Iskenderun Demir Stock Forecast - Simple Regression
ISDMR Stock | TRY 37.36 0.26 0.70% |
The Simple Regression forecasted value of Iskenderun Demir ve on the next trading day is expected to be 36.59 with a mean absolute deviation of 0.54 and the sum of the absolute errors of 33.08. Iskenderun Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Iskenderun Demir's historical fundamentals, such as revenue growth or operating cash flow patterns.
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Iskenderun Demir Simple Regression Price Forecast For the 24th of November
Given 90 days horizon, the Simple Regression forecasted value of Iskenderun Demir ve on the next trading day is expected to be 36.59 with a mean absolute deviation of 0.54, mean absolute percentage error of 0.52, and the sum of the absolute errors of 33.08.Please note that although there have been many attempts to predict Iskenderun 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 Iskenderun Demir's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Iskenderun Demir Stock Forecast Pattern
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Iskenderun Demir Forecasted Value
In the context of forecasting Iskenderun Demir'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. Iskenderun Demir's downside and upside margins for the forecasting period are 34.88 and 38.29, respectively. We have considered Iskenderun Demir'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 Regression forecasting method's relative quality and the estimations of the prediction error of Iskenderun Demir stock data series using in forecasting. Note that when a statistical model is used to represent Iskenderun Demir 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 | 117.4475 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.5423 |
MAPE | Mean absolute percentage error | 0.0151 |
SAE | Sum of the absolute errors | 33.082 |
Predictive Modules for Iskenderun Demir
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iskenderun Demir. 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.Other Forecasting Options for Iskenderun Demir
For every potential investor in Iskenderun, whether a beginner or expert, Iskenderun Demir's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Iskenderun Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Iskenderun. Basic forecasting techniques help filter out the noise by identifying Iskenderun Demir's price trends.Iskenderun Demir 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 Iskenderun Demir stock to make a market-neutral strategy. Peer analysis of Iskenderun Demir could also be used in its relative valuation, which is a method of valuing Iskenderun Demir by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Iskenderun Demir 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 Iskenderun Demir'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 Iskenderun Demir's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Iskenderun Demir Market Strength Events
Market strength indicators help investors to evaluate how Iskenderun Demir stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Iskenderun Demir shares will generate the highest return on investment. By undertsting and applying Iskenderun Demir stock market strength indicators, traders can identify Iskenderun Demir ve entry and exit signals to maximize returns.
Iskenderun Demir Risk Indicators
The analysis of Iskenderun Demir'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 Iskenderun Demir's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting iskenderun 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 | 1.4 | |||
Semi Deviation | 1.6 | |||
Standard Deviation | 1.73 | |||
Variance | 3.0 | |||
Downside Variance | 2.96 | |||
Semi Variance | 2.56 | |||
Expected Short fall | (1.43) |
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 Iskenderun Stock
Iskenderun Demir financial ratios help investors to determine whether Iskenderun 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 Iskenderun with respect to the benefits of owning Iskenderun Demir security.