Paradox Interactive Stock Forward View - Simple Regression
| PDX Stock | SEK 119.70 1.30 1.10% |
This reference page presents Simple Regression forecast data for Paradox Interactive AB. The projected values and error metrics are presented below as reference information.
The Simple Regression forecasted value of Paradox Interactive AB on the next trading day is expected to be 107.96 with a mean absolute deviation of 5.85 and the sum of the absolute errors of 362.69.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 Paradox Interactive 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. This Simple Regression forecast data for Paradox Interactive AB is sourced from the most recent available trading data and is intended solely as reference information. Simple Regression Price Forecast For the 28th of March
Given 90 days horizon, the Simple Regression forecasted value of Paradox Interactive AB on the next trading day is expected to be 107.96 with a mean absolute deviation of 5.85 , mean absolute percentage error of 46.61 , and the sum of the absolute errors of 362.69 .Please note that although there have been many attempts to predict Paradox 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 Paradox Interactive's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Paradox Interactive | Paradox Interactive Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Paradox Interactive AB focuses on identifying predictive downside and upside bands that can frame a realistic trading range. No forecasting approach has been shown to beat all others over time. Investors should treat any model output as a guide, not a guarantee.
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 Paradox Interactive stock data series using in forecasting. Note that when a statistical model is used to represent Paradox Interactive 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 | 123.7903 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 5.8499 |
| MAPE | Mean absolute percentage error | 0.0451 |
| SAE | Sum of the absolute errors | 362.6912 |
Other Forecasting Options for Paradox Interactive
Paradox Interactive's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in Paradox often signals an upcoming reversal or acceleration.Paradox Interactive Related Equities
Investors studying Paradox Interactive often look at related stocks within the Electronic Gaming & Multimedia space to gauge pricing and results. Return on equity across these peers shows how well each firm turns capital into profit. Persistent outperformance or underperformance by specific peers relative to Paradox Interactive often signals structural advantages or weaknesses.
| Risk & Return | Correlation |
Paradox Interactive Market Strength Events
Market strength indicators help investors evaluate how Paradox Interactive stock reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading Paradox Interactive AB.
Paradox Interactive Risk Indicators
The analysis of Paradox Interactive's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding Paradox Interactive's allows investors to make informed decisions about their exposure.
| Mean Deviation | 1.69 | |||
| Standard Deviation | 2.65 | |||
| Variance | 7.03 |
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 Paradox Interactive
Story coverage around Paradox Interactive AB often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage separates durable relevance from temporary noise.
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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Paradox Interactive Short Properties
A short-interest review of Paradox Interactive AB provides context for understanding whether skepticism in the market is becoming more influential. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Common Stock Shares Outstanding | 105.6 M | |
| Cash And Short Term Investments | 747.5 M |
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