TGS ASA OTC Stock Forecast - Simple Regression

TGS ASA Additional Predictive Modules

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

TGS ASA Simple Regression Price Forecast For the 23rd of January

Given 90 days horizon, the Simple Regression forecasted value of TGS ASA on the next trading day is expected to be 9.40 with a mean absolute deviation of 0.38, mean absolute percentage error of 0.22, and the sum of the absolute errors of 23.04.

TGS ASA OTC Stock Forecast Pattern

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TGS ASA Forecasted Value

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 TGS ASA otc stock data series using in forecasting. Note that when a statistical model is used to represent TGS ASA otc 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. 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 TGS ASA 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 TGS ASA

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TGS ASA. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.

Hype Prediction Low Estimated High 5.76 9.45 13.14 Details

Intrinsic Valuation Low Real High 4.15 7.84 11.53 Details

Bollinger Band Projection (param) Low Middle High 8.31 9.29 10.27 Details

TGS ASA After-Hype Price Prediction Density Analysis

TGS ASA Estimiated After-Hype Price Volatility

TGS ASA OTC Stock Price Prediction Analysis

TGS ASA Hype Timeline

TGS ASA is at this time traded for 9.45. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. TGS is estimated 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 estimated to be very small, whereas the daily expected return is at this time at 0.13%. %. The volatility of related hype on TGS ASA is about 0.0%, with the expected price after the next announcement by competition of 9.45. About 69.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.22. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TGS ASA recorded a loss per share of 0.59. The entity last dividend was issued on the 16th of February 2023. The firm had 4:1 split on the 15th of June 2006. Assuming the 90 days horizon the next estimated press release will be within a week. Check out Historical Fundamental Analysis of TGS ASA to cross-verify your projections.

TGS ASA Related Hype Analysis

Other Forecasting Options for TGS ASA

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

TGS ASA Related Equities

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TGS ASA Market Strength Events

TGS ASA Risk Indicators

Story Coverage note for TGS ASA

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