Federal Home OTC Stock Forecast - Polynomial Regression

FMCCN Stock  USD 14.61  0.19  1.28%   
The Polynomial Regression forecasted value of Federal Home Loan on the next trading day is expected to be 17.55 with a mean absolute deviation of 0.72 and the sum of the absolute errors of 43.93. Federal OTC Stock Forecast is based on your current time horizon.
  
Federal Home polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Federal Home Loan as well as the accuracy indicators are determined from the period prices.

Federal Home Polynomial Regression Price Forecast For the 24th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Federal Home Loan on the next trading day is expected to be 17.55 with a mean absolute deviation of 0.72, mean absolute percentage error of 1.32, and the sum of the absolute errors of 43.93.
Please note that although there have been many attempts to predict Federal 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 Federal Home's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Federal Home OTC Stock Forecast Pattern

Backtest Federal HomeFederal Home Price PredictionBuy or Sell Advice 

Federal Home Forecasted Value

In the context of forecasting Federal Home's 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. Federal Home's downside and upside margins for the forecasting period are 7.37 and 27.74, respectively. We have considered Federal Home'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
14.61
17.55
Expected Value
27.74
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 Federal Home otc stock data series using in forecasting. Note that when a statistical model is used to represent Federal Home 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 Criteria118.387
BiasArithmetic mean of the errors None
MADMean absolute deviation0.7201
MAPEMean absolute percentage error0.0818
SAESum of the absolute errors43.9255
A single variable polynomial regression model attempts to put a curve through the Federal Home 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 Federal Home

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Federal Home Loan. 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 Federal Home'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
4.3514.6124.87
Details
Intrinsic
Valuation
LowRealHigh
4.7915.0525.31
Details
Bollinger
Band Projection (param)
LowMiddleHigh
14.5414.6514.75
Details

Other Forecasting Options for Federal Home

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

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

Federal Home Loan 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 Federal Home'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 Federal Home's current price.

Federal Home Market Strength Events

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

Federal Home Risk Indicators

The analysis of Federal Home'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 Federal Home's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting federal 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.

Pair Trading with Federal Home

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Federal Home position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Federal Home will appreciate offsetting losses from the drop in the long position's value.

Moving together with Federal OTC Stock

  0.98FMCCT Federal Home LoanPairCorr
  0.72COOP Mr Cooper GroupPairCorr

Moving against Federal OTC Stock

  0.82RKT Rocket CompaniesPairCorr
  0.72UWMC UWM Holdings CorpPairCorr
  0.45871829BH9 SYSCO P 445PairCorr
The ability to find closely correlated positions to Federal Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Federal Home when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Federal Home - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Federal Home Loan to buy it.
The correlation of Federal Home is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Federal Home moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Federal Home Loan moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Federal Home can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Federal OTC Stock

Federal Home financial ratios help investors to determine whether Federal 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 Federal with respect to the benefits of owning Federal Home security.