760759BA7 Forecast - Naive Prediction
760759BA7 | 81.15 1.65 1.99% |
The Naive Prediction forecasted value of RSG 2375 15 MAR 33 on the next trading day is expected to be 80.69 with a mean absolute deviation of 0.52 and the sum of the absolute errors of 32.36. 760759BA7 Bond Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast 760759BA7 stock prices and determine the direction of RSG 2375 15 MAR 33's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of 760759BA7's historical fundamentals, such as revenue growth or operating cash flow patterns.
760759BA7 |
760759BA7 Naive Prediction Price Forecast For the 30th of November
Given 90 days horizon, the Naive Prediction forecasted value of RSG 2375 15 MAR 33 on the next trading day is expected to be 80.69 with a mean absolute deviation of 0.52, mean absolute percentage error of 0.73, and the sum of the absolute errors of 32.36.Please note that although there have been many attempts to predict 760759BA7 Bond 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 760759BA7's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
760759BA7 Bond Forecast Pattern
760759BA7 Forecasted Value
In the context of forecasting 760759BA7's Bond 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. 760759BA7's downside and upside margins for the forecasting period are 80.00 and 81.37, respectively. We have considered 760759BA7'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of 760759BA7 bond data series using in forecasting. Note that when a statistical model is used to represent 760759BA7 bond, 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 | 119.6269 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.522 |
MAPE | Mean absolute percentage error | 0.0064 |
SAE | Sum of the absolute errors | 32.3628 |
Predictive Modules for 760759BA7
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RSG 2375 15. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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.Other Forecasting Options for 760759BA7
For every potential investor in 760759BA7, whether a beginner or expert, 760759BA7's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 760759BA7 Bond price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 760759BA7. Basic forecasting techniques help filter out the noise by identifying 760759BA7's price trends.760759BA7 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 760759BA7 bond to make a market-neutral strategy. Peer analysis of 760759BA7 could also be used in its relative valuation, which is a method of valuing 760759BA7 by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
RSG 2375 15 Technical and Predictive Analytics
The bond market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of 760759BA7'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 760759BA7's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
760759BA7 Market Strength Events
Market strength indicators help investors to evaluate how 760759BA7 bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 760759BA7 shares will generate the highest return on investment. By undertsting and applying 760759BA7 bond market strength indicators, traders can identify RSG 2375 15 MAR 33 entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 81.15 | |||
Day Typical Price | 81.15 | |||
Price Action Indicator | (0.82) | |||
Period Momentum Indicator | (1.65) |
760759BA7 Risk Indicators
The analysis of 760759BA7'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 760759BA7's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 760759ba7 bond 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. One of the essential factors to consider when estimating the risk of default for a bond instrument is its duration, which is the bond's price sensitivity to changes in interest rates. The duration of RSG 2375 15 MAR 33 bond is primarily affected by its yield, coupon rate, and time to maturity. The duration of a bond will be higher the lower its coupon, lower its yield, and longer the time left to maturity.
Mean Deviation | 0.7475 | |||
Standard Deviation | 1.43 | |||
Variance | 2.06 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in 760759BA7 Bond
760759BA7 financial ratios help investors to determine whether 760759BA7 Bond 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 760759BA7 with respect to the benefits of owning 760759BA7 security.