Soulbrain Holdings Stock Forecast - Polynomial Regression

Soulbrain Holdings polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Soulbrain Holdings Co as well as the accuracy indicators are determined from the period prices.

Soulbrain Holdings Polynomial Regression Price Forecast For the 28th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Soulbrain Holdings Co on the next trading day is expected to be 33,943 with a mean absolute deviation of 2,745, mean absolute percentage error of 10,527,462, and the sum of the absolute errors of 167,448.

Soulbrain Holdings Stock Forecast Pattern

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Soulbrain Holdings Price Prediction

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Soulbrain Holdings Forecasted Value

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 Soulbrain Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Soulbrain Holdings 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. A single variable polynomial regression model attempts to put a curve through the Soulbrain Holdings 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 + ... + a_m*X^m

Predictive Modules for Soulbrain Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Soulbrain Holdings. 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 39,497 39,500 39,503 Details

Intrinsic Valuation Low Real High 36,705 36,708 43,450 Details

Bollinger Band Projection (param) Low Middle High 32,734 43,269 53,804 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Soulbrain Holdings. Your research has to be compared to or analyzed against Soulbrain Holdings' peers to derive any actionable benefits. When done correctly, Soulbrain Holdings' 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 Soulbrain Holdings.

Other Forecasting Options for Soulbrain Holdings

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

Soulbrain Holdings Related Equities

Risk & Return

Correlation

Soulbrain Holdings 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 Soulbrain Holdings' 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 Soulbrain Holdings' current price.

Soulbrain Holdings Market Strength Events

Soulbrain Holdings Risk Indicators

Pair Trading with Soulbrain Holdings

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 Soulbrain Holdings 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 Soulbrain Holdings will appreciate offsetting losses from the drop in the long position's value.

Other Information on Investing in Soulbrain Stock