Nucletron Electronic Stock Forecast - Simple Regression

NUC Stock  EUR 7.60  0.00  0.00%   
The Simple Regression forecasted value of Nucletron Electronic Aktiengesellschaft on the next trading day is expected to be 7.60 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Nucletron Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Nucletron Electronic's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Nucletron Electronic 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.

Nucletron Electronic Simple Regression Price Forecast For the 28th of November

Given 90 days horizon, the Simple Regression forecasted value of Nucletron Electronic Aktiengesellschaft on the next trading day is expected to be 7.60 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Nucletron 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 Nucletron Electronic's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Nucletron Electronic Stock Forecast Pattern

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Nucletron Electronic Forecasted Value

In the context of forecasting Nucletron Electronic'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. Nucletron Electronic's downside and upside margins for the forecasting period are 7.60 and 7.60, respectively. We have considered Nucletron Electronic'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
7.60
7.60
Expected Value
7.60
Upside

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 Nucletron Electronic stock data series using in forecasting. Note that when a statistical model is used to represent Nucletron Electronic 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 Criteria54.818
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
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 Nucletron Electronic Aktiengesellschaft 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 Nucletron Electronic

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nucletron Electronic. 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
7.607.607.60
Details
Intrinsic
Valuation
LowRealHigh
7.607.607.60
Details

Other Forecasting Options for Nucletron Electronic

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

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

Nucletron Electronic 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 Nucletron Electronic'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 Nucletron Electronic's current price.

Nucletron Electronic Market Strength Events

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

Currently Active Assets on Macroaxis

Other Information on Investing in Nucletron Stock

Nucletron Electronic financial ratios help investors to determine whether Nucletron 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 Nucletron with respect to the benefits of owning Nucletron Electronic security.