OMV AG OTC Stock Forecast - Simple Regression

OMV AG 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 AG 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 AG Simple Regression Price Forecast For the 29th of January

Given 90 days horizon, the Simple Regression forecasted value of OMV AG PK on the next trading day is expected to be 14.33 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.07, and the sum of the absolute errors of 13.12.

OMV AG OTC Stock Forecast Pattern

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

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 AG PK. 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 13.55 14.87 16.19 Details

Intrinsic Valuation Low Real High 14.24 15.56 16.88 Details

Bollinger Band Projection (param) Low Middle High 13.55 14.19 14.84 Details

OMV AG After-Hype Price Density Analysis

OMV AG Estimiated After-Hype Price Volatility

OMV AG OTC Stock Price Outlook Analysis

Notes

OMV AG Hype Timeline

OMV AG PK is now traded for 14.89. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of -0.04. OMV is forecasted to decline in value after the next headline, with the price expected to drop to 14.87. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -0.13%, whereas the daily expected return is now at 0.14%. The volatility of related hype on OMV AG is about 412.5%, with the expected price after the next announcement by competition of 14.85. 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 AG PK recorded earning per share (EPS) of 12.69. The entity last dividend was issued on the 10th of June 2022. The firm had 2:1 split on the 12th of July 2005. Assuming the 90 days horizon the next forecasted press release will be in about 13 days. Check out Historical Fundamental Analysis of OMV AG to cross-verify your projections.

OMV AG Related Hype Analysis

Other Forecasting Options for OMV AG

For every potential investor in OMV, whether a beginner or expert, OMV AG'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 AG's price trends.

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OMV AG Short Properties

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