Exor NV Pink Sheet Forecast - Simple Regression

EXXRF Stock  USD 98.77  0.77  0.79%   
The Simple Regression forecasted value of Exor NV on the next trading day is expected to be 97.61 with a mean absolute deviation of 1.43 and the sum of the absolute errors of 87.23. Exor Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Exor NV's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Exor NV 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.

Exor NV Simple Regression Price Forecast For the 16th of December 2024

Given 90 days horizon, the Simple Regression forecasted value of Exor NV on the next trading day is expected to be 97.61 with a mean absolute deviation of 1.43, mean absolute percentage error of 2.83, and the sum of the absolute errors of 87.23.
Please note that although there have been many attempts to predict Exor Pink Sheet 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 Exor NV's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Exor NV Pink Sheet Forecast Pattern

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Exor NV Forecasted Value

In the context of forecasting Exor NV's Pink Sheet 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. Exor NV's downside and upside margins for the forecasting period are 96.27 and 98.94, respectively. We have considered Exor NV'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
98.77
97.61
Expected Value
98.94
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 Exor NV pink sheet data series using in forecasting. Note that when a statistical model is used to represent Exor NV pink sheet, 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 Criteria119.1505
BiasArithmetic mean of the errors None
MADMean absolute deviation1.43
MAPEMean absolute percentage error0.0138
SAESum of the absolute errors87.228
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 Exor NV 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 Exor NV

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Exor NV. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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
97.4298.77100.12
Details
Intrinsic
Valuation
LowRealHigh
83.5084.85108.65
Details
Bollinger
Band Projection (param)
LowMiddleHigh
96.30100.15104.01
Details

Other Forecasting Options for Exor NV

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

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 Risk & Return  Correlation

Exor NV Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Exor NV'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 Exor NV's current price.

Exor NV Market Strength Events

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

Exor NV Risk Indicators

The analysis of Exor NV'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 Exor NV's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting exor pink sheet 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.

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Other Information on Investing in Exor Pink Sheet

Exor NV financial ratios help investors to determine whether Exor Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Exor with respect to the benefits of owning Exor NV security.