Gan Shmuel Stock Forecast - Polynomial Regression

GSFI Stock  ILS 3,799  120.00  3.06%   
The Polynomial Regression forecasted value of Gan Shmuel on the next trading day is expected to be 3,975 with a mean absolute deviation of 89.00 and the sum of the absolute errors of 5,429. Gan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Gan Shmuel stock prices and determine the direction of Gan Shmuel's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Gan Shmuel's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Gan Shmuel polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Gan Shmuel as well as the accuracy indicators are determined from the period prices.

Gan Shmuel Polynomial Regression Price Forecast For the 14th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Gan Shmuel on the next trading day is expected to be 3,975 with a mean absolute deviation of 89.00, mean absolute percentage error of 12,265, and the sum of the absolute errors of 5,429.
Please note that although there have been many attempts to predict Gan 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 Gan Shmuel's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Gan Shmuel Stock Forecast Pattern

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Gan Shmuel Forecasted Value

In the context of forecasting Gan Shmuel'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. Gan Shmuel's downside and upside margins for the forecasting period are 3,973 and 3,977, respectively. We have considered Gan Shmuel'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
3,799
3,975
Expected Value
3,977
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 Gan Shmuel stock data series using in forecasting. Note that when a statistical model is used to represent Gan Shmuel 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 Criteria127.525
BiasArithmetic mean of the errors None
MADMean absolute deviation88.9975
MAPEMean absolute percentage error0.0254
SAESum of the absolute errors5428.8475
A single variable polynomial regression model attempts to put a curve through the Gan Shmuel 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 Gan Shmuel

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gan Shmuel. 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
3,7973,7993,801
Details
Intrinsic
Valuation
LowRealHigh
3,0773,0794,179
Details

Other Forecasting Options for Gan Shmuel

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

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

Gan Shmuel 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 Gan Shmuel'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 Gan Shmuel's current price.

Gan Shmuel Market Strength Events

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

Gan Shmuel Risk Indicators

The analysis of Gan Shmuel'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 Gan Shmuel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gan 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.

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.

Other Information on Investing in Gan Stock

Gan Shmuel financial ratios help investors to determine whether Gan 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 Gan with respect to the benefits of owning Gan Shmuel security.