Snam SpA Pink Sheet Forecast - Simple Regression

Snam SpA Additional Predictive Modules

Most predictive techniques to examine Snam price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Snam using various technical indicators. When you analyze Snam 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 Snam SpA 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.

Snam SpA Simple Regression Price Forecast For the 23rd of January

Given 90 days horizon, the Simple Regression forecasted value of Snam SpA on the next trading day is expected to be 5.68 with a mean absolute deviation of 0.18, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.98.

Snam SpA Pink Sheet Forecast Pattern

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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 Snam SpA pink sheet data series using in forecasting. Note that when a statistical model is used to represent Snam SpA 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. 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 Snam SpA 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 Snam SpA

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Snam SpA. 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 Low Estimated High 5.40 5.40 5.40 Details

Intrinsic Valuation Low Real High 4.42 4.42 5.94 Details

Bollinger Band Projection (param) Low Middle High 5.40 5.40 5.40 Details

Snam SpA After-Hype Price Prediction Density Analysis

Snam SpA Estimiated After-Hype Price Volatility

Snam SpA Pink Sheet Price Prediction Analysis

Snam SpA Hype Timeline

Snam SpA is at this time traded for 5.40. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Snam 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 Snam SpA is about 0.0%, with the expected price after the next announcement by competition of 5.40. About 38.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.97. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Snam SpA last dividend was issued on the 23rd of January 2023. Assuming the 90 days horizon the next projected press release will be within a week. Check out World Market Map 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 various price indices.

Snam SpA Related Hype Analysis

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Story Coverage note for Snam SpA

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