Eurocastle Investment Stock Forecast - Simple Regression
ECT Stock | EUR 7.40 0.80 9.76% |
The Simple Regression forecasted value of Eurocastle Investment on the next trading day is expected to be 6.63 with a mean absolute deviation of 0.39 and the sum of the absolute errors of 24.07. Eurocastle Stock Forecast is based on your current time horizon.
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Eurocastle Investment Simple Regression Price Forecast For the 16th of December 2024
Given 90 days horizon, the Simple Regression forecasted value of Eurocastle Investment on the next trading day is expected to be 6.63 with a mean absolute deviation of 0.39, mean absolute percentage error of 0.36, and the sum of the absolute errors of 24.07.Please note that although there have been many attempts to predict Eurocastle 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 Eurocastle Investment's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Eurocastle Investment Stock Forecast Pattern
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Eurocastle Investment Forecasted Value
In the context of forecasting Eurocastle Investment'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. Eurocastle Investment's downside and upside margins for the forecasting period are 0.07 and 15.66, respectively. We have considered Eurocastle Investment'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 Eurocastle Investment stock data series using in forecasting. Note that when a statistical model is used to represent Eurocastle Investment 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.AIC | Akaike Information Criteria | 117.091 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.3946 |
MAPE | Mean absolute percentage error | 0.0587 |
SAE | Sum of the absolute errors | 24.0728 |
Predictive Modules for Eurocastle Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eurocastle Investment. 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.Other Forecasting Options for Eurocastle Investment
For every potential investor in Eurocastle, whether a beginner or expert, Eurocastle Investment's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eurocastle Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eurocastle. Basic forecasting techniques help filter out the noise by identifying Eurocastle Investment's price trends.Eurocastle Investment 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 Eurocastle Investment stock to make a market-neutral strategy. Peer analysis of Eurocastle Investment could also be used in its relative valuation, which is a method of valuing Eurocastle Investment by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Eurocastle Investment 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 Eurocastle Investment'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 Eurocastle Investment's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Eurocastle Investment Market Strength Events
Market strength indicators help investors to evaluate how Eurocastle Investment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eurocastle Investment shares will generate the highest return on investment. By undertsting and applying Eurocastle Investment stock market strength indicators, traders can identify Eurocastle Investment entry and exit signals to maximize returns.
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 0.9 | |||
Day Median Price | 7.4 | |||
Day Typical Price | 7.4 | |||
Price Action Indicator | (0.40) | |||
Period Momentum Indicator | (0.80) | |||
Relative Strength Index | 25.05 |
Eurocastle Investment Risk Indicators
The analysis of Eurocastle Investment'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 Eurocastle Investment's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eurocastle 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.
Mean Deviation | 3.27 | |||
Semi Deviation | 3.92 | |||
Standard Deviation | 6.3 | |||
Variance | 39.63 | |||
Downside Variance | 29.74 | |||
Semi Variance | 15.39 | |||
Expected Short fall | (5.29) |
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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Additional Tools for Eurocastle Stock Analysis
When running Eurocastle Investment's price analysis, check to measure Eurocastle Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eurocastle Investment is operating at the current time. Most of Eurocastle Investment's value examination focuses on studying past and present price action to predict the probability of Eurocastle Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eurocastle Investment's price. Additionally, you may evaluate how the addition of Eurocastle Investment to your portfolios can decrease your overall portfolio volatility.