Wise Group Stock Forward View
| WISE Stock | SEK 18.95 0.25 1.34% |
Wise Group AB's Naive Prediction forecast reference data is generated from the equity's historical trading prices. This page presents the model output and associated accuracy measures as reference information.
The Naive Prediction forecasted value of Wise Group AB on the next trading day is expected to be 17.47 with a mean absolute deviation of 0.79 and the sum of the absolute errors of 48.78.This model is not at all useful as a medium-long range forecasting tool of Wise Group AB. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Wise Group. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights. The Naive Prediction projections for Wise Group AB are reference data based on historical daily prices and are provided as informational context. Naive Prediction Price Forecast For the 22nd of March
Given 90 days horizon, the Naive Prediction forecasted value of Wise Group AB on the next trading day is expected to be 17.47 with a mean absolute deviation of 0.79 , mean absolute percentage error of 1.11 , and the sum of the absolute errors of 48.78 .Please note that although there have been many attempts to predict Wise 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 Wise Group's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Wise Group | Wise Group Price Prediction | Research Analysis |
Forecasted Value
Forecasting Wise Group AB for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. Investors should still remember that no empirical framework consistently proves that one family of forecasting models will outperform all other approaches in live markets.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Wise Group stock data series using in forecasting. Note that when a statistical model is used to represent Wise 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.| AIC | Akaike Information Criteria | 120.0539 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.7868 |
| MAPE | Mean absolute percentage error | 0.0543 |
| SAE | Sum of the absolute errors | 48.7786 |
Other Forecasting Options for Wise Group
The price trajectory of Wise is the primary concern for any investor assessing it as an opportunity. Wise Stock price charts are filled with noise that can easily mislead uninformed investment decisions.Wise Group Related Equities
The following equities are related to Wise Group within the Industrials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Wise Group 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 |
Wise Group Market Strength Events
Understanding the market strength of Wise Group stock enables investors to assess the security's momentum and responsiveness to broader market forces. These indicators are essential tools for timing trades in Wise Group AB with greater precision.
Wise Group Risk Indicators
Reviewing Wise Group's basic risk indicators is essential for investors who want to forecast its price and manage their investment risk effectively. This analysis helps identify the amount of risk involved in holding Wise Group's and informs decisions about hedging and position.
| Mean Deviation | 4.51 | |||
| Semi Deviation | 3.55 | |||
| Standard Deviation | 8.49 | |||
| Variance | 72.04 | |||
| Downside Variance | 17.77 | |||
| Semi Variance | 12.57 | |||
| Expected Short fall | -8.10 |
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 Wise Group
Coverage intensity for Wise Group AB matters because narrative visibility can influence sentiment, participation, and volatility around the name. A disciplined read of coverage separates durable relevance from temporary noise.
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Wise Group Short Properties
A short-interest review of Wise Group AB provides context for understanding whether skepticism in the market is becoming more influential. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 114.3 M |
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