BusinessOn Communication Stock Forecast - Polynomial Regression

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

BusinessOn Communication Polynomial Regression Price Forecast For the 3rd of December

Given 90 days horizon, the Polynomial Regression forecasted value of BusinessOn Communication Co on the next trading day is expected to be 16,231 with a mean absolute deviation of 197.33, mean absolute percentage error of 87,418, and the sum of the absolute errors of 12,037.

BusinessOn Communication Stock Forecast Pattern

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BusinessOn Communication Price Prediction

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

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BusinessOn Communication. 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 15,850 15,850 15,850 Details

Intrinsic Valuation Low Real High 14,265 17,824 17,824 Details

Bollinger Band Projection (param) Low Middle High 15,820 15,856 15,891 Details

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

BusinessOn Communication Related Equities

Risk & Return

Correlation

BusinessOn Communication Market Strength Events

BusinessOn Communication Risk Indicators

Pair Trading with BusinessOn Communication

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 BusinessOn Communication 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 BusinessOn Communication will appreciate offsetting losses from the drop in the long position's value.

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