Indo Kordsa Stock Forecast - Polynomial Regression

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

Indo Kordsa Polynomial Regression Price Forecast For the 28th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Indo Kordsa Tbk on the next trading day is expected to be 6,082 with a mean absolute deviation of 92.12, mean absolute percentage error of 19,118, and the sum of the absolute errors of 5,619.

Indo Kordsa Stock Forecast Pattern

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Indo Kordsa Price Prediction

Buy or Sell Advice

Indo Kordsa Forecasted Value

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 Indo Kordsa stock data series using in forecasting. Note that when a statistical model is used to represent Indo Kordsa 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 Indo Kordsa 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 Indo Kordsa

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indo Kordsa Tbk. 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 0.00 2.17 Details

Intrinsic Valuation Low Real High 0.00 0.00 2.17 Details

Bollinger Band Projection (param) Low Middle High 5,540 5,988 6,437 Details

Other Forecasting Options for Indo Kordsa

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

Indo Kordsa Related Equities

Risk & Return

Correlation

Indo Kordsa Tbk 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 Indo Kordsa'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 Indo Kordsa's current price.

Indo Kordsa Market Strength Events

Indo Kordsa Risk Indicators

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