ExlService Holdings Stock Forecast - Polynomial Regression

EXLS Stock  USD 42.69  0.04  0.09%   
The Polynomial Regression forecasted value of ExlService Holdings on the next trading day is expected to be 43.16 with a mean absolute deviation of 0.64 and the sum of the absolute errors of 39.00. ExlService Stock Forecast is based on your current time horizon.
At this time, The value of RSI of ExlService Holdings' share price is at 56 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling ExlService Holdings, making its price go up or down.

Momentum 56

 Buy Extended

 
Oversold
 
Overbought
The successful prediction of ExlService Holdings' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of ExlService Holdings and does not consider all of the tangible or intangible factors available from ExlService Holdings' fundamental data. We analyze noise-free headlines and recent hype associated with ExlService Holdings, which may create opportunities for some arbitrage if properly timed.
Using ExlService Holdings hype-based prediction, you can estimate the value of ExlService Holdings from the perspective of ExlService Holdings response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of ExlService Holdings on the next trading day is expected to be 43.16 with a mean absolute deviation of 0.64 and the sum of the absolute errors of 39.00.

ExlService Holdings after-hype prediction price

    
  USD 42.69  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of ExlService Holdings to cross-verify your projections.
For more information on how to buy ExlService Stock please use our How to Invest in ExlService Holdings guide.

ExlService Holdings Additional Predictive Modules

Most predictive techniques to examine ExlService price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ExlService using various technical indicators. When you analyze ExlService 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.
ExlService Holdings polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for ExlService Holdings as well as the accuracy indicators are determined from the period prices.

ExlService Holdings Polynomial Regression Price Forecast For the 9th of January

Given 90 days horizon, the Polynomial Regression forecasted value of ExlService Holdings on the next trading day is expected to be 43.16 with a mean absolute deviation of 0.64, mean absolute percentage error of 0.60, and the sum of the absolute errors of 39.00.
Please note that although there have been many attempts to predict ExlService 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 ExlService Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ExlService Holdings Stock Forecast Pattern

Backtest ExlService HoldingsExlService Holdings Price PredictionBuy or Sell Advice 

ExlService Holdings Forecasted Value

In the context of forecasting ExlService Holdings' 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. ExlService Holdings' downside and upside margins for the forecasting period are 41.58 and 44.74, respectively. We have considered ExlService Holdings' 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
42.69
43.16
Expected Value
44.74
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 ExlService Holdings stock data series using in forecasting. Note that when a statistical model is used to represent ExlService Holdings 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 Criteria117.5934
BiasArithmetic mean of the errors None
MADMean absolute deviation0.6393
MAPEMean absolute percentage error0.0156
SAESum of the absolute errors38.9965
A single variable polynomial regression model attempts to put a curve through the ExlService Holdings 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 ExlService Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ExlService Holdings. 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
LowEstimatedHigh
41.1142.6944.27
Details
Intrinsic
Valuation
LowRealHigh
40.2441.8243.40
Details
Bollinger
Band Projection (param)
LowMiddleHigh
40.0242.0944.16
Details

Other Forecasting Options for ExlService Holdings

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

ExlService Holdings 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 ExlService Holdings stock to make a market-neutral strategy. Peer analysis of ExlService Holdings could also be used in its relative valuation, which is a method of valuing ExlService Holdings by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

ExlService Holdings 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 ExlService Holdings' 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 ExlService Holdings' current price.

ExlService Holdings Market Strength Events

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

ExlService Holdings Risk Indicators

The analysis of ExlService Holdings' 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 ExlService Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting exlservice 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.

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for ExlService Stock Analysis

When running ExlService Holdings' price analysis, check to measure ExlService Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ExlService Holdings is operating at the current time. Most of ExlService Holdings' value examination focuses on studying past and present price action to predict the probability of ExlService Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ExlService Holdings' price. Additionally, you may evaluate how the addition of ExlService Holdings to your portfolios can decrease your overall portfolio volatility.