Expat Croatia Etf Forecast - Polynomial Regression

ECDC Etf  EUR 0.99  0.02  1.98%   
The Polynomial Regression forecasted value of Expat Croatia Crobex on the next trading day is expected to be 0.99 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.58. Expat Etf Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Expat Croatia's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Expat Croatia polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Expat Croatia Crobex as well as the accuracy indicators are determined from the period prices.

Expat Croatia Polynomial Regression Price Forecast For the 5th of December

Given 90 days horizon, the Polynomial Regression forecasted value of Expat Croatia Crobex on the next trading day is expected to be 0.99 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.58.
Please note that although there have been many attempts to predict Expat 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 Expat Croatia's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Expat Croatia Etf Forecast Pattern

Expat Croatia Forecasted Value

In the context of forecasting Expat Croatia'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. Expat Croatia's downside and upside margins for the forecasting period are 0.01 and 2.57, respectively. We have considered Expat Croatia'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
0.99
0.99
Expected Value
2.57
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 Expat Croatia etf data series using in forecasting. Note that when a statistical model is used to represent Expat Croatia 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 Criteria109.2821
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0095
MAPEMean absolute percentage error0.0098
SAESum of the absolute errors0.5814
A single variable polynomial regression model attempts to put a curve through the Expat Croatia 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 Expat Croatia

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Expat Croatia Crobex. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Expat Croatia's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.050.992.57
Details
Intrinsic
Valuation
LowRealHigh
0.050.992.57
Details

Other Forecasting Options for Expat Croatia

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

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

Expat Croatia Crobex 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 Expat Croatia'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 Expat Croatia's current price.

Expat Croatia Market Strength Events

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

Expat Croatia Risk Indicators

The analysis of Expat Croatia'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 Expat Croatia's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting expat 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Expat Etf

Expat Croatia financial ratios help investors to determine whether Expat Etf 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 Expat with respect to the benefits of owning Expat Croatia security.