Thermador Groupe Stock Forecast - Polynomial Regression
| THEP Stock | EUR 81.20 1.20 1.50% |
The Polynomial Regression forecasted value of Thermador Groupe SA on the next trading day is expected to be 77.03 with a mean absolute deviation of 1.13 and the sum of the absolute errors of 69.96. Thermador Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Thermador Groupe stock prices and determine the direction of Thermador Groupe SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Thermador Groupe's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Thermador Groupe to cross-verify your projections. Thermador |
Most investors in Thermador Groupe cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Thermador Groupe's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Thermador Groupe's price structures and extracts relationships that further increase the generated results' accuracy.
Thermador Groupe polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Thermador Groupe SA as well as the accuracy indicators are determined from the period prices. Thermador Groupe Polynomial Regression Price Forecast For the 1st of May
Given 90 days horizon, the Polynomial Regression forecasted value of Thermador Groupe SA on the next trading day is expected to be 77.03 with a mean absolute deviation of 1.13, mean absolute percentage error of 1.97, and the sum of the absolute errors of 69.96.Please note that although there have been many attempts to predict Thermador 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 Thermador Groupe's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Thermador Groupe Stock Forecast Pattern
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Thermador Groupe Forecasted Value
In the context of forecasting Thermador Groupe'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. Thermador Groupe's downside and upside margins for the forecasting period are 75.66 and 78.39, respectively. We have considered Thermador Groupe'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 Thermador Groupe stock data series using in forecasting. Note that when a statistical model is used to represent Thermador Groupe 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 | 120.6288 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.1284 |
| MAPE | Mean absolute percentage error | 0.0137 |
| SAE | Sum of the absolute errors | 69.9597 |
Predictive Modules for Thermador Groupe
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thermador Groupe. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thermador Groupe's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Thermador Groupe
For every potential investor in Thermador, whether a beginner or expert, Thermador Groupe's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Thermador Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Thermador. Basic forecasting techniques help filter out the noise by identifying Thermador Groupe's price trends.Thermador Groupe 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 Thermador Groupe stock to make a market-neutral strategy. Peer analysis of Thermador Groupe could also be used in its relative valuation, which is a method of valuing Thermador Groupe by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Thermador Groupe 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 Thermador Groupe'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 Thermador Groupe's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Thermador Groupe Market Strength Events
Market strength indicators help investors to evaluate how Thermador Groupe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thermador Groupe shares will generate the highest return on investment. By undertsting and applying Thermador Groupe stock market strength indicators, traders can identify Thermador Groupe SA entry and exit signals to maximize returns.
Thermador Groupe Risk Indicators
The analysis of Thermador Groupe'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 Thermador Groupe's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thermador 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 | 1.07 | |||
| Semi Deviation | 1.39 | |||
| Standard Deviation | 1.38 | |||
| Variance | 1.91 | |||
| Downside Variance | 2.36 | |||
| Semi Variance | 1.93 | |||
| Expected Short fall | (1.14) |
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
Check out Historical Fundamental Analysis of Thermador Groupe to cross-verify your projections. You can also try the Positions Ratings module to 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.
Complementary Tools for Thermador Stock analysis
When running Thermador Groupe's price analysis, check to measure Thermador Groupe'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 Thermador Groupe is operating at the current time. Most of Thermador Groupe's value examination focuses on studying past and present price action to predict the probability of Thermador Groupe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermador Groupe's price. Additionally, you may evaluate how the addition of Thermador Groupe to your portfolios can decrease your overall portfolio volatility.
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