CoastalSouth Bancshares OTC Stock Forecast - Polynomial Regression

COSO Stock  USD 21.10  0.40  1.86%   
The Polynomial Regression forecasted value of CoastalSouth Bancshares on the next trading day is expected to be 21.19 with a mean absolute deviation of 0.21 and the sum of the absolute errors of 13.28. CoastalSouth OTC Stock Forecast is based on your current time horizon.
  
CoastalSouth Bancshares polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for CoastalSouth Bancshares as well as the accuracy indicators are determined from the period prices.

CoastalSouth Bancshares Polynomial Regression Price Forecast For the 6th of March

Given 90 days horizon, the Polynomial Regression forecasted value of CoastalSouth Bancshares on the next trading day is expected to be 21.19 with a mean absolute deviation of 0.21, mean absolute percentage error of 0.07, and the sum of the absolute errors of 13.28.
Please note that although there have been many attempts to predict CoastalSouth 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 CoastalSouth Bancshares' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

CoastalSouth Bancshares OTC Stock Forecast Pattern

JavaScript chart by amCharts 3.21.15Dec 13Dec 23Dec 31Jan 10Jan 20Jan 28Feb 5Feb 13Feb 24Mar 420.821.021.221.421.621.822.0
JavaScript chart by amCharts 3.21.15CoastalSouth Bancshares CoastalSouth Bancshares forecast
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CoastalSouth Bancshares Forecasted Value

In the context of forecasting CoastalSouth Bancshares' 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. CoastalSouth Bancshares' downside and upside margins for the forecasting period are 19.93 and 22.46, respectively. We have considered CoastalSouth Bancshares' 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
21.10
21.19
Expected Value
22.46
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 CoastalSouth Bancshares otc stock data series using in forecasting. Note that when a statistical model is used to represent CoastalSouth Bancshares 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 Criteria117.3573
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2142
MAPEMean absolute percentage error0.0101
SAESum of the absolute errors13.2834
A single variable polynomial regression model attempts to put a curve through the CoastalSouth Bancshares 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 CoastalSouth Bancshares

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CoastalSouth Bancshares. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CoastalSouth Bancshares' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
19.8321.1022.37
Details
Intrinsic
Valuation
LowRealHigh
16.3417.6123.21
Details

Other Forecasting Options for CoastalSouth Bancshares

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

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 Risk & Return  Correlation

CoastalSouth Bancshares 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 CoastalSouth Bancshares' 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 CoastalSouth Bancshares' current price.

CoastalSouth Bancshares Market Strength Events

Market strength indicators help investors to evaluate how CoastalSouth Bancshares 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 CoastalSouth Bancshares shares will generate the highest return on investment. By undertsting and applying CoastalSouth Bancshares otc stock market strength indicators, traders can identify CoastalSouth Bancshares entry and exit signals to maximize returns.

CoastalSouth Bancshares Risk Indicators

The analysis of CoastalSouth Bancshares' 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 CoastalSouth Bancshares' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting coastalsouth 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.

Other Information on Investing in CoastalSouth OTC Stock

CoastalSouth Bancshares financial ratios help investors to determine whether CoastalSouth 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 CoastalSouth with respect to the benefits of owning CoastalSouth Bancshares security.

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