Khiron Life Stock Forecast - Simple Regression
4KH Stock | 0.02 0.00 0.00% |
The Simple Regression forecasted value of Khiron Life Sciences on the next trading day is expected to be 0.02 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. Khiron Stock Forecast is based on your current time horizon.
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Khiron Life Simple Regression Price Forecast For the 27th of November
Given 90 days horizon, the Simple Regression forecasted value of Khiron Life Sciences on the next trading day is expected to be 0.02 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict Khiron 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 Khiron Life's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Khiron Life Stock Forecast Pattern
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Khiron Life Forecasted Value
In the context of forecasting Khiron Life'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. Khiron Life's downside and upside margins for the forecasting period are 0.02 and 0.02, respectively. We have considered Khiron Life'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Khiron Life stock data series using in forecasting. Note that when a statistical model is used to represent Khiron Life 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.AIC | Akaike Information Criteria | 40.5737 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0 |
MAPE | Mean absolute percentage error | 0.0 |
SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for Khiron Life
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Khiron Life Sciences. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Khiron Life's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for Khiron Life
For every potential investor in Khiron, whether a beginner or expert, Khiron Life's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Khiron Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Khiron. Basic forecasting techniques help filter out the noise by identifying Khiron Life's price trends.Khiron Life 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 Khiron Life stock to make a market-neutral strategy. Peer analysis of Khiron Life could also be used in its relative valuation, which is a method of valuing Khiron Life by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Khiron Life Sciences 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 Khiron Life'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 Khiron Life's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Khiron Life Market Strength Events
Market strength indicators help investors to evaluate how Khiron Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Khiron Life shares will generate the highest return on investment. By undertsting and applying Khiron Life stock market strength indicators, traders can identify Khiron Life Sciences entry and exit signals to maximize returns.
Rate Of Daily Change | 1.0 | |||
Day Median Price | 0.0216 | |||
Day Typical Price | 0.0216 |
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Additional Tools for Khiron Stock Analysis
When running Khiron Life's price analysis, check to measure Khiron Life'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 Khiron Life is operating at the current time. Most of Khiron Life's value examination focuses on studying past and present price action to predict the probability of Khiron Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Khiron Life's price. Additionally, you may evaluate how the addition of Khiron Life to your portfolios can decrease your overall portfolio volatility.