Inter Delta Stock Forecast - Simple Regression

INTD Stock  IDR 197.00  11.00  5.91%   
The Simple Regression forecasted value of Inter Delta Tbk on the next trading day is expected to be 189.56 with a mean absolute deviation of 20.04 and the sum of the absolute errors of 1,222. Inter Stock Forecast is based on your current time horizon.
  
Simple Regression model is a single variable regression model that attempts to put a straight line through Inter Delta price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Inter Delta Simple Regression Price Forecast For the 29th of November

Given 90 days horizon, the Simple Regression forecasted value of Inter Delta Tbk on the next trading day is expected to be 189.56 with a mean absolute deviation of 20.04, mean absolute percentage error of 645.21, and the sum of the absolute errors of 1,222.
Please note that although there have been many attempts to predict Inter 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 Inter Delta's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Inter Delta Stock Forecast Pattern

Backtest Inter DeltaInter Delta Price PredictionBuy or Sell Advice 

Inter Delta Forecasted Value

In the context of forecasting Inter Delta's 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. Inter Delta's downside and upside margins for the forecasting period are 179.83 and 199.29, respectively. We have considered Inter Delta'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
197.00
179.83
Downside
189.56
Expected Value
199.29
Upside

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 Inter Delta stock data series using in forecasting. Note that when a statistical model is used to represent Inter Delta 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 Criteria124.5801
BiasArithmetic mean of the errors None
MADMean absolute deviation20.0401
MAPEMean absolute percentage error0.0928
SAESum of the absolute errors1222.448
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Inter Delta Tbk historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Inter Delta

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Inter Delta Tbk. 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
176.27186.00195.73
Details
Intrinsic
Valuation
LowRealHigh
160.58170.31204.60
Details

Other Forecasting Options for Inter Delta

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

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

Inter Delta Tbk 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 Inter Delta'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 Inter Delta's current price.

Inter Delta Market Strength Events

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

Inter Delta Risk Indicators

The analysis of Inter Delta'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 Inter Delta's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting inter 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.
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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Inter Stock

Inter Delta financial ratios help investors to determine whether Inter Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Inter with respect to the benefits of owning Inter Delta security.