Freja EID Stock Forecast - 4 Period Moving Average

FREJA Stock  SEK 15.50  0.60  3.73%   
The 4 Period Moving Average forecasted value of Freja eID Group on the next trading day is expected to be 15.72 with a mean absolute deviation of 0.52 and the sum of the absolute errors of 30.10. Freja Stock Forecast is based on your current time horizon.
At this time the value of rsi of Freja EID's share price is below 20 . This usually indicates 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
The successful prediction of Freja EID's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Freja EID and does not consider all of the tangible or intangible factors available from Freja EID's fundamental data. We analyze noise-free headlines and recent hype associated with Freja eID Group, which may create opportunities for some arbitrage if properly timed.
Using Freja EID hype-based prediction, you can estimate the value of Freja eID Group from the perspective of Freja EID response to recently generated media hype and the effects of current headlines on its competitors.
The 4 Period Moving Average forecasted value of Freja eID Group on the next trading day is expected to be 15.72 with a mean absolute deviation of 0.52 and the sum of the absolute errors of 30.10.

Freja EID after-hype prediction price

    
  SEK 15.5  
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.
  
Check out Historical Fundamental Analysis of Freja EID to cross-verify your projections.

Freja EID Additional Predictive Modules

Most predictive techniques to examine Freja price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Freja using various technical indicators. When you analyze Freja 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.
A four-period moving average forecast model for Freja eID Group is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Freja EID 4 Period Moving Average Price Forecast For the 21st of January

Given 90 days horizon, the 4 Period Moving Average forecasted value of Freja eID Group on the next trading day is expected to be 15.72 with a mean absolute deviation of 0.52, mean absolute percentage error of 0.46, and the sum of the absolute errors of 30.10.
Please note that although there have been many attempts to predict Freja 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 Freja EID's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Freja EID Stock Forecast Pattern

Backtest Freja EIDFreja EID Price PredictionBuy or Sell Advice 

Freja EID Forecasted Value

In the context of forecasting Freja EID'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. Freja EID's downside and upside margins for the forecasting period are 12.80 and 18.65, respectively. We have considered Freja EID'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
15.50
15.72
Expected Value
18.65
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Freja EID stock data series using in forecasting. Note that when a statistical model is used to represent Freja EID 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 Criteria111.8117
BiasArithmetic mean of the errors 0.0504
MADMean absolute deviation0.519
MAPEMean absolute percentage error0.0322
SAESum of the absolute errors30.1
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Freja EID. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Freja eID Group and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for Freja EID

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Freja eID Group. 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
12.6015.5018.40
Details
Intrinsic
Valuation
LowRealHigh
10.6513.5416.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Freja EID. Your research has to be compared to or analyzed against Freja EID's peers to derive any actionable benefits. When done correctly, Freja EID'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 Freja eID Group.

Other Forecasting Options for Freja EID

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

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

Freja eID Group 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 Freja EID'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 Freja EID's current price.

Freja EID Market Strength Events

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

Freja EID Risk Indicators

The analysis of Freja EID'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 Freja EID's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting freja 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.
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.

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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Additional Tools for Freja Stock Analysis

When running Freja EID's price analysis, check to measure Freja EID'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 Freja EID is operating at the current time. Most of Freja EID's value examination focuses on studying past and present price action to predict the probability of Freja EID's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freja EID's price. Additionally, you may evaluate how the addition of Freja EID to your portfolios can decrease your overall portfolio volatility.