BBVA Telecomunicacion Fund Forecast - Simple Regression
0P000011YA | EUR 30.14 0.06 0.20% |
The Simple Regression forecasted value of BBVA Telecomunicaciones PP on the next trading day is expected to be 30.57 with a mean absolute deviation of 0.26 and the sum of the absolute errors of 15.94. BBVA Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BBVA Telecomunicacion stock prices and determine the direction of BBVA Telecomunicaciones PP's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BBVA Telecomunicacion's historical fundamentals, such as revenue growth or operating cash flow patterns.
BBVA |
BBVA Telecomunicacion Simple Regression Price Forecast For the 22nd of December
Given 90 days horizon, the Simple Regression forecasted value of BBVA Telecomunicaciones PP on the next trading day is expected to be 30.57 with a mean absolute deviation of 0.26, mean absolute percentage error of 0.11, and the sum of the absolute errors of 15.94.Please note that although there have been many attempts to predict BBVA Fund 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 BBVA Telecomunicacion's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
BBVA Telecomunicacion Fund Forecast Pattern
Backtest BBVA Telecomunicacion | BBVA Telecomunicacion Price Prediction | Buy or Sell Advice |
BBVA Telecomunicacion Forecasted Value
In the context of forecasting BBVA Telecomunicacion's Fund 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. BBVA Telecomunicacion's downside and upside margins for the forecasting period are 29.66 and 31.49, respectively. We have considered BBVA Telecomunicacion'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of BBVA Telecomunicacion fund data series using in forecasting. Note that when a statistical model is used to represent BBVA Telecomunicacion fund, 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 | 115.8895 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.2613 |
MAPE | Mean absolute percentage error | 0.009 |
SAE | Sum of the absolute errors | 15.9397 |
Predictive Modules for BBVA Telecomunicacion
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BBVA Telecomunicaciones. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund 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 BBVA Telecomunicacion
For every potential investor in BBVA, whether a beginner or expert, BBVA Telecomunicacion's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BBVA Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BBVA. Basic forecasting techniques help filter out the noise by identifying BBVA Telecomunicacion's price trends.BBVA Telecomunicacion 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 BBVA Telecomunicacion fund to make a market-neutral strategy. Peer analysis of BBVA Telecomunicacion could also be used in its relative valuation, which is a method of valuing BBVA Telecomunicacion by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
BBVA Telecomunicaciones Technical and Predictive Analytics
The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BBVA Telecomunicacion'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 BBVA Telecomunicacion's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
BBVA Telecomunicacion Market Strength Events
Market strength indicators help investors to evaluate how BBVA Telecomunicacion fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BBVA Telecomunicacion shares will generate the highest return on investment. By undertsting and applying BBVA Telecomunicacion fund market strength indicators, traders can identify BBVA Telecomunicaciones PP entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 30.14 | |||
Day Typical Price | 30.14 | |||
Price Action Indicator | (0.03) | |||
Period Momentum Indicator | (0.06) | |||
Relative Strength Index | 69.46 |
BBVA Telecomunicacion Risk Indicators
The analysis of BBVA Telecomunicacion'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 BBVA Telecomunicacion's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bbva fund 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 | 0.6168 | |||
Semi Deviation | 0.7714 | |||
Standard Deviation | 0.9121 | |||
Variance | 0.832 | |||
Downside Variance | 1.17 | |||
Semi Variance | 0.595 | |||
Expected Short fall | (0.70) |
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.
Currently Active Assets on Macroaxis
Other Information on Investing in BBVA Fund
BBVA Telecomunicacion financial ratios help investors to determine whether BBVA Fund 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 BBVA with respect to the benefits of owning BBVA Telecomunicacion security.
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