Holand Og Stock Forecast - Simple Regression

HSPG Stock  NOK 136.00  3.00  2.16%   
The Simple Regression forecasted value of Holand og Setskog on the next trading day is expected to be 136.20 with a mean absolute deviation of 4.70 and the sum of the absolute errors of 286.54. Holand Stock Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Holand Og 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.

Holand Og Simple Regression Price Forecast For the 24th of November

Given 90 days horizon, the Simple Regression forecasted value of Holand og Setskog on the next trading day is expected to be 136.20 with a mean absolute deviation of 4.70, mean absolute percentage error of 35.15, and the sum of the absolute errors of 286.54.
Please note that although there have been many attempts to predict Holand 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 Holand Og's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Holand Og Stock Forecast Pattern

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Holand Og Forecasted Value

In the context of forecasting Holand Og'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. Holand Og's downside and upside margins for the forecasting period are 133.05 and 139.35, respectively. We have considered Holand Og'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
136.00
133.05
Downside
136.20
Expected Value
139.35
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 Holand Og stock data series using in forecasting. Note that when a statistical model is used to represent Holand Og 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 Criteria121.6702
BiasArithmetic mean of the errors None
MADMean absolute deviation4.6973
MAPEMean absolute percentage error0.0361
SAESum of the absolute errors286.5381
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 Holand og Setskog 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 Holand Og

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Holand og Setskog. 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
132.85136.00139.15
Details
Intrinsic
Valuation
LowRealHigh
110.67113.82149.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
134.17137.00139.83
Details

Other Forecasting Options for Holand Og

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

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

Holand og Setskog 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 Holand Og'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 Holand Og's current price.

Holand Og Market Strength Events

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

Holand Og Risk Indicators

The analysis of Holand Og'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 Holand Og's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting holand 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.

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Other Information on Investing in Holand Stock

Holand Og financial ratios help investors to determine whether Holand 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 Holand with respect to the benefits of owning Holand Og security.