Fragbite Group Stock Forward View - Double Exponential Smoothing

FRAG Stock   6.40  0.78  10.86%   
Fragbite Stock outlook is based on your current time horizon.
At this time the value of rsi of Fragbite Group's share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Fragbite Group's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Fragbite Group AB, which may create opportunities for some arbitrage if properly timed.
Using Fragbite Group hype-based prediction, you can estimate the value of Fragbite Group AB from the perspective of Fragbite Group response to recently generated media hype and the effects of current headlines on its competitors.
The Double Exponential Smoothing forecasted value of Fragbite Group AB on the next trading day is expected to be 6.34 with a mean absolute deviation of 0.38 and the sum of the absolute errors of 22.58.

Fragbite Group after-hype prediction price

    
  SEK 6.4  
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.
  
Check out Historical Fundamental Analysis of Fragbite Group to cross-verify your projections.

Fragbite Group Additional Predictive Modules

Most predictive techniques to examine Fragbite price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Fragbite using various technical indicators. When you analyze Fragbite 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.
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Fragbite Group works best with periods where there are trends or seasonality.

Fragbite Group Double Exponential Smoothing Price Forecast For the 7th of February

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Fragbite Group AB on the next trading day is expected to be 6.34 with a mean absolute deviation of 0.38, mean absolute percentage error of 0.33, and the sum of the absolute errors of 22.58.
Please note that although there have been many attempts to predict Fragbite 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 Fragbite Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Fragbite Group Stock Forecast Pattern

Backtest Fragbite Group  Fragbite Group Price Prediction  Research Analysis  

Fragbite Group Forecasted Value

In the context of forecasting Fragbite Group's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Fragbite Group's downside and upside margins for the forecasting period are 0.06 and 14.14, respectively. We have considered Fragbite Group's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
6.40
6.34
Expected Value
14.14
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Fragbite Group stock data series using in forecasting. Note that when a statistical model is used to represent Fragbite Group 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.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors 0.0825
MADMean absolute deviation0.3763
MAPEMean absolute percentage error0.0497
SAESum of the absolute errors22.5789
When Fragbite Group AB prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Fragbite Group AB trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Fragbite Group observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Fragbite Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fragbite Group AB. 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.
Hype
Prediction
LowEstimatedHigh
0.326.4014.19
Details
Intrinsic
Valuation
LowRealHigh
0.306.0313.82
Details

Fragbite Group After-Hype Price Density Analysis

As far as predicting the price of Fragbite Group 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 Fragbite Group 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 Fragbite Group, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Fragbite Group Estimiated After-Hype Price Volatility

In the context of predicting Fragbite Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Fragbite Group's historical news coverage. Fragbite Group's after-hype downside and upside margins for the prediction period are 0.32 and 14.19, respectively. We have considered Fragbite Group's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
6.40
6.40
After-hype Price
14.19
Upside
Fragbite Group is risky at this time. Analysis and calculation of next after-hype price of Fragbite Group AB is based on 3 months time horizon.

Fragbite Group Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Fragbite Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fragbite Group 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 Fragbite Group, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.49 
7.79
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
6.40
6.40
0.00 
0.00  
Notes

Fragbite Group Hype Timeline

Fragbite Group AB is currently traded for 6.40on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Fragbite is anticipated 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 anticipated to be very small, whereas the daily expected return is currently at -0.49%. %. The volatility of related hype on Fragbite Group is about 0.0%, with the expected price after the next announcement by competition of 6.40. About 60.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.92. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fragbite Group AB recorded a loss per share of 0.84. The entity had not issued any dividends in recent years. The firm had 500:1 split on the 5th of December 2024. Assuming the 90 days trading horizon the next anticipated press release will be in a few days.
Check out Historical Fundamental Analysis of Fragbite Group to cross-verify your projections.

Fragbite Group Related Hype Analysis

Having access to credible news sources related to Fragbite Group's direct competition is more important than ever and may enhance your ability to predict Fragbite Group's future price movements. Getting to know how Fragbite Group'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 Fragbite Group may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
TSECTempest Security AB 0.00 0 per month 0.00 (0.03) 4.49 (3.90) 20.36 
IMPCImpact Coatings publ 0.00 0 per month 0.00 (0.02) 5.03 (5.81) 15.31 
LEVELNordic LEVEL Group 0.00 0 per month 3.06  0  5.36 (5.17) 15.93 
AXOLOTAxolot Solutions Holding 0.00 0 per month 0.00 (0.01) 6.45 (6.25) 19.12 
NEPANepa AB 0.00 0 per month 2.13  0  4.23 (3.76) 13.38 
WISEWise Group AB 0.00 0 per month 3.52 (0) 5.26 (4.66) 51.85 
GGEOGuideline Geo AB 0.00 0 per month 2.91  0.05  4.50 (5.19) 14.59 
BIOEXBioextrax AB 0.00 0 per month 4.33  0.03  6.72 (8.11) 42.67 
HEXIHexicon AB 0.00 0 per month 6.21  0.02  8.33 (11.11) 119.48 
SAXGSaxlund Group AB 0.00 0 per month 2.02 (0.01) 4.95 (3.63) 15.51 

Other Forecasting Options for Fragbite Group

For every potential investor in Fragbite, whether a beginner or expert, Fragbite Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fragbite Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fragbite. Basic forecasting techniques help filter out the noise by identifying Fragbite Group's price trends.

Fragbite Group 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 Fragbite Group stock to make a market-neutral strategy. Peer analysis of Fragbite Group could also be used in its relative valuation, which is a method of valuing Fragbite Group by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Fragbite Group Market Strength Events

Market strength indicators help investors to evaluate how Fragbite Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fragbite Group shares will generate the highest return on investment. By undertsting and applying Fragbite Group stock market strength indicators, traders can identify Fragbite Group AB entry and exit signals to maximize returns.

Fragbite Group Risk Indicators

The analysis of Fragbite Group'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 Fragbite Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fragbite 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.
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 Fragbite Group

The number of cover stories for Fragbite Group depends on current market conditions and Fragbite Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Fragbite Group 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 Fragbite Group's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Fragbite Group Short Properties

Fragbite Group's future price predictability will typically decrease when Fragbite Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Fragbite Group AB often depends not only on the future outlook of the potential Fragbite Group's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Fragbite Group's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding107.5 M
Cash And Short Term Investments87.5 M

Additional Tools for Fragbite Stock Analysis

When running Fragbite Group's price analysis, check to measure Fragbite Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fragbite Group is operating at the current time. Most of Fragbite Group's value examination focuses on studying past and present price action to predict the probability of Fragbite Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fragbite Group's price. Additionally, you may evaluate how the addition of Fragbite Group to your portfolios can decrease your overall portfolio volatility.