Hellenic Telecommunicatio Stock Forecast - Simple Regression
| OTE Stock | EUR 16.34 0.13 0.79% |
The Simple Regression forecasted value of Hellenic Telecommunications Organization on the next trading day is expected to be 17.15 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 19.23. Hellenic Stock Forecast is based on your current time horizon.
At this time the value of rsi of Hellenic Telecommunicatio's share price is below 20 . This indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Hellenic Telecommunicatio hype-based prediction, you can estimate the value of Hellenic Telecommunications Organization from the perspective of Hellenic Telecommunicatio response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Hellenic Telecommunications Organization on the next trading day is expected to be 17.15 with a mean absolute deviation of 0.31 and the sum of the absolute errors of 19.23. Hellenic Telecommunicatio after-hype prediction price | EUR 16.34 |
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.
Hellenic |
Hellenic Telecommunicatio Additional Predictive Modules
Most predictive techniques to examine Hellenic price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Hellenic using various technical indicators. When you analyze Hellenic 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 |
Hellenic Telecommunicatio Simple Regression Price Forecast For the 24th of January
Given 90 days horizon, the Simple Regression forecasted value of Hellenic Telecommunications Organization on the next trading day is expected to be 17.15 with a mean absolute deviation of 0.31, mean absolute percentage error of 0.15, and the sum of the absolute errors of 19.23.Please note that although there have been many attempts to predict Hellenic 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 Hellenic Telecommunicatio's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Hellenic Telecommunicatio Stock Forecast Pattern
| Backtest Hellenic Telecommunicatio | Hellenic Telecommunicatio Price Prediction | Buy or Sell Advice |
Hellenic Telecommunicatio Forecasted Value
In the context of forecasting Hellenic Telecommunicatio'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. Hellenic Telecommunicatio's downside and upside margins for the forecasting period are 16.51 and 17.79, respectively. We have considered Hellenic Telecommunicatio'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 Hellenic Telecommunicatio stock data series using in forecasting. Note that when a statistical model is used to represent Hellenic Telecommunicatio 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 | 118.0527 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3101 |
| MAPE | Mean absolute percentage error | 0.0185 |
| SAE | Sum of the absolute errors | 19.2273 |
Predictive Modules for Hellenic Telecommunicatio
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hellenic Telecommunicatio. 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.Hellenic Telecommunicatio After-Hype Price Prediction Density Analysis
As far as predicting the price of Hellenic Telecommunicatio 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 Hellenic Telecommunicatio 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 Hellenic Telecommunicatio, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Hellenic Telecommunicatio Estimiated After-Hype Price Volatility
In the context of predicting Hellenic Telecommunicatio's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Hellenic Telecommunicatio's historical news coverage. Hellenic Telecommunicatio's after-hype downside and upside margins for the prediction period are 15.70 and 16.98, respectively. We have considered Hellenic Telecommunicatio'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Hellenic Telecommunicatio is very steady at this time. Analysis and calculation of next after-hype price of Hellenic Telecommunicatio is based on 3 months time horizon.
Hellenic Telecommunicatio Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Hellenic Telecommunicatio is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hellenic Telecommunicatio 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 Hellenic Telecommunicatio, 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 |
0.05 | 0.64 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
16.34 | 16.34 | 0.00 |
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Hellenic Telecommunicatio Hype Timeline
Hellenic Telecommunicatio is now traded for 16.34on Munich Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Hellenic 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 0.05%. %. The volatility of related hype on Hellenic Telecommunicatio is about 0.0%, with the expected price after the next announcement by competition of 16.34. The company last dividend was issued on the 28th of June 1970. Assuming the 90 days trading horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Hellenic Telecommunicatio to cross-verify your projections.Hellenic Telecommunicatio Related Hype Analysis
Having access to credible news sources related to Hellenic Telecommunicatio's direct competition is more important than ever and may enhance your ability to predict Hellenic Telecommunicatio's future price movements. Getting to know how Hellenic Telecommunicatio'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 Hellenic Telecommunicatio may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 0XHR | Xenia Hotels Resorts | 0.00 | 0 per month | 1.70 | 0.08 | 3.48 | (3.15) | 9.38 | |
| 1HTA | Hyatt Hotels | 0.00 | 0 per month | 1.56 | 0.04 | 4.19 | (2.76) | 11.71 | |
| 9FM | COVIVIO HOTELS INH | 0.00 | 0 per month | 0.00 | (0.12) | 3.54 | (3.46) | 12.33 | |
| MRL | MIRAMAR HOTEL INV | 0.00 | 0 per month | 0.31 | (0.08) | 0.94 | (0.90) | 2.74 | |
| 54M | Motorcar Parts of | 0.00 | 0 per month | 0.00 | (0.10) | 4.81 | (4.35) | 26.21 | |
| 10H | Scandic Hotels Group | 0.00 | 0 per month | 3.35 | 0.02 | 3.85 | (3.39) | 26.71 | |
| WN6 | CARSALESCOM | 0.00 | 0 per month | 0.00 | (0.24) | 1.96 | (2.59) | 5.70 | |
| FDU | Commercial Vehicle Group | 0.00 | 0 per month | 2.63 | 0 | 8.51 | (4.80) | 18.62 |
Other Forecasting Options for Hellenic Telecommunicatio
For every potential investor in Hellenic, whether a beginner or expert, Hellenic Telecommunicatio's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hellenic Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hellenic. Basic forecasting techniques help filter out the noise by identifying Hellenic Telecommunicatio's price trends.Hellenic Telecommunicatio 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 Hellenic Telecommunicatio stock to make a market-neutral strategy. Peer analysis of Hellenic Telecommunicatio could also be used in its relative valuation, which is a method of valuing Hellenic Telecommunicatio by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hellenic Telecommunicatio Market Strength Events
Market strength indicators help investors to evaluate how Hellenic Telecommunicatio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hellenic Telecommunicatio shares will generate the highest return on investment. By undertsting and applying Hellenic Telecommunicatio stock market strength indicators, traders can identify Hellenic Telecommunications Organization entry and exit signals to maximize returns.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 16.34 | |||
| Day Typical Price | 16.34 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.13) |
Hellenic Telecommunicatio Risk Indicators
The analysis of Hellenic Telecommunicatio'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 Hellenic Telecommunicatio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hellenic 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 | 0.3636 | |||
| Semi Deviation | 0.3546 | |||
| Standard Deviation | 0.6264 | |||
| Variance | 0.3923 | |||
| Downside Variance | 0.5876 | |||
| Semi Variance | 0.1258 | |||
| Expected Short fall | (0.90) |
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 Hellenic Telecommunicatio
The number of cover stories for Hellenic Telecommunicatio depends on current market conditions and Hellenic Telecommunicatio's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Hellenic Telecommunicatio 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 Hellenic Telecommunicatio'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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Hellenic Telecommunicatio Short Properties
Hellenic Telecommunicatio's future price predictability will typically decrease when Hellenic Telecommunicatio's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Hellenic Telecommunications Organization often depends not only on the future outlook of the potential Hellenic Telecommunicatio's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Hellenic Telecommunicatio's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 446.6 M | |
| Dividends Paid | 426.1 M | |
| Short Long Term Debt | 397.3 M |
Additional Tools for Hellenic Stock Analysis
When running Hellenic Telecommunicatio's price analysis, check to measure Hellenic Telecommunicatio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hellenic Telecommunicatio is operating at the current time. Most of Hellenic Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Hellenic Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hellenic Telecommunicatio's price. Additionally, you may evaluate how the addition of Hellenic Telecommunicatio to your portfolios can decrease your overall portfolio volatility.