Pipe Works Stock Forward View - Polynomial Regression

PROFK Stock  EUR 1.80  0.01  0.56%   
Pipe Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Pipe Works stock prices and determine the direction of Pipe Works L's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Pipe Works' historical fundamentals, such as revenue growth or operating cash flow patterns.
The value of RSI of Pipe Works' stock price is about 65 indicating that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Pipe, making its price go up or down.

Momentum 65

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of Pipe Works' future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Pipe Works L, which may create opportunities for some arbitrage if properly timed.
Using Pipe Works hype-based prediction, you can estimate the value of Pipe Works L from the perspective of Pipe Works response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Pipe Works L on the next trading day is expected to be 1.66 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 4.01.

Pipe Works after-hype prediction price

    
  EUR 0.0  
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.
  
Check out Historical Fundamental Analysis of Pipe Works to cross-verify your projections.

Pipe Works Additional Predictive Modules

Most predictive techniques to examine Pipe price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Pipe using various technical indicators. When you analyze Pipe 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.
Pipe Works polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Pipe Works L as well as the accuracy indicators are determined from the period prices.

Pipe Works Polynomial Regression Price Forecast For the 5th of February

Given 90 days horizon, the Polynomial Regression forecasted value of Pipe Works L on the next trading day is expected to be 1.66 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.01.
Please note that although there have been many attempts to predict Pipe 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 Pipe Works' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pipe Works Stock Forecast Pattern

Backtest Pipe Works  Pipe Works Price Prediction  Research Analysis  

Pipe Works Forecasted Value

In the context of forecasting Pipe Works' 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. Pipe Works' downside and upside margins for the forecasting period are 0.02 and 5.88, respectively. We have considered Pipe Works' 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
1.80
1.66
Expected Value
5.88
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Pipe Works stock data series using in forecasting. Note that when a statistical model is used to represent Pipe Works 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 Criteria114.9094
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0647
MAPEMean absolute percentage error0.0434
SAESum of the absolute errors4.0093
A single variable polynomial regression model attempts to put a curve through the Pipe Works historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Pipe Works

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pipe Works L. 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
0.000.004.20
Details
Intrinsic
Valuation
LowRealHigh
0.020.454.65
Details

Pipe Works After-Hype Price Density Analysis

As far as predicting the price of Pipe Works 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 Pipe Works 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 Pipe Works, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Pipe Works Estimiated After-Hype Price Volatility

In the context of predicting Pipe Works' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Pipe Works' historical news coverage. Pipe Works' after-hype downside and upside margins for the prediction period are 0.00 and 4.20, respectively. We have considered Pipe Works' 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
1.80
0.00
After-hype Price
4.20
Upside
Pipe Works is out of control at this time. Analysis and calculation of next after-hype price of Pipe Works L is based on 3 months time horizon.

Pipe Works Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Pipe Works is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Pipe Works 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 Pipe Works, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.58 
4.22
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
1.80
0.00
0.00 
0.00  
Notes

Pipe Works Hype Timeline

Pipe Works L is at this time traded for 1.80on Athens Exchange of Greece. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Pipe 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 0.58%. %. The volatility of related hype on Pipe Works is about 0.0%, with the expected price after the next announcement by competition of 1.80. About 62.0% of the company outstanding shares are owned by corporate insiders. The company last dividend was issued on the 6th of July 2007. Pipe Works L had 1:10 split on the 6th of February 2013. Assuming the 90 days trading horizon the next forecasted press release will be within a week.
Check out Historical Fundamental Analysis of Pipe Works to cross-verify your projections.

Pipe Works Related Hype Analysis

Having access to credible news sources related to Pipe Works' direct competition is more important than ever and may enhance your ability to predict Pipe Works' future price movements. Getting to know how Pipe Works' 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 Pipe Works may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Pipe Works

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

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

Pipe Works Market Strength Events

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

Pipe Works Risk Indicators

The analysis of Pipe Works' 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 Pipe Works' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pipe 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.
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 Pipe Works

The number of cover stories for Pipe Works depends on current market conditions and Pipe Works' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Pipe Works 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 Pipe Works' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Other Information on Investing in Pipe Stock

Pipe Works financial ratios help investors to determine whether Pipe 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 Pipe with respect to the benefits of owning Pipe Works security.