Interconnection Electric OTC Stock Forecast - Simple Regression
| IESFY Stock | USD 164.20 6.72 4.27% |
The Simple Regression forecasted value of Interconnection Electric SA on the next trading day is expected to be 170.06 with a mean absolute deviation of 7.17 and the sum of the absolute errors of 437.55. Interconnection OTC Stock Forecast is based on your current time horizon.
Interconnection |
Interconnection Electric Simple Regression Price Forecast For the 26th of December
Given 90 days horizon, the Simple Regression forecasted value of Interconnection Electric SA on the next trading day is expected to be 170.06 with a mean absolute deviation of 7.17, mean absolute percentage error of 74.37, and the sum of the absolute errors of 437.55.Please note that although there have been many attempts to predict Interconnection 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 Interconnection Electric's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Interconnection Electric OTC Stock Forecast Pattern
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Interconnection Electric Forecasted Value
In the context of forecasting Interconnection Electric'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. Interconnection Electric's downside and upside margins for the forecasting period are 165.34 and 174.78, respectively. We have considered Interconnection Electric'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 Simple Regression forecasting method's relative quality and the estimations of the prediction error of Interconnection Electric otc stock data series using in forecasting. Note that when a statistical model is used to represent Interconnection Electric 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.| AIC | Akaike Information Criteria | 122.4196 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 7.1729 |
| MAPE | Mean absolute percentage error | 0.0449 |
| SAE | Sum of the absolute errors | 437.5485 |
Predictive Modules for Interconnection Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Interconnection Electric. 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.Other Forecasting Options for Interconnection Electric
For every potential investor in Interconnection, whether a beginner or expert, Interconnection Electric's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Interconnection OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Interconnection. Basic forecasting techniques help filter out the noise by identifying Interconnection Electric's price trends.View Interconnection Electric Related Equities
| Risk & Return | Correlation |
Interconnection Electric 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 Interconnection Electric'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 Interconnection Electric's current price.| Cycle Indicators | ||
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Interconnection Electric Market Strength Events
Market strength indicators help investors to evaluate how Interconnection Electric 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 Interconnection Electric shares will generate the highest return on investment. By undertsting and applying Interconnection Electric otc stock market strength indicators, traders can identify Interconnection Electric SA entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 164.2 | |||
| Day Typical Price | 164.2 | |||
| Price Action Indicator | 3.36 | |||
| Period Momentum Indicator | 6.72 |
Interconnection Electric Risk Indicators
The analysis of Interconnection Electric'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 Interconnection Electric's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting interconnection 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.
| Mean Deviation | 2.92 | |||
| Semi Deviation | 4.64 | |||
| Standard Deviation | 4.72 | |||
| Variance | 22.28 | |||
| Downside Variance | 36.85 | |||
| Semi Variance | 21.5 | |||
| Expected Short fall | (3.07) |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Interconnection OTC Stock Analysis
When running Interconnection Electric's price analysis, check to measure Interconnection Electric's 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 Interconnection Electric is operating at the current time. Most of Interconnection Electric's value examination focuses on studying past and present price action to predict the probability of Interconnection Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Interconnection Electric's price. Additionally, you may evaluate how the addition of Interconnection Electric to your portfolios can decrease your overall portfolio volatility.