Afcon Holdings Stock Forward View - Simple Regression

Afcon Holdings Additional Predictive Modules

Most predictive techniques to examine Afcon price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Afcon using various technical indicators. When you analyze Afcon charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Simple Regression model is a single variable regression model that attempts to put a straight line through Afcon Holdings price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Afcon Holdings Simple Regression Price Forecast For the 27th of February

Given 90 days horizon, the Simple Regression forecasted value of Afcon Holdings on the next trading day is expected to be 33,914 with a mean absolute deviation of 1,365, mean absolute percentage error of 2,461,773, and the sum of the absolute errors of 84,638.

Afcon Holdings Stock Forecast Pattern

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Afcon Holdings Price Prediction

Research Analysis

Afcon Holdings Forecasted Value

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 Afcon Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Afcon Holdings 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. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Afcon Holdings historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Afcon Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Afcon Holdings. 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 34,248 34,250 34,252 Details

Intrinsic Valuation Low Real High 30,825 39,262 39,264 Details

Bollinger Band Projection (param) Low Middle High -4,440 32,932 34,800 Details

Afcon Holdings After-Hype Price Density Analysis

Afcon Holdings Estimiated After-Hype Price Volatility

Afcon Holdings Stock Price Outlook Analysis

Notes

Afcon Holdings Hype Timeline

Afcon Holdings is presently traded for 34,250on Tel Aviv Stock Exchange of Israel. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Afcon is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 0.28%. %. The volatility of related hype on Afcon Holdings is about 0.0%, with the expected price after the next announcement by competition of 34,250. About 66.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.68. Some equities with similar Price to Book (P/B) outperform the market in the long run. Afcon Holdings last dividend was issued on the 15th of May 2022. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Afcon Holdings to cross-verify your projections.

Afcon Holdings Related Hype Analysis

Other Forecasting Options for Afcon Holdings

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

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