Sabio Holdings Stock Forecast - Simple Regression

SBIO Stock   0.50  0.01  1.96%   
The Simple Regression forecasted value of Sabio Holdings on the next trading day is expected to be 0.50 with a mean absolute deviation of 0.03 and the sum of the absolute errors of 1.87. Sabio Stock Forecast is based on your current time horizon.
  
At this time, Sabio Holdings' Other Current Liabilities is fairly stable compared to the past year. Common Stock is likely to climb to about 14.6 M in 2024, whereas Net Tangible Assets are likely to drop (585.5 K) in 2024.
Simple Regression model is a single variable regression model that attempts to put a straight line through Sabio Holdings 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.

Sabio Holdings Simple Regression Price Forecast For the 5th of December

Given 90 days horizon, the Simple Regression forecasted value of Sabio Holdings on the next trading day is expected to be 0.50 with a mean absolute deviation of 0.03, mean absolute percentage error of 0, and the sum of the absolute errors of 1.87.
Please note that although there have been many attempts to predict Sabio 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 Sabio Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sabio Holdings Stock Forecast Pattern

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Sabio Holdings Forecasted Value

In the context of forecasting Sabio Holdings' 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. Sabio Holdings' downside and upside margins for the forecasting period are 0.01 and 5.89, respectively. We have considered Sabio Holdings' 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
0.50
0.50
Expected Value
5.89
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 Sabio Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Sabio Holdings 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 Criteria111.5674
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0306
MAPEMean absolute percentage error0.0629
SAESum of the absolute errors1.8662
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 Sabio Holdings 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 Sabio Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sabio Holdings. 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.
Hype
Prediction
LowEstimatedHigh
0.030.505.89
Details
Intrinsic
Valuation
LowRealHigh
0.020.425.81
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Other Forecasting Options for Sabio Holdings

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

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

Sabio Holdings 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 Sabio Holdings' 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 Sabio Holdings' current price.

Sabio Holdings Market Strength Events

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

Sabio Holdings Risk Indicators

The analysis of Sabio Holdings' 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 Sabio Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sabio 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 Sabio Stock Analysis

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