Forbion European Stock Forecast - Polynomial Regression

FRBNDelisted Stock  USD 10.77  0.00  0.00%   
The Polynomial Regression forecasted value of Forbion European Acquisition on the next trading day is expected to be 10.76 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.66. Forbion Stock Forecast is based on your current time horizon.
  
Forbion European polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Forbion European Acquisition as well as the accuracy indicators are determined from the period prices.

Forbion European Polynomial Regression Price Forecast For the 12th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Forbion European Acquisition on the next trading day is expected to be 10.76 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0002, and the sum of the absolute errors of 0.66.
Please note that although there have been many attempts to predict Forbion 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 Forbion European's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Forbion European Stock Forecast Pattern

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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 Forbion European stock data series using in forecasting. Note that when a statistical model is used to represent Forbion European 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 Criteria109.505
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0109
MAPEMean absolute percentage error0.001
SAESum of the absolute errors0.6625
A single variable polynomial regression model attempts to put a curve through the Forbion European 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 Forbion European

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Forbion European Acq. 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
10.7710.7710.77
Details
Intrinsic
Valuation
LowRealHigh
9.109.1011.85
Details
Bollinger
Band Projection (param)
LowMiddleHigh
10.6410.7210.80
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Forbion European. Your research has to be compared to or analyzed against Forbion European's peers to derive any actionable benefits. When done correctly, Forbion European's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Forbion European Acq.

View Forbion European Related Equities

 Risk & Return  Correlation

Forbion European Market Strength Events

Market strength indicators help investors to evaluate how Forbion European stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forbion European shares will generate the highest return on investment. By undertsting and applying Forbion European stock market strength indicators, traders can identify Forbion European Acquisition entry and exit signals to maximize returns.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Other Consideration for investing in Forbion Stock

If you are still planning to invest in Forbion European Acq 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 Forbion European's history and understand the potential risks before investing.
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