Ferroamp Elektronik Stock Forward View - Simple Moving Average
| FERRO Stock | SEK 2.67 0.05 1.91% |
The Simple Moving Average forecast shown here for Ferroamp Elektronik is reference data produced from its historical price series. The projected value and error measures below serve as reference information.
The Simple Moving Average forecasted value of Ferroamp Elektronik AB on the next trading day is expected to be 2.67 with a mean absolute deviation of 0.16 and the sum of the absolute errors of 9.35.The simple moving average model is conceptually a linear regression of the current value of Ferroamp Elektronik AB price series against current and previous (unobserved) value of Ferroamp Elektronik. 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 This Simple Moving Average reference page for Ferroamp Elektronik presents model-generated projections from historical price data for informational purposes. Simple Moving Average Price Forecast For the 27th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Ferroamp Elektronik AB on the next trading day is expected to be 2.67 with a mean absolute deviation of 0.16 , mean absolute percentage error of 0.06 , and the sum of the absolute errors of 9.35 .Please note that although there have been many attempts to predict Ferroamp 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 Ferroamp Elektronik's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Ferroamp Elektronik | Ferroamp Elektronik Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Ferroamp Elektronik AB focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 0.03 and upside near 9.06.
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 Ferroamp Elektronik stock data series using in forecasting. Note that when a statistical model is used to represent Ferroamp Elektronik 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 | 113.3976 |
| Bias | Arithmetic mean of the errors | -0.0187 |
| MAD | Mean absolute deviation | 0.1558 |
| MAPE | Mean absolute percentage error | 0.0492 |
| SAE | Sum of the absolute errors | 9.35 |
Other Forecasting Options for Ferroamp Elektronik
The distribution of Ferroamp Elektronik's daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This can reveal hidden support and resistance zones in Ferroamp Elektronik's chart that simple price charts miss.Ferroamp Elektronik Related Equities
These stocks are related to Ferroamp Elektronik within the Electrical Equipment & Parts space and can be used for peer review, pricing, or spreading risk. Revenue and margin checks across this group help investors set expectations for Ferroamp Elektronik's results.
| Risk & Return | Correlation |
Ferroamp Elektronik Market Strength Events
Market strength indicators for Ferroamp Elektronik give insight into the stock's responsiveness to broader forces. These indicators are useful for traders seeking optimal timing for positions in Ferroamp Elektronik AB.
Ferroamp Elektronik Risk Indicators
A thorough review of Ferroamp Elektronik's risk indicators is an important first step in forecasting its price. Quantifying the risk involved in Ferroamp Elektronik's allows investors to make better decisions about entry, sizing, and hedging.
| Mean Deviation | 4.27 | |||
| Semi Deviation | 5.1 | |||
| Standard Deviation | 6.15 | |||
| Variance | 37.83 | |||
| Downside Variance | 32.2 | |||
| Semi Variance | 26.02 | |||
| Expected Short fall | -4.90 |
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 Ferroamp Elektronik
Story coverage around Ferroamp Elektronik AB often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
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Ferroamp Elektronik Short Properties
Reviewing short-oriented indicators for Ferroamp Elektronik AB 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 | 107.5 M | |
| Cash And Short Term Investments | 98 M |
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