CEO Event Stock Forecast - Polynomial Regression

CEOEM Stock   28.98  1.04  3.46%   
The Polynomial Regression forecasted value of CEO Event Medya on the next trading day is expected to be 25.65 with a mean absolute deviation of 4.21 and the sum of the absolute errors of 260.73. CEO Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of CEO Event's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
CEO Event polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for CEO Event Medya as well as the accuracy indicators are determined from the period prices.

CEO Event Polynomial Regression Price Forecast For the 14th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of CEO Event Medya on the next trading day is expected to be 25.65 with a mean absolute deviation of 4.21, mean absolute percentage error of 26.28, and the sum of the absolute errors of 260.73.
Please note that although there have been many attempts to predict CEO 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 CEO Event's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CEO Event Stock Forecast Pattern

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CEO Event Forecasted Value

In the context of forecasting CEO Event'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. CEO Event's downside and upside margins for the forecasting period are 20.75 and 30.55, respectively. We have considered CEO Event'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
28.98
25.65
Expected Value
30.55
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 CEO Event stock data series using in forecasting. Note that when a statistical model is used to represent CEO Event 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 Criteria123.2173
BiasArithmetic mean of the errors None
MADMean absolute deviation4.2053
MAPEMean absolute percentage error0.0975
SAESum of the absolute errors260.7256
A single variable polynomial regression model attempts to put a curve through the CEO Event 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 CEO Event

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CEO Event Medya. 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
24.0828.9833.88
Details
Intrinsic
Valuation
LowRealHigh
22.9227.8232.72
Details

Other Forecasting Options for CEO Event

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

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

CEO Event Medya 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 CEO Event'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 CEO Event's current price.

CEO Event Market Strength Events

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

CEO Event Risk Indicators

The analysis of CEO Event'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 CEO Event's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ceo 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in CEO Stock

CEO Event financial ratios help investors to determine whether CEO 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 CEO with respect to the benefits of owning CEO Event security.