Wihlborgs Fastigheter Pink Sheet Forecast - Simple Regression

WIHLY Stock  USD 6.38  0.00  0.00%   
The Simple Regression forecasted value of Wihlborgs Fastigheter AB on the next trading day is expected to be 6.38 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Wihlborgs Pink Sheet Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Wihlborgs Fastigheter 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.

Wihlborgs Fastigheter Simple Regression Price Forecast For the 3rd of December

Given 90 days horizon, the Simple Regression forecasted value of Wihlborgs Fastigheter AB on the next trading day is expected to be 6.38 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Wihlborgs Pink Sheet 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 Wihlborgs Fastigheter's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Wihlborgs Fastigheter Pink Sheet Forecast Pattern

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Wihlborgs Fastigheter Forecasted Value

In the context of forecasting Wihlborgs Fastigheter's Pink Sheet 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. Wihlborgs Fastigheter's downside and upside margins for the forecasting period are 6.38 and 6.38, respectively. We have considered Wihlborgs Fastigheter'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
6.38
6.38
Expected Value
6.38
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 Wihlborgs Fastigheter pink sheet data series using in forecasting. Note that when a statistical model is used to represent Wihlborgs Fastigheter pink sheet, 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 Criteria53.2186
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
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 Wihlborgs Fastigheter AB 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 Wihlborgs Fastigheter

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wihlborgs Fastigheter. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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
6.386.386.38
Details
Intrinsic
Valuation
LowRealHigh
6.386.386.38
Details

Other Forecasting Options for Wihlborgs Fastigheter

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

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

Wihlborgs Fastigheter Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Wihlborgs Fastigheter'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 Wihlborgs Fastigheter's current price.

Wihlborgs Fastigheter Market Strength Events

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Wihlborgs Pink Sheet Analysis

When running Wihlborgs Fastigheter's price analysis, check to measure Wihlborgs Fastigheter'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 Wihlborgs Fastigheter is operating at the current time. Most of Wihlborgs Fastigheter's value examination focuses on studying past and present price action to predict the probability of Wihlborgs Fastigheter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wihlborgs Fastigheter's price. Additionally, you may evaluate how the addition of Wihlborgs Fastigheter to your portfolios can decrease your overall portfolio volatility.