PT Janu Stock Forecast - Polynomial Regression

AYAM Stock   149.00  1.00  0.68%   
The Polynomial Regression forecasted value of PT Janu Putra on the next trading day is expected to be 164.27 with a mean absolute deviation of 3.58 and the sum of the absolute errors of 218.55. Investors can use prediction functions to forecast PT Janu's stock prices and determine the direction of PT Janu Putra's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of PT Janu's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
PT Janu polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for PT Janu Putra as well as the accuracy indicators are determined from the period prices.

PT Janu Polynomial Regression Price Forecast For the 3rd of December

Given 90 days horizon, the Polynomial Regression forecasted value of PT Janu Putra on the next trading day is expected to be 164.27 with a mean absolute deviation of 3.58, mean absolute percentage error of 23.26, and the sum of the absolute errors of 218.55.
Please note that although there have been many attempts to predict AYAM 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 PT Janu's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

PT Janu Stock Forecast Pattern

PT Janu Forecasted Value

In the context of forecasting PT Janu'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. PT Janu's downside and upside margins for the forecasting period are 161.18 and 167.37, respectively. We have considered PT Janu'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
149.00
161.18
Downside
164.27
Expected Value
167.37
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 PT Janu stock data series using in forecasting. Note that when a statistical model is used to represent PT Janu 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 Criteria121.2572
BiasArithmetic mean of the errors None
MADMean absolute deviation3.5828
MAPEMean absolute percentage error0.0276
SAESum of the absolute errors218.5494
A single variable polynomial regression model attempts to put a curve through the PT Janu 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 PT Janu

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PT Janu Putra. 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.

Other Forecasting Options for PT Janu

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

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

PT Janu Putra 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 PT Janu'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 PT Janu's current price.

PT Janu Market Strength Events

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

PT Janu Risk Indicators

The analysis of PT Janu'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 PT Janu's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ayam 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.

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