Hannover Rück Pink Sheet Forward View - Polynomial Regression
| HVRRF Stock | USD 317.19 19.86 6.68% |
The reference data on this page reflects Polynomial Regression output applied to Hannover Rck SE's historical daily closing prices. Forecast values and accuracy statistics are presented for informational purposes.
The Polynomial Regression forecasted value of Hannover Rck SE on the next trading day is expected to be 309.05 with a mean absolute deviation of 5.64 and the sum of the absolute errors of 344.15.A single variable polynomial regression model attempts to put a curve through the Hannover Rück historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm The forecast reference data presented here for Hannover Rck SE reflects Polynomial Regression model output and is intended as reference material for analytical use. Polynomial Regression Price Forecast For the 20th of March
Given 90 days horizon, the Polynomial Regression forecasted value of Hannover Rck SE on the next trading day is expected to be 309.05 with a mean absolute deviation of 5.64 , mean absolute percentage error of 47.47 , and the sum of the absolute errors of 344.15 .Please note that although there have been many attempts to predict Hannover Pink Sheet 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 Hannover Rück's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Pink Sheet Forecast Pattern
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Forecasted Value
For the next trading day, Macroaxis evaluates Hannover Rück's predictive range by looking for statistically meaningful downside and upside boundaries. The projected forecast band currently runs from roughly 307.01 on the downside to about 311.09 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Hannover Rück pink sheet data series using in forecasting. Note that when a statistical model is used to represent Hannover Rück pink sheet, 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 | 121.9706 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 5.6418 |
| MAPE | Mean absolute percentage error | 0.0191 |
| SAE | Sum of the absolute errors | 344.1492 |
Other Forecasting Options for Hannover Rück
Understanding Hannover Rück's price movement is a prerequisite for any investor considering Hannover as a position. Hannover Pink Sheet price charts are frequently cluttered with noise that can interfere with accurate interpretation.Hannover Rück Related Equities
The following equities are related to Hannover Rück within the Insurance—Reinsurance space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Hannover Rück 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 |
Hannover Rück Market Strength Events
For traders and investors in Hannover Rck SE, market strength indicators offer a quantitative framework for evaluating the pink sheet's responsiveness to market conditions. These tools help identify when trading Hannover Rück shares is most likely to generate favorable returns.
| Rate Of Daily Change | 1.07 | |||
| Day Median Price | 317.19 | |||
| Day Typical Price | 317.19 | |||
| Price Action Indicator | 9.93 | |||
| Period Momentum Indicator | 19.86 | |||
| Relative Strength Index | 60.6 |
Hannover Rück Risk Indicators
Analyzing Hannover Rück's risk indicators provides a critical input for price forecasting and investment risk management. By quantifying the risk in Hannover Rück's investment, investors can make more informed decisions about their exposure and hedging strategies.
| Mean Deviation | 0.9604 | |||
| Semi Deviation | 1.34 | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.96 | |||
| Downside Variance | 9.48 | |||
| Semi Variance | 1.79 | |||
| Expected Short fall | -3.59 |
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 Hannover Rück
A coverage review of Hannover Rck SE shows when the security is attracting above-average attention from contributors and market observers. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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Financial ratios represent how different financial values are linked for Hannover Rück. They reflect how financial results tie into valuation measures. The format ensures financial data remains comparable across time periods. All values are presented as reference data based on the latest available reporting.