Nicoccino Holding Stock Forecast - Simple Regression

NICO Stock  SEK 0.90  0.08  9.76%   
The Simple Regression forecasted value of Nicoccino Holding AB on the next trading day is expected to be 0.79 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.45. Nicoccino Stock Forecast is based on your current time horizon.
At this time the value of rsi of Nicoccino Holding's share price is below 20 . This 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 Nicoccino Holding's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Nicoccino Holding AB, which may create opportunities for some arbitrage if properly timed.
Using Nicoccino Holding hype-based prediction, you can estimate the value of Nicoccino Holding AB from the perspective of Nicoccino Holding response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Nicoccino Holding AB on the next trading day is expected to be 0.79 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.45.

Nicoccino Holding after-hype prediction price

    
  SEK 0.9  
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 Nicoccino Holding to cross-verify your projections.

Nicoccino Holding Additional Predictive Modules

Most predictive techniques to examine Nicoccino price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nicoccino using various technical indicators. When you analyze Nicoccino 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.
Simple Regression model is a single variable regression model that attempts to put a straight line through Nicoccino Holding price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Nicoccino Holding Simple Regression Price Forecast For the 25th of January

Given 90 days horizon, the Simple Regression forecasted value of Nicoccino Holding AB on the next trading day is expected to be 0.79 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.45.
Please note that although there have been many attempts to predict Nicoccino Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Nicoccino Holding's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Nicoccino Holding Stock Forecast Pattern

Backtest Nicoccino HoldingNicoccino Holding Price PredictionBuy or Sell Advice 

Nicoccino Holding Forecasted Value

In the context of forecasting Nicoccino Holding'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. Nicoccino Holding's downside and upside margins for the forecasting period are 0.01 and 12.58, respectively. We have considered Nicoccino Holding'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
0.90
0.79
Expected Value
12.58
Upside

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 Nicoccino Holding stock data series using in forecasting. Note that when a statistical model is used to represent Nicoccino Holding 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 Criteria113.5068
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0893
MAPEMean absolute percentage error0.1119
SAESum of the absolute errors5.4474
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 Nicoccino Holding AB historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Nicoccino Holding

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nicoccino Holding. 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
0.050.9012.69
Details
Intrinsic
Valuation
LowRealHigh
0.040.7212.51
Details

Nicoccino Holding After-Hype Price Prediction Density Analysis

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

Nicoccino Holding Estimiated After-Hype Price Volatility

In the context of predicting Nicoccino Holding's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nicoccino Holding's historical news coverage. Nicoccino Holding's after-hype downside and upside margins for the prediction period are 0.05 and 12.69, respectively. We have considered Nicoccino Holding'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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.90
0.90
After-hype Price
12.69
Upside
Nicoccino Holding is out of control at this time. Analysis and calculation of next after-hype price of Nicoccino Holding is based on 3 months time horizon.

Nicoccino Holding Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Nicoccino Holding is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nicoccino Holding 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 Nicoccino Holding, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.60 
11.79
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.90
0.90
0.00 
0.00  
Notes

Nicoccino Holding Hype Timeline

Nicoccino Holding is now traded for 0.90on Stockholm Exchange of Sweden. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Nicoccino 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 now at 0.6%. %. The volatility of related hype on Nicoccino Holding is about 0.0%, with the expected price after the next announcement by competition of 0.90. About 20.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.94. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nicoccino Holding recorded a loss per share of 0.32. The entity had not issued any dividends in recent years. The firm had 77:75 split on the 11th of May 2022. Assuming the 90 days trading horizon the next anticipated press release will be uncertain.
Check out Historical Fundamental Analysis of Nicoccino Holding to cross-verify your projections.

Nicoccino Holding Related Hype Analysis

Having access to credible news sources related to Nicoccino Holding's direct competition is more important than ever and may enhance your ability to predict Nicoccino Holding's future price movements. Getting to know how Nicoccino Holding'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 Nicoccino Holding may potentially react to the hype associated with one of its peers.

Other Forecasting Options for Nicoccino Holding

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

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

Nicoccino Holding Market Strength Events

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

Nicoccino Holding Risk Indicators

The analysis of Nicoccino Holding'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 Nicoccino Holding's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nicoccino 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 Nicoccino Holding

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

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Nicoccino Holding Short Properties

Nicoccino Holding's future price predictability will typically decrease when Nicoccino Holding's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Nicoccino Holding AB often depends not only on the future outlook of the potential Nicoccino Holding'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. Nicoccino Holding'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 Investments14.7 M

Additional Tools for Nicoccino Stock Analysis

When running Nicoccino Holding's price analysis, check to measure Nicoccino Holding'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 Nicoccino Holding is operating at the current time. Most of Nicoccino Holding's value examination focuses on studying past and present price action to predict the probability of Nicoccino Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nicoccino Holding's price. Additionally, you may evaluate how the addition of Nicoccino Holding to your portfolios can decrease your overall portfolio volatility.