Methode Electronics Stock Forecast - Simple Regression

Simple Regression model is a single variable regression model that attempts to put a straight line through Methode Electronics 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.

Methode Electronics Simple Regression Price Forecast For the 1st of December

Given 90 days horizon, the Simple Regression forecasted value of Methode Electronics on the next trading day is expected to be 9.10 with a mean absolute deviation of 0.57, mean absolute percentage error of 0.45, and the sum of the absolute errors of 35.07.

Methode Electronics Stock Forecast Pattern

Backtest Methode Electronics

Methode Electronics Price Prediction

Buy or Sell Advice

Methode Electronics Forecasted Value

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 Methode Electronics stock data series using in forecasting. Note that when a statistical model is used to represent Methode Electronics 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. 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 Methode Electronics 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 Methode Electronics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Methode Electronics. 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 Low Estimated High 6.37 10.00 13.63 Details

Intrinsic Valuation Low Real High 4.45 8.08 11.72 Details

Bollinger Band Projection (param) Low Middle High 7.84 9.30 10.76 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Methode Electronics. Your research has to be compared to or analyzed against Methode Electronics' peers to derive any actionable benefits. When done correctly, Methode Electronics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Methode Electronics.

Other Forecasting Options for Methode Electronics

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

Methode Electronics Related Equities

Risk & Return

Correlation

Methode Electronics 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 Methode Electronics' 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 Methode Electronics' current price.

Methode Electronics Market Strength Events

Methode Electronics Risk Indicators

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Methode Stock

When determining whether Methode Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methode Electronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methode Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methode Electronics Stock:

How To Invest In Methode Details

Is Methode Stock a good investment? Details

What is Methode Electronics' Net Worth? Details

Largest Electronic Equipment, Instruments & Components Companies View

Largest Technology Hardware & Equipment Companies View

Altman Z Score Details

Intrinsic Valuation Details

Financial Analysis Details

Buy or Sell Advice Details

Technical Analysis Details

Please note, there is a significant difference between Methode Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Methode Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methode Electronics' 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.