Mediwound Stock Forward View - Simple Regression
| MDWD Stock | USD 16.96 -0.01 -0.06% |
Mediwound's Simple Regression reference data is presented on this page, derived from the application of the forecasting model to historical closing prices. Projected values and accuracy measures are included for reference.
The Simple Regression forecasted value of Mediwound on the next trading day is expected to be 16.93 with a mean absolute deviation of 0.40 and the sum of the absolute errors of 24.18.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 Mediwound 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 Mediwound is based on available price data and is intended for informational purposes. Simple Regression Price Forecast For the 21st of March
Given 90 days horizon, the Simple Regression forecasted value of Mediwound on the next trading day is expected to be 16.93 with a mean absolute deviation of 0.40 , mean absolute percentage error of 0.29 , and the sum of the absolute errors of 24.18 .Please note that although there have been many attempts to predict Mediwound 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 Mediwound's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Mediwound | Mediwound Price Prediction | Research Analysis |
Forecasted Value
Forecasting Mediwound for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The current forecast range spans downside near 14.44 and upside near 19.41.
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 Mediwound stock data series using in forecasting. Note that when a statistical model is used to represent Mediwound 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 | 116.8724 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3965 |
| MAPE | Mean absolute percentage error | 0.0225 |
| SAE | Sum of the absolute errors | 24.1842 |
Other Forecasting Options for Mediwound
For any investor considering Mediwound, Mediwound's price movement is the central factor in determining investment viability. The noise present in Mediwound Stock price charts can distort investment decisions if not properly addressed.Mediwound Related Equities
The following equities are related to Mediwound within the Health Care space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Mediwound 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 |
Mediwound Market Strength Events
Market strength indicators for Mediwound stock help investors evaluate the security's behavior relative to ongoing market conditions. These tools support better market timing and help identify entry and exit signals for Mediwound.
Mediwound Risk Indicators
The analysis of Mediwound's basic risk indicators is a key input for accurate price forecasting and sound investment decisions. Understanding the risk in Mediwound's investment allows investors to make informed choices about accepting or mitigating that exposure.
| Mean Deviation | 1.8 | |||
| Standard Deviation | 2.4 | |||
| Variance | 5.77 |
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 Mediwound
Coverage intensity for Mediwound matters because narrative visibility can influence sentiment, participation, and volatility around the name. The stronger process compares story flow with performance, theme classification, and the level of short-term market interest.
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Mediwound Short Properties
Short sentiment tied to Mediwound matters because heavier bearish pressure can change how quickly future price expectations become unstable. This is most valuable when investors want to know whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 11.4 M | |
| Cash And Short Term Investments | 53.1 M |