KAR Auction Stock Forecast - Simple Regression

KAR Auction Additional Predictive Modules

Most predictive techniques to examine KAR price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for KAR using various technical indicators. When you analyze KAR charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Simple Regression model is a single variable regression model that attempts to put a straight line through KAR Auction 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.

KAR Auction Simple Regression Price Forecast For the 29th of January

Given 90 days horizon, the Simple Regression forecasted value of KAR Auction Services on the next trading day is expected to be 27.90 with a mean absolute deviation of 1.33, mean absolute percentage error of 2.60, and the sum of the absolute errors of 81.00.

KAR Auction Stock Forecast Pattern

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KAR Auction Price Prediction

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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 KAR Auction stock data series using in forecasting. Note that when a statistical model is used to represent KAR Auction 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. 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 KAR Auction Services 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 KAR Auction

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as KAR Auction Services. 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 29.37 30.98 32.59 Details

Intrinsic Valuation Low Real High 23.30 24.91 33.97 Details

Bollinger Band Projection (param) Low Middle High 23.33 27.71 32.09 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as KAR Auction. Your research has to be compared to or analyzed against KAR Auction's peers to derive any actionable benefits. When done correctly, KAR Auction's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in KAR Auction Services.

KAR Auction After-Hype Price Density Analysis

KAR Auction Estimiated After-Hype Price Volatility

KAR Auction Stock Price Outlook Analysis

Notes

KAR Auction Hype Timeline

On the 28th of January KAR Auction Services is traded for 30.88. The entity has historical hype elasticity of 0.1, and average elasticity to hype of competition of 0.34. KAR is forecasted to increase in value after the next headline, with the price projected to jump to 30.98 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is projected to be 0.32%, whereas the daily expected return is now at 0.42%. The volatility of related hype on KAR Auction is about 200.41%, with the expected price after the next announcement by competition of 31.22. The company reported the last year's revenue of 1.79 B. Total Income to common stockholders was 109.9 M with profit before taxes, overhead, and interest of 884.5 M. Considering the 90-day investment horizon the next forecasted press release will be in about 19 days. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

KAR Auction Related Hype Analysis

KAR Auction Related Equities

Risk & Return

Correlation

KAR Auction Market Strength Events

KAR Auction Risk Indicators

Story Coverage note for KAR Auction

KAR Auction Short Properties

Other Consideration for investing in KAR Stock