Refine Group Stock Forecast - Naive Prediction
| REFINE Stock | 0.18 0.01 5.26% |
Momentum 0
Sell Peaked
Oversold | Overbought |
Using Refine Group hype-based prediction, you can estimate the value of Refine Group AB from the perspective of Refine Group response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Refine Group AB on the next trading day is expected to be 0.18 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.88. Refine Group after-hype prediction price | SEK 0.18 |
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.
Refine |
Refine Group Additional Predictive Modules
Most predictive techniques to examine Refine price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Refine using various technical indicators. When you analyze Refine 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 |
Refine Group Naive Prediction Price Forecast For the 12th of January 2026
Given 90 days horizon, the Naive Prediction forecasted value of Refine Group AB on the next trading day is expected to be 0.18 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 0.88.Please note that although there have been many attempts to predict Refine 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 Refine Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Refine Group Stock Forecast Pattern
Refine Group Forecasted Value
In the context of forecasting Refine Group'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. Refine Group's downside and upside margins for the forecasting period are 0 and 9.41, respectively. We have considered Refine Group'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Refine Group stock data series using in forecasting. Note that when a statistical model is used to represent Refine Group 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 | 110.2117 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0144 |
| MAPE | Mean absolute percentage error | 0.0671 |
| SAE | Sum of the absolute errors | 0.8795 |
Predictive Modules for Refine Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Refine Group AB. 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.Other Forecasting Options for Refine Group
For every potential investor in Refine, whether a beginner or expert, Refine Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Refine Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Refine. Basic forecasting techniques help filter out the noise by identifying Refine Group's price trends.Refine Group 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 Refine Group stock to make a market-neutral strategy. Peer analysis of Refine Group could also be used in its relative valuation, which is a method of valuing Refine Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Refine Group AB Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Refine Group's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Refine Group's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Refine Group Market Strength Events
Market strength indicators help investors to evaluate how Refine Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Refine Group shares will generate the highest return on investment. By undertsting and applying Refine Group stock market strength indicators, traders can identify Refine Group AB entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 0.18 | |||
| Day Typical Price | 0.18 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
Refine Group Risk Indicators
The analysis of Refine Group'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 Refine Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting refine 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 | 6.61 | |||
| Standard Deviation | 9.31 | |||
| Variance | 86.73 |
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.