Strats SM Stock Forecast - Simple Regression

GJO Stock  USD 25.00  0.05  0.20%   
The Simple Regression forecasted value of Strats SM Trust on the next trading day is expected to be 24.94 with a mean absolute deviation of 0.11 and the sum of the absolute errors of 6.51. Strats Stock Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Strats SM price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Strats SM Simple Regression Price Forecast For the 17th of December 2024

Given 90 days horizon, the Simple Regression forecasted value of Strats SM Trust on the next trading day is expected to be 24.94 with a mean absolute deviation of 0.11, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.51.
Please note that although there have been many attempts to predict Strats 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 Strats SM's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Strats SM Stock Forecast Pattern

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Strats SM Forecasted Value

In the context of forecasting Strats SM'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. Strats SM's downside and upside margins for the forecasting period are 24.36 and 25.51, respectively. We have considered Strats SM'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
25.00
24.94
Expected Value
25.51
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Strats SM stock data series using in forecasting. Note that when a statistical model is used to represent Strats SM 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 Criteria114.013
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1067
MAPEMean absolute percentage error0.0043
SAESum of the absolute errors6.5112
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Strats SM Trust historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Strats SM

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Strats SM Trust. 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
24.4325.0025.57
Details
Intrinsic
Valuation
LowRealHigh
20.3920.9627.50
Details

Other Forecasting Options for Strats SM

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

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

Strats SM Trust 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 Strats SM'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 Strats SM's current price.

Strats SM Market Strength Events

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

Strats SM Risk Indicators

The analysis of Strats SM'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 Strats SM's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting strats 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.

Pair Trading with Strats SM

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Strats SM position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Strats SM will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Strats SM could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strats SM when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Strats SM - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Strats SM Trust to buy it.
The correlation of Strats SM is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Strats SM moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strats SM Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Strats SM can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Strats SM Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Strats Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Strats Sm Trust Stock. Highlighted below are key reports to facilitate an investment decision about Strats Sm Trust Stock:
Check out Historical Fundamental Analysis of Strats SM to cross-verify your projections.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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 Strats SM. If investors know Strats 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 Strats SM listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Strats SM Trust is measured differently than its book value, which is the value of Strats that is recorded on the company's balance sheet. Investors also form their own opinion of Strats SM's value that differs from its market value or its book value, called intrinsic value, which is Strats SM'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 Strats SM's market value can be influenced by many factors that don't directly affect Strats SM'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 Strats SM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strats SM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strats SM'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.