NP3 Fastigheter Stock Forecast - 4 Period Moving Average
| NP3-PREF | SEK 30.45 0.30 1.00% |
The 4 Period Moving Average forecasted value of NP3 Fastigheter AB on the next trading day is expected to be 30.32 with a mean absolute deviation of 0.18 and the sum of the absolute errors of 10.32. NP3 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NP3 Fastigheter stock prices and determine the direction of NP3 Fastigheter AB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NP3 Fastigheter's historical fundamentals, such as revenue growth or operating cash flow patterns.
NP3 |
NP3 Fastigheter 4 Period Moving Average Price Forecast For the 29th of November
Given 90 days horizon, the 4 Period Moving Average forecasted value of NP3 Fastigheter AB on the next trading day is expected to be 30.32 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.06, and the sum of the absolute errors of 10.32.Please note that although there have been many attempts to predict NP3 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 NP3 Fastigheter's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
NP3 Fastigheter Stock Forecast Pattern
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NP3 Fastigheter Forecasted Value
In the context of forecasting NP3 Fastigheter'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. NP3 Fastigheter's downside and upside margins for the forecasting period are 29.74 and 30.91, respectively. We have considered NP3 Fastigheter'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 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of NP3 Fastigheter stock data series using in forecasting. Note that when a statistical model is used to represent NP3 Fastigheter 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 | 107.9955 |
| Bias | Arithmetic mean of the errors | -0.0371 |
| MAD | Mean absolute deviation | 0.181 |
| MAPE | Mean absolute percentage error | 0.006 |
| SAE | Sum of the absolute errors | 10.315 |
Predictive Modules for NP3 Fastigheter
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NP3 Fastigheter AB. 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.Other Forecasting Options for NP3 Fastigheter
For every potential investor in NP3, whether a beginner or expert, NP3 Fastigheter's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NP3 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NP3. Basic forecasting techniques help filter out the noise by identifying NP3 Fastigheter's price trends.NP3 Fastigheter 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 NP3 Fastigheter stock to make a market-neutral strategy. Peer analysis of NP3 Fastigheter could also be used in its relative valuation, which is a method of valuing NP3 Fastigheter by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NP3 Fastigheter AB 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 NP3 Fastigheter'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 NP3 Fastigheter's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
NP3 Fastigheter Market Strength Events
Market strength indicators help investors to evaluate how NP3 Fastigheter stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NP3 Fastigheter shares will generate the highest return on investment. By undertsting and applying NP3 Fastigheter stock market strength indicators, traders can identify NP3 Fastigheter AB entry and exit signals to maximize returns.
NP3 Fastigheter Risk Indicators
The analysis of NP3 Fastigheter'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 NP3 Fastigheter's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting np3 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 | 0.4392 | |||
| Semi Deviation | 0.4239 | |||
| Standard Deviation | 0.5811 | |||
| Variance | 0.3377 | |||
| Downside Variance | 0.3491 | |||
| Semi Variance | 0.1797 | |||
| Expected Short fall | (0.59) |
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.
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Other Information on Investing in NP3 Stock
NP3 Fastigheter financial ratios help investors to determine whether NP3 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 NP3 with respect to the benefits of owning NP3 Fastigheter security.