Razen SA Stock Forecast - Simple Regression
| RAIZ4 Stock | 2.45 0.01 0.41% |
Razen |
Razen SA Simple Regression Price Forecast For the 16th of December 2024
Given 90 days horizon, the Simple Regression forecasted value of Razen SA on the next trading day is expected to be 2.42 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.53.Please note that although there have been many attempts to predict Razen 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 Razen SA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Razen SA Stock Forecast Pattern
Razen SA Forecasted Value
In the context of forecasting Razen SA'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. Razen SA's downside and upside margins for the forecasting period are 0.02 and 4.82, respectively. We have considered Razen SA'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.
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 Razen SA stock data series using in forecasting. Note that when a statistical model is used to represent Razen SA 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 | 113.0979 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0579 |
| MAPE | Mean absolute percentage error | 0.0213 |
| SAE | Sum of the absolute errors | 3.5336 |
Predictive Modules for Razen SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Razen SA. 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Razen SA. Your research has to be compared to or analyzed against Razen SA's peers to derive any actionable benefits. When done correctly, Razen SA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Razen SA.Other Forecasting Options for Razen SA
For every potential investor in Razen, whether a beginner or expert, Razen SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Razen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Razen. Basic forecasting techniques help filter out the noise by identifying Razen SA's price trends.Razen SA 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 Razen SA stock to make a market-neutral strategy. Peer analysis of Razen SA could also be used in its relative valuation, which is a method of valuing Razen SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Razen SA 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 Razen SA'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 Razen SA's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Razen SA Market Strength Events
Market strength indicators help investors to evaluate how Razen SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Razen SA shares will generate the highest return on investment. By undertsting and applying Razen SA stock market strength indicators, traders can identify Razen SA entry and exit signals to maximize returns.
Razen SA Risk Indicators
The analysis of Razen SA'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 Razen SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting razen 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.
| Mean Deviation | 1.81 | |||
| Standard Deviation | 2.39 | |||
| Variance | 5.72 |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Razen Stock Analysis
When running Razen SA's price analysis, check to measure Razen SA'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 Razen SA is operating at the current time. Most of Razen SA's value examination focuses on studying past and present price action to predict the probability of Razen SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Razen SA's price. Additionally, you may evaluate how the addition of Razen SA to your portfolios can decrease your overall portfolio volatility.