Sentry Petroleum Stock Forecast - Simple Regression
| SPLM Stock | USD 0.0001 0.00 0.00% |
The Simple Regression forecasted value of Sentry Petroleum on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Sentry Stock Forecast is based on your current time horizon. Although Sentry Petroleum's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Sentry Petroleum's systematic risk associated with finding meaningful patterns of Sentry Petroleum fundamentals over time.
Sentry |
Sentry Petroleum Simple Regression Price Forecast For the 17th of December 2024
Given 90 days horizon, the Simple Regression forecasted value of Sentry Petroleum on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Sentry 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 Sentry Petroleum's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Sentry Petroleum Stock Forecast Pattern
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Sentry Petroleum Forecasted Value
In the context of forecasting Sentry Petroleum'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. Sentry Petroleum's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Sentry Petroleum'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 Sentry Petroleum stock data series using in forecasting. Note that when a statistical model is used to represent Sentry Petroleum 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 | 30.3989 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0 |
| MAPE | Mean absolute percentage error | 0.0 |
| SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Sentry Petroleum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sentry Petroleum. 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.Other Forecasting Options for Sentry Petroleum
For every potential investor in Sentry, whether a beginner or expert, Sentry Petroleum's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sentry Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sentry. Basic forecasting techniques help filter out the noise by identifying Sentry Petroleum's price trends.Sentry Petroleum 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 Sentry Petroleum stock to make a market-neutral strategy. Peer analysis of Sentry Petroleum could also be used in its relative valuation, which is a method of valuing Sentry Petroleum by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sentry Petroleum 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 Sentry Petroleum'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 Sentry Petroleum's current price.| Cycle Indicators | ||
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Sentry Petroleum Market Strength Events
Market strength indicators help investors to evaluate how Sentry Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sentry Petroleum shares will generate the highest return on investment. By undertsting and applying Sentry Petroleum stock market strength indicators, traders can identify Sentry Petroleum entry and exit signals to maximize returns.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Sentry Petroleum to cross-verify your projections. To learn how to invest in Sentry Stock, please use our How to Invest in Sentry Petroleum guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sentry Petroleum. If investors know Sentry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sentry Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (1.10) | Return On Equity (1.84) |
The market value of Sentry Petroleum is measured differently than its book value, which is the value of Sentry that is recorded on the company's balance sheet. Investors also form their own opinion of Sentry Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Sentry Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sentry Petroleum's market value can be influenced by many factors that don't directly affect Sentry Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sentry Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sentry Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sentry Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.