Forward Water Stock Forecast - Polynomial Regression
FWTC Stock | 0.08 0.01 14.29% |
The Polynomial Regression forecasted value of Forward Water Technologies on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.46. Forward Stock Forecast is based on your current time horizon.
Forward |
Forward Water Polynomial Regression Price Forecast For the 21st of December
Given 90 days horizon, the Polynomial Regression forecasted value of Forward Water Technologies on the next trading day is expected to be 0.08 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000086, and the sum of the absolute errors of 0.46.Please note that although there have been many attempts to predict Forward 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 Forward Water's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Forward Water Stock Forecast Pattern
Backtest Forward Water | Forward Water Price Prediction | Buy or Sell Advice |
Forward Water Forecasted Value
In the context of forecasting Forward Water'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. Forward Water's downside and upside margins for the forecasting period are 0.0008 and 9.63, respectively. We have considered Forward Water'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 Forward Water stock data series using in forecasting. Note that when a statistical model is used to represent Forward Water 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 | 108.7504 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0076 |
MAPE | Mean absolute percentage error | 0.0866 |
SAE | Sum of the absolute errors | 0.4635 |
Predictive Modules for Forward Water
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Forward Water Techno. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Forward Water'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.
Other Forecasting Options for Forward Water
For every potential investor in Forward, whether a beginner or expert, Forward Water's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Forward Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Forward. Basic forecasting techniques help filter out the noise by identifying Forward Water's price trends.Forward Water 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 Forward Water stock to make a market-neutral strategy. Peer analysis of Forward Water could also be used in its relative valuation, which is a method of valuing Forward Water by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Forward Water Techno 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 Forward Water'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 Forward Water's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Forward Water Market Strength Events
Market strength indicators help investors to evaluate how Forward Water stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forward Water shares will generate the highest return on investment. By undertsting and applying Forward Water stock market strength indicators, traders can identify Forward Water Technologies entry and exit signals to maximize returns.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.14 | |||
Day Median Price | 0.08 | |||
Day Typical Price | 0.08 | |||
Price Action Indicator | 0.005 | |||
Period Momentum Indicator | 0.01 | |||
Relative Strength Index | 45.62 |
Forward Water Risk Indicators
The analysis of Forward Water'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 Forward Water's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting forward 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 | 4.85 | |||
Semi Deviation | 6.21 | |||
Standard Deviation | 9.55 | |||
Variance | 91.21 | |||
Downside Variance | 157.5 | |||
Semi Variance | 38.56 | |||
Expected Short fall | (15.58) |
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
Additional Tools for Forward Stock Analysis
When running Forward Water's price analysis, check to measure Forward Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forward Water is operating at the current time. Most of Forward Water's value examination focuses on studying past and present price action to predict the probability of Forward Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forward Water's price. Additionally, you may evaluate how the addition of Forward Water to your portfolios can decrease your overall portfolio volatility.