Emera Incorporated Stock Forward View - Simple Regression
| EMA Stock | 53.44 -0.24 -0.45% |
This page documents Simple Regression forecast output for Emera Incorporated as reference data. The model is applied to historical closing prices and the resulting projection and error statistics are shown below.
The Simple Regression forecasted value of Emera Incorporated on the next trading day is expected to be 52.74 with a mean absolute deviation of 0.51 and the sum of the absolute errors of 31.37.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 Emera Incorporated historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. The Simple Regression reference information for Emera Incorporated is based on available price data and is intended for informational purposes. Simple Regression Price Forecast For the 18th of March 2026
Given 90 days horizon, the Simple Regression forecasted value of Emera Incorporated on the next trading day is expected to be 52.74 with a mean absolute deviation of 0.51 , mean absolute percentage error of 0.43 , and the sum of the absolute errors of 31.37 .Please note that although there have been many attempts to predict Emera 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 Emera Incorporated's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Emera Incorporated | Emera Incorporated Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Emera Incorporated focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 51.77 and upside near 53.72.
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 Emera Incorporated stock data series using in forecasting. Note that when a statistical model is used to represent Emera Incorporated 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 | 117.2628 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.5142 |
| MAPE | Mean absolute percentage error | 0.0103 |
| SAE | Sum of the absolute errors | 31.367 |
Other Forecasting Options for Emera Incorporated
Any investor evaluating Emera must grapple with the challenge of interpreting Emera Incorporated's price movement accurately. Emera Stock price charts typically contain substantial noise that can complicate analysis and lead to poor decisions.Emera Incorporated Related Equities
The following equities are related to Emera Incorporated within the Utilities space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Emera Incorporated against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Emera Incorporated Market Strength Events
Market strength indicators for Emera Incorporated assess how the stock responds to ongoing changes in market conditions and investor sentiment. By monitoring these indicators, investors can identify the most opportune moments to trade Emera Incorporated.
Emera Incorporated Risk Indicators
Risk indicator analysis for Emera Incorporated is a critical component of accurate price forecasting and sound investment decision-making. By identifying how much risk is embedded in Emera Incorporated's investment, investors can decide how to position and protect their exposure.
| Mean Deviation | 0.6887 | |||
| Semi Deviation | 0.7002 | |||
| Standard Deviation | 0.946 | |||
| Variance | 0.8949 | |||
| Downside Variance | 0.8543 | |||
| Semi Variance | 0.4903 | |||
| Expected Short fall | -0.77 |
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 Emera Incorporated
Coverage intensity for Emera Incorporated 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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Emera Incorporated Short Properties
Short sentiment tied to Emera Incorporated matters because heavier bearish pressure can change how quickly future price expectations become unstable. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
| Common Stock Shares Outstanding | 299.7 M | |
| Cash And Short Term Investments | 364.7 M |