Intanwijaya Internasional Stock Forecast - Polynomial Regression

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

Intanwijaya Internasional Polynomial Regression Price Forecast For the 24th of November

Given 90 days horizon, the Polynomial Regression forecasted value of Intanwijaya Internasional Tbk on the next trading day is expected to be 569.16 with a mean absolute deviation of 5.49, mean absolute percentage error of 52.88, and the sum of the absolute errors of 334.91.

Intanwijaya Internasional Stock Forecast Pattern

Backtest Intanwijaya Internasional

Intanwijaya Internasional Price Prediction

Buy or Sell Advice

Intanwijaya Internasional 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 Intanwijaya Internasional stock data series using in forecasting. Note that when a statistical model is used to represent Intanwijaya Internasional 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 Intanwijaya Internasional 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 Intanwijaya Internasional

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Intanwijaya Internasional. 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 573.62 575.00 576.38 Details

Intrinsic Valuation Low Real High 485.82 487.20 632.50 Details

Bollinger Band Projection (param) Low Middle High 571.09 590.69 610.30 Details

Other Forecasting Options for Intanwijaya Internasional

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

Intanwijaya Internasional Related Equities

Risk & Return

Correlation

Intanwijaya Internasional 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 Intanwijaya Internasional'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 Intanwijaya Internasional's current price.

Intanwijaya Internasional Market Strength Events

Intanwijaya Internasional Risk Indicators

Other Information on Investing in Intanwijaya Stock