Grupo Aeroportuario Pink Sheet Forecast - Polynomial Regression

GPAEF Stock  USD 17.27  0.00  0.00%   
The Polynomial Regression forecasted value of Grupo Aeroportuario del on the next trading day is expected to be 17.37 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.40. Grupo Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Grupo Aeroportuario's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Grupo Aeroportuario polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Grupo Aeroportuario del as well as the accuracy indicators are determined from the period prices.

Grupo Aeroportuario Polynomial Regression Price Forecast For the 28th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Grupo Aeroportuario del on the next trading day is expected to be 17.37 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.17, and the sum of the absolute errors of 21.40.
Please note that although there have been many attempts to predict Grupo Pink Sheet 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 Grupo Aeroportuario's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Grupo Aeroportuario Pink Sheet Forecast Pattern

Backtest Grupo AeroportuarioGrupo Aeroportuario Price PredictionBuy or Sell Advice 

Grupo Aeroportuario Forecasted Value

In the context of forecasting Grupo Aeroportuario's Pink Sheet 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. Grupo Aeroportuario's downside and upside margins for the forecasting period are 15.50 and 19.24, respectively. We have considered Grupo Aeroportuario'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
17.27
17.37
Expected Value
19.24
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 Grupo Aeroportuario pink sheet data series using in forecasting. Note that when a statistical model is used to represent Grupo Aeroportuario pink sheet, 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 Criteria116.3498
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3509
MAPEMean absolute percentage error0.0201
SAESum of the absolute errors21.4049
A single variable polynomial regression model attempts to put a curve through the Grupo Aeroportuario 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 Grupo Aeroportuario

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Grupo Aeroportuario del. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Grupo Aeroportuario'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
15.4017.2719.14
Details
Intrinsic
Valuation
LowRealHigh
15.5517.4219.29
Details
Bollinger
Band Projection (param)
LowMiddleHigh
16.7117.3918.06
Details

Other Forecasting Options for Grupo Aeroportuario

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

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

Grupo Aeroportuario del Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Grupo Aeroportuario'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 Grupo Aeroportuario's current price.

Grupo Aeroportuario Market Strength Events

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

Grupo Aeroportuario Risk Indicators

The analysis of Grupo Aeroportuario'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 Grupo Aeroportuario's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting grupo pink sheet 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.

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Additional Information and Resources on Investing in Grupo Pink Sheet

When determining whether Grupo Aeroportuario del offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grupo Aeroportuario's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grupo Aeroportuario Del Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Grupo Aeroportuario Del Stock:
Check out Historical Fundamental Analysis of Grupo Aeroportuario to cross-verify your projections.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Please note, there is a significant difference between Grupo Aeroportuario's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Aeroportuario is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Aeroportuario's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.