DC Media Stock Forecast - Simple Regression

263720 Stock   20,250  600.00  2.88%   
The Simple Regression forecasted value of DC Media Co on the next trading day is expected to be 19,767 with a mean absolute deviation of 730.72 and the sum of the absolute errors of 44,574. 263720 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast DC Media stock prices and determine the direction of DC Media Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of DC Media's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through DC Media 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.

DC Media Simple Regression Price Forecast For the 23rd of December

Given 90 days horizon, the Simple Regression forecasted value of DC Media Co on the next trading day is expected to be 19,767 with a mean absolute deviation of 730.72, mean absolute percentage error of 789,172, and the sum of the absolute errors of 44,574.
Please note that although there have been many attempts to predict 263720 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 DC Media's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

DC Media Stock Forecast Pattern

Backtest DC MediaDC Media Price PredictionBuy or Sell Advice 

DC Media Forecasted Value

In the context of forecasting DC Media'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. DC Media's downside and upside margins for the forecasting period are 19,764 and 19,770, respectively. We have considered DC Media'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.
Market Value
20,250
19,764
Downside
19,767
Expected Value
19,770
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 DC Media stock data series using in forecasting. Note that when a statistical model is used to represent DC Media 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 Criteria131.6892
BiasArithmetic mean of the errors None
MADMean absolute deviation730.7165
MAPEMean absolute percentage error0.0394
SAESum of the absolute errors44573.7049
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 DC Media Co 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 DC Media

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DC Media. 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
20,24720,25020,253
Details
Intrinsic
Valuation
LowRealHigh
19,51219,51522,275
Details
Bollinger
Band Projection (param)
LowMiddleHigh
17,62919,70921,789
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DC Media. Your research has to be compared to or analyzed against DC Media's peers to derive any actionable benefits. When done correctly, DC Media'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 DC Media.

Other Forecasting Options for DC Media

For every potential investor in 263720, whether a beginner or expert, DC Media's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 263720 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 263720. Basic forecasting techniques help filter out the noise by identifying DC Media's price trends.

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

DC Media 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 DC Media'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 DC Media's current price.

DC Media Market Strength Events

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

DC Media Risk Indicators

The analysis of DC Media'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 DC Media's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 263720 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.

Pair Trading with DC Media

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 DC Media 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 DC Media will appreciate offsetting losses from the drop in the long position's value.

Moving together with 263720 Stock

  1.0263720 DC Media CoLtdPairCorr

Moving against 263720 Stock

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  0.42293780 AptaBio TherapeuticsPairCorr
  0.41302430 InnometryPairCorr
  0.41053080 Wonbang TechPairCorr
  0.38147760 MicrofriendPairCorr
The ability to find closely correlated positions to DC Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DC Media 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 DC Media - 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 DC Media Co to buy it.
The correlation of DC Media 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 DC Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DC Media 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 DC Media 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in 263720 Stock

DC Media financial ratios help investors to determine whether 263720 Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 263720 with respect to the benefits of owning DC Media security.