SLR Investment Stock Forecast - Naive Prediction
| ZSL Stock | EUR 15.48 0.03 0.19% |
The Naive Prediction forecasted value of SLR Investment Corp on the next trading day is expected to be 15.89 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.79. SLR Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of SLR Investment's historical fundamentals, such as revenue growth or operating cash flow patterns.
SLR |
SLR Investment Naive Prediction Price Forecast For the 27th of November
Given 90 days horizon, the Naive Prediction forecasted value of SLR Investment Corp on the next trading day is expected to be 15.89 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.05, and the sum of the absolute errors of 8.79.Please note that although there have been many attempts to predict SLR 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 SLR Investment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
SLR Investment Stock Forecast Pattern
| Backtest SLR Investment | SLR Investment Price Prediction | Buy or Sell Advice |
SLR Investment Forecasted Value
In the context of forecasting SLR Investment'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. SLR Investment's downside and upside margins for the forecasting period are 14.60 and 17.18, respectively. We have considered SLR Investment'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 SLR Investment stock data series using in forecasting. Note that when a statistical model is used to represent SLR Investment 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 | 115.0109 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.144 |
| MAPE | Mean absolute percentage error | 0.0102 |
| SAE | Sum of the absolute errors | 8.7867 |
Predictive Modules for SLR Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SLR Investment Corp. 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.Other Forecasting Options for SLR Investment
For every potential investor in SLR, whether a beginner or expert, SLR Investment's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. SLR Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in SLR. Basic forecasting techniques help filter out the noise by identifying SLR Investment's price trends.SLR Investment 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 SLR Investment stock to make a market-neutral strategy. Peer analysis of SLR Investment could also be used in its relative valuation, which is a method of valuing SLR Investment by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
SLR Investment Corp 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 SLR Investment'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 SLR Investment's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
SLR Investment Market Strength Events
Market strength indicators help investors to evaluate how SLR Investment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SLR Investment shares will generate the highest return on investment. By undertsting and applying SLR Investment stock market strength indicators, traders can identify SLR Investment Corp entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 15.48 | |||
| Day Typical Price | 15.48 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | 0.03 | |||
| Relative Strength Index | 56.6 |
SLR Investment Risk Indicators
The analysis of SLR Investment'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 SLR Investment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting slr 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 | 0.9001 | |||
| Semi Deviation | 0.7095 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.63 | |||
| Downside Variance | 1.14 | |||
| Semi Variance | 0.5034 | |||
| Expected Short fall | (1.04) |
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.
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in SLR Stock
When determining whether SLR Investment Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SLR Investment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Slr Investment Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Slr Investment Corp Stock:Check out Historical Fundamental Analysis of SLR Investment to cross-verify your projections. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.