Mohr Company Etf Forecast - Polynomial Regression

CNAV Etf   28.25  0.14  0.49%   
The Polynomial Regression forecasted value of Mohr Company Nav on the next trading day is expected to be 28.88 with a mean absolute deviation of 0.39 and the sum of the absolute errors of 17.64. Mohr Etf Forecast is based on your current time horizon.
  
Mohr Company polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Mohr Company Nav as well as the accuracy indicators are determined from the period prices.

Mohr Company Polynomial Regression Price Forecast For the 4th of December

Given 90 days horizon, the Polynomial Regression forecasted value of Mohr Company Nav on the next trading day is expected to be 28.88 with a mean absolute deviation of 0.39, mean absolute percentage error of 0.24, and the sum of the absolute errors of 17.64.
Please note that although there have been many attempts to predict Mohr Etf 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 Mohr Company's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Mohr Company Etf Forecast Pattern

Backtest Mohr CompanyMohr Company Price PredictionBuy or Sell Advice 

Mohr Company Forecasted Value

In the context of forecasting Mohr Company's Etf 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. Mohr Company's downside and upside margins for the forecasting period are 27.86 and 29.90, respectively. We have considered Mohr Company'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
28.25
28.88
Expected Value
29.90
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 Mohr Company etf data series using in forecasting. Note that when a statistical model is used to represent Mohr Company etf, 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 Criteria87.2597
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3921
MAPEMean absolute percentage error0.015
SAESum of the absolute errors17.6428
A single variable polynomial regression model attempts to put a curve through the Mohr Company 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 Mohr Company

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Mohr Company. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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
27.2328.2529.27
Details
Intrinsic
Valuation
LowRealHigh
25.4330.3331.35
Details
Bollinger
Band Projection (param)
LowMiddleHigh
25.7927.1228.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mohr Company. Your research has to be compared to or analyzed against Mohr Company's peers to derive any actionable benefits. When done correctly, Mohr Company'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 Mohr Company.

Other Forecasting Options for Mohr Company

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

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

Mohr Company Technical and Predictive Analytics

The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Mohr Company'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 Mohr Company's current price.

Mohr Company Market Strength Events

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

Mohr Company Risk Indicators

The analysis of Mohr Company'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 Mohr Company's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mohr etf 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.
Explore Investing Ideas  
When determining whether Mohr Company is a strong investment it is important to analyze Mohr Company's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mohr Company's future performance. For an informed investment choice regarding Mohr Etf, refer to the following important reports:
Check out Historical Fundamental Analysis of Mohr Company to cross-verify your projections.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Mohr Company is measured differently than its book value, which is the value of Mohr that is recorded on the company's balance sheet. Investors also form their own opinion of Mohr Company's value that differs from its market value or its book value, called intrinsic value, which is Mohr Company's 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 Mohr Company's market value can be influenced by many factors that don't directly affect Mohr Company's 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 Mohr Company's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mohr Company is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mohr Company's 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.