ZIM Integrated Stock Forward View - Simple Regression
| ZIM Stock | USD 25.88 -0.20 -0.77% |
The Simple Regression forecast shown here for ZIM Integrated is reference data produced from the equity's historical price series. Accuracy metrics including mean absolute deviation are provided alongside the projection.
The Simple Regression forecasted value of ZIM Integrated Shipping on the next trading day is expected to be 27.93 with a mean absolute deviation of 1.57 and the sum of the absolute errors of 95.50.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 ZIM Integrated Shipping 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 reference page for ZIM Integrated presents model-generated projections from historical price data for informational purposes. Simple Regression Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Regression forecasted value of ZIM Integrated Shipping on the next trading day is expected to be 27.93 with a mean absolute deviation of 1.57 , mean absolute percentage error of 3.70 , and the sum of the absolute errors of 95.50 .Please note that although there have been many attempts to predict ZIM 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 ZIM Integrated's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest ZIM Integrated | ZIM Integrated Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for ZIM Integrated Shipping uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. At the moment, the model places downside around 23.62 and upside around 32.24 for the forecasting period.
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 ZIM Integrated stock data series using in forecasting. Note that when a statistical model is used to represent ZIM Integrated 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 | 119.4193 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.5655 |
| MAPE | Mean absolute percentage error | 0.0663 |
| SAE | Sum of the absolute errors | 95.4957 |
Other Forecasting Options for ZIM Integrated
Regardless of investment experience, understanding ZIM Integrated's price movement is essential for anyone considering a position in ZIM. Price charts for ZIM Stock are often filled with noise that can lead to poor investment choices if not properly filtered.ZIM Integrated Related Equities
The following equities are related to ZIM Integrated within the Industrials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing ZIM Integrated 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 |
ZIM Integrated Market Strength Events
Market strength indicators for ZIM Integrated give investors insight into the stock's responsiveness to broader market forces. Tracking these indicators provides context to make informed timing decisions and identify periods where trading ZIM Integrated is likely to be most rewarding.
ZIM Integrated Risk Indicators
A thorough review of ZIM Integrated's risk indicators is an important first step in forecasting its price and managing investment exposure. This analysis provides context for determining the appropriate level of risk to accept when holding ZIM Integrated's.
| Mean Deviation | 2.59 | |||
| Semi Deviation | 2.36 | |||
| Standard Deviation | 4.22 | |||
| Variance | 17.82 | |||
| Downside Variance | 7.56 | |||
| Semi Variance | 5.55 | |||
| Expected Short fall | -3.20 |
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 ZIM Integrated
A coverage review of ZIM Integrated Shipping shows when the security is attracting above-average attention from contributors and market observers. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
Contributor Headline
Latest Perspective From Macroaxis
ZIM Integrated Short Properties
Short sentiment tied to ZIM Integrated Shipping matters because heavier bearish pressure can change how quickly future price expectations become unstable. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 120.5 M | |
| Cash And Short Term Investments | 1.8 B |