DIeteren Group Stock Forecast - Simple Regression

DJDA Stock  EUR 162.40  2.50  1.56%   
The Simple Regression forecasted value of DIeteren Group SA on the next trading day is expected to be 151.18 with a mean absolute deviation of 7.90 and the sum of the absolute errors of 481.91. DIeteren Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of DIeteren Group'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 DIeteren Group 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.

DIeteren Group Simple Regression Price Forecast For the 23rd of December

Given 90 days horizon, the Simple Regression forecasted value of DIeteren Group SA on the next trading day is expected to be 151.18 with a mean absolute deviation of 7.90, mean absolute percentage error of 89.11, and the sum of the absolute errors of 481.91.
Please note that although there have been many attempts to predict DIeteren 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 DIeteren Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

DIeteren Group Stock Forecast Pattern

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DIeteren Group Forecasted Value

In the context of forecasting DIeteren Group'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. DIeteren Group's downside and upside margins for the forecasting period are 148.25 and 154.10, respectively. We have considered DIeteren Group'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
162.40
148.25
Downside
151.18
Expected Value
154.10
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 DIeteren Group stock data series using in forecasting. Note that when a statistical model is used to represent DIeteren Group 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 Criteria122.6004
BiasArithmetic mean of the errors None
MADMean absolute deviation7.9001
MAPEMean absolute percentage error0.0576
SAESum of the absolute errors481.9067
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 DIeteren Group SA 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 DIeteren Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DIeteren Group SA. 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
156.96159.90162.84
Details
Intrinsic
Valuation
LowRealHigh
143.91178.49181.43
Details
Bollinger
Band Projection (param)
LowMiddleHigh
113.29146.86180.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DIeteren Group. Your research has to be compared to or analyzed against DIeteren Group's peers to derive any actionable benefits. When done correctly, DIeteren Group'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 DIeteren Group SA.

Other Forecasting Options for DIeteren Group

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

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

DIeteren Group SA 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 DIeteren Group'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 DIeteren Group's current price.

DIeteren Group Market Strength Events

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

DIeteren Group Risk Indicators

The analysis of DIeteren Group'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 DIeteren Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dieteren 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.

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Other Information on Investing in DIeteren Stock

DIeteren Group financial ratios help investors to determine whether DIeteren 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 DIeteren with respect to the benefits of owning DIeteren Group security.