Guararapes Confeces Stock Forecast - Simple Regression

GUAR3 Stock  BRL 8.15  0.08  0.99%   
The Simple Regression forecasted value of Guararapes Confeces SA on the next trading day is expected to be 8.79 with a mean absolute deviation of 0.38 and the sum of the absolute errors of 22.98. Guararapes Stock Forecast is based on your current time horizon.
At this time the value of rsi of Guararapes Confeces' share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Guararapes Confeces' 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 Guararapes Confeces and does not consider all of the tangible or intangible factors available from Guararapes Confeces' fundamental data. We analyze noise-free headlines and recent hype associated with Guararapes Confeces SA, which may create opportunities for some arbitrage if properly timed.
Using Guararapes Confeces hype-based prediction, you can estimate the value of Guararapes Confeces SA from the perspective of Guararapes Confeces response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Guararapes Confeces SA on the next trading day is expected to be 8.79 with a mean absolute deviation of 0.38 and the sum of the absolute errors of 22.98.

Guararapes Confeces after-hype prediction price

    
  BRL 8.07  
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 Guararapes Confeces to cross-verify your projections.

Guararapes Confeces Additional Predictive Modules

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

Guararapes Confeces Simple Regression Price Forecast For the 21st of January

Given 90 days horizon, the Simple Regression forecasted value of Guararapes Confeces SA on the next trading day is expected to be 8.79 with a mean absolute deviation of 0.38, mean absolute percentage error of 0.28, and the sum of the absolute errors of 22.98.
Please note that although there have been many attempts to predict Guararapes 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 Guararapes Confeces' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Guararapes Confeces Stock Forecast Pattern

Backtest Guararapes ConfecesGuararapes Confeces Price PredictionBuy or Sell Advice 

Guararapes Confeces Forecasted Value

In the context of forecasting Guararapes Confeces' 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. Guararapes Confeces' downside and upside margins for the forecasting period are 3.72 and 13.87, respectively. We have considered Guararapes Confeces' 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
8.15
8.79
Expected Value
13.87
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 Guararapes Confeces stock data series using in forecasting. Note that when a statistical model is used to represent Guararapes Confeces 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 Criteria116.8301
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3767
MAPEMean absolute percentage error0.0427
SAESum of the absolute errors22.9767
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 Guararapes Confeces 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 Guararapes Confeces

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Guararapes Confeces. 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
LowEstimatedHigh
2.958.0713.19
Details
Intrinsic
Valuation
LowRealHigh
2.247.3612.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Guararapes Confeces. Your research has to be compared to or analyzed against Guararapes Confeces' peers to derive any actionable benefits. When done correctly, Guararapes Confeces' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Guararapes Confeces.

Other Forecasting Options for Guararapes Confeces

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

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

Guararapes Confeces 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 Guararapes Confeces' 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 Guararapes Confeces' current price.

Guararapes Confeces Market Strength Events

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

Guararapes Confeces Risk Indicators

The analysis of Guararapes Confeces' 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 Guararapes Confeces' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting guararapes 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.

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.

Additional Tools for Guararapes Stock Analysis

When running Guararapes Confeces' price analysis, check to measure Guararapes Confeces' 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 Guararapes Confeces is operating at the current time. Most of Guararapes Confeces' value examination focuses on studying past and present price action to predict the probability of Guararapes Confeces' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guararapes Confeces' price. Additionally, you may evaluate how the addition of Guararapes Confeces to your portfolios can decrease your overall portfolio volatility.