Amulaire Thermal Stock Forecast - Polynomial Regression

2241 Stock  TWD 32.10  0.95  3.05%   
The Polynomial Regression forecasted value of Amulaire Thermal Technology on the next trading day is expected to be 29.56 with a mean absolute deviation of 1.15 and the sum of the absolute errors of 70.27. Amulaire Stock Forecast is based on your current time horizon.
  
Amulaire Thermal polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Amulaire Thermal Technology as well as the accuracy indicators are determined from the period prices.

Amulaire Thermal Polynomial Regression Price Forecast For the 27th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Amulaire Thermal Technology on the next trading day is expected to be 29.56 with a mean absolute deviation of 1.15, mean absolute percentage error of 2.13, and the sum of the absolute errors of 70.27.
Please note that although there have been many attempts to predict Amulaire 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 Amulaire Thermal's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Amulaire Thermal Stock Forecast Pattern

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Amulaire Thermal Forecasted Value

In the context of forecasting Amulaire Thermal'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. Amulaire Thermal's downside and upside margins for the forecasting period are 26.24 and 32.88, respectively. We have considered Amulaire Thermal'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
32.10
29.56
Expected Value
32.88
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 Amulaire Thermal stock data series using in forecasting. Note that when a statistical model is used to represent Amulaire Thermal 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 Criteria118.8686
BiasArithmetic mean of the errors None
MADMean absolute deviation1.152
MAPEMean absolute percentage error0.0351
SAESum of the absolute errors70.2728
A single variable polynomial regression model attempts to put a curve through the Amulaire Thermal 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 Amulaire Thermal

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Amulaire Thermal Tec. 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
28.7832.1035.42
Details
Intrinsic
Valuation
LowRealHigh
24.2527.5735.31
Details

Other Forecasting Options for Amulaire Thermal

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

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

Amulaire Thermal Tec 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 Amulaire Thermal'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 Amulaire Thermal's current price.

Amulaire Thermal Market Strength Events

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

Amulaire Thermal Risk Indicators

The analysis of Amulaire Thermal'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 Amulaire Thermal's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amulaire 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Amulaire Stock Analysis

When running Amulaire Thermal's price analysis, check to measure Amulaire Thermal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amulaire Thermal is operating at the current time. Most of Amulaire Thermal's value examination focuses on studying past and present price action to predict the probability of Amulaire Thermal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amulaire Thermal's price. Additionally, you may evaluate how the addition of Amulaire Thermal to your portfolios can decrease your overall portfolio volatility.