Shagrir Group Stock Forecast - Naive Prediction
| SHGR Stock | 1,946 34.00 1.72% |
The Naive Prediction forecasted value of Shagrir Group Vehicle on the next trading day is expected to be 2,038 with a mean absolute deviation of 40.69 and the sum of the absolute errors of 2,482. Shagrir Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Shagrir Group stock prices and determine the direction of Shagrir Group Vehicle's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Shagrir Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time the value of rsi of Shagrir Group's share price is below 20 . This usually implies 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 Shagrir Group hype-based prediction, you can estimate the value of Shagrir Group Vehicle from the perspective of Shagrir Group response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Shagrir Group Vehicle on the next trading day is expected to be 2,038 with a mean absolute deviation of 40.69 and the sum of the absolute errors of 2,482. Shagrir Group after-hype prediction price | ILA 1980.0 |
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.
Shagrir |
Shagrir Group Additional Predictive Modules
Most predictive techniques to examine Shagrir price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Shagrir using various technical indicators. When you analyze Shagrir 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 |
Shagrir Group Naive Prediction Price Forecast For the 15th of January 2026
Given 90 days horizon, the Naive Prediction forecasted value of Shagrir Group Vehicle on the next trading day is expected to be 2,038 with a mean absolute deviation of 40.69, mean absolute percentage error of 2,966, and the sum of the absolute errors of 2,482.Please note that although there have been many attempts to predict Shagrir 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 Shagrir Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Shagrir Group Stock Forecast Pattern
| Backtest Shagrir Group | Shagrir Group Price Prediction | Buy or Sell Advice |
Shagrir Group Forecasted Value
In the context of forecasting Shagrir Group'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. Shagrir Group's downside and upside margins for the forecasting period are 2,036 and 2,041, respectively. We have considered Shagrir Group'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Shagrir Group stock data series using in forecasting. Note that when a statistical model is used to represent Shagrir Group 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 | 126.1056 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 40.687 |
| MAPE | Mean absolute percentage error | 0.0203 |
| SAE | Sum of the absolute errors | 2481.9096 |
Predictive Modules for Shagrir Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Shagrir Group Vehicle. 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.Other Forecasting Options for Shagrir Group
For every potential investor in Shagrir, whether a beginner or expert, Shagrir Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shagrir Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shagrir. Basic forecasting techniques help filter out the noise by identifying Shagrir Group's price trends.Shagrir Group 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 Shagrir Group stock to make a market-neutral strategy. Peer analysis of Shagrir Group could also be used in its relative valuation, which is a method of valuing Shagrir Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Shagrir Group Vehicle 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 Shagrir Group'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 Shagrir Group's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Shagrir Group Market Strength Events
Market strength indicators help investors to evaluate how Shagrir Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shagrir Group shares will generate the highest return on investment. By undertsting and applying Shagrir Group stock market strength indicators, traders can identify Shagrir Group Vehicle entry and exit signals to maximize returns.
| Accumulation Distribution | 38.95 | |||
| Daily Balance Of Power | (0.27) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 1980.0 | |||
| Day Typical Price | 1968.67 | |||
| Market Facilitation Index | 0.21 | |||
| Price Action Indicator | (51.00) | |||
| Period Momentum Indicator | (34.00) |
Shagrir Group Risk Indicators
The analysis of Shagrir Group'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 Shagrir Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shagrir 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 | 1.66 | |||
| Standard Deviation | 2.49 | |||
| Variance | 6.22 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Shagrir Stock
Shagrir Group financial ratios help investors to determine whether Shagrir 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 Shagrir with respect to the benefits of owning Shagrir Group security.