Cambi ASA Stock Forward View - Simple Moving Average
| CAMBI Stock | NOK 18.00 -0.20 -1.10% |
Cambi ASA's Simple Moving Average reference data reflects the model's output when applied to available daily price observations. This page summarizes the model output and key accuracy metrics for reference. The projected value and error metrics are calculated from available daily price observations. This information is intended as reference material for analytical purposes.
The Simple Moving Average forecasted value of Cambi ASA on the next trading day is expected to be 18.00 with a mean absolute deviation of 0.37 and the sum of the absolute errors of 21.65.The simple moving average model is conceptually a linear regression of the current value of Cambi ASA price series against current and previous (unobserved) value of Cambi ASA. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future The Simple Moving Average reference values for Cambi ASA are derived from publicly available price data and should be used for informational purposes only. Simple Moving Average Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Moving Average forecasted value of Cambi ASA on the next trading day is expected to be 18.00 with a mean absolute deviation of 0.37 , mean absolute percentage error of 0.23 , and the sum of the absolute errors of 21.65 .Please note that although there have been many attempts to predict Cambi Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Cambi ASA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Cambi ASA | Cambi ASA Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Cambi ASA focuses on identifying predictive downside and upside bands that can frame a realistic trading range. At the moment, the model places downside around 15.34 and upside around 20.66 for the forecasting period.
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 Cambi ASA stock data series using in forecasting. Note that when a statistical model is used to represent Cambi ASA 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 | 112.9511 |
| Bias | Arithmetic mean of the errors | -0.0322 |
| MAD | Mean absolute deviation | 0.3669 |
| MAPE | Mean absolute percentage error | 0.0206 |
| SAE | Sum of the absolute errors | 21.65 |
Other Forecasting Options for Cambi ASA
Relative Strength Index values for Cambi measure the speed and magnitude of recent price changes. Recognizing these clusters in Cambi ASA's returns helps calibrate position size and stop-loss levels. Candlestick pattern analysis of Cambi Stock daily data can reveal short-term reversal or continuation signals. Identifying these patterns in Cambi Stock data supports better trade timing.Cambi ASA Related Equities
The peer firms below within the Waste Management space can help frame Cambi ASA's pricing and running costs in context. Profit comparisons show whether Cambi ASA earns above or below average returns next to its peers. Peer review is most useful when paired with absolute pricing and trend checks. Tracking Cambi ASA's results against these peers over time helps spot rising trends early.
| Risk & Return | Correlation |
Cambi ASA Market Strength Events
Market strength indicators provide a structured view of how Cambi ASA stock is positioned relative to trends. These indicators are valuable tools for identifying when to enter or exit positions in Cambi ASA. Investors tracking Cambi ASA can use these signals to validate or adjust their position timing. Review these indicators alongside Cambi ASA's fundamental data for a complete analytical picture.
Cambi ASA Risk Indicators
The analysis of Cambi ASA's risk metrics is one of the most important steps in projecting its future price. This process quantifies the risk associated with Cambi ASA's and helps determine how to manage it. A structured analysis of Cambi ASA's risk indicators is one of the most reliable ways to improve forecast accuracy. Investors who carefully evaluate the risks in Cambi ASA's are better positioned to make informed decisions.
| Mean Deviation | 2.0 | |||
| Semi Deviation | 1.99 | |||
| Standard Deviation | 2.66 | |||
| Variance | 7.09 | |||
| Downside Variance | 5.37 | |||
| Semi Variance | 3.94 | |||
| Expected Short fall | -2.64 |
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 Cambi ASA
Coverage intensity for Cambi ASA matters because narrative visibility can influence sentiment, participation, and volatility around the name. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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Cambi ASA Short Properties
Reviewing short-oriented indicators for Cambi ASA is useful because long and short participants often create very different signals for timing and volatility. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
| Common Stock Shares Outstanding | 160 M | |
| Cash And Short Term Investments | 271 M |
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Other Information on Investing in Cambi Stock
These ratios describe connections between financial data points for Cambi ASA. The data reflects the most recent reporting period available and is provided for reference.