Telecom Argentina Stock Forecast - Simple Regression

TECO2 Stock  ARS 2,925  155.00  5.03%   
The Simple Regression forecasted value of Telecom Argentina on the next trading day is expected to be 3,223 with a mean absolute deviation of 155.97 and the sum of the absolute errors of 9,670. Telecom Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Telecom Argentina stock prices and determine the direction of Telecom Argentina's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Telecom Argentina's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Telecom Argentina 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.

Telecom Argentina Simple Regression Price Forecast For the 20th of December

Given 90 days horizon, the Simple Regression forecasted value of Telecom Argentina on the next trading day is expected to be 3,223 with a mean absolute deviation of 155.97, mean absolute percentage error of 32,942, and the sum of the absolute errors of 9,670.
Please note that although there have been many attempts to predict Telecom 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 Telecom Argentina's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Telecom Argentina Stock Forecast Pattern

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Telecom Argentina Forecasted Value

In the context of forecasting Telecom Argentina'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. Telecom Argentina's downside and upside margins for the forecasting period are 3,220 and 3,227, respectively. We have considered Telecom Argentina'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
2,925
3,223
Expected Value
3,227
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 Telecom Argentina stock data series using in forecasting. Note that when a statistical model is used to represent Telecom Argentina 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 Criteria130.3509
BiasArithmetic mean of the errors None
MADMean absolute deviation155.9699
MAPEMean absolute percentage error0.0669
SAESum of the absolute errors9670.1352
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 Telecom Argentina 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 Telecom Argentina

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Telecom Argentina. 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
2,9212,9252,929
Details
Intrinsic
Valuation
LowRealHigh
2,6323,2073,210
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Telecom Argentina. Your research has to be compared to or analyzed against Telecom Argentina's peers to derive any actionable benefits. When done correctly, Telecom Argentina'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 Telecom Argentina.

Other Forecasting Options for Telecom Argentina

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

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

Telecom Argentina 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 Telecom Argentina'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 Telecom Argentina's current price.

Telecom Argentina Market Strength Events

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

Telecom Argentina Risk Indicators

The analysis of Telecom Argentina'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 Telecom Argentina's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting telecom 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.

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 Telecom Stock

Telecom Argentina financial ratios help investors to determine whether Telecom 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 Telecom with respect to the benefits of owning Telecom Argentina security.