Bredband2 Stock Forecast - 8 Period Moving Average
| BRE2 Stock | SEK 3.24 0.01 0.31% |
The 8 Period Moving Average forecasted value of Bredband2 i Skandinavien on the next trading day is expected to be 3.24 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.04. Bredband2 Stock Forecast is based on your current time horizon.
At this time the value of rsi of Bredband2's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Bredband2 hype-based prediction, you can estimate the value of Bredband2 i Skandinavien from the perspective of Bredband2 response to recently generated media hype and the effects of current headlines on its competitors.
The 8 Period Moving Average forecasted value of Bredband2 i Skandinavien on the next trading day is expected to be 3.24 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.04. Bredband2 after-hype prediction price | SEK 3.24 |
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.
Bredband2 |
Bredband2 Additional Predictive Modules
Most predictive techniques to examine Bredband2 price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Bredband2 using various technical indicators. When you analyze Bredband2 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 |
Bredband2 8 Period Moving Average Price Forecast For the 24th of January
Given 90 days horizon, the 8 Period Moving Average forecasted value of Bredband2 i Skandinavien on the next trading day is expected to be 3.24 with a mean absolute deviation of 0.04, mean absolute percentage error of 0.01, and the sum of the absolute errors of 2.04.Please note that although there have been many attempts to predict Bredband2 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 Bredband2's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Bredband2 Stock Forecast Pattern
| Backtest Bredband2 | Bredband2 Price Prediction | Buy or Sell Advice |
Bredband2 Forecasted Value
In the context of forecasting Bredband2'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. Bredband2's downside and upside margins for the forecasting period are 1.84 and 4.63, respectively. We have considered Bredband2'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 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Bredband2 stock data series using in forecasting. Note that when a statistical model is used to represent Bredband2 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 | 100.0918 |
| Bias | Arithmetic mean of the errors | -0.029 |
| MAD | Mean absolute deviation | 0.0377 |
| MAPE | Mean absolute percentage error | 0.0121 |
| SAE | Sum of the absolute errors | 2.0363 |
Predictive Modules for Bredband2
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Bredband2 i 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.Bredband2 After-Hype Price Prediction Density Analysis
As far as predicting the price of Bredband2 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 Bredband2 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 Bredband2, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Bredband2 Estimiated After-Hype Price Volatility
In the context of predicting Bredband2's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Bredband2's historical news coverage. Bredband2's after-hype downside and upside margins for the prediction period are 1.85 and 4.63, respectively. We have considered Bredband2's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Bredband2 is slightly risky at this time. Analysis and calculation of next after-hype price of Bredband2 i Skandinavien is based on 3 months time horizon.
Bredband2 Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Bredband2 is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bredband2 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 Bredband2, 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 |
0.19 | 1.39 | 2.09 | 0.42 | 4 Events / Month | 1 Events / Month | In about 4 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
3.24 | 3.24 | 0.00 |
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Bredband2 Hype Timeline
Bredband2 i Skandinavien is currently traded for 3.24on Stockholm Exchange of Sweden. The entity has historical hype elasticity of -2.09, and average elasticity to hype of competition of -0.42. Bredband2 is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 12.66%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at 0.19%. %. The volatility of related hype on Bredband2 is about 63.3%, with the expected price after the next announcement by competition of 2.82. About 37.0% of the company shares are held by company insiders. The book value of Bredband2 was currently reported as 0.56. The company last dividend was issued on the 24th of March 2022. Bredband2 i Skandinavien had 1:1 split on the 7th of October 2009. Assuming the 90 days trading horizon the next anticipated press release will be in about 4 days. Check out Historical Fundamental Analysis of Bredband2 to cross-verify your projections.Bredband2 Related Hype Analysis
Having access to credible news sources related to Bredband2's direct competition is more important than ever and may enhance your ability to predict Bredband2's future price movements. Getting to know how Bredband2'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 Bredband2 may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| OVZON | Ovzon AB | 0.00 | 0 per month | 2.86 | 0.19 | 6.50 | (5.28) | 20.36 | |
| TRANS | Transtema Group AB | 0.00 | 0 per month | 0.00 | (0.13) | 6.94 | (4.89) | 29.31 | |
| TALK | TalkPool AG | 0.00 | 0 per month | 2.61 | 0.12 | 7.56 | (4.60) | 17.00 | |
| NETEL | Netel Holding AB | (10.98) | 8 per month | 0.00 | (0.03) | 9.78 | (5.87) | 27.32 | |
| BAHN-B | Bahnhof AB Series | 0.00 | 0 per month | 0.00 | (0.16) | 2.07 | (2.57) | 7.04 | |
| VPLAY-B | Viaplay Group AB | 0.00 | 0 per month | 0.00 | (0.12) | 5.38 | (3.92) | 18.08 | |
| TRAD | TradeDoubler AB | 0.00 | 0 per month | 2.38 | 0 | 4.62 | (3.31) | 15.62 | |
| ENRO | Eniro AB | 0.00 | 0 per month | 0.00 | (0.10) | 2.70 | (2.63) | 9.64 | |
| ADTR | Adtraction Group AB | 0.00 | 0 per month | 2.18 | (0.02) | 3.65 | (3.25) | 15.74 | |
| MOMENT | Moment Group AB | (10.98) | 12 per month | 0.00 | (0.08) | 4.49 | (6.90) | 39.74 |
Other Forecasting Options for Bredband2
For every potential investor in Bredband2, whether a beginner or expert, Bredband2's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Bredband2 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Bredband2. Basic forecasting techniques help filter out the noise by identifying Bredband2's price trends.Bredband2 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 Bredband2 stock to make a market-neutral strategy. Peer analysis of Bredband2 could also be used in its relative valuation, which is a method of valuing Bredband2 by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Bredband2 Market Strength Events
Market strength indicators help investors to evaluate how Bredband2 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bredband2 shares will generate the highest return on investment. By undertsting and applying Bredband2 stock market strength indicators, traders can identify Bredband2 i Skandinavien entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 3.24 | |||
| Day Typical Price | 3.24 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
Bredband2 Risk Indicators
The analysis of Bredband2'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 Bredband2's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bredband2 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 | 0.7076 | |||
| Semi Deviation | 0.8163 | |||
| Standard Deviation | 1.55 | |||
| Variance | 2.4 | |||
| Downside Variance | 1.82 | |||
| Semi Variance | 0.6663 | |||
| Expected Short fall | (1.08) |
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 Bredband2
The number of cover stories for Bredband2 depends on current market conditions and Bredband2's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Bredband2 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 Bredband2'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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Bredband2 Short Properties
Bredband2's future price predictability will typically decrease when Bredband2's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Bredband2 i Skandinavien often depends not only on the future outlook of the potential Bredband2's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Bredband2's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 957.1 M | |
| Cash And Short Term Investments | 116.9 M |
Additional Tools for Bredband2 Stock Analysis
When running Bredband2's price analysis, check to measure Bredband2'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 Bredband2 is operating at the current time. Most of Bredband2's value examination focuses on studying past and present price action to predict the probability of Bredband2's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bredband2's price. Additionally, you may evaluate how the addition of Bredband2 to your portfolios can decrease your overall portfolio volatility.