Energizer Holdings Stock Forward View - Simple Regression
| ENR Stock | USD 16.71 -0.15 -0.89% |
Energizer Holdings's Simple Regression reference page summarizes the forecasted price and model accuracy metrics derived from daily trading data. This reference information is provided for analytical context.
The Simple Regression forecasted value of Energizer Holdings on the next trading day is expected to be 19.50 with a mean absolute deviation of 1.54 and the sum of the absolute errors of 94.01.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 Energizer Holdings historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data. This Simple Regression forecast data for Energizer Holdings is sourced from the most recent available trading data and is intended solely as reference information. Simple Regression Price Forecast For the 21st of March
Given 90 days horizon, the Simple Regression forecasted value of Energizer Holdings on the next trading day is expected to be 19.50 with a mean absolute deviation of 1.54 , mean absolute percentage error of 3.17 , and the sum of the absolute errors of 94.01 .Please note that although there have been many attempts to predict Energizer 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 Energizer Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Energizer Holdings | Energizer Holdings Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates Energizer Holdings' predictive range by looking for statistically meaningful downside and upside boundaries. At the moment, the model places downside around 16.86 and upside around 22.14 for the forecasting period.
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 Energizer Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Energizer Holdings 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 | 119.264 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.5412 |
| MAPE | Mean absolute percentage error | 0.0767 |
| SAE | Sum of the absolute errors | 94.0136 |
Other Forecasting Options for Energizer Holdings
The movement of Energizer price is the central consideration for investors deciding whether to enter or hold a position. Noise in Energizer Stock price charts can make it difficult to distinguish meaningful trends from random fluctuations.Energizer Holdings Related Equities
The following equities are related to Energizer Holdings within the Consumer Staples space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Energizer Holdings 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 |
Energizer Holdings Market Strength Events
Investors use market strength indicators for Energizer Holdings to evaluate how the stock performs relative to broader market trends. These indicators support more precise timing of Energizer Holdings positions, helping investors maximize return and minimize poorly-timed trades.
| Accumulation Distribution | 21686.14 | |||
| Daily Balance Of Power | -0.27 | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 16.91 | |||
| Day Typical Price | 16.84 | |||
| Price Action Indicator | -0.27 | |||
| Period Momentum Indicator | -0.15 |
Energizer Holdings Risk Indicators
A careful analysis of Energizer Holdings' basic risk indicators provides context for understanding the risk environment surrounding energizer stock. This understanding is an essential input for forecasting Energizer Holdings' future price and for deciding how to manage the associated investment risk.
| Mean Deviation | 2.01 | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.56 |
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 Energizer Holdings
Story coverage around Energizer Holdings often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage separates durable relevance from temporary noise.
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Energizer Holdings Short Properties
Reviewing short-oriented indicators for Energizer Holdings is useful because long and short participants often create very different signals for timing and volatility. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 72 M | |
| Cash And Short Term Investments | 236.2 M |
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