MACOM Technology Stock Forecast - Polynomial Regression

1MA Stock  EUR 142.00  3.00  2.16%   
The Polynomial Regression forecasted value of MACOM Technology Solutions on the next trading day is expected to be 139.89 with a mean absolute deviation of 3.67 and the sum of the absolute errors of 227.71. MACOM Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of MACOM Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
MACOM Technology polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for MACOM Technology Solutions as well as the accuracy indicators are determined from the period prices.

MACOM Technology Polynomial Regression Price Forecast For the 23rd of January

Given 90 days horizon, the Polynomial Regression forecasted value of MACOM Technology Solutions on the next trading day is expected to be 139.89 with a mean absolute deviation of 3.67, mean absolute percentage error of 20.90, and the sum of the absolute errors of 227.71.
Please note that although there have been many attempts to predict MACOM 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 MACOM Technology's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

MACOM Technology Stock Forecast Pattern

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MACOM Technology Forecasted Value

In the context of forecasting MACOM Technology'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. MACOM Technology's downside and upside margins for the forecasting period are 136.91 and 142.86, respectively. We have considered MACOM Technology'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
142.00
136.91
Downside
139.89
Expected Value
142.86
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 MACOM Technology stock data series using in forecasting. Note that when a statistical model is used to represent MACOM Technology 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 Criteria122.9883
BiasArithmetic mean of the errors None
MADMean absolute deviation3.6728
MAPEMean absolute percentage error0.0303
SAESum of the absolute errors227.714
A single variable polynomial regression model attempts to put a curve through the MACOM Technology 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 MACOM Technology

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MACOM Technology Sol. 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
139.02142.00144.98
Details
Intrinsic
Valuation
LowRealHigh
127.80156.05159.03
Details

Other Forecasting Options for MACOM Technology

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

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

MACOM Technology Sol 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 MACOM Technology'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 MACOM Technology's current price.

MACOM Technology Market Strength Events

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

MACOM Technology Risk Indicators

The analysis of MACOM Technology'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 MACOM Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting macom 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.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in MACOM Stock

When determining whether MACOM Technology Sol offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MACOM Technology's 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 Macom Technology Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Macom Technology Solutions Stock:
Check out Historical Fundamental Analysis of MACOM Technology to cross-verify your projections.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Please note, there is a significant difference between MACOM Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if MACOM Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MACOM Technology's 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.