Fram Skandinavien Stock Forecast - Polynomial Regression
| FRAM-B Stock | SEK 26.80 0.40 1.52% |
The Polynomial Regression forecasted value of Fram Skandinavien AB on the next trading day is expected to be 25.73 with a mean absolute deviation of 0.55 and the sum of the absolute errors of 33.81. Fram Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fram Skandinavien stock prices and determine the direction of Fram Skandinavien AB's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fram Skandinavien's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Fram Skandinavien to cross-verify your projections. Fram |
Most investors in Fram Skandinavien cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Fram Skandinavien's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Fram Skandinavien's price structures and extracts relationships that further increase the generated results' accuracy.
Fram Skandinavien polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Fram Skandinavien AB as well as the accuracy indicators are determined from the period prices. Fram Skandinavien Polynomial Regression Price Forecast For the 7th of May
Given 90 days horizon, the Polynomial Regression forecasted value of Fram Skandinavien AB on the next trading day is expected to be 25.73 with a mean absolute deviation of 0.55, mean absolute percentage error of 0.53, and the sum of the absolute errors of 33.81.Please note that although there have been many attempts to predict Fram 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 Fram Skandinavien's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Fram Skandinavien Stock Forecast Pattern
| Backtest Fram Skandinavien | Fram Skandinavien Price Prediction | Buy or Sell Advice |
Fram Skandinavien Forecasted Value
In the context of forecasting Fram Skandinavien'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. Fram Skandinavien's downside and upside margins for the forecasting period are 23.58 and 27.88, respectively. We have considered Fram Skandinavien'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Fram Skandinavien stock data series using in forecasting. Note that when a statistical model is used to represent Fram Skandinavien 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 | 117.4706 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.5542 |
| MAPE | Mean absolute percentage error | 0.0191 |
| SAE | Sum of the absolute errors | 33.8091 |
Predictive Modules for Fram Skandinavien
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fram Skandinavien. 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 Fram Skandinavien'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.
Other Forecasting Options for Fram Skandinavien
For every potential investor in Fram, whether a beginner or expert, Fram Skandinavien's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fram Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fram. Basic forecasting techniques help filter out the noise by identifying Fram Skandinavien's price trends.Fram Skandinavien 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 Fram Skandinavien stock to make a market-neutral strategy. Peer analysis of Fram Skandinavien could also be used in its relative valuation, which is a method of valuing Fram Skandinavien by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fram Skandinavien 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 Fram Skandinavien'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 Fram Skandinavien's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Fram Skandinavien Market Strength Events
Market strength indicators help investors to evaluate how Fram Skandinavien stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fram Skandinavien shares will generate the highest return on investment. By undertsting and applying Fram Skandinavien stock market strength indicators, traders can identify Fram Skandinavien AB entry and exit signals to maximize returns.
Fram Skandinavien Risk Indicators
The analysis of Fram Skandinavien'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 Fram Skandinavien's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fram 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 | 1.38 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.45 |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Fram Skandinavien to cross-verify your projections. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Fram Stock analysis
When running Fram Skandinavien's price analysis, check to measure Fram Skandinavien's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fram Skandinavien is operating at the current time. Most of Fram Skandinavien's value examination focuses on studying past and present price action to predict the probability of Fram Skandinavien's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fram Skandinavien's price. Additionally, you may evaluate how the addition of Fram Skandinavien to your portfolios can decrease your overall portfolio volatility.
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