Stora Enso Stock Forecast - Simple Moving Average
| STE-R Stock | SEK 110.00 1.10 0.99% |
Stora Stock outlook is based on your current time horizon.
At this time, the value of RSI of Stora Enso's share price is approaching 48. 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 Stora Enso, making its price go up or down. Momentum 48
Impartial
Oversold | Overbought |
Using Stora Enso hype-based prediction, you can estimate the value of Stora Enso Oyj from the perspective of Stora Enso response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of Stora Enso Oyj on the next trading day is expected to be 110.55 with a mean absolute deviation of 1.54 and the sum of the absolute errors of 90.60. Stora Enso after-hype prediction price | SEK 111.1 |
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.
Stora |
Stora Enso Additional Predictive Modules
Most predictive techniques to examine Stora price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Stora using various technical indicators. When you analyze Stora 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 |
Stora Enso Simple Moving Average Price Forecast For the 28th of January
Given 90 days horizon, the Simple Moving Average forecasted value of Stora Enso Oyj on the next trading day is expected to be 110.55 with a mean absolute deviation of 1.54, mean absolute percentage error of 4.23, and the sum of the absolute errors of 90.60.Please note that although there have been many attempts to predict Stora 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 Stora Enso's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stora Enso Stock Forecast Pattern
| Backtest Stora Enso | Stora Enso Price Prediction | Buy or Sell Advice |
Stora Enso Forecasted Value
In the context of forecasting Stora Enso'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. Stora Enso's downside and upside margins for the forecasting period are 108.98 and 112.12, respectively. We have considered Stora Enso'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 Moving Average forecasting method's relative quality and the estimations of the prediction error of Stora Enso stock data series using in forecasting. Note that when a statistical model is used to represent Stora Enso 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 | 115.8765 |
| Bias | Arithmetic mean of the errors | -0.1068 |
| MAD | Mean absolute deviation | 1.5356 |
| MAPE | Mean absolute percentage error | 0.0138 |
| SAE | Sum of the absolute errors | 90.6 |
Predictive Modules for Stora Enso
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Stora Enso Oyj. 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.Stora Enso After-Hype Price Density Analysis
As far as predicting the price of Stora Enso 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 Stora Enso 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 Stora Enso, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Stora Enso Estimiated After-Hype Price Volatility
In the context of predicting Stora Enso's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Stora Enso's historical news coverage. Stora Enso's after-hype downside and upside margins for the prediction period are 109.53 and 112.67, respectively. We have considered Stora Enso'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
Stora Enso is very steady at this time. Analysis and calculation of next after-hype price of Stora Enso Oyj is based on 3 months time horizon.
Stora Enso Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Stora Enso is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Stora Enso 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 Stora Enso, 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 |
0.07 | 1.57 | 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 | |
110.00 | 111.10 | 0.00 |
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Stora Enso Hype Timeline
Stora Enso Oyj is at this time traded for 110.00on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Stora 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 0.07%. %. The volatility of related hype on Stora Enso is about 0.0%, with the expected price after the next announcement by competition of 110.00. About 27.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.86. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Stora Enso Oyj recorded earning per share (EPS) of 22.12. The entity last dividend was issued on the 16th of March 2022. Assuming the 90 days trading horizon the next projected press release will be within a week. Check out Historical Fundamental Analysis of Stora Enso to cross-verify your projections.Stora Enso Related Hype Analysis
Having access to credible news sources related to Stora Enso's direct competition is more important than ever and may enhance your ability to predict Stora Enso's future price movements. Getting to know how Stora Enso'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 Stora Enso may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SCA-A | Svenska Cellulosa Aktiebolaget | 0.00 | 0 per month | 0.00 | (0.16) | 1.75 | (2.61) | 5.50 | |
| HOLM-B | Holmen AB | 0.00 | 0 per month | 0.00 | (0.07) | 1.92 | (2.62) | 5.46 | |
| SSAB-B | SSAB AB | 0.00 | 0 per month | 1.37 | 0.21 | 4.51 | (3.15) | 8.33 | |
| BILL | BillerudKorsnas AB | 0.00 | 0 per month | 1.42 | (0.03) | 2.42 | (2.52) | 6.23 | |
| RROS | Rottneros AB | 0.00 | 0 per month | 0.00 | (0.18) | 3.42 | (4.10) | 21.60 | |
| ARP | Arctic Paper SA | 0.00 | 0 per month | 0.00 | (0.08) | 4.78 | (3.83) | 13.59 | |
| BOL | Boliden AB | 0.00 | 0 per month | 1.14 | 0.32 | 3.80 | (2.88) | 7.87 |
Other Forecasting Options for Stora Enso
For every potential investor in Stora, whether a beginner or expert, Stora Enso's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Stora Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Stora. Basic forecasting techniques help filter out the noise by identifying Stora Enso's price trends.Stora Enso 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 Stora Enso stock to make a market-neutral strategy. Peer analysis of Stora Enso could also be used in its relative valuation, which is a method of valuing Stora Enso by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Stora Enso Market Strength Events
Market strength indicators help investors to evaluate how Stora Enso stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stora Enso shares will generate the highest return on investment. By undertsting and applying Stora Enso stock market strength indicators, traders can identify Stora Enso Oyj entry and exit signals to maximize returns.
| Accumulation Distribution | 3918.78 | |||
| Daily Balance Of Power | (0.46) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 110.3 | |||
| Day Typical Price | 110.2 | |||
| Price Action Indicator | (0.85) | |||
| Period Momentum Indicator | (1.10) | |||
| Relative Strength Index | 48.73 |
Stora Enso Risk Indicators
The analysis of Stora Enso'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 Stora Enso's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting stora 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 | 1.29 | |||
| Semi Deviation | 1.51 | |||
| Standard Deviation | 1.57 | |||
| Variance | 2.46 | |||
| Downside Variance | 2.61 | |||
| Semi Variance | 2.28 | |||
| Expected Short fall | (1.43) |
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 Stora Enso
The number of cover stories for Stora Enso depends on current market conditions and Stora Enso's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Stora Enso 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 Stora Enso'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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Stora Enso Short Properties
Stora Enso's future price predictability will typically decrease when Stora Enso's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Stora Enso Oyj often depends not only on the future outlook of the potential Stora Enso'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. Stora Enso's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 789.1 M | |
| Cash And Short Term Investments | 1.5 B |
Additional Tools for Stora Stock Analysis
When running Stora Enso's price analysis, check to measure Stora Enso'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 Stora Enso is operating at the current time. Most of Stora Enso's value examination focuses on studying past and present price action to predict the probability of Stora Enso's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stora Enso's price. Additionally, you may evaluate how the addition of Stora Enso to your portfolios can decrease your overall portfolio volatility.