ASO SAVINGS Stock Forward View - Simple Moving Average
| ASOSAVINGS | 3.21 0.00 0.00% |
Momentum 94
Buy Peaked
Oversold | Overbought |
Using ASO SAVINGS hype-based prediction, you can estimate the value of ASO SAVINGS AND from the perspective of ASO SAVINGS response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Moving Average forecasted value of ASO SAVINGS AND on the next trading day is expected to be 3.21 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.72. ASO SAVINGS after-hype prediction price | NGN 3.21 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
ASO |
ASO SAVINGS Additional Predictive Modules
Most predictive techniques to examine ASO price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ASO using various technical indicators. When you analyze ASO charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
ASO SAVINGS Simple Moving Average Price Forecast For the 2nd of February
Given 90 days horizon, the Simple Moving Average forecasted value of ASO SAVINGS AND on the next trading day is expected to be 3.21 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.1, and the sum of the absolute errors of 4.72.Please note that although there have been many attempts to predict ASO 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 ASO SAVINGS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
ASO SAVINGS Stock Forecast Pattern
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of ASO SAVINGS stock data series using in forecasting. Note that when a statistical model is used to represent ASO SAVINGS 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 | 112.1255 |
| Bias | Arithmetic mean of the errors | -0.0681 |
| MAD | Mean absolute deviation | 0.0801 |
| MAPE | Mean absolute percentage error | 0.046 |
| SAE | Sum of the absolute errors | 4.725 |
Predictive Modules for ASO SAVINGS
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ASO SAVINGS AND. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as ASO SAVINGS. Your research has to be compared to or analyzed against ASO SAVINGS's peers to derive any actionable benefits. When done correctly, ASO SAVINGS'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 ASO SAVINGS AND.ASO SAVINGS Estimiated After-Hype Price Volatility
As far as predicting the price of ASO SAVINGS at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in ASO SAVINGS or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of ASO SAVINGS, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
ASO SAVINGS Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as ASO SAVINGS is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ASO SAVINGS backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with ASO SAVINGS, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
3.89 | 27.91 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
3.21 | 3.21 | 0.00 |
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ASO SAVINGS Hype Timeline
ASO SAVINGS AND is presently traded for 3.21on Nigerian Stock Exchange of Nigeria. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. ASO is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 3.89%. %. The volatility of related hype on ASO SAVINGS is about 0.0%, with the expected price after the next announcement by competition of 3.21. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.ASO SAVINGS Related Hype Analysis
Having access to credible news sources related to ASO SAVINGS's direct competition is more important than ever and may enhance your ability to predict ASO SAVINGS's future price movements. Getting to know how ASO SAVINGS's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how ASO SAVINGS may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NSLTECH | SECURE ELECTRONIC TECHNOLOGY | 0.00 | 0 per month | 3.26 | 0.10 | 9.26 | (6.02) | 19.35 | |
| ZENITHBANK | ZENITH BANK PLC | 0.00 | 0 per month | 1.69 | 0.07 | 4.37 | (2.46) | 13.40 | |
| ETI | ECOBANK TRANSNATIONAL INCORPORATED | 0.00 | 0 per month | 1.99 | 0.13 | 8.53 | (4.00) | 18.50 | |
| CILEASING | C I LEASING | 0.00 | 0 per month | 3.37 | 0.08 | 9.49 | (7.05) | 17.68 | |
| FTGINSURE | FORTIS GLOBAL INSURANCE | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CUSTODIAN | CUSTODIAN INVESTMENT PLC | 0.00 | 0 per month | 2.84 | 0.01 | 7.69 | (6.37) | 20.00 | |
| STACO | STACO INSURANCE PLC | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| UNIVINSURE | UNIVERSAL INSURANCE PANY | 0.00 | 0 per month | 2.61 | 0.04 | 3.54 | (3.51) | 19.24 |
ASO SAVINGS 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 ASO SAVINGS stock to make a market-neutral strategy. Peer analysis of ASO SAVINGS could also be used in its relative valuation, which is a method of valuing ASO SAVINGS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
ASO SAVINGS Market Strength Events
Market strength indicators help investors to evaluate how ASO SAVINGS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ASO SAVINGS shares will generate the highest return on investment. By undertsting and applying ASO SAVINGS stock market strength indicators, traders can identify ASO SAVINGS AND entry and exit signals to maximize returns.
ASO SAVINGS Risk Indicators
The analysis of ASO SAVINGS'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 ASO SAVINGS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aso 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 | 7.67 | |||
| Semi Deviation | 0.5161 | |||
| Standard Deviation | 24.82 | |||
| Variance | 615.91 | |||
| Downside Variance | 42.94 | |||
| Semi Variance | 0.2664 | |||
| Expected Short fall | (22.31) |
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.
Story Coverage note for ASO SAVINGS
The number of cover stories for ASO SAVINGS depends on current market conditions and ASO SAVINGS's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ASO SAVINGS is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about ASO SAVINGS's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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