Jernimo Martins Stock Forecast - Simple Regression

Jernimo Martins Additional Predictive Modules

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

Jernimo Martins Simple Regression Price Forecast For the 23rd of January

Given 90 days horizon, the Simple Regression forecasted value of Jernimo Martins SGPS on the next trading day is expected to be 20.01 with a mean absolute deviation of 0.56, mean absolute percentage error of 0.42, and the sum of the absolute errors of 34.21.

Jernimo Martins Stock Forecast Pattern

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Jernimo Martins 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 Jernimo Martins stock data series using in forecasting. Note that when a statistical model is used to represent Jernimo Martins 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 Jernimo Martins SGPS 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 Jernimo Martins

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Jernimo Martins SGPS. 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 Low Estimated High 19.24 20.68 22.12 Details

Intrinsic Valuation Low Real High 19.37 20.81 22.26 Details

Bollinger Band Projection (param) Low Middle High 19.60 20.30 21.00 Details

Jernimo Martins After-Hype Price Prediction Density Analysis

Jernimo Martins Estimiated After-Hype Price Volatility

Jernimo Martins Stock Price Prediction Analysis

Jernimo Martins Hype Timeline

Jernimo Martins SGPS is currently traded for 20.68on Frankfurt Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Jernimo is estimated 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 estimated to be very small, whereas the daily expected return is currently at 0.05%. %. The volatility of related hype on Jernimo Martins is about 0.0%, with the expected price after the next announcement by competition of 20.68. About 56.0% of the company shares are held by company insiders. The company last dividend was issued on the 16th of May 2022. Jernimo Martins SGPS had 5:1 split on the 29th of May 2007. Assuming the 90 days horizon the next estimated press release will be uncertain. Check out Historical Fundamental Analysis of Jernimo Martins to cross-verify your projections.

Jernimo Martins Related Hype Analysis

Other Forecasting Options for Jernimo Martins

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

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