ESH Acquisition Stock Forecast - Polynomial Regression
ESHA Stock | 10.80 0.11 1.03% |
The Polynomial Regression forecasted value of ESH Acquisition Corp on the next trading day is expected to be 10.80 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.13. ESH Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ESH Acquisition stock prices and determine the direction of ESH Acquisition Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of ESH Acquisition's historical fundamentals, such as revenue growth or operating cash flow patterns.
ESH |
ESH Acquisition Polynomial Regression Price Forecast For the 15th of December 2024
Given 90 days horizon, the Polynomial Regression forecasted value of ESH Acquisition Corp on the next trading day is expected to be 10.80 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0006, and the sum of the absolute errors of 1.13.Please note that although there have been many attempts to predict ESH 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 ESH Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
ESH Acquisition Stock Forecast Pattern
Backtest ESH Acquisition | ESH Acquisition Price Prediction | Buy or Sell Advice |
ESH Acquisition Forecasted Value
In the context of forecasting ESH Acquisition'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. ESH Acquisition's downside and upside margins for the forecasting period are 10.58 and 11.02, respectively. We have considered ESH Acquisition'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.
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 ESH Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent ESH Acquisition 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.AIC | Akaike Information Criteria | 110.7394 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0185 |
MAPE | Mean absolute percentage error | 0.0017 |
SAE | Sum of the absolute errors | 1.1264 |
Predictive Modules for ESH Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ESH Acquisition Corp. 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.Other Forecasting Options for ESH Acquisition
For every potential investor in ESH, whether a beginner or expert, ESH Acquisition's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ESH Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ESH. Basic forecasting techniques help filter out the noise by identifying ESH Acquisition's price trends.ESH Acquisition 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 ESH Acquisition stock to make a market-neutral strategy. Peer analysis of ESH Acquisition could also be used in its relative valuation, which is a method of valuing ESH Acquisition by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
ESH Acquisition Corp 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 ESH Acquisition'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 ESH Acquisition's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
ESH Acquisition Market Strength Events
Market strength indicators help investors to evaluate how ESH Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ESH Acquisition shares will generate the highest return on investment. By undertsting and applying ESH Acquisition stock market strength indicators, traders can identify ESH Acquisition Corp entry and exit signals to maximize returns.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 10.8 | |||
Day Typical Price | 10.8 | |||
Price Action Indicator | 0.055 | |||
Period Momentum Indicator | 0.11 |
ESH Acquisition Risk Indicators
The analysis of ESH Acquisition'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 ESH Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting esh 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.
Mean Deviation | 0.1237 | |||
Standard Deviation | 0.2214 | |||
Variance | 0.049 | |||
Downside Variance | 0.0657 | |||
Semi Variance | (0.02) | |||
Expected Short fall | (0.25) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ESH Acquisition Corp is a strong investment it is important to analyze ESH Acquisition'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 ESH Acquisition's future performance. For an informed investment choice regarding ESH Stock, refer to the following important reports:Check out Historical Fundamental Analysis of ESH Acquisition to cross-verify your projections. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESH Acquisition. If investors know ESH will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESH Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 20.897 | Earnings Share 0.3 | Return On Assets (0) | Return On Equity 1.8532 |
The market value of ESH Acquisition Corp is measured differently than its book value, which is the value of ESH that is recorded on the company's balance sheet. Investors also form their own opinion of ESH Acquisition's value that differs from its market value or its book value, called intrinsic value, which is ESH Acquisition'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 ESH Acquisition's market value can be influenced by many factors that don't directly affect ESH Acquisition'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 ESH Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESH Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESH Acquisition'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.