MDGS Old Stock Forecast - Polynomial Regression

MDGSDelisted Stock  USD 1.73  0.01  0.58%   
The Polynomial Regression forecasted value of MDGS Old on the next trading day is expected to be 1.78 with a mean absolute deviation of 0.15 and the sum of the absolute errors of 9.42. MDGS Stock Forecast is based on your current time horizon.
  
MDGS Old polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for MDGS Old as well as the accuracy indicators are determined from the period prices.

MDGS Old Polynomial Regression Price Forecast For the 3rd of February

Given 90 days horizon, the Polynomial Regression forecasted value of MDGS Old on the next trading day is expected to be 1.78 with a mean absolute deviation of 0.15, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.42.
Please note that although there have been many attempts to predict MDGS 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 MDGS Old's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

MDGS Old Stock Forecast Pattern

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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 MDGS Old stock data series using in forecasting. Note that when a statistical model is used to represent MDGS Old 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 Criteria115.0077
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1545
MAPEMean absolute percentage error0.0761
SAESum of the absolute errors9.4242
A single variable polynomial regression model attempts to put a curve through the MDGS Old 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 MDGS Old

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MDGS Old. 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
1.731.731.73
Details
Intrinsic
Valuation
LowRealHigh
1.661.661.90
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as MDGS Old. Your research has to be compared to or analyzed against MDGS Old's peers to derive any actionable benefits. When done correctly, MDGS Old'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 MDGS Old.

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 Risk & Return  Correlation

MDGS Old Market Strength Events

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

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Other Consideration for investing in MDGS Stock

If you are still planning to invest in MDGS Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the MDGS Old's history and understand the potential risks before investing.
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