FOUR NERS Stock Forecast - Polynomial Regression

4Z1 Stock  EUR 27.00  0.20  0.75%   
The Polynomial Regression forecasted value of FOUR NERS PROPERTY on the next trading day is expected to be 27.32 with a mean absolute deviation of 0.40 and the sum of the absolute errors of 24.23. FOUR Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of FOUR NERS's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
FOUR NERS polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for FOUR NERS PROPERTY as well as the accuracy indicators are determined from the period prices.

FOUR NERS Polynomial Regression Price Forecast For the 13th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of FOUR NERS PROPERTY on the next trading day is expected to be 27.32 with a mean absolute deviation of 0.40, mean absolute percentage error of 0.26, and the sum of the absolute errors of 24.23.
Please note that although there have been many attempts to predict FOUR 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 FOUR NERS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

FOUR NERS Stock Forecast Pattern

Backtest FOUR NERSFOUR NERS Price PredictionBuy or Sell Advice 

FOUR NERS Forecasted Value

In the context of forecasting FOUR NERS'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. FOUR NERS's downside and upside margins for the forecasting period are 25.98 and 28.65, respectively. We have considered FOUR NERS'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
27.00
27.32
Expected Value
28.65
Upside

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 FOUR NERS stock data series using in forecasting. Note that when a statistical model is used to represent FOUR NERS 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 Criteria116.7505
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3972
MAPEMean absolute percentage error0.0151
SAESum of the absolute errors24.2293
A single variable polynomial regression model attempts to put a curve through the FOUR NERS 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 + ... + am*Xm

Predictive Modules for FOUR NERS

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FOUR NERS PROPERTY. 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
25.6627.0028.34
Details
Intrinsic
Valuation
LowRealHigh
21.0522.3929.70
Details
Bollinger
Band Projection (param)
LowMiddleHigh
26.5026.9627.42
Details

Other Forecasting Options for FOUR NERS

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

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

FOUR NERS PROPERTY 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 FOUR NERS'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 FOUR NERS's current price.

FOUR NERS Market Strength Events

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

FOUR NERS Risk Indicators

The analysis of FOUR NERS'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 FOUR NERS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting four 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.

Currently Active Assets on Macroaxis

Other Information on Investing in FOUR Stock

FOUR NERS financial ratios help investors to determine whether FOUR 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 FOUR with respect to the benefits of owning FOUR NERS security.