Esfera Robotics Fund Forecast - Simple Regression
0P00017QSQ | EUR 348.48 1.99 0.57% |
The Simple Regression forecasted value of Esfera Robotics R on the next trading day is expected to be 365.62 with a mean absolute deviation of 5.26 and the sum of the absolute errors of 321.14. Esfera Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Esfera Robotics stock prices and determine the direction of Esfera Robotics R's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Esfera Robotics' historical fundamentals, such as revenue growth or operating cash flow patterns.
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Esfera Robotics Simple Regression Price Forecast For the 22nd of December
Given 90 days horizon, the Simple Regression forecasted value of Esfera Robotics R on the next trading day is expected to be 365.62 with a mean absolute deviation of 5.26, mean absolute percentage error of 48.36, and the sum of the absolute errors of 321.14.Please note that although there have been many attempts to predict Esfera 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 Esfera Robotics' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Esfera Robotics Fund Forecast Pattern
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Esfera Robotics Forecasted Value
In the context of forecasting Esfera Robotics' 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. Esfera Robotics' downside and upside margins for the forecasting period are 364.51 and 366.72, respectively. We have considered Esfera Robotics' 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 Esfera Robotics fund data series using in forecasting. Note that when a statistical model is used to represent Esfera Robotics 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 | 121.9893 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 5.2645 |
MAPE | Mean absolute percentage error | 0.0156 |
SAE | Sum of the absolute errors | 321.1354 |
Predictive Modules for Esfera Robotics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Esfera Robotics R. 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 Esfera Robotics
For every potential investor in Esfera, whether a beginner or expert, Esfera Robotics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Esfera Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Esfera. Basic forecasting techniques help filter out the noise by identifying Esfera Robotics' price trends.Esfera Robotics 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 Esfera Robotics fund to make a market-neutral strategy. Peer analysis of Esfera Robotics could also be used in its relative valuation, which is a method of valuing Esfera Robotics by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Esfera Robotics R 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 Esfera Robotics' 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 Esfera Robotics' current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Esfera Robotics Market Strength Events
Market strength indicators help investors to evaluate how Esfera Robotics fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Esfera Robotics shares will generate the highest return on investment. By undertsting and applying Esfera Robotics fund market strength indicators, traders can identify Esfera Robotics R entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 348.48 | |||
Day Typical Price | 348.48 | |||
Price Action Indicator | (1.00) | |||
Period Momentum Indicator | (1.99) | |||
Relative Strength Index | 63.43 |
Esfera Robotics Risk Indicators
The analysis of Esfera Robotics' 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 Esfera Robotics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting esfera 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 | 0.82 | |||
Semi Deviation | 0.8787 | |||
Standard Deviation | 1.1 | |||
Variance | 1.21 | |||
Downside Variance | 1.22 | |||
Semi Variance | 0.7722 | |||
Expected Short fall | (0.89) |
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 Esfera Fund
Esfera Robotics financial ratios help investors to determine whether Esfera 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 Esfera with respect to the benefits of owning Esfera Robotics security.
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |