Compania Cervecerias Stock Forecast - Polynomial Regression
| CCU Stock | USD 12.22 0.12 0.99% |
The Polynomial Regression forecasted value of Compania Cervecerias Unidas on the next trading day is expected to be 12.06 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.58. Compania Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Compania Cervecerias stock prices and determine the direction of Compania Cervecerias Unidas's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Compania Cervecerias' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Compania Cervecerias' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Compania Cervecerias' systematic risk associated with finding meaningful patterns of Compania Cervecerias fundamentals over time.
Check out Historical Fundamental Analysis of Compania Cervecerias to cross-verify your projections. Compania |
Most investors in Compania Cervecerias cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Compania Cervecerias' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Compania Cervecerias' price structures and extracts relationships that further increase the generated results' accuracy.
Compania Cervecerias polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Compania Cervecerias Unidas as well as the accuracy indicators are determined from the period prices. Compania Cervecerias Polynomial Regression Price Forecast For the 3rd of May
Given 90 days horizon, the Polynomial Regression forecasted value of Compania Cervecerias Unidas on the next trading day is expected to be 12.06 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.05, and the sum of the absolute errors of 10.58.Please note that although there have been many attempts to predict Compania 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 Compania Cervecerias' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Compania Cervecerias Stock Forecast Pattern
| Backtest Compania Cervecerias | Compania Cervecerias Price Prediction | Buy or Sell Advice |
Compania Cervecerias Forecasted Value
In the context of forecasting Compania Cervecerias' 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. Compania Cervecerias' downside and upside margins for the forecasting period are 10.50 and 13.63, respectively. We have considered Compania Cervecerias' 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 Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Compania Cervecerias stock data series using in forecasting. Note that when a statistical model is used to represent Compania Cervecerias 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 | 115.1096 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1734 |
| MAPE | Mean absolute percentage error | 0.0148 |
| SAE | Sum of the absolute errors | 10.5802 |
Predictive Modules for Compania Cervecerias
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Compania Cervecerias. 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 Compania Cervecerias' 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.
Other Forecasting Options for Compania Cervecerias
For every potential investor in Compania, whether a beginner or expert, Compania Cervecerias' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Compania Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Compania. Basic forecasting techniques help filter out the noise by identifying Compania Cervecerias' price trends.Compania Cervecerias 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 Compania Cervecerias stock to make a market-neutral strategy. Peer analysis of Compania Cervecerias could also be used in its relative valuation, which is a method of valuing Compania Cervecerias by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Compania Cervecerias 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 Compania Cervecerias' 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 Compania Cervecerias' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Compania Cervecerias Market Strength Events
Market strength indicators help investors to evaluate how Compania Cervecerias stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Compania Cervecerias shares will generate the highest return on investment. By undertsting and applying Compania Cervecerias stock market strength indicators, traders can identify Compania Cervecerias Unidas entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 12.22 | |||
| Day Typical Price | 12.22 | |||
| Price Action Indicator | 0.06 | |||
| Period Momentum Indicator | 0.12 |
Compania Cervecerias Risk Indicators
The analysis of Compania Cervecerias' 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 Compania Cervecerias' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting compania 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 | 1.22 | |||
| Semi Deviation | 1.58 | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.58 | |||
| Downside Variance | 2.72 | |||
| Semi Variance | 2.5 | |||
| Expected Short fall | (1.23) |
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.
Pair Trading with Compania Cervecerias
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Compania Cervecerias position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Compania Cervecerias will appreciate offsetting losses from the drop in the long position's value.Moving against Compania Stock
| 0.45 | ISPR | Ispire Technology Common | PairCorr |
The ability to find closely correlated positions to Compania Cervecerias could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compania Cervecerias when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Compania Cervecerias - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Compania Cervecerias Unidas to buy it.
The correlation of Compania Cervecerias is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Compania Cervecerias moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compania Cervecerias moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Compania Cervecerias can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Compania Cervecerias to cross-verify your projections. Note that the Compania Cervecerias information on this page should be used as a complementary analysis to other Compania Cervecerias' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Compania Stock analysis
When running Compania Cervecerias' price analysis, check to measure Compania Cervecerias' 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 Compania Cervecerias is operating at the current time. Most of Compania Cervecerias' value examination focuses on studying past and present price action to predict the probability of Compania Cervecerias' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compania Cervecerias' price. Additionally, you may evaluate how the addition of Compania Cervecerias to your portfolios can decrease your overall portfolio volatility.
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Is Compania Cervecerias' industry 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 Compania Cervecerias. If investors know Compania 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 Compania Cervecerias listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Earnings Share 0.6 | Revenue Per Share 13.9 K | Quarterly Revenue Growth (0.26) | Return On Assets 0.0425 |
The market value of Compania Cervecerias is measured differently than its book value, which is the value of Compania that is recorded on the company's balance sheet. Investors also form their own opinion of Compania Cervecerias' value that differs from its market value or its book value, called intrinsic value, which is Compania Cervecerias' 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 Compania Cervecerias' market value can be influenced by many factors that don't directly affect Compania Cervecerias' 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 Compania Cervecerias' value and its price as these two are different measures arrived at by different means. Investors typically determine if Compania Cervecerias is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compania Cervecerias' 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.