Voss Veksel Stock Forecast - Simple Regression

VVL Stock  NOK 386.00  2.00  0.52%   
The Simple Regression forecasted value of Voss Veksel og on the next trading day is expected to be 384.03 with a mean absolute deviation of 3.48 and the sum of the absolute errors of 212.28. Voss Stock Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Voss Veksel 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.

Voss Veksel Simple Regression Price Forecast For the 27th of December

Given 90 days horizon, the Simple Regression forecasted value of Voss Veksel og on the next trading day is expected to be 384.03 with a mean absolute deviation of 3.48, mean absolute percentage error of 21.93, and the sum of the absolute errors of 212.28.
Please note that although there have been many attempts to predict Voss 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 Voss Veksel's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Voss Veksel Stock Forecast Pattern

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Voss Veksel Forecasted Value

In the context of forecasting Voss Veksel'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. Voss Veksel's downside and upside margins for the forecasting period are 382.89 and 385.16, respectively. We have considered Voss Veksel'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
386.00
382.89
Downside
384.03
Expected Value
385.16
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 Voss Veksel stock data series using in forecasting. Note that when a statistical model is used to represent Voss Veksel 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.
AICAkaike Information Criteria121.1985
BiasArithmetic mean of the errors None
MADMean absolute deviation3.48
MAPEMean absolute percentage error0.0091
SAESum of the absolute errors212.2796
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 Voss Veksel og 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 Voss Veksel

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Voss Veksel og. 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.
Hype
Prediction
LowEstimatedHigh
384.86386.00387.14
Details
Intrinsic
Valuation
LowRealHigh
321.00322.14424.60
Details
Bollinger
Band Projection (param)
LowMiddleHigh
369.13379.77390.40
Details

Other Forecasting Options for Voss Veksel

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

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

Voss Veksel og Technical and Predictive Analytics

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

Voss Veksel Market Strength Events

Market strength indicators help investors to evaluate how Voss Veksel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Voss Veksel shares will generate the highest return on investment. By undertsting and applying Voss Veksel stock market strength indicators, traders can identify Voss Veksel og entry and exit signals to maximize returns.

Voss Veksel Risk Indicators

The analysis of Voss Veksel'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 Voss Veksel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting voss 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.
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.

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Other Information on Investing in Voss Stock

Voss Veksel financial ratios help investors to determine whether Voss Stock 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 Voss with respect to the benefits of owning Voss Veksel security.