RENB Old Stock Forecast - Naive Prediction

RENB Old Additional Predictive Modules

Most predictive techniques to examine RENB price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for RENB using various technical indicators. When you analyze RENB 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. A naive forecasting model for RENB Old is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of RENB Old value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

RENB Old Naive Prediction Price Forecast For the 25th of January

Given 90 days horizon, the Naive Prediction forecasted value of RENB Old on the next trading day is expected to be 1.24 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.42.

RENB Old Stock Forecast Pattern

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RENB Old Price Prediction

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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 RENB Old stock data series using in forecasting. Note that when a statistical model is used to represent RENB Old 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. This model is not at all useful as a medium-long range forecasting tool of RENB Old. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict RENB Old. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for RENB Old

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RENB Old. 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 Low Estimated High 1.27 1.27 1.27 Details

Intrinsic Valuation Low Real High 1.21 1.21 1.40 Details

Bollinger Band Projection (param) Low Middle High 1.23 2.01 2.79 Details

RENB Old After-Hype Price Prediction Density Analysis

RENB Old Estimiated After-Hype Price Volatility

RENB Old Stock Price Prediction Analysis

RENB Old Hype Timeline

RENB Old is at this time traded for 1.27. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. RENB is estimated 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 estimated to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on RENB Old is about 0.0%, with the expected price after the next announcement by competition of 1.27. About 37.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.34. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. RENB Old recorded a loss per share of 2.43. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 30th of September 2025. Given the investment horizon of 90 days the next estimated press release will be in about 3 days. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

RENB Old Related Hype Analysis

RENB Old Related Equities

Risk & Return

Correlation

RENB Old Market Strength Events

RENB Old Risk Indicators

Story Coverage note for RENB Old

RENB Old Short Properties

Other Consideration for investing in RENB Stock