OMV Aktiengesellscha OTC Stock Forward View - Simple Regression

OMV Aktiengesellscha Additional Predictive Modules

Most predictive techniques to examine OMV price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for OMV using various technical indicators. When you analyze OMV 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. Simple Regression model is a single variable regression model that attempts to put a straight line through OMV Aktiengesellscha 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.

OMV Aktiengesellscha Simple Regression Price Forecast For the 31st of January

Given 90 days horizon, the Simple Regression forecasted value of OMV Aktiengesellschaft on the next trading day is expected to be 56.93 with a mean absolute deviation of 0.79, mean absolute percentage error of 1.17, and the sum of the absolute errors of 48.86.

OMV Aktiengesellscha OTC Stock Forecast Pattern

Backtest OMV Aktiengesellscha

OMV Aktiengesellscha Price Prediction

Buy or Sell Advice

OMV Aktiengesellscha Forecasted Value

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 OMV Aktiengesellscha otc stock data series using in forecasting. Note that when a statistical model is used to represent OMV Aktiengesellscha otc 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. 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 OMV 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 OMV Aktiengesellscha

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OMV Aktiengesellschaft. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 Low Estimated High 58.83 60.00 61.17 Details

Intrinsic Valuation Low Real High 57.16 58.33 66.00 Details

Bollinger Band Projection (param) Low Middle High 52.86 55.87 58.88 Details

OMV Aktiengesellscha After-Hype Price Density Analysis

OMV Aktiengesellscha Estimiated After-Hype Price Volatility

OMV Aktiengesellscha OTC Stock Price Outlook Analysis

Notes

OMV Aktiengesellscha Hype Timeline

OMV Aktiengesellschaft is now traded for 60.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.04. OMV is forecasted 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 forecasted to be very small, whereas the daily expected return is now at 0.17%. %. The volatility of related hype on OMV Aktiengesellscha is about 527.03%, with the expected price after the next announcement by competition of 60.04. About 31.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.78. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. OMV Aktiengesellschaft recorded earning per share (EPS) of 12.69. The entity last dividend was issued on the 6th of June 2023. The firm had 10:1 split on the 11th of July 2005. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of OMV Aktiengesellscha to cross-verify your projections.

OMV Aktiengesellscha Related Hype Analysis

Other Forecasting Options for OMV Aktiengesellscha

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

OMV Aktiengesellscha Related Equities

Risk & Return

Correlation

OMV Aktiengesellscha Market Strength Events

OMV Aktiengesellscha Risk Indicators

Story Coverage note for OMV Aktiengesellscha

Other Macroaxis Stories

Other Information on Investing in OMV OTC Stock