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.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through BBVA Telecomunicacion 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.

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

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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.
Market Value
30.14
30.57
Expected Value
31.49
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 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.
AICAkaike Information Criteria115.8895
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2613
MAPEMean absolute percentage error0.009
SAESum of the absolute errors15.9397
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 BBVA Telecomunicaciones PP 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 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.
Hype
Prediction
LowEstimatedHigh
29.2230.1431.06
Details
Intrinsic
Valuation
LowRealHigh
27.1332.5033.42
Details
Bollinger
Band Projection (param)
LowMiddleHigh
28.9330.0031.07
Details

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.

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.

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.
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.

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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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