Imricor Medical Stock Forecast - Polynomial Regression

Imricor Medical polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Imricor Medical Systems as well as the accuracy indicators are determined from the period prices.

Imricor Medical Polynomial Regression Price Forecast For the 3rd of December

Given 90 days horizon, the Polynomial Regression forecasted value of Imricor Medical Systems on the next trading day is expected to be 1.14 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.42.

Imricor Medical Stock Forecast Pattern

Backtest Imricor Medical

Imricor Medical Price Prediction

Buy or Sell Advice

Imricor Medical Forecasted Value

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 Imricor Medical stock data series using in forecasting. Note that when a statistical model is used to represent Imricor Medical 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. A single variable polynomial regression model attempts to put a curve through the Imricor Medical 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 + ... + a_m*X^m

Predictive Modules for Imricor Medical

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Imricor Medical Systems. 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 Low Estimated High 0.06 1.16 6.95 Details

Intrinsic Valuation Low Real High 0.04 0.83 6.62 Details

Bollinger Band Projection (param) Low Middle High 0.56 0.86 1.15 Details

Earnings Estimates (0) Low Projected EPS High -0.04 -0.04 -0.04 Details

Other Forecasting Options for Imricor Medical

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

Imricor Medical Related Equities

Risk & Return

Correlation

Imricor Medical Systems 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 Imricor Medical'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 Imricor Medical's current price.

Imricor Medical Market Strength Events

Imricor Medical Risk Indicators

Additional Tools for Imricor Stock Analysis