Groupama Entreprises Fund Forecast - Polynomial Regression

0P00001S8S  EUR 594.01  0.03  0.01%   
The Polynomial Regression forecasted value of Groupama Entreprises N on the next trading day is expected to be 594.18 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.55. Groupama Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Groupama Entreprises stock prices and determine the direction of Groupama Entreprises N's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Groupama Entreprises' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Groupama Entreprises polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Groupama Entreprises N as well as the accuracy indicators are determined from the period prices.

Groupama Entreprises Polynomial Regression Price Forecast For the 22nd of December

Given 90 days horizon, the Polynomial Regression forecasted value of Groupama Entreprises N on the next trading day is expected to be 594.18 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.55.
Please note that although there have been many attempts to predict Groupama 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 Groupama Entreprises' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Groupama Entreprises Fund Forecast Pattern

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Groupama Entreprises Forecasted Value

In the context of forecasting Groupama Entreprises' 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. Groupama Entreprises' downside and upside margins for the forecasting period are 594.17 and 594.19, respectively. We have considered Groupama Entreprises' 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
594.01
594.17
Downside
594.18
Expected Value
594.19
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Groupama Entreprises fund data series using in forecasting. Note that when a statistical model is used to represent Groupama Entreprises 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 Criteria112.1849
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0418
MAPEMean absolute percentage error1.0E-4
SAESum of the absolute errors2.5507
A single variable polynomial regression model attempts to put a curve through the Groupama Entreprises historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Groupama Entreprises

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Groupama Entreprises. 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
594.00594.01594.02
Details
Intrinsic
Valuation
LowRealHigh
593.45593.46653.41
Details
Bollinger
Band Projection (param)
LowMiddleHigh
591.84593.08594.31
Details

Other Forecasting Options for Groupama Entreprises

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

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

Groupama Entreprises 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 Groupama Entreprises' 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 Groupama Entreprises' current price.

Groupama Entreprises Market Strength Events

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

Groupama Entreprises Risk Indicators

The analysis of Groupama Entreprises' 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 Groupama Entreprises' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting groupama 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 Groupama Fund

Groupama Entreprises financial ratios help investors to determine whether Groupama 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 Groupama with respect to the benefits of owning Groupama Entreprises security.
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