Rogaland Sparebank Stock Forecast - Naive Prediction
| ROGS Stock | 141.00 0.50 0.36% |
Momentum 0
Sell Peaked
Oversold | Overbought |
Using Rogaland Sparebank hype-based prediction, you can estimate the value of Rogaland Sparebank from the perspective of Rogaland Sparebank response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Rogaland Sparebank on the next trading day is expected to be 141.62 with a mean absolute deviation of 1.35 and the sum of the absolute errors of 82.40. Rogaland Sparebank after-hype prediction price | NOK 141.0 |
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.
Rogaland |
Rogaland Sparebank Additional Predictive Modules
Most predictive techniques to examine Rogaland price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Rogaland using various technical indicators. When you analyze Rogaland 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 |
Rogaland Sparebank Naive Prediction Price Forecast For the 12th of January 2026
Given 90 days horizon, the Naive Prediction forecasted value of Rogaland Sparebank on the next trading day is expected to be 141.62 with a mean absolute deviation of 1.35, mean absolute percentage error of 2.66, and the sum of the absolute errors of 82.40.Please note that although there have been many attempts to predict Rogaland 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 Rogaland Sparebank's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Rogaland Sparebank Stock Forecast Pattern
Rogaland Sparebank Forecasted Value
In the context of forecasting Rogaland Sparebank'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. Rogaland Sparebank's downside and upside margins for the forecasting period are 140.48 and 142.76, respectively. We have considered Rogaland Sparebank'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 Rogaland Sparebank stock data series using in forecasting. Note that when a statistical model is used to represent Rogaland Sparebank 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 | 119.0874 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.3509 |
| MAPE | Mean absolute percentage error | 0.0097 |
| SAE | Sum of the absolute errors | 82.4029 |
Predictive Modules for Rogaland Sparebank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rogaland Sparebank. 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 Rogaland Sparebank
For every potential investor in Rogaland, whether a beginner or expert, Rogaland Sparebank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Rogaland Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Rogaland. Basic forecasting techniques help filter out the noise by identifying Rogaland Sparebank's price trends.Rogaland Sparebank 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 Rogaland Sparebank stock to make a market-neutral strategy. Peer analysis of Rogaland Sparebank could also be used in its relative valuation, which is a method of valuing Rogaland Sparebank by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Rogaland Sparebank 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 Rogaland Sparebank'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 Rogaland Sparebank's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Rogaland Sparebank Market Strength Events
Market strength indicators help investors to evaluate how Rogaland Sparebank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rogaland Sparebank shares will generate the highest return on investment. By undertsting and applying Rogaland Sparebank stock market strength indicators, traders can identify Rogaland Sparebank entry and exit signals to maximize returns.
Rogaland Sparebank Risk Indicators
The analysis of Rogaland Sparebank'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 Rogaland Sparebank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rogaland 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 | 0.7899 | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.25 |
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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Prophet is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio Prophet