Multi Bintang Stock Forecast - Polynomial Regression

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

Multi Bintang Polynomial Regression Price Forecast For the 23rd of November

Given 90 days horizon, the Polynomial Regression forecasted value of Multi Bintang Indonesia on the next trading day is expected to be 6,447 with a mean absolute deviation of 105.99, mean absolute percentage error of 20,268, and the sum of the absolute errors of 6,465.

Multi Bintang Stock Forecast Pattern

Backtest Multi Bintang

Multi Bintang Price Prediction

Buy or Sell Advice

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

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Multi Bintang Indonesia. 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 6,473 6,475 6,477 Details

Intrinsic Valuation Low Real High 5,395 5,397 7,122 Details

Bollinger Band Projection (param) Low Middle High 6,212 6,506 6,800 Details

Other Forecasting Options for Multi Bintang

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

Multi Bintang Related Equities

Risk & Return

Correlation

Multi Bintang Indonesia 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 Multi Bintang'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 Multi Bintang's current price.

Multi Bintang Market Strength Events

Multi Bintang Risk Indicators

Other Information on Investing in Multi Stock