Plasto Cargal Stock Forward View - Simple Regression

PLCR Stock   622.00  7.70  1.22%   
Plasto Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Plasto Cargal stock prices and determine the direction of Plasto Cargal Group's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Plasto Cargal's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time, the value of RSI of Plasto Cargal's share price is approaching 46 indicating that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Plasto Cargal, making its price go up or down.

Momentum 53

 Impartial

 
Oversold
 
Overbought
The successful prediction of Plasto Cargal's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Plasto Cargal Group, which may create opportunities for some arbitrage if properly timed.
Using Plasto Cargal hype-based prediction, you can estimate the value of Plasto Cargal Group from the perspective of Plasto Cargal response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Plasto Cargal Group on the next trading day is expected to be 645.92 with a mean absolute deviation of 16.14 and the sum of the absolute errors of 984.59.

Plasto Cargal after-hype prediction price

    
  ILA 622.0  
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 Plasto Cargal to cross-verify your projections.

Plasto Cargal Additional Predictive Modules

Most predictive techniques to examine Plasto price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Plasto using various technical indicators. When you analyze Plasto 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Plasto Cargal price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Plasto Cargal Simple Regression Price Forecast For the 27th of February

Given 90 days horizon, the Simple Regression forecasted value of Plasto Cargal Group on the next trading day is expected to be 645.92 with a mean absolute deviation of 16.14, mean absolute percentage error of 437.51, and the sum of the absolute errors of 984.59.
Please note that although there have been many attempts to predict Plasto Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Plasto Cargal's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Plasto Cargal Stock Forecast Pattern

Backtest Plasto Cargal  Plasto Cargal Price Prediction  Research Analysis  

Plasto Cargal Forecasted Value

In the context of forecasting Plasto Cargal'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. Plasto Cargal's downside and upside margins for the forecasting period are 643.61 and 648.24, respectively. We have considered Plasto Cargal'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
622.00
643.61
Downside
645.92
Expected Value
648.24
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Plasto Cargal stock data series using in forecasting. Note that when a statistical model is used to represent Plasto Cargal 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 Criteria124.1916
BiasArithmetic mean of the errors None
MADMean absolute deviation16.1408
MAPEMean absolute percentage error0.026
SAESum of the absolute errors984.5918
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Plasto Cargal Group historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Plasto Cargal

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Plasto Cargal 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
619.69622.00624.31
Details
Intrinsic
Valuation
LowRealHigh
519.56521.87684.20
Details
Bollinger
Band Projection (param)
LowMiddleHigh
267.41631.49649.69
Details

Plasto Cargal After-Hype Price Density Analysis

As far as predicting the price of Plasto Cargal 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 Plasto Cargal 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 Plasto Cargal, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Plasto Cargal Estimiated After-Hype Price Volatility

In the context of predicting Plasto Cargal's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Plasto Cargal's historical news coverage. Plasto Cargal's after-hype downside and upside margins for the prediction period are 619.69 and 624.31, respectively. We have considered Plasto Cargal'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
622.00
619.69
Downside
622.00
After-hype Price
624.31
Upside
Plasto Cargal is very steady at this time. Analysis and calculation of next after-hype price of Plasto Cargal Group is based on 3 months time horizon.

Plasto Cargal Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Plasto Cargal is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Plasto Cargal 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 Plasto Cargal, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.09 
2.31
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
622.00
622.00
0.00 
0.00  
Notes

Plasto Cargal Hype Timeline

Plasto Cargal Group is at this time traded for 622.00on Tel Aviv Stock Exchange of Israel. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Plasto is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.09%. %. The volatility of related hype on Plasto Cargal is about 0.0%, with the expected price after the next announcement by competition of 622.00. About 66.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.73. Plasto Cargal Group last dividend was issued on the 31st of January 2022. The entity had 10:1 split on the 2nd of April 2023. Assuming the 90 days trading horizon the next forecasted press release will be within a week.
Check out Historical Fundamental Analysis of Plasto Cargal to cross-verify your projections.

Plasto Cargal Related Hype Analysis

Having access to credible news sources related to Plasto Cargal's direct competition is more important than ever and may enhance your ability to predict Plasto Cargal's future price movements. Getting to know how Plasto Cargal'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 Plasto Cargal may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Plasto Cargal

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

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

Plasto Cargal Market Strength Events

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

Plasto Cargal Risk Indicators

The analysis of Plasto Cargal'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 Plasto Cargal's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting plasto 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.

Story Coverage note for Plasto Cargal

The number of cover stories for Plasto Cargal depends on current market conditions and Plasto Cargal's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Plasto Cargal 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 Plasto Cargal's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Other Information on Investing in Plasto Stock

Plasto Cargal financial ratios help investors to determine whether Plasto 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 Plasto with respect to the benefits of owning Plasto Cargal security.