Saab AB Pink Sheet Forecast - Simple Regression

SAABY Stock  USD 40.00  1.70  4.44%   
The Simple Regression forecasted value of Saab AB on the next trading day is expected to be 35.88 with a mean absolute deviation of 2.87 and the sum of the absolute errors of 177.88. Saab Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Saab AB's share price is below 20 . This usually implies that the pink sheet 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
The successful prediction of Saab AB's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Saab AB, which may create opportunities for some arbitrage if properly timed.
Using Saab AB hype-based prediction, you can estimate the value of Saab AB from the perspective of Saab AB response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Saab AB on the next trading day is expected to be 35.88 with a mean absolute deviation of 2.87 and the sum of the absolute errors of 177.88.

Saab AB after-hype prediction price

    
  USD 40.0  
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Historical Fundamental Analysis of Saab AB to cross-verify your projections.

Saab AB Additional Predictive Modules

Most predictive techniques to examine Saab price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Saab using various technical indicators. When you analyze Saab 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Saab AB price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Saab AB Simple Regression Price Forecast For the 25th of January

Given 90 days horizon, the Simple Regression forecasted value of Saab AB on the next trading day is expected to be 35.88 with a mean absolute deviation of 2.87, mean absolute percentage error of 9.39, and the sum of the absolute errors of 177.88.
Please note that although there have been many attempts to predict Saab Pink Sheet 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 Saab AB's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Saab AB Pink Sheet Forecast Pattern

Backtest Saab ABSaab AB Price PredictionBuy or Sell Advice 

Saab AB Forecasted Value

In the context of forecasting Saab AB's Pink Sheet 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. Saab AB's downside and upside margins for the forecasting period are 33.17 and 38.59, respectively. We have considered Saab AB'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.
Market Value
40.00
35.88
Expected Value
38.59
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Saab AB pink sheet data series using in forecasting. Note that when a statistical model is used to represent Saab AB pink sheet, 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 Criteria122.1882
BiasArithmetic mean of the errors None
MADMean absolute deviation2.869
MAPEMean absolute percentage error0.0986
SAESum of the absolute errors177.8793
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Saab AB historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Saab AB

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Saab AB. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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
37.3140.0042.69
Details
Intrinsic
Valuation
LowRealHigh
36.0047.6050.29
Details
Bollinger
Band Projection (param)
LowMiddleHigh
21.0031.1941.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Saab AB. Your research has to be compared to or analyzed against Saab AB's peers to derive any actionable benefits. When done correctly, Saab AB's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Saab AB.

Saab AB After-Hype Price Prediction Density Analysis

As far as predicting the price of Saab AB 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 Saab AB 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 Pink Sheet prices, such as prices of Saab AB, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Saab AB Estimiated After-Hype Price Volatility

In the context of predicting Saab AB's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Saab AB's historical news coverage. Saab AB's after-hype downside and upside margins for the prediction period are 37.31 and 42.69, respectively. We have considered Saab AB'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
40.00
40.00
After-hype Price
42.69
Upside
Saab AB is very steady at this time. Analysis and calculation of next after-hype price of Saab AB is based on 3 months time horizon.

Saab AB Pink Sheet Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Saab AB is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Saab AB 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 Pink Sheet 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 Saab AB, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.68 
2.71
 0.00  
 0.00  
0 Events / Month
1 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
40.00
40.00
0.00 
0.00  
Notes

Saab AB Hype Timeline

Saab AB is at this time traded for 40.00. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Saab 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 0.68%. %. The volatility of related hype on Saab AB is about 38714.29%, with the expected price after the next announcement by competition of 40.00. The company has price-to-book ratio of 1.93. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Saab AB last dividend was issued on the 7th of April 2022. Assuming the 90 days horizon the next forecasted press release will be within a week.
Check out Historical Fundamental Analysis of Saab AB to cross-verify your projections.

Saab AB Related Hype Analysis

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

Other Forecasting Options for Saab AB

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

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

Saab AB Market Strength Events

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

Saab AB Risk Indicators

The analysis of Saab AB'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 Saab AB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting saab pink sheet 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 Saab AB

The number of cover stories for Saab AB depends on current market conditions and Saab AB's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Saab AB 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 Saab AB's 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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Additional Tools for Saab Pink Sheet Analysis

When running Saab AB's price analysis, check to measure Saab AB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Saab AB is operating at the current time. Most of Saab AB's value examination focuses on studying past and present price action to predict the probability of Saab AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saab AB's price. Additionally, you may evaluate how the addition of Saab AB to your portfolios can decrease your overall portfolio volatility.