Yubico AB Stock Forward View - Simple Exponential Smoothing
| YUBICO Stock | 61.40 0.56 0.90% |
Momentum 0
Sell Peaked
Oversold | Overbought |
Using Yubico AB hype-based prediction, you can estimate the value of Yubico AB from the perspective of Yubico AB response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Yubico AB on the next trading day is expected to be 61.40 with a mean absolute deviation of 1.52 and the sum of the absolute errors of 92.60. Yubico AB after-hype prediction price | SEK 61.4 |
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.
Yubico |
Yubico AB Additional Predictive Modules
Most predictive techniques to examine Yubico price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Yubico using various technical indicators. When you analyze Yubico 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 |
Yubico AB Simple Exponential Smoothing Price Forecast For the 8th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Yubico AB on the next trading day is expected to be 61.40 with a mean absolute deviation of 1.52, mean absolute percentage error of 3.90, and the sum of the absolute errors of 92.60.Please note that although there have been many attempts to predict Yubico Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Yubico AB's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Yubico AB Stock Forecast Pattern
Yubico AB Forecasted Value
In the context of forecasting Yubico AB'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. Yubico AB's downside and upside margins for the forecasting period are 59.00 and 63.80, respectively. We have considered Yubico AB'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 Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Yubico AB stock data series using in forecasting. Note that when a statistical model is used to represent Yubico AB 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 | 119.4715 |
| Bias | Arithmetic mean of the errors | 0.5364 |
| MAD | Mean absolute deviation | 1.518 |
| MAPE | Mean absolute percentage error | 0.0193 |
| SAE | Sum of the absolute errors | 92.6 |
Predictive Modules for Yubico AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Yubico AB. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Yubico AB's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Yubico AB Estimiated After-Hype Price Volatility
As far as predicting the price of Yubico AB 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 Yubico AB 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 Yubico AB, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Yubico AB Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Yubico AB is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Yubico AB 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 Yubico AB, 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 |
0.70 | 2.40 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Any time |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
61.40 | 61.40 | 0.00 |
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Yubico AB Hype Timeline
Yubico AB is at this time traded for 61.40on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Yubico is forecasted 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 forecasted to be very small, whereas the daily expected return is at this time at -0.7%. %. The volatility of related hype on Yubico AB is about 0.0%, with the expected price after the next announcement by competition of 61.40. Assuming the 90 days trading horizon the next forecasted press release will be any time. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in private.Yubico AB Related Hype Analysis
Having access to credible news sources related to Yubico AB's direct competition is more important than ever and may enhance your ability to predict Yubico AB's future price movements. Getting to know how Yubico AB'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 Yubico AB may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BETCO | Better Collective | 0.00 | 0 per month | 0.00 | (0.08) | 1.84 | (2.61) | 6.49 | |
| TRUE-B | Truecaller AB | 0.00 | 0 per month | 0.00 | (0.31) | 2.55 | (4.64) | 23.44 | |
| HANZA | Hanza AB | 0.00 | 0 per month | 1.50 | 0.05 | 3.47 | (2.18) | 8.42 | |
| LIME | Lime Technologies AB | 0.00 | 0 per month | 0.00 | (0.32) | 2.46 | (4.79) | 10.74 | |
| NOTE | NOTE AB | 0.00 | 0 per month | 0.00 | (0.24) | 1.58 | (2.47) | 6.28 | |
| NCAB | NCAB Group | 0.00 | 0 per month | 0.00 | (0.18) | 3.37 | (3.79) | 10.27 | |
| VIT-B | Vitec Software Group | 0.00 | 0 per month | 0.00 | (0.18) | 2.10 | (3.63) | 9.14 | |
| ADVE | Advenica AB | 0.00 | 0 per month | 2.41 | 0.1 | 8.16 | (4.30) | 17.48 | |
| HTRO | Hexatronic Group AB | 0.00 | 0 per month | 2.22 | 0.08 | 8.59 | (4.24) | 19.56 | |
| 4C | 4C Group AB | 0.00 | 0 per month | 5.76 | (0.01) | 7.07 | (5.04) | 31.44 |
Other Forecasting Options for Yubico AB
For every potential investor in Yubico, whether a beginner or expert, Yubico AB's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Yubico Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Yubico. Basic forecasting techniques help filter out the noise by identifying Yubico AB's price trends.Yubico AB 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 Yubico AB stock to make a market-neutral strategy. Peer analysis of Yubico AB could also be used in its relative valuation, which is a method of valuing Yubico AB by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Yubico AB Market Strength Events
Market strength indicators help investors to evaluate how Yubico AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yubico AB shares will generate the highest return on investment. By undertsting and applying Yubico AB stock market strength indicators, traders can identify Yubico AB entry and exit signals to maximize returns.
| Accumulation Distribution | 4617.71 | |||
| Daily Balance Of Power | (0.43) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 61.29 | |||
| Day Typical Price | 61.33 | |||
| Price Action Indicator | (0.17) | |||
| Period Momentum Indicator | (0.56) |
Yubico AB Risk Indicators
The analysis of Yubico AB'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 Yubico AB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting yubico 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 | 1.75 | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.38 |
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 Yubico AB
The number of cover stories for Yubico AB depends on current market conditions and Yubico AB's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Yubico AB 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 Yubico AB'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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