Belong Acquisition Stock Forecast - Polynomial Regression

Belong Acquisition polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Belong Acquisition Corp as well as the accuracy indicators are determined from the period prices.

Belong Acquisition Polynomial Regression Price Forecast For the 4th of February

Given 90 days horizon, the Polynomial Regression forecasted value of Belong Acquisition Corp on the next trading day is expected to be -0.0085 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.000075, and the sum of the absolute errors of 0.38.

Belong Acquisition Stock Forecast Pattern

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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 Belong Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent Belong Acquisition 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. A single variable polynomial regression model attempts to put a curve through the Belong Acquisition 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 + ... + a_m*X^m

Predictive Modules for Belong Acquisition

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Belong Acquisition Corp. 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 0.00 0.0006 0.00 Details

Intrinsic Valuation Low Real High 0.00 0.0006 0.00 Details

Bollinger Band Projection (param) Low Middle High -0.02 0.03 0.09 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Belong Acquisition. Your research has to be compared to or analyzed against Belong Acquisition's peers to derive any actionable benefits. When done correctly, Belong Acquisition's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Belong Acquisition Corp.

Belong Acquisition Related Equities

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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.

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