Qwest Corp Stock Forecast - Polynomial Regression

CTDD Stock  USD 18.44  0.08  0.43%   
The Polynomial Regression forecasted value of Qwest Corp 6 on the next trading day is expected to be 19.56 with a mean absolute deviation of 0.52 and the sum of the absolute errors of 31.66. Qwest Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Qwest Corp stock prices and determine the direction of Qwest Corp 6's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Qwest Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Qwest Corp's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 2.3 B, whereas Short and Long Term Debt Total is forecasted to decline to about 12 B.
Qwest Corp polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Qwest Corp 6 as well as the accuracy indicators are determined from the period prices.

Qwest Corp Polynomial Regression Price Forecast For the 23rd of November

Given 90 days horizon, the Polynomial Regression forecasted value of Qwest Corp 6 on the next trading day is expected to be 19.56 with a mean absolute deviation of 0.52, mean absolute percentage error of 0.40, and the sum of the absolute errors of 31.66.
Please note that although there have been many attempts to predict Qwest 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 Qwest Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Qwest Corp Stock Forecast Pattern

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Qwest Corp Forecasted Value

In the context of forecasting Qwest Corp's 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. Qwest Corp's downside and upside margins for the forecasting period are 16.69 and 22.42, respectively. We have considered Qwest Corp's 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
18.44
19.56
Expected Value
22.42
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 Qwest Corp stock data series using in forecasting. Note that when a statistical model is used to represent Qwest Corp 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 Criteria117.1868
BiasArithmetic mean of the errors None
MADMean absolute deviation0.519
MAPEMean absolute percentage error0.0313
SAESum of the absolute errors31.6588
A single variable polynomial regression model attempts to put a curve through the Qwest Corp 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 Qwest Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Qwest Corp 6. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Qwest Corp's 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
15.5718.4421.31
Details
Intrinsic
Valuation
LowRealHigh
11.6114.4820.28
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.2217.8819.54
Details

Other Forecasting Options for Qwest Corp

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

Qwest Corp Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Qwest Corp stock to make a market-neutral strategy. Peer analysis of Qwest Corp could also be used in its relative valuation, which is a method of valuing Qwest Corp by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Qwest Corp 6 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 Qwest Corp'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 Qwest Corp's current price.

Qwest Corp Market Strength Events

Market strength indicators help investors to evaluate how Qwest Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Qwest Corp shares will generate the highest return on investment. By undertsting and applying Qwest Corp stock market strength indicators, traders can identify Qwest Corp 6 entry and exit signals to maximize returns.

Qwest Corp Risk Indicators

The analysis of Qwest Corp's 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 Qwest Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting qwest 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.

Also Currently Popular

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.
When determining whether Qwest Corp 6 is a strong investment it is important to analyze Qwest Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Qwest Corp's future performance. For an informed investment choice regarding Qwest Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Qwest Corp to cross-verify your projections.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qwest Corp. If investors know Qwest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qwest Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
1000 K
The market value of Qwest Corp 6 is measured differently than its book value, which is the value of Qwest that is recorded on the company's balance sheet. Investors also form their own opinion of Qwest Corp's value that differs from its market value or its book value, called intrinsic value, which is Qwest Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qwest Corp's market value can be influenced by many factors that don't directly affect Qwest Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qwest Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qwest Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qwest Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.