Anand Rathi Stock Forecast - Simple Regression

ANANDRATHI   4,445  137.75  3.20%   
The Simple Regression forecasted value of Anand Rathi Wealth on the next trading day is expected to be 4,197 with a mean absolute deviation of 86.29 and the sum of the absolute errors of 5,350. Anand Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Anand Rathi stock prices and determine the direction of Anand Rathi Wealth's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Anand Rathi's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Anand Rathi's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 1.7 B, whereas Cash is forecasted to decline to about 289.4 M.
Simple Regression model is a single variable regression model that attempts to put a straight line through Anand Rathi 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.

Anand Rathi Simple Regression Price Forecast For the 12th of December 2024

Given 90 days horizon, the Simple Regression forecasted value of Anand Rathi Wealth on the next trading day is expected to be 4,197 with a mean absolute deviation of 86.29, mean absolute percentage error of 12,589, and the sum of the absolute errors of 5,350.
Please note that although there have been many attempts to predict Anand 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 Anand Rathi's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Anand Rathi Stock Forecast Pattern

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Anand Rathi Forecasted Value

In the context of forecasting Anand Rathi'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. Anand Rathi's downside and upside margins for the forecasting period are 4,195 and 4,199, respectively. We have considered Anand Rathi'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
4,445
4,197
Expected Value
4,199
Upside

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 Anand Rathi stock data series using in forecasting. Note that when a statistical model is used to represent Anand Rathi 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 Criteria129.3889
BiasArithmetic mean of the errors None
MADMean absolute deviation86.2938
MAPEMean absolute percentage error0.0212
SAESum of the absolute errors5350.2162
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 Anand Rathi Wealth 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 Anand Rathi

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Anand Rathi Wealth. 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 Anand Rathi'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.
Hype
Prediction
LowEstimatedHigh
4,4434,4454,447
Details
Intrinsic
Valuation
LowRealHigh
3,6013,6034,889
Details
Bollinger
Band Projection (param)
LowMiddleHigh
3,7864,0674,348
Details
Earnings
Estimates (0)
LowProjected EPSHigh
18.4818.4818.48
Details

Other Forecasting Options for Anand Rathi

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

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

Anand Rathi Wealth 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 Anand Rathi'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 Anand Rathi's current price.

Anand Rathi Market Strength Events

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

Anand Rathi Risk Indicators

The analysis of Anand Rathi'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 Anand Rathi's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting anand 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.

Other Information on Investing in Anand Stock

Anand Rathi financial ratios help investors to determine whether Anand Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Anand with respect to the benefits of owning Anand Rathi security.