Asiana Airlines Stock Forecast - Polynomial Regression

Asiana Airlines polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Asiana Airlines as well as the accuracy indicators are determined from the period prices.

Asiana Airlines Polynomial Regression Price Forecast For the 30th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Asiana Airlines on the next trading day is expected to be 10,834 with a mean absolute deviation of 194.29, mean absolute percentage error of 65,434, and the sum of the absolute errors of 11,852.

Asiana Airlines Stock Forecast Pattern

Backtest Asiana Airlines

Asiana Airlines Price Prediction

Buy or Sell Advice

Asiana Airlines Forecasted Value

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 Asiana Airlines stock data series using in forecasting. Note that when a statistical model is used to represent Asiana Airlines 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. A single variable polynomial regression model attempts to put a curve through the Asiana Airlines historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a₀ + a₁*X + a₂*X² + a₃*X³ + ... + a_m*X^m

Predictive Modules for Asiana Airlines

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Asiana Airlines. 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 Low Estimated High 10,988 10,990 10,992 Details

Intrinsic Valuation Low Real High 10,219 10,221 12,089 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Asiana Airlines. Your research has to be compared to or analyzed against Asiana Airlines' peers to derive any actionable benefits. When done correctly, Asiana Airlines' 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 Asiana Airlines.

Other Forecasting Options for Asiana Airlines

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

Asiana Airlines Related Equities

Risk & Return

Correlation

Asiana Airlines 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 Asiana Airlines' 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 Asiana Airlines' current price.

Asiana Airlines Market Strength Events

Asiana Airlines Risk Indicators

Pair Trading with Asiana Airlines

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 Asiana Airlines 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 Asiana Airlines will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Asiana Stock