Nexans SA Stock Forward View - Simple Regression
| NEX Stock | EUR 122.90 3.20 2.54% |
Nexans Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Nexans SA stock prices and determine the direction of Nexans SA's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Nexans SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
The relative strength index (RSI) of Nexans SA's share price is above 70 at this time. This indicates that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Nexans, making its price go up or down. Momentum 74
Buy Stretched
Oversold | Overbought |
Quarterly Earnings Growth 1.15 | EPS Estimate Current Year 7.6538 | EPS Estimate Next Year 8.9031 | Wall Street Target Price 137.5333 | Quarterly Revenue Growth 0.112 |
Using Nexans SA hype-based prediction, you can estimate the value of Nexans SA from the perspective of Nexans SA response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Nexans SA on the next trading day is expected to be 134.10 with a mean absolute deviation of 3.83 and the sum of the absolute errors of 233.40. Nexans SA after-hype prediction price | EUR 122.32 |
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.
Nexans |
Nexans SA Additional Predictive Modules
Most predictive techniques to examine Nexans price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nexans using various technical indicators. When you analyze Nexans 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 |
Nexans SA Simple Regression Price Forecast For the 24th of February
Given 90 days horizon, the Simple Regression forecasted value of Nexans SA on the next trading day is expected to be 134.10 with a mean absolute deviation of 3.83, mean absolute percentage error of 21.04, and the sum of the absolute errors of 233.40.Please note that although there have been many attempts to predict Nexans Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Nexans SA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Nexans SA Stock Forecast Pattern
| Backtest Nexans SA | Nexans SA Price Prediction | Research Analysis |
Nexans SA Forecasted Value
In the context of forecasting Nexans SA'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. Nexans SA's downside and upside margins for the forecasting period are 132.13 and 136.07, respectively. We have considered Nexans SA'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 Nexans SA stock data series using in forecasting. Note that when a statistical model is used to represent Nexans SA 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 | 121.1568 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 3.8262 |
| MAPE | Mean absolute percentage error | 0.0295 |
| SAE | Sum of the absolute errors | 233.4009 |
Predictive Modules for Nexans SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nexans SA. 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.Nexans SA After-Hype Price Density Analysis
As far as predicting the price of Nexans SA 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 Nexans SA 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 Nexans SA, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Nexans SA Estimiated After-Hype Price Volatility
In the context of predicting Nexans SA's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nexans SA's historical news coverage. Nexans SA's after-hype downside and upside margins for the prediction period are 120.35 and 124.29, respectively. We have considered Nexans SA'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Nexans SA is very steady at this time. Analysis and calculation of next after-hype price of Nexans SA is based on 3 months time horizon.
Nexans SA Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Nexans SA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nexans SA 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 Nexans SA, 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 |
0.08 | 1.97 | 0.58 | 0.02 | 2 Events / Month | 2 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
122.90 | 122.32 | 0.47 |
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Nexans SA Hype Timeline
Nexans SA is now traded for 122.90on Euronext Paris of France. The entity has historical hype elasticity of -0.58, and average elasticity to hype of competition of -0.02. Nexans is anticipated to decline in value after the next headline, with the price expected to drop to 122.32. The average volatility of media hype impact on the company price is about 26.99%. The price drop on the next news is expected to be -0.47%, whereas the daily expected return is now at 0.08%. The volatility of related hype on Nexans SA is about 679.31%, with the expected price after the next announcement by competition of 122.88. About 12.0% of the company outstanding shares are owned by corporate insiders. The book value of Nexans SA was now reported as 45.7. The company recorded earning per share (EPS) of 10.64. Nexans SA last dividend was issued on the 25th of May 2026. The entity had 2076:1853 split on the 17th of October 2013. Assuming the 90 days trading horizon the next anticipated press release will be in a few days. Check out Historical Fundamental Analysis of Nexans SA to cross-verify your projections.Nexans SA Related Hype Analysis
Having access to credible news sources related to Nexans SA's direct competition is more important than ever and may enhance your ability to predict Nexans SA's future price movements. Getting to know how Nexans SA'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 Nexans SA may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ODET | Compagnie de lOdet | (2.00) | 2 per month | 0.87 | (0.07) | 1.50 | (1.47) | 7.06 | |
| ELIS | Elis SA | 0.84 | 6 per month | 0.83 | 0.1 | 2.07 | (1.71) | 5.53 | |
| SW | Sodexo SA | (0.70) | 2 per month | 0.88 | 0.06 | 2.23 | (1.61) | 7.01 | |
| TEP | Teleperformance SE | (1.28) | 5 per month | 0.00 | (0.07) | 3.32 | (5.38) | 13.56 | |
| CBDG | Compagnie du Cambodge | 0.00 | 0 per month | 0.00 | (0.13) | 1.58 | (1.53) | 4.71 | |
| MRN | Mersen SA | (0.30) | 2 per month | 0.92 | 0.20 | 3.66 | (1.83) | 8.80 | |
| SPIE | SPIE SA | 0.60 | 5 per month | 0.96 | 0.15 | 2.78 | (1.78) | 6.55 | |
| ALI2S | i2S SA | 0.10 | 1 per month | 0.00 | (0.08) | 5.47 | (6.15) | 18.25 | |
| AF | Air France KLM SA | (0.32) | 6 per month | 2.22 | 0.14 | 6.14 | (3.33) | 14.54 | |
| PLX | PLUXEE NV | 0.16 | 4 per month | 0.00 | (0.08) | 3.38 | (4.66) | 13.73 |
Other Forecasting Options for Nexans SA
For every potential investor in Nexans, whether a beginner or expert, Nexans SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nexans Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nexans. Basic forecasting techniques help filter out the noise by identifying Nexans SA's price trends.Nexans SA 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 Nexans SA stock to make a market-neutral strategy. Peer analysis of Nexans SA could also be used in its relative valuation, which is a method of valuing Nexans SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nexans SA Market Strength Events
Market strength indicators help investors to evaluate how Nexans SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexans SA shares will generate the highest return on investment. By undertsting and applying Nexans SA stock market strength indicators, traders can identify Nexans SA entry and exit signals to maximize returns.
| Accumulation Distribution | 4887.76 | |||
| Daily Balance Of Power | (0.82) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 124.25 | |||
| Day Typical Price | 123.8 | |||
| Price Action Indicator | (2.95) | |||
| Period Momentum Indicator | (3.20) | |||
| Relative Strength Index | 74.55 |
Nexans SA Risk Indicators
The analysis of Nexans SA'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 Nexans SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nexans 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 | 1.49 | |||
| Semi Deviation | 2.42 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.44 | |||
| Downside Variance | 6.7 | |||
| Semi Variance | 5.87 | |||
| Expected Short fall | (1.41) |
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 Nexans SA
The number of cover stories for Nexans SA depends on current market conditions and Nexans SA's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nexans SA 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 Nexans SA'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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Other Information on Investing in Nexans Stock
Nexans SA financial ratios help investors to determine whether Nexans 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 Nexans with respect to the benefits of owning Nexans SA security.