Greater Than Stock Forecast - Simple Regression

GREAT Stock  SEK 18.00  0.20  1.10%   
The Simple Regression forecasted value of Greater Than AB on the next trading day is expected to be 16.19 with a mean absolute deviation of 1.48 and the sum of the absolute errors of 90.40. Greater Stock Forecast is based on your current time horizon.
At this time, the value of RSI of Greater Than's share price is approaching 48. This usually indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Greater Than, making its price go up or down.

Momentum 48

 Impartial

 
Oversold
 
Overbought
The successful prediction of Greater Than's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Greater Than and does not consider all of the tangible or intangible factors available from Greater Than's fundamental data. We analyze noise-free headlines and recent hype associated with Greater Than AB, which may create opportunities for some arbitrage if properly timed.
Using Greater Than hype-based prediction, you can estimate the value of Greater Than AB from the perspective of Greater Than response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Greater Than AB on the next trading day is expected to be 16.19 with a mean absolute deviation of 1.48 and the sum of the absolute errors of 90.40.

Greater Than after-hype prediction price

    
  SEK 18.0  
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.
  
Check out Historical Fundamental Analysis of Greater Than to cross-verify your projections.

Greater Than Additional Predictive Modules

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

Greater Than Simple Regression Price Forecast For the 9th of January

Given 90 days horizon, the Simple Regression forecasted value of Greater Than AB on the next trading day is expected to be 16.19 with a mean absolute deviation of 1.48, mean absolute percentage error of 3.12, and the sum of the absolute errors of 90.40.
Please note that although there have been many attempts to predict Greater 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 Greater Than's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Greater Than Stock Forecast Pattern

Backtest Greater ThanGreater Than Price PredictionBuy or Sell Advice 

Greater Than Forecasted Value

In the context of forecasting Greater Than'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. Greater Than's downside and upside margins for the forecasting period are 11.01 and 21.36, respectively. We have considered Greater Than'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.
Market Value
18.00
16.19
Expected Value
21.36
Upside

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 Greater Than stock data series using in forecasting. Note that when a statistical model is used to represent Greater Than 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.
AICAkaike Information Criteria119.2477
BiasArithmetic mean of the errors None
MADMean absolute deviation1.482
MAPEMean absolute percentage error0.0801
SAESum of the absolute errors90.4009
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 Greater Than AB 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 Greater Than

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Greater Than AB. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Greater Than's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
12.8218.0023.18
Details
Intrinsic
Valuation
LowRealHigh
10.8616.0421.22
Details
Bollinger
Band Projection (param)
LowMiddleHigh
14.2817.5020.72
Details

Other Forecasting Options for Greater Than

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

Greater Than 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 Greater Than stock to make a market-neutral strategy. Peer analysis of Greater Than could also be used in its relative valuation, which is a method of valuing Greater Than by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Greater Than AB 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 Greater Than'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 Greater Than's current price.

Greater Than Market Strength Events

Market strength indicators help investors to evaluate how Greater Than stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greater Than shares will generate the highest return on investment. By undertsting and applying Greater Than stock market strength indicators, traders can identify Greater Than AB entry and exit signals to maximize returns.

Greater Than Risk Indicators

The analysis of Greater Than'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 Greater Than's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting greater 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.
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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Greater Stock Analysis

When running Greater Than's price analysis, check to measure Greater Than's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Greater Than is operating at the current time. Most of Greater Than's value examination focuses on studying past and present price action to predict the probability of Greater Than's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greater Than's price. Additionally, you may evaluate how the addition of Greater Than to your portfolios can decrease your overall portfolio volatility.