Amer Sports, Stock Forecast - Simple Regression

AS Stock   25.64  0.15  0.58%   
The Simple Regression forecasted value of Amer Sports, on the next trading day is expected to be 25.20 with a mean absolute deviation of 1.22 and the sum of the absolute errors of 75.56. Amer Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to gain to 2.33 in 2024, whereas Payables Turnover is likely to drop 3.36 in 2024. . Common Stock Shares Outstanding is likely to drop to about 391.6 M in 2024.
Simple Regression model is a single variable regression model that attempts to put a straight line through Amer Sports, 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.

Amer Sports, Simple Regression Price Forecast For the 12th of December 2024

Given 90 days horizon, the Simple Regression forecasted value of Amer Sports, on the next trading day is expected to be 25.20 with a mean absolute deviation of 1.22, mean absolute percentage error of 2.17, and the sum of the absolute errors of 75.56.
Please note that although there have been many attempts to predict Amer 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 Amer Sports,'s next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Amer Sports, Stock Forecast Pattern

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Amer Sports, Forecasted Value

In the context of forecasting Amer Sports,'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. Amer Sports,'s downside and upside margins for the forecasting period are 22.00 and 28.40, respectively. We have considered Amer Sports,'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
25.64
25.20
Expected Value
28.40
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 Amer Sports, stock data series using in forecasting. Note that when a statistical model is used to represent Amer Sports, 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 Criteria120.7234
BiasArithmetic mean of the errors None
MADMean absolute deviation1.2187
MAPEMean absolute percentage error0.0605
SAESum of the absolute errors75.5601
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 Amer Sports, 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 Amer Sports,

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amer Sports,. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amer Sports,'s price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
22.4725.6428.81
Details
Intrinsic
Valuation
LowRealHigh
23.9727.1430.31
Details
Bollinger
Band Projection (param)
LowMiddleHigh
17.0322.8228.61
Details

Other Forecasting Options for Amer Sports,

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

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

Amer Sports, Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Amer Sports,'s price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Amer Sports,'s current price.

Amer Sports, Market Strength Events

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

Amer Sports, Risk Indicators

The analysis of Amer Sports,'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 Amer Sports,'s investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amer 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.

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Amer Stock Analysis

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