Centratama Telekomunikasi Stock Forecast - Polynomial Regression

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

Centratama Telekomunikasi Polynomial Regression Price Forecast For the 1st of December

Given 90 days horizon, the Polynomial Regression forecasted value of Centratama Telekomunikasi Ind on the next trading day is expected to be 44.35 with a mean absolute deviation of 2.30, mean absolute percentage error of 10.96, and the sum of the absolute errors of 140.12.

Centratama Telekomunikasi Stock Forecast Pattern

Backtest Centratama Telekomunikasi

Centratama Telekomunikasi Price Prediction

Buy or Sell Advice

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

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Centratama Telekomunikasi. 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 43.29 47.00 50.71 Details

Intrinsic Valuation Low Real High 38.71 42.42 51.70 Details

Bollinger Band Projection (param) Low Middle High 42.89 46.60 50.31 Details

Other Forecasting Options for Centratama Telekomunikasi

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

Centratama Telekomunikasi Related Equities

Risk & Return

Correlation

Centratama Telekomunikasi 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 Centratama Telekomunikasi'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 Centratama Telekomunikasi's current price.

Centratama Telekomunikasi Market Strength Events

Centratama Telekomunikasi Risk Indicators

Other Information on Investing in Centratama Stock