RTX AS Stock Forward View - Simple Regression

RTX Stock  DKK 114.00  4.50  3.80%   
RTX Stock outlook is based on your current time horizon.
As of today, The value of RSI of RTX AS's share price is at 54 indicating that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling RTX AS, making its price go up or down.

Momentum 54

 Impartial

 
Oversold
 
Overbought
The successful prediction of RTX AS's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with RTX AS, which may create opportunities for some arbitrage if properly timed.
Using RTX AS hype-based prediction, you can estimate the value of RTX AS from the perspective of RTX AS response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of RTX AS on the next trading day is expected to be 114.66 with a mean absolute deviation of 3.77 and the sum of the absolute errors of 230.07.

RTX AS after-hype prediction price

    
  DKK 114.0  
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 RTX AS to cross-verify your projections.

RTX AS Additional Predictive Modules

Most predictive techniques to examine RTX price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for RTX using various technical indicators. When you analyze RTX 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 RTX AS 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.

RTX AS Simple Regression Price Forecast For the 30th of January

Given 90 days horizon, the Simple Regression forecasted value of RTX AS on the next trading day is expected to be 114.66 with a mean absolute deviation of 3.77, mean absolute percentage error of 19.73, and the sum of the absolute errors of 230.07.
Please note that although there have been many attempts to predict RTX 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 RTX AS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

RTX AS Stock Forecast Pattern

Backtest RTX AS  RTX AS Price Prediction  Buy or Sell Advice  

RTX AS Forecasted Value

In the context of forecasting RTX AS'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. RTX AS's downside and upside margins for the forecasting period are 112.65 and 116.67, respectively. We have considered RTX AS'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
114.00
112.65
Downside
114.66
Expected Value
116.67
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 RTX AS stock data series using in forecasting. Note that when a statistical model is used to represent RTX AS 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 Criteria121.0926
BiasArithmetic mean of the errors None
MADMean absolute deviation3.7717
MAPEMean absolute percentage error0.0352
SAESum of the absolute errors230.0721
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 RTX AS 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 RTX AS

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as RTX AS. 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
111.99114.00116.01
Details
Intrinsic
Valuation
LowRealHigh
108.62110.63125.40
Details
Bollinger
Band Projection (param)
LowMiddleHigh
113.47116.50119.53
Details

RTX AS After-Hype Price Density Analysis

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

RTX AS Estimiated After-Hype Price Volatility

In the context of predicting RTX AS's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on RTX AS's historical news coverage. RTX AS's after-hype downside and upside margins for the prediction period are 111.99 and 116.01, respectively. We have considered RTX AS'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
114.00
111.99
Downside
114.00
After-hype Price
116.01
Upside
RTX AS is very steady at this time. Analysis and calculation of next after-hype price of RTX AS is based on 3 months time horizon.

RTX AS Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as RTX AS is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading RTX AS 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 RTX AS, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.11 
2.01
 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
114.00
114.00
0.00 
0.00  
Notes

RTX AS Hype Timeline

RTX AS is at this time traded for 114.00on Copenhagen Exchange of Denmark. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. RTX 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 insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at 0.11%. %. The volatility of related hype on RTX AS is about 0.0%, with the expected price after the next announcement by competition of 114.00. About 13.0% of the company outstanding shares are owned by corporate insiders. The book value of RTX AS was at this time reported as 42.67. The company recorded earning per share (EPS) of 6.66. RTX AS last dividend was issued on the 29th of January 2021. Assuming the 90 days trading horizon the next anticipated press release will be within a week.
Check out Historical Fundamental Analysis of RTX AS to cross-verify your projections.

RTX AS Related Hype Analysis

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

Other Forecasting Options for RTX AS

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

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

RTX AS Market Strength Events

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

RTX AS Risk Indicators

The analysis of RTX AS'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 RTX AS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rtx 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 RTX AS

The number of cover stories for RTX AS depends on current market conditions and RTX AS's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that RTX AS 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 RTX AS'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 RTX Stock

RTX AS financial ratios help investors to determine whether RTX 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 RTX with respect to the benefits of owning RTX AS security.