Sodas Sodyum Stock Forecast - Polynomial Regression

SODSN Stock  TRY 109.50  1.90  1.71%   
The Polynomial Regression forecasted value of Sodas Sodyum Sanayi on the next trading day is expected to be 100.03 with a mean absolute deviation of 3.02 and the sum of the absolute errors of 184.38. Sodas Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sodas Sodyum's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Sodas Sodyum polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Sodas Sodyum Sanayi as well as the accuracy indicators are determined from the period prices.

Sodas Sodyum Polynomial Regression Price Forecast For the 12th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Sodas Sodyum Sanayi on the next trading day is expected to be 100.03 with a mean absolute deviation of 3.02, mean absolute percentage error of 15.46, and the sum of the absolute errors of 184.38.
Please note that although there have been many attempts to predict Sodas 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 Sodas Sodyum's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Sodas Sodyum Stock Forecast Pattern

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Sodas Sodyum Forecasted Value

In the context of forecasting Sodas Sodyum'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. Sodas Sodyum's downside and upside margins for the forecasting period are 97.10 and 102.95, respectively. We have considered Sodas Sodyum'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
109.50
100.03
Expected Value
102.95
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 Sodas Sodyum stock data series using in forecasting. Note that when a statistical model is used to represent Sodas Sodyum 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 Criteria120.8488
BiasArithmetic mean of the errors None
MADMean absolute deviation3.0226
MAPEMean absolute percentage error0.027
SAESum of the absolute errors184.3797
A single variable polynomial regression model attempts to put a curve through the Sodas Sodyum 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 Sodas Sodyum

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sodas Sodyum Sanayi. 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
108.48111.40114.32
Details
Intrinsic
Valuation
LowRealHigh
92.5195.43122.54
Details
Bollinger
Band Projection (param)
LowMiddleHigh
103.08108.07113.06
Details

Other Forecasting Options for Sodas Sodyum

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

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

Sodas Sodyum Sanayi 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 Sodas Sodyum'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 Sodas Sodyum's current price.

Sodas Sodyum Market Strength Events

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

Sodas Sodyum Risk Indicators

The analysis of Sodas Sodyum'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 Sodas Sodyum's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sodas 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Sodas Stock

Sodas Sodyum financial ratios help investors to determine whether Sodas 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 Sodas with respect to the benefits of owning Sodas Sodyum security.