Nusantara Voucher Stock Forecast - Polynomial Regression

DIVA Stock   150.00  3.00  1.96%   
The Polynomial Regression forecasted value of Nusantara Voucher Distribution on the next trading day is expected to be 175.71 with a mean absolute deviation of 6.63 and the sum of the absolute errors of 404.29. Nusantara Stock Forecast is based on your current time horizon.
  
Nusantara Voucher polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Nusantara Voucher Distribution as well as the accuracy indicators are determined from the period prices.

Nusantara Voucher Polynomial Regression Price Forecast For the 13th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Nusantara Voucher Distribution on the next trading day is expected to be 175.71 with a mean absolute deviation of 6.63, mean absolute percentage error of 114.05, and the sum of the absolute errors of 404.29.
Please note that although there have been many attempts to predict Nusantara 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 Nusantara Voucher's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Nusantara Voucher Stock Forecast Pattern

Backtest Nusantara VoucherNusantara Voucher Price PredictionBuy or Sell Advice 

Nusantara Voucher Forecasted Value

In the context of forecasting Nusantara Voucher'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. Nusantara Voucher's downside and upside margins for the forecasting period are 168.42 and 183.00, respectively. We have considered Nusantara Voucher'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
150.00
168.42
Downside
175.71
Expected Value
183.00
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 Nusantara Voucher stock data series using in forecasting. Note that when a statistical model is used to represent Nusantara Voucher 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 Criteria122.8471
BiasArithmetic mean of the errors None
MADMean absolute deviation6.6278
MAPEMean absolute percentage error0.0454
SAESum of the absolute errors404.2938
A single variable polynomial regression model attempts to put a curve through the Nusantara Voucher 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 Nusantara Voucher

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nusantara Voucher. 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
144.71152.00159.29
Details
Intrinsic
Valuation
LowRealHigh
122.70129.99167.20
Details
Bollinger
Band Projection (param)
LowMiddleHigh
97.07137.74178.40
Details

Other Forecasting Options for Nusantara Voucher

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

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

Nusantara Voucher 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 Nusantara Voucher'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 Nusantara Voucher's current price.

Nusantara Voucher Market Strength Events

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

Nusantara Voucher Risk Indicators

The analysis of Nusantara Voucher'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 Nusantara Voucher's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nusantara 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.

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Other Information on Investing in Nusantara Stock

Nusantara Voucher financial ratios help investors to determine whether Nusantara 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 Nusantara with respect to the benefits of owning Nusantara Voucher security.