Compagnie Generale Stock Forecast - Simple Exponential Smoothing
| ML Stock | EUR 31.36 1.06 3.50% |
The Simple Exponential Smoothing forecasted value of Compagnie Generale des on the next trading day is expected to be 31.36 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.28. Compagnie Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Compagnie Generale stock prices and determine the direction of Compagnie Generale des's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Compagnie Generale's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time the value of rsi of Compagnie Generale's share price is below 20 . This indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Compagnie Generale hype-based prediction, you can estimate the value of Compagnie Generale des from the perspective of Compagnie Generale response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Compagnie Generale des on the next trading day is expected to be 31.36 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.28. Compagnie Generale after-hype prediction price | EUR 31.36 |
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.
Compagnie |
Compagnie Generale Additional Predictive Modules
Most predictive techniques to examine Compagnie price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Compagnie using various technical indicators. When you analyze Compagnie 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 |
Compagnie Generale Simple Exponential Smoothing Price Forecast For the 24th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Compagnie Generale des on the next trading day is expected to be 31.36 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.09, and the sum of the absolute errors of 13.28.Please note that although there have been many attempts to predict Compagnie 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 Compagnie Generale's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Compagnie Generale Stock Forecast Pattern
| Backtest Compagnie Generale | Compagnie Generale Price Prediction | Buy or Sell Advice |
Compagnie Generale Forecasted Value
In the context of forecasting Compagnie Generale'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. Compagnie Generale's downside and upside margins for the forecasting period are 30.31 and 32.41, respectively. We have considered Compagnie Generale'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 Compagnie Generale stock data series using in forecasting. Note that when a statistical model is used to represent Compagnie Generale 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 | 115.7204 |
| Bias | Arithmetic mean of the errors | -0.0508 |
| MAD | Mean absolute deviation | 0.2177 |
| MAPE | Mean absolute percentage error | 0.0076 |
| SAE | Sum of the absolute errors | 13.28 |
Predictive Modules for Compagnie Generale
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Compagnie Generale des. 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.Compagnie Generale After-Hype Price Prediction Density Analysis
As far as predicting the price of Compagnie Generale 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 Compagnie Generale 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 Compagnie Generale, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Compagnie Generale Estimiated After-Hype Price Volatility
In the context of predicting Compagnie Generale's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Compagnie Generale's historical news coverage. Compagnie Generale's after-hype downside and upside margins for the prediction period are 30.31 and 32.41, respectively. We have considered Compagnie Generale'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Compagnie Generale is very steady at this time. Analysis and calculation of next after-hype price of Compagnie Generale des is based on 3 months time horizon.
Compagnie Generale Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Compagnie Generale is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Compagnie Generale 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 Compagnie Generale, 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 |
0.18 | 1.05 | 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 | ||
31.36 | 31.36 | 0.00 |
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Compagnie Generale Hype Timeline
Compagnie Generale des is now traded for 31.36on Euronext Paris of France. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Compagnie is projected 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 projected to be very small, whereas the daily expected return is now at 0.18%. %. The volatility of related hype on Compagnie Generale is about 0.0%, with the expected price after the next announcement by competition of 31.36. About 45.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.15. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Compagnie Generale des recorded earning per share (EPS) of 10.24. The entity last dividend was issued on the 17th of May 2022. The firm had 4:1 split on the 16th of June 2022. Assuming the 90 days horizon the next projected press release will be uncertain. Check out Historical Fundamental Analysis of Compagnie Generale to cross-verify your projections.Compagnie Generale Related Hype Analysis
Having access to credible news sources related to Compagnie Generale's direct competition is more important than ever and may enhance your ability to predict Compagnie Generale's future price movements. Getting to know how Compagnie Generale'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 Compagnie Generale may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| STLAP | Stellantis NV | 0.00 | 0 per month | 0.00 | (0.08) | 3.77 | (4.26) | 13.59 | |
| AC | Accor S A | 0.00 | 0 per month | 0.94 | 0.05 | 1.95 | (1.56) | 9.56 | |
| FR | Valeo SA | 0.00 | 0 per month | 2.62 | 0.08 | 4.64 | (2.43) | 23.80 | |
| OPM | OPmobility SE | 0.00 | 0 per month | 1.49 | 0.07 | 4.20 | (2.27) | 11.10 | |
| AKW | Akwel SA | 0.00 | 0 per month | 0.00 | (0.14) | 2.81 | (2.94) | 22.58 | |
| RNO | Renault SA | 0.00 | 0 per month | 0.00 | (0.11) | 2.65 | (2.60) | 9.31 | |
| FRVIA | Forvia SE | 0.00 | 0 per month | 1.95 | 0.18 | 4.51 | (3.23) | 11.10 | |
| ALDEL | Delfingen | 0.00 | 0 per month | 1.88 | (0.02) | 3.72 | (2.86) | 10.58 | |
| BUR | Burelle SA | 0.00 | 0 per month | 1.37 | 0.03 | 3.95 | (2.72) | 9.14 | |
| PVL | Plastiques du Val | 0.00 | 0 per month | 2.43 | 0.12 | 9.23 | (4.60) | 20.67 |
Other Forecasting Options for Compagnie Generale
For every potential investor in Compagnie, whether a beginner or expert, Compagnie Generale's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Compagnie Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Compagnie. Basic forecasting techniques help filter out the noise by identifying Compagnie Generale's price trends.Compagnie Generale 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 Compagnie Generale stock to make a market-neutral strategy. Peer analysis of Compagnie Generale could also be used in its relative valuation, which is a method of valuing Compagnie Generale by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Compagnie Generale Market Strength Events
Market strength indicators help investors to evaluate how Compagnie Generale stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Compagnie Generale shares will generate the highest return on investment. By undertsting and applying Compagnie Generale stock market strength indicators, traders can identify Compagnie Generale des entry and exit signals to maximize returns.
| Accumulation Distribution | 67368.22 | |||
| Daily Balance Of Power | 1.292683 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 31.4 | |||
| Day Typical Price | 31.39 | |||
| Price Action Indicator | 0.49 | |||
| Period Momentum Indicator | 1.06 |
Compagnie Generale Risk Indicators
The analysis of Compagnie Generale'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 Compagnie Generale's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting compagnie 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 | 0.7897 | |||
| Semi Deviation | 0.7483 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.15 | |||
| Downside Variance | 1.13 | |||
| Semi Variance | 0.5599 | |||
| Expected Short fall | (0.89) |
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 Compagnie Generale
The number of cover stories for Compagnie Generale depends on current market conditions and Compagnie Generale's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Compagnie Generale 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 Compagnie Generale's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Compagnie Generale Short Properties
Compagnie Generale's future price predictability will typically decrease when Compagnie Generale's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Compagnie Generale des often depends not only on the future outlook of the potential Compagnie Generale'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. Compagnie Generale's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 716.7 M | |
| Cash And Short Term Investments | 4.8 B |
Other Information on Investing in Compagnie Stock
Compagnie Generale financial ratios help investors to determine whether Compagnie 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 Compagnie with respect to the benefits of owning Compagnie Generale security.