MFC Strategic Stock Forecast - Polynomial Regression

M-STOR Stock  THB 7.45  0.00  0.00%   
The Polynomial Regression forecasted value of MFC Strategic Storage on the next trading day is expected to be 9.03 with a mean absolute deviation of 3.21 and the sum of the absolute errors of 199.10. MFC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast MFC Strategic stock prices and determine the direction of MFC Strategic Storage's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of MFC Strategic's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
MFC Strategic polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for MFC Strategic Storage as well as the accuracy indicators are determined from the period prices.

MFC Strategic Polynomial Regression Price Forecast For the 30th of November

Given 90 days horizon, the Polynomial Regression forecasted value of MFC Strategic Storage on the next trading day is expected to be 9.03 with a mean absolute deviation of 3.21, mean absolute percentage error of 11.76, and the sum of the absolute errors of 199.10.
Please note that although there have been many attempts to predict MFC 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 MFC Strategic's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

MFC Strategic Stock Forecast Pattern

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MFC Strategic Forecasted Value

In the context of forecasting MFC Strategic'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. MFC Strategic's downside and upside margins for the forecasting period are 0.07 and 445.86, respectively. We have considered MFC Strategic'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
7.45
9.03
Expected Value
445.86
Upside

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 MFC Strategic stock data series using in forecasting. Note that when a statistical model is used to represent MFC Strategic 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 Criteria122.4127
BiasArithmetic mean of the errors None
MADMean absolute deviation3.2113
MAPEMean absolute percentage error9.223372036854776E14
SAESum of the absolute errors199.1026
A single variable polynomial regression model attempts to put a curve through the MFC Strategic 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 + ... + am*Xm

Predictive Modules for MFC Strategic

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MFC Strategic Storage. 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
0.377.45752.45
Details
Intrinsic
Valuation
LowRealHigh
0.265.22750.22
Details

Other Forecasting Options for MFC Strategic

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

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

MFC Strategic Storage 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 MFC Strategic'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 MFC Strategic's current price.

MFC Strategic Market Strength Events

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

MFC Strategic Risk Indicators

The analysis of MFC Strategic'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 MFC Strategic's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mfc 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.

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Other Information on Investing in MFC Stock

MFC Strategic financial ratios help investors to determine whether MFC 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 MFC with respect to the benefits of owning MFC Strategic security.