Grenergy Renovables Stock Forward View - Simple Regression

Grenergy Renovables Additional Predictive Modules

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

Grenergy Renovables Simple Regression Price Forecast For the 5th of February

Given 90 days horizon, the Simple Regression forecasted value of Grenergy Renovables SA on the next trading day is expected to be 95.75 with a mean absolute deviation of 3.83, mean absolute percentage error of 20.86, and the sum of the absolute errors of 237.24.

Grenergy Renovables Stock Forecast Pattern

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Grenergy Renovables Price Prediction

Research Analysis

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

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grenergy Renovables. 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 92.20 94.50 96.80 Details

Intrinsic Valuation Low Real High 92.45 94.75 97.05 Details

Bollinger Band Projection (param) Low Middle High 81.20 90.69 100.18 Details

Grenergy Renovables After-Hype Price Density Analysis

Grenergy Renovables Estimiated After-Hype Price Volatility

Grenergy Renovables Stock Price Outlook Analysis

Notes

Grenergy Renovables Hype Timeline

Grenergy Renovables is currently traded for 94.50on Madrid Exchange of Spain. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Grenergy is forecasted 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 forecasted to be very small, whereas the daily expected return is currently at 0.36%. %. The volatility of related hype on Grenergy Renovables is about 0.0%, with the expected price after the next announcement by competition of 94.50. About 54.0% of the company shares are held by company insiders. The book value of Grenergy Renovables was currently reported as 8.3. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be in a few days. Check out Historical Fundamental Analysis of Grenergy Renovables to cross-verify your projections.

Grenergy Renovables Related Hype Analysis

Other Forecasting Options for Grenergy Renovables

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

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Grenergy Renovables Market Strength Events

Grenergy Renovables Risk Indicators

Story Coverage note for Grenergy Renovables

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Grenergy Renovables Short Properties

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