Delta Air Stock Forecast - Simple Regression

Delta Air Additional Predictive Modules

Most predictive techniques to examine Delta price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Delta using various technical indicators. When you analyze Delta charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Simple Regression model is a single variable regression model that attempts to put a straight line through Delta Air price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Delta Air Simple Regression Price Forecast For the 25th of January

Given 90 days horizon, the Simple Regression forecasted value of Delta Air Lines on the next trading day is expected to be 1,311 with a mean absolute deviation of 41.49, mean absolute percentage error of 2,416, and the sum of the absolute errors of 2,531.

Delta Air Stock Forecast Pattern

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Delta Air Price Prediction

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Delta Air Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Delta Air stock data series using in forecasting. Note that when a statistical model is used to represent Delta Air 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. In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Delta Air Lines historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Delta Air

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Delta Air Lines. 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 1,212 1,214 1,216 Details

Intrinsic Valuation Low Real High 1,187 1,189 1,336 Details

Bollinger Band Projection (param) Low Middle High 1,196 1,253 1,309 Details

Delta Air After-Hype Price Prediction Density Analysis

Delta Air Estimiated After-Hype Price Volatility

Delta Air Stock Price Prediction Analysis

Delta Air Hype Timeline

Delta Air Lines is currently traded for 1,214on Mexican Exchange of Mexico. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Delta is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at 0.17%. %. The volatility of related hype on Delta Air is about 0.0%, with the expected price after the next announcement by competition of 1,214. About 68.0% of the company shares are held by institutions such as insurance companies. The book value of Delta Air was currently reported as 10.31. The company has Price/Earnings (P/E) ratio of 112.86. Delta Air Lines recorded earning per share (EPS) of 37.34. The entity last dividend was issued on the 19th of February 2020. Assuming the 90 days trading horizon the next expected press release will be in a few days. Check out Historical Fundamental Analysis of Delta Air to cross-verify your projections.

Delta Air Related Hype Analysis

Other Forecasting Options for Delta Air

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

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