Ayima Group Stock Forecast - Naive Prediction

AYIMA-B Stock  SEK 3.32  0.00  0.00%   
The Naive Prediction forecasted value of Ayima Group AB on the next trading day is expected to be 3.32 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Ayima Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ayima Group stock prices and determine the direction of Ayima Group AB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ayima Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A naive forecasting model for Ayima Group is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Ayima Group AB value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Ayima Group Naive Prediction Price Forecast For the 28th of November

Given 90 days horizon, the Naive Prediction forecasted value of Ayima Group AB on the next trading day is expected to be 3.32 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Ayima 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 Ayima Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Ayima Group Stock Forecast Pattern

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Ayima Group Forecasted Value

In the context of forecasting Ayima Group'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. Ayima Group's downside and upside margins for the forecasting period are 3.32 and 3.32, respectively. We have considered Ayima Group'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
3.32
3.32
Expected Value
3.32
Upside

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 Ayima Group stock data series using in forecasting. Note that when a statistical model is used to represent Ayima Group 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 Criteria53.3748
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of Ayima Group AB. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Ayima Group. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Ayima Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ayima Group 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.
Hype
Prediction
LowEstimatedHigh
3.323.323.32
Details
Intrinsic
Valuation
LowRealHigh
3.323.323.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ayima Group. Your research has to be compared to or analyzed against Ayima Group's peers to derive any actionable benefits. When done correctly, Ayima Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ayima Group AB.

Other Forecasting Options for Ayima Group

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

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

Ayima Group AB 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 Ayima Group'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 Ayima Group's current price.

Ayima Group Market Strength Events

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Ayima Stock

Ayima Group financial ratios help investors to determine whether Ayima 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 Ayima with respect to the benefits of owning Ayima Group security.