Piippo OYJ Stock Forward View - Double Exponential Smoothing
| PIIPPO Stock | EUR 1.80 0.24 15.38% |
Piippo Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Piippo OYJ stock prices and determine the direction of Piippo OYJ's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Piippo OYJ's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the value of rsi of Piippo OYJ's share price is below 20 indicating 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 Piippo OYJ hype-based prediction, you can estimate the value of Piippo OYJ from the perspective of Piippo OYJ response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Piippo OYJ on the next trading day is expected to be 1.82 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 2.03. Piippo OYJ after-hype prediction price | EUR 1.8 |
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.
Piippo |
Piippo OYJ Additional Predictive Modules
Most predictive techniques to examine Piippo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Piippo using various technical indicators. When you analyze Piippo 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 | ||
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Piippo OYJ Double Exponential Smoothing Price Forecast For the 9th of February
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Piippo OYJ on the next trading day is expected to be 1.82 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 2.03.Please note that although there have been many attempts to predict Piippo Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Piippo OYJ's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Piippo OYJ Stock Forecast Pattern
| Backtest Piippo OYJ | Piippo OYJ Price Prediction | Research Analysis |
Piippo OYJ Forecasted Value
In the context of forecasting Piippo OYJ'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. Piippo OYJ's downside and upside margins for the forecasting period are 0.02 and 4.91, respectively. We have considered Piippo OYJ'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 Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Piippo OYJ stock data series using in forecasting. Note that when a statistical model is used to represent Piippo OYJ 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.0085 |
| MAD | Mean absolute deviation | 0.0345 |
| MAPE | Mean absolute percentage error | 0.0193 |
| SAE | Sum of the absolute errors | 2.0328 |
Predictive Modules for Piippo OYJ
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Piippo OYJ. 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.Piippo OYJ After-Hype Price Density Analysis
As far as predicting the price of Piippo OYJ 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 Piippo OYJ 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 Piippo OYJ, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Piippo OYJ Estimiated After-Hype Price Volatility
In the context of predicting Piippo OYJ's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Piippo OYJ's historical news coverage. Piippo OYJ's after-hype downside and upside margins for the prediction period are 0.09 and 4.91, respectively. We have considered Piippo OYJ'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Piippo OYJ is very risky at this time. Analysis and calculation of next after-hype price of Piippo OYJ is based on 3 months time horizon.
Piippo OYJ Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Piippo OYJ is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Piippo OYJ 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 Piippo OYJ, 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 |
0.13 | 3.09 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
1.80 | 1.80 | 0.00 |
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Piippo OYJ Hype Timeline
Piippo OYJ is at this time traded for 1.80on Helsinki Exchange of Finland. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Piippo 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 at this time at -0.13%. %. The volatility of related hype on Piippo OYJ is about 0.0%, with the expected price after the next announcement by competition of 1.80. The company has price-to-book ratio of 0.59. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Piippo OYJ last dividend was issued on the 7th of July 2022. Assuming the 90 days trading horizon the next forecasted press release will be within a week. Check out Historical Fundamental Analysis of Piippo OYJ to cross-verify your projections.Piippo OYJ Related Hype Analysis
Having access to credible news sources related to Piippo OYJ's direct competition is more important than ever and may enhance your ability to predict Piippo OYJ's future price movements. Getting to know how Piippo OYJ'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 Piippo OYJ may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DETEC | Detection Technology OY | 0.00 | 0 per month | 1.44 | 0.04 | 4.09 | (2.62) | 8.50 | |
| VINCIT | Vincit Group Oyj | 0.00 | 0 per month | 0.00 | (0.10) | 3.85 | (3.70) | 9.74 | |
| FODELIA | Fodelia | 0.00 | 0 per month | 0.00 | (0.1) | 2.63 | (1.89) | 9.41 | |
| FONDIA | Fondia Oyj | 0.00 | 0 per month | 0.93 | 0.08 | 2.48 | (1.75) | 5.80 | |
| RAIVV | Raisio Oyj Vaihto osake | 0.00 | 0 per month | 0.65 | 0.06 | 1.98 | (1.13) | 5.29 |
Other Forecasting Options for Piippo OYJ
For every potential investor in Piippo, whether a beginner or expert, Piippo OYJ's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Piippo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Piippo. Basic forecasting techniques help filter out the noise by identifying Piippo OYJ's price trends.Piippo OYJ 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 Piippo OYJ stock to make a market-neutral strategy. Peer analysis of Piippo OYJ could also be used in its relative valuation, which is a method of valuing Piippo OYJ by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Piippo OYJ Market Strength Events
Market strength indicators help investors to evaluate how Piippo OYJ stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Piippo OYJ shares will generate the highest return on investment. By undertsting and applying Piippo OYJ stock market strength indicators, traders can identify Piippo OYJ entry and exit signals to maximize returns.
Piippo OYJ Risk Indicators
The analysis of Piippo OYJ'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 Piippo OYJ's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting piippo 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 | 1.62 | |||
| Standard Deviation | 2.98 | |||
| Variance | 8.9 |
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 Piippo OYJ
The number of cover stories for Piippo OYJ depends on current market conditions and Piippo OYJ's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Piippo OYJ 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 Piippo OYJ'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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Other Information on Investing in Piippo Stock
Piippo OYJ financial ratios help investors to determine whether Piippo 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 Piippo with respect to the benefits of owning Piippo OYJ security.