Systex Corp Stock Forecast - Polynomial Regression

6214 Stock  TWD 129.50  2.00  1.57%   
The Polynomial Regression forecasted value of Systex Corp on the next trading day is expected to be 118.59 with a mean absolute deviation of 5.32 and the sum of the absolute errors of 324.80. Systex Stock Forecast is based on your current time horizon.
  
Systex Corp polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Systex Corp as well as the accuracy indicators are determined from the period prices.

Systex Corp Polynomial Regression Price Forecast For the 4th of February

Given 90 days horizon, the Polynomial Regression forecasted value of Systex Corp on the next trading day is expected to be 118.59 with a mean absolute deviation of 5.32, mean absolute percentage error of 52.93, and the sum of the absolute errors of 324.80.
Please note that although there have been many attempts to predict Systex 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 Systex Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Systex Corp Stock Forecast Pattern

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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 Systex Corp stock data series using in forecasting. Note that when a statistical model is used to represent Systex Corp 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 Criteria122.0796
BiasArithmetic mean of the errors None
MADMean absolute deviation5.3247
MAPEMean absolute percentage error0.0379
SAESum of the absolute errors324.8045
A single variable polynomial regression model attempts to put a curve through the Systex Corp 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 Systex Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Systex Corp. 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
126.67129.50132.33
Details
Intrinsic
Valuation
LowRealHigh
112.46115.29142.45
Details
Bollinger
Band Projection (param)
LowMiddleHigh
119.71137.70155.69
Details

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

Systex Corp Market Strength Events

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

Systex Corp Risk Indicators

The analysis of Systex Corp'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 Systex Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting systex 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 Systex Stock Analysis

When running Systex Corp's price analysis, check to measure Systex Corp'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 Systex Corp is operating at the current time. Most of Systex Corp's value examination focuses on studying past and present price action to predict the probability of Systex Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Systex Corp's price. Additionally, you may evaluate how the addition of Systex Corp to your portfolios can decrease your overall portfolio volatility.