Augros Cosmetic Stock Forecast - Polynomial Regression

AUGR Stock  EUR 7.40  0.35  4.96%   
The Polynomial Regression forecasted value of Augros Cosmetic Packaging on the next trading day is expected to be 6.98 with a mean absolute deviation of 0.25 and the sum of the absolute errors of 15.54. Augros Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Augros Cosmetic stock prices and determine the direction of Augros Cosmetic Packaging's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Augros Cosmetic's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Augros Cosmetic polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Augros Cosmetic Packaging as well as the accuracy indicators are determined from the period prices.

Augros Cosmetic Polynomial Regression Price Forecast For the 2nd of December

Given 90 days horizon, the Polynomial Regression forecasted value of Augros Cosmetic Packaging on the next trading day is expected to be 6.98 with a mean absolute deviation of 0.25, mean absolute percentage error of 0.11, and the sum of the absolute errors of 15.54.
Please note that although there have been many attempts to predict Augros 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 Augros Cosmetic's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Augros Cosmetic Stock Forecast Pattern

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Augros Cosmetic Forecasted Value

In the context of forecasting Augros Cosmetic'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. Augros Cosmetic's downside and upside margins for the forecasting period are 1.04 and 12.92, respectively. We have considered Augros Cosmetic'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
7.40
6.98
Expected Value
12.92
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 Augros Cosmetic stock data series using in forecasting. Note that when a statistical model is used to represent Augros Cosmetic 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 Criteria115.8982
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2547
MAPEMean absolute percentage error0.0391
SAESum of the absolute errors15.5365
A single variable polynomial regression model attempts to put a curve through the Augros Cosmetic 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 Augros Cosmetic

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Augros Cosmetic Packaging. 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
1.467.4013.34
Details
Intrinsic
Valuation
LowRealHigh
0.295.8811.82
Details

Other Forecasting Options for Augros Cosmetic

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

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

Augros Cosmetic Packaging 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 Augros Cosmetic'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 Augros Cosmetic's current price.

Augros Cosmetic Market Strength Events

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

Augros Cosmetic Risk Indicators

The analysis of Augros Cosmetic'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 Augros Cosmetic's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting augros 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 Augros Stock

Augros Cosmetic financial ratios help investors to determine whether Augros 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 Augros with respect to the benefits of owning Augros Cosmetic security.