Shurgard Self Pink Sheet Forecast - Simple Regression

SSSAF Stock  USD 33.75  1.25  3.57%   
The Simple Regression forecasted value of Shurgard Self Storage on the next trading day is expected to be 33.45 with a mean absolute deviation of 0.84 and the sum of the absolute errors of 51.12. Shurgard Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Shurgard Self's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Shurgard Self 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.

Shurgard Self Simple Regression Price Forecast For the 27th of December

Given 90 days horizon, the Simple Regression forecasted value of Shurgard Self Storage on the next trading day is expected to be 33.45 with a mean absolute deviation of 0.84, mean absolute percentage error of 1.20, and the sum of the absolute errors of 51.12.
Please note that although there have been many attempts to predict Shurgard 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 Shurgard Self's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Shurgard Self Pink Sheet Forecast Pattern

Backtest Shurgard SelfShurgard Self Price PredictionBuy or Sell Advice 

Shurgard Self Forecasted Value

In the context of forecasting Shurgard Self'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. Shurgard Self's downside and upside margins for the forecasting period are 31.54 and 35.36, respectively. We have considered Shurgard Self'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
33.75
33.45
Expected Value
35.36
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 Shurgard Self pink sheet data series using in forecasting. Note that when a statistical model is used to represent Shurgard Self 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 Criteria118.2888
BiasArithmetic mean of the errors None
MADMean absolute deviation0.8381
MAPEMean absolute percentage error0.0225
SAESum of the absolute errors51.1215
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 Shurgard Self Storage 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 Shurgard Self

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shurgard Self Storage. 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
31.8433.7535.66
Details
Intrinsic
Valuation
LowRealHigh
25.7727.6837.13
Details
Bollinger
Band Projection (param)
LowMiddleHigh
32.4036.9241.43
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shurgard Self. Your research has to be compared to or analyzed against Shurgard Self's peers to derive any actionable benefits. When done correctly, Shurgard Self'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 Shurgard Self Storage.

Other Forecasting Options for Shurgard Self

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

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

Shurgard Self Storage Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Shurgard Self'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 Shurgard Self's current price.

Shurgard Self Market Strength Events

Market strength indicators help investors to evaluate how Shurgard Self 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 Shurgard Self shares will generate the highest return on investment. By undertsting and applying Shurgard Self pink sheet market strength indicators, traders can identify Shurgard Self Storage entry and exit signals to maximize returns.

Shurgard Self Risk Indicators

The analysis of Shurgard Self'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 Shurgard Self's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shurgard 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Shurgard Pink Sheet

Shurgard Self financial ratios help investors to determine whether Shurgard Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shurgard with respect to the benefits of owning Shurgard Self security.