BrainChip Holdings OTC Stock Forecast - Polynomial Regression

BRCHF Stock  USD 0.16  0.01  5.88%   
The Polynomial Regression forecasted value of BrainChip Holdings on the next trading day is expected to be 0.15 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.88. BrainChip OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of BrainChip Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
BrainChip Holdings polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for BrainChip Holdings as well as the accuracy indicators are determined from the period prices.

BrainChip Holdings Polynomial Regression Price Forecast For the 24th of November

Given 90 days horizon, the Polynomial Regression forecasted value of BrainChip Holdings on the next trading day is expected to be 0.15 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0003, and the sum of the absolute errors of 0.88.
Please note that although there have been many attempts to predict BrainChip OTC 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 BrainChip Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

BrainChip Holdings OTC Stock Forecast Pattern

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BrainChip Holdings Forecasted Value

In the context of forecasting BrainChip Holdings' OTC 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. BrainChip Holdings' downside and upside margins for the forecasting period are 0 and 9.49, respectively. We have considered BrainChip Holdings' 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
0.16
0.15
Expected Value
9.49
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 BrainChip Holdings otc stock data series using in forecasting. Note that when a statistical model is used to represent BrainChip Holdings otc 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 Criteria110.0387
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0144
MAPEMean absolute percentage error0.0942
SAESum of the absolute errors0.8801
A single variable polynomial regression model attempts to put a curve through the BrainChip Holdings 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 BrainChip Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as BrainChip Holdings. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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
0.010.169.50
Details
Intrinsic
Valuation
LowRealHigh
0.010.139.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BrainChip Holdings. Your research has to be compared to or analyzed against BrainChip Holdings' peers to derive any actionable benefits. When done correctly, BrainChip Holdings' 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 BrainChip Holdings.

Other Forecasting Options for BrainChip Holdings

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

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 Risk & Return  Correlation

BrainChip Holdings Technical and Predictive Analytics

The otc stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BrainChip Holdings' 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 BrainChip Holdings' current price.

BrainChip Holdings Market Strength Events

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

BrainChip Holdings Risk Indicators

The analysis of BrainChip Holdings' 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 BrainChip Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting brainchip otc 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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Other Information on Investing in BrainChip OTC Stock

BrainChip Holdings financial ratios help investors to determine whether BrainChip OTC 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 BrainChip with respect to the benefits of owning BrainChip Holdings security.