Sdiptech Stock Forecast - Simple Exponential Smoothing
| SDIP-PREF | SEK 124.00 1.00 0.80% |
The Simple Exponential Smoothing forecasted value of Sdiptech AB on the next trading day is expected to be 124.04 with a mean absolute deviation of 0.78 and the sum of the absolute errors of 47.70. Sdiptech Stock Forecast is based on your current time horizon.
At this time, the value of RSI of Sdiptech's share price is approaching 46. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Sdiptech, making its price go up or down. Momentum 46
Impartial
Oversold | Overbought |
Using Sdiptech hype-based prediction, you can estimate the value of Sdiptech AB from the perspective of Sdiptech response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Sdiptech AB on the next trading day is expected to be 124.04 with a mean absolute deviation of 0.78 and the sum of the absolute errors of 47.70. Sdiptech after-hype prediction price | SEK 124.0 |
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.
Sdiptech |
Sdiptech Additional Predictive Modules
Most predictive techniques to examine Sdiptech price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sdiptech using various technical indicators. When you analyze Sdiptech 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 | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
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| Volatility Indicators | ||
| Volume Indicators |
Sdiptech Simple Exponential Smoothing Price Forecast For the 24th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Sdiptech AB on the next trading day is expected to be 124.04 with a mean absolute deviation of 0.78, mean absolute percentage error of 1.00, and the sum of the absolute errors of 47.70.Please note that although there have been many attempts to predict Sdiptech 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 Sdiptech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sdiptech Stock Forecast Pattern
| Backtest Sdiptech | Sdiptech Price Prediction | Buy or Sell Advice |
Sdiptech Forecasted Value
In the context of forecasting Sdiptech'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. Sdiptech's downside and upside margins for the forecasting period are 123.27 and 124.82, respectively. We have considered Sdiptech'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 Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Sdiptech stock data series using in forecasting. Note that when a statistical model is used to represent Sdiptech 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 | 118.1069 |
| Bias | Arithmetic mean of the errors | -0.0273 |
| MAD | Mean absolute deviation | 0.782 |
| MAPE | Mean absolute percentage error | 0.0062 |
| SAE | Sum of the absolute errors | 47.7028 |
Predictive Modules for Sdiptech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sdiptech 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.Sdiptech After-Hype Price Prediction Density Analysis
As far as predicting the price of Sdiptech 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 Sdiptech 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 Sdiptech, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Sdiptech Estimiated After-Hype Price Volatility
In the context of predicting Sdiptech's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Sdiptech's historical news coverage. Sdiptech's after-hype downside and upside margins for the prediction period are 123.21 and 124.79, respectively. We have considered Sdiptech'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
Sdiptech is very steady at this time. Analysis and calculation of next after-hype price of Sdiptech AB is based on 3 months time horizon.
Sdiptech Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Sdiptech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sdiptech 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 Sdiptech, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.00 | 0.78 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
124.00 | 124.00 | 0.00 |
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Sdiptech Hype Timeline
Sdiptech AB is at this time traded for 124.00on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Sdiptech is projected 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 projected to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on Sdiptech is about 0.0%, with the expected price after the next announcement by competition of 124.00. About 13.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.62. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sdiptech AB has Price/Earnings To Growth (PEG) ratio of 0.58. The entity recorded earning per share (EPS) of 9.88. The firm last dividend was issued on the 14th of March 2023. Assuming the 90 days trading horizon the next projected press release will be within a week. Check out Historical Fundamental Analysis of Sdiptech to cross-verify your projections.Sdiptech Related Hype Analysis
Having access to credible news sources related to Sdiptech's direct competition is more important than ever and may enhance your ability to predict Sdiptech's future price movements. Getting to know how Sdiptech'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 Sdiptech may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| MILDEF | MilDef Group AB | 0.00 | 0 per month | 0.00 | (0.14) | 6.42 | (7.03) | 15.76 | |
| FAG | Fagerhult AB | 0.00 | 0 per month | 0.00 | (0.12) | 2.10 | (2.87) | 11.50 | |
| INSTAL | Instalco Intressenter AB | 0.00 | 0 per month | 2.05 | (0.05) | 3.17 | (2.95) | 9.70 | |
| INWI | Inwido AB | 0.00 | 0 per month | 1.13 | 0 | 2.54 | (1.95) | 7.04 | |
| TROAX | Troax Group AB | 0.00 | 0 per month | 2.35 | (0.02) | 4.32 | (3.41) | 11.65 | |
| VOLO | Volati AB | 0.00 | 0 per month | 0.00 | (0.12) | 2.91 | (3.09) | 11.61 | |
| GOTL-A | Gotland Rederi AB | 0.00 | 0 per month | 0.00 | (0.08) | 4.41 | (3.60) | 8.22 | |
| NMAN | Nederman Holding AB | 0.00 | 0 per month | 0.00 | (0.11) | 3.03 | (3.25) | 7.80 | |
| ALLIGO-B | Alligo AB Series | 0.00 | 0 per month | 2.00 | 0.02 | 3.00 | (3.11) | 9.30 | |
| BERG-B | Bergman Beving AB | 0.00 | 0 per month | 0.00 | (0.18) | 2.30 | (3.05) | 8.32 |
Other Forecasting Options for Sdiptech
For every potential investor in Sdiptech, whether a beginner or expert, Sdiptech's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sdiptech Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sdiptech. Basic forecasting techniques help filter out the noise by identifying Sdiptech's price trends.Sdiptech 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 Sdiptech stock to make a market-neutral strategy. Peer analysis of Sdiptech could also be used in its relative valuation, which is a method of valuing Sdiptech by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sdiptech Market Strength Events
Market strength indicators help investors to evaluate how Sdiptech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sdiptech shares will generate the highest return on investment. By undertsting and applying Sdiptech stock market strength indicators, traders can identify Sdiptech AB entry and exit signals to maximize returns.
Sdiptech Risk Indicators
The analysis of Sdiptech'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 Sdiptech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sdiptech 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 | 0.5968 | |||
| Standard Deviation | 0.7851 | |||
| Variance | 0.6164 |
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 Sdiptech
The number of cover stories for Sdiptech depends on current market conditions and Sdiptech's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Sdiptech 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 Sdiptech's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Sdiptech Short Properties
Sdiptech's future price predictability will typically decrease when Sdiptech's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Sdiptech AB often depends not only on the future outlook of the potential Sdiptech's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Sdiptech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.4 M | |
| Cash And Short Term Investments | 368.8 M |
Additional Tools for Sdiptech Stock Analysis
When running Sdiptech's price analysis, check to measure Sdiptech'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 Sdiptech is operating at the current time. Most of Sdiptech's value examination focuses on studying past and present price action to predict the probability of Sdiptech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sdiptech's price. Additionally, you may evaluate how the addition of Sdiptech to your portfolios can decrease your overall portfolio volatility.