA. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Danone SA. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Danone 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 Danone SA. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 78.90 80.68 82.46 Details

Intrinsic Valuation Low Real High 70.62 72.40 88.75 Details

Bollinger Band Projection (param) Low Middle High 79.01 87.64 96.27 Details

Danone SA After-Hype Price Density Analysis

Danone SA Estimiated After-Hype Price Volatility

Danone SA OTC Stock Price Outlook Analysis

Notes

Danone SA Hype Timeline

Danone SA is currently traded for 80.68. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Danone 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 -0.16%. %. The volatility of related hype on Danone SA is about 0.0%, with the expected price after the next announcement by competition of 80.68. About 56.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.72. Some equities with similar Price to Book (P/B) outperform the market in the long run. Danone SA last dividend was issued on the 10th of May 2022. The entity had 2:1 split on the 15th of June 2004. Assuming the 90 days horizon the next estimated press release will be in a few days. Check out Historical Fundamental Analysis of Danone SA to cross-verify your projections.

Danone SA Related Hype Analysis

Other Forecasting Options for Danone SA

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

Danone SA Related Equities

Risk & Return

Correlation

Danone SA Market Strength Events

Danone SA Risk Indicators

Story Coverage note for Danone SA

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Other Information on Investing in Danone OTC Stock