BA69 Stock Forecast - Simple Regression
BA69 Stock | 87.96 0.00 0.00% |
The Simple Regression forecasted value of BA69 on the next trading day is expected to be 87.96 with a mean absolute deviation of 0 and the sum of the absolute errors of 0. BA69 Stock Forecast is based on your current time horizon.
BA69 |
BA69 Simple Regression Price Forecast For the 23rd of November
Given 90 days horizon, the Simple Regression forecasted value of BA69 on the next trading day is expected to be 87.96 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.Please note that although there have been many attempts to predict BA69 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 BA69's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
BA69 Stock Forecast Pattern
BA69 Forecasted Value
In the context of forecasting BA69'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. BA69's downside and upside margins for the forecasting period are 87.96 and 87.96, respectively. We have considered BA69'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.
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 BA69 stock data series using in forecasting. Note that when a statistical model is used to represent BA69 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.AIC | Akaike Information Criteria | 58.0141 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.0 |
MAPE | Mean absolute percentage error | 0.0 |
SAE | Sum of the absolute errors | 0.0 |
Predictive Modules for BA69
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BA69. 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 BA69
For every potential investor in BA69, whether a beginner or expert, BA69's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BA69 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BA69. Basic forecasting techniques help filter out the noise by identifying BA69's price trends.BA69 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 BA69 stock to make a market-neutral strategy. Peer analysis of BA69 could also be used in its relative valuation, which is a method of valuing BA69 by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
BA69 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 BA69'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 BA69's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
BA69 Market Strength Events
Market strength indicators help investors to evaluate how BA69 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BA69 shares will generate the highest return on investment. By undertsting and applying BA69 stock market strength indicators, traders can identify BA69 entry and exit signals to maximize returns.
Accumulation Distribution | 0.99 | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 44.42 | |||
Day Typical Price | 58.93 | |||
Market Facilitation Index | 87.09 | |||
Price Action Indicator | 43.54 |
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 BA69 Stock Analysis
When running BA69's price analysis, check to measure BA69'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 BA69 is operating at the current time. Most of BA69's value examination focuses on studying past and present price action to predict the probability of BA69's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BA69's price. Additionally, you may evaluate how the addition of BA69 to your portfolios can decrease your overall portfolio volatility.