ProSiebenSat1 Media Stock Forecast - Polynomial Regression
| PSM Stock | EUR 4.98 0.13 2.54% |
The Polynomial Regression forecasted value of ProSiebenSat1 Media SE on the next trading day is expected to be 5.23 with a mean absolute deviation of 0.23 and the sum of the absolute errors of 14.52. ProSiebenSat1 Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ProSiebenSat1 Media's historical fundamentals, such as revenue growth or operating cash flow patterns.
ProSiebenSat1 |
ProSiebenSat1 Media Polynomial Regression Price Forecast For the 10th of January
Given 90 days horizon, the Polynomial Regression forecasted value of ProSiebenSat1 Media SE on the next trading day is expected to be 5.23 with a mean absolute deviation of 0.23, mean absolute percentage error of 0.07, and the sum of the absolute errors of 14.52.Please note that although there have been many attempts to predict ProSiebenSat1 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 ProSiebenSat1 Media's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
ProSiebenSat1 Media Stock Forecast Pattern
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ProSiebenSat1 Media Forecasted Value
In the context of forecasting ProSiebenSat1 Media'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. ProSiebenSat1 Media's downside and upside margins for the forecasting period are 2.59 and 7.87, respectively. We have considered ProSiebenSat1 Media'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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of ProSiebenSat1 Media stock data series using in forecasting. Note that when a statistical model is used to represent ProSiebenSat1 Media 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 | 117.3469 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.2342 |
| MAPE | Mean absolute percentage error | 0.0445 |
| SAE | Sum of the absolute errors | 14.5208 |
Predictive Modules for ProSiebenSat1 Media
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ProSiebenSat1 Media. 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 ProSiebenSat1 Media
For every potential investor in ProSiebenSat1, whether a beginner or expert, ProSiebenSat1 Media's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ProSiebenSat1 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ProSiebenSat1. Basic forecasting techniques help filter out the noise by identifying ProSiebenSat1 Media's price trends.ProSiebenSat1 Media 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 ProSiebenSat1 Media stock to make a market-neutral strategy. Peer analysis of ProSiebenSat1 Media could also be used in its relative valuation, which is a method of valuing ProSiebenSat1 Media by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ProSiebenSat1 Media 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 ProSiebenSat1 Media'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 ProSiebenSat1 Media's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
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| Volume Indicators |
ProSiebenSat1 Media Market Strength Events
Market strength indicators help investors to evaluate how ProSiebenSat1 Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ProSiebenSat1 Media shares will generate the highest return on investment. By undertsting and applying ProSiebenSat1 Media stock market strength indicators, traders can identify ProSiebenSat1 Media SE entry and exit signals to maximize returns.
ProSiebenSat1 Media Risk Indicators
The analysis of ProSiebenSat1 Media'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 ProSiebenSat1 Media's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting prosiebensat1 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 | 1.66 | |||
| Standard Deviation | 2.57 | |||
| Variance | 6.59 |
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 ProSiebenSat1 Stock
ProSiebenSat1 Media financial ratios help investors to determine whether ProSiebenSat1 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 ProSiebenSat1 with respect to the benefits of owning ProSiebenSat1 Media security.