Kiriacoulis Mediterranean Stock Forecast - Naive Prediction

KYRI Stock  EUR 0.92  0.04  4.55%   
The Naive Prediction forecasted value of Kiriacoulis Mediterranean Cruises on the next trading day is expected to be 0.92 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.07. Kiriacoulis Stock Forecast is based on your current time horizon.
  
A naive forecasting model for Kiriacoulis Mediterranean is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Kiriacoulis Mediterranean Cruises value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Kiriacoulis Mediterranean Naive Prediction Price Forecast For the 23rd of November

Given 90 days horizon, the Naive Prediction forecasted value of Kiriacoulis Mediterranean Cruises on the next trading day is expected to be 0.92 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0005, and the sum of the absolute errors of 1.07.
Please note that although there have been many attempts to predict Kiriacoulis 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 Kiriacoulis Mediterranean's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Kiriacoulis Mediterranean Stock Forecast Pattern

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Kiriacoulis Mediterranean Forecasted Value

In the context of forecasting Kiriacoulis Mediterranean'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. Kiriacoulis Mediterranean's downside and upside margins for the forecasting period are 0.01 and 3.02, respectively. We have considered Kiriacoulis Mediterranean'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
0.92
0.92
Expected Value
3.02
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Kiriacoulis Mediterranean stock data series using in forecasting. Note that when a statistical model is used to represent Kiriacoulis Mediterranean 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 Criteria110.4224
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0176
MAPEMean absolute percentage error0.0177
SAESum of the absolute errors1.0727
This model is not at all useful as a medium-long range forecasting tool of Kiriacoulis Mediterranean Cruises. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Kiriacoulis Mediterranean. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Kiriacoulis Mediterranean

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Kiriacoulis Mediterranean. 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
0.050.923.02
Details
Intrinsic
Valuation
LowRealHigh
0.040.812.91
Details

Other Forecasting Options for Kiriacoulis Mediterranean

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

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

Kiriacoulis Mediterranean 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 Kiriacoulis Mediterranean'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 Kiriacoulis Mediterranean's current price.

Kiriacoulis Mediterranean Market Strength Events

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

Kiriacoulis Mediterranean Risk Indicators

The analysis of Kiriacoulis Mediterranean'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 Kiriacoulis Mediterranean's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting kiriacoulis 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Kiriacoulis Stock Analysis

When running Kiriacoulis Mediterranean's price analysis, check to measure Kiriacoulis Mediterranean'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 Kiriacoulis Mediterranean is operating at the current time. Most of Kiriacoulis Mediterranean's value examination focuses on studying past and present price action to predict the probability of Kiriacoulis Mediterranean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kiriacoulis Mediterranean's price. Additionally, you may evaluate how the addition of Kiriacoulis Mediterranean to your portfolios can decrease your overall portfolio volatility.