DUET Acquisition Stock Forecast - Polynomial Regression
| DUETDelisted Stock | USD 11.33 0.02 0.18% |
The Polynomial Regression forecasted value of DUET Acquisition Corp on the next trading day is expected to be 11.35 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.02. DUET Stock Forecast is based on your current time horizon.
DUET |
DUET Acquisition Polynomial Regression Price Forecast For the 30th of November
Given 90 days horizon, the Polynomial Regression forecasted value of DUET Acquisition Corp on the next trading day is expected to be 11.35 with a mean absolute deviation of 0.02, mean absolute percentage error of 0.0004, and the sum of the absolute errors of 1.02.Please note that although there have been many attempts to predict DUET 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 DUET Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
DUET Acquisition Stock Forecast Pattern
| Backtest DUET Acquisition | DUET Acquisition Price Prediction | Buy or Sell Advice |
DUET Acquisition Forecasted Value
In the context of forecasting DUET Acquisition'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. DUET Acquisition's downside and upside margins for the forecasting period are 11.21 and 11.49, respectively. We have considered DUET Acquisition'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.
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 DUET Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent DUET Acquisition 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.| AIC | Akaike Information Criteria | 110.3035 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0167 |
| MAPE | Mean absolute percentage error | 0.0015 |
| SAE | Sum of the absolute errors | 1.017 |
Predictive Modules for DUET Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DUET Acquisition Corp. 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 DUET Acquisition'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.
Other Forecasting Options for DUET Acquisition
For every potential investor in DUET, whether a beginner or expert, DUET Acquisition's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. DUET Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in DUET. Basic forecasting techniques help filter out the noise by identifying DUET Acquisition's price trends.DUET Acquisition 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 DUET Acquisition stock to make a market-neutral strategy. Peer analysis of DUET Acquisition could also be used in its relative valuation, which is a method of valuing DUET Acquisition by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
DUET Acquisition Corp 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 DUET Acquisition'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 DUET Acquisition's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
DUET Acquisition Market Strength Events
Market strength indicators help investors to evaluate how DUET Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DUET Acquisition shares will generate the highest return on investment. By undertsting and applying DUET Acquisition stock market strength indicators, traders can identify DUET Acquisition Corp entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 11.33 | |||
| Day Typical Price | 11.33 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) |
DUET Acquisition Risk Indicators
The analysis of DUET Acquisition'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 DUET Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting duet 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.
| Mean Deviation | 0.0398 | |||
| Standard Deviation | 0.1375 | |||
| Variance | 0.0189 |
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.
Thematic Opportunities
Explore Investment Opportunities
Check out Historical Fundamental Analysis of DUET Acquisition to cross-verify your projections. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Other Consideration for investing in DUET Stock
If you are still planning to invest in DUET Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the DUET Acquisition's history and understand the potential risks before investing.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |