Indutrade Stock Forward View - Simple Exponential Smoothing
| INDT Stock | SEK 230.40 2.20 0.96% |
Indutrade Stock outlook is based on your current time horizon.
At this time, the value of RSI of Indutrade's share price is approaching 47. 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 Indutrade, making its price go up or down. Momentum 47
Impartial
Oversold | Overbought |
Using Indutrade hype-based prediction, you can estimate the value of Indutrade AB from the perspective of Indutrade response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Indutrade AB on the next trading day is expected to be 230.40 with a mean absolute deviation of 2.90 and the sum of the absolute errors of 173.80. Indutrade after-hype prediction price | SEK 230.4 |
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.
Indutrade |
Indutrade Additional Predictive Modules
Most predictive techniques to examine Indutrade price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Indutrade using various technical indicators. When you analyze Indutrade 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Indutrade Simple Exponential Smoothing Price Forecast For the 23rd of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Indutrade AB on the next trading day is expected to be 230.40 with a mean absolute deviation of 2.90, mean absolute percentage error of 15.93, and the sum of the absolute errors of 173.80.Please note that although there have been many attempts to predict Indutrade Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Indutrade's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Indutrade Stock Forecast Pattern
| Backtest Indutrade | Indutrade Price Prediction | Research Analysis |
Indutrade Forecasted Value
In the context of forecasting Indutrade'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. Indutrade's downside and upside margins for the forecasting period are 228.65 and 232.15, respectively. We have considered Indutrade'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Indutrade stock data series using in forecasting. Note that when a statistical model is used to represent Indutrade 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.| AIC | Akaike Information Criteria | 119.041 |
| Bias | Arithmetic mean of the errors | -0.0833 |
| MAD | Mean absolute deviation | 2.8967 |
| MAPE | Mean absolute percentage error | 0.0126 |
| SAE | Sum of the absolute errors | 173.8 |
Predictive Modules for Indutrade
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indutrade 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.Indutrade After-Hype Price Density Analysis
As far as predicting the price of Indutrade at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Indutrade or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Indutrade, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Indutrade Estimiated After-Hype Price Volatility
In the context of predicting Indutrade's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Indutrade's historical news coverage. Indutrade's after-hype downside and upside margins for the prediction period are 228.65 and 232.15, respectively. We have considered Indutrade's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Indutrade is very steady at this time. Analysis and calculation of next after-hype price of Indutrade AB is based on 3 months time horizon.
Indutrade Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Indutrade is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Indutrade backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Indutrade, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.03 | 1.75 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
230.40 | 230.40 | 0.00 |
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Indutrade Hype Timeline
Indutrade AB is currently traded for 230.40on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Indutrade is anticipated 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 anticipated to be very small, whereas the daily expected return is currently at 0.03%. %. The volatility of related hype on Indutrade is about 0.0%, with the expected price after the next announcement by competition of 230.40. About 27.0% of the company shares are held by company insiders. The company recorded earning per share (EPS) of 6.78. Indutrade AB last dividend was issued on the 30th of March 2023. The entity had 3:1 split on the 17th of December 2020. Assuming the 90 days trading horizon the next anticipated press release will be uncertain. Check out Historical Fundamental Analysis of Indutrade to cross-verify your projections.Indutrade Related Hype Analysis
Having access to credible news sources related to Indutrade's direct competition is more important than ever and may enhance your ability to predict Indutrade's future price movements. Getting to know how Indutrade's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Indutrade may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ADDT-B | Addtech AB | 0.00 | 0 per month | 1.53 | (0.01) | 2.90 | (2.63) | 10.17 | |
| TREL-B | Trelleborg AB | 0.00 | 0 per month | 1.45 | (0.02) | 2.43 | (2.02) | 8.38 | |
| BEIJ-B | Beijer Ref AB | 0.00 | 0 per month | 0.00 | (0.15) | 1.89 | (3.00) | 8.69 | |
| SKA-B | Skanska AB | 0.00 | 0 per month | 1.17 | 0.07 | 2.31 | (2.58) | 6.92 | |
| NIBE-B | NIBE Industrier AB | 0.00 | 0 per month | 2.89 | 0.02 | 3.28 | (3.16) | 12.99 | |
| SKF-A | AB SKF | 0.00 | 0 per month | 1.63 | 0.02 | 2.47 | (2.83) | 9.74 | |
| SECU-B | Securitas AB | 0.00 | 0 per month | 0.80 | 0.07 | 1.62 | (1.42) | 9.50 | |
| OEM-B | OEM International AB | 0.00 | 0 per month | 0.00 | (0.14) | 3.07 | (4.30) | 10.01 | |
| SWEC-B | Sweco AB | 0.00 | 0 per month | 0.00 | (0.19) | 2.24 | (2.38) | 6.50 |
Other Forecasting Options for Indutrade
For every potential investor in Indutrade, whether a beginner or expert, Indutrade's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Indutrade Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Indutrade. Basic forecasting techniques help filter out the noise by identifying Indutrade's price trends.Indutrade 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 Indutrade stock to make a market-neutral strategy. Peer analysis of Indutrade could also be used in its relative valuation, which is a method of valuing Indutrade by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Indutrade Market Strength Events
Market strength indicators help investors to evaluate how Indutrade stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indutrade shares will generate the highest return on investment. By undertsting and applying Indutrade stock market strength indicators, traders can identify Indutrade AB entry and exit signals to maximize returns.
Indutrade Risk Indicators
The analysis of Indutrade'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 Indutrade's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting indutrade 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.
| Mean Deviation | 1.26 | |||
| Standard Deviation | 1.73 | |||
| Variance | 3.0 |
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.
Story Coverage note for Indutrade
The number of cover stories for Indutrade depends on current market conditions and Indutrade's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Indutrade is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Indutrade's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
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Indutrade Short Properties
Indutrade's future price predictability will typically decrease when Indutrade's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Indutrade AB often depends not only on the future outlook of the potential Indutrade's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Indutrade's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 364.2 M | |
| Cash And Short Term Investments | 1.5 B |
Additional Tools for Indutrade Stock Analysis
When running Indutrade's price analysis, check to measure Indutrade'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 Indutrade is operating at the current time. Most of Indutrade's value examination focuses on studying past and present price action to predict the probability of Indutrade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indutrade's price. Additionally, you may evaluate how the addition of Indutrade to your portfolios can decrease your overall portfolio volatility.