Italgas SpA OTC Stock Forecast - Simple Regression

Italgas SpA Additional Predictive Modules

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

Italgas SpA Simple Regression Price Forecast For the 24th of January

Given 90 days horizon, the Simple Regression forecasted value of Italgas SpA on the next trading day is expected to be 11.17 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.09, and the sum of the absolute errors of 13.90.

Italgas SpA OTC Stock Forecast Pattern

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Italgas SpA Forecasted Value

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 Italgas SpA otc stock data series using in forecasting. Note that when a statistical model is used to represent Italgas SpA otc 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. 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 Italgas SpA 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 Italgas SpA

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Italgas SpA. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Low Estimated High 10.40 12.25 14.10 Details

Intrinsic Valuation Low Real High 11.88 13.73 15.58 Details

Bollinger Band Projection (param) Low Middle High 10.26 10.95 11.64 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Italgas SpA. Your research has to be compared to or analyzed against Italgas SpA's peers to derive any actionable benefits. When done correctly, Italgas SpA's 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 Italgas SpA.

Italgas SpA After-Hype Price Prediction Density Analysis

Italgas SpA Estimiated After-Hype Price Volatility

Italgas SpA OTC Stock Price Prediction Analysis

Italgas SpA Hype Timeline

Italgas SpA is currently traded for 12.05. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.04. Italgas is forecasted to increase in value after the next headline, with the price projected to jump to 12.25 or above. The average volatility of media hype impact on the company the price is insignificant. The price rise on the next news is anticipated to be 1.66%, whereas the daily expected return is currently at 0.33%. The volatility of related hype on Italgas SpA is about 1491.94%, with the expected price after the next announcement by competition of 12.09. The company reported the revenue of 2.14 B. Net Income was 362.81 M with profit before overhead, payroll, taxes, and interest of 1.37 B. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Italgas SpA to cross-verify your projections.

Italgas SpA Related Hype Analysis

Other Forecasting Options for Italgas SpA

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

Italgas SpA Related Equities

Risk & Return

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Italgas SpA Market Strength Events

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Story Coverage note for Italgas SpA

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