MOTOROLA SOLTN Stock Forecast - Polynomial Regression

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

MOTOROLA SOLTN Polynomial Regression Price Forecast For the 2nd of December

Given 90 days horizon, the Polynomial Regression forecasted value of MOTOROLA SOLTN on the next trading day is expected to be 482.55 with a mean absolute deviation of 7.99, mean absolute percentage error of 105.40, and the sum of the absolute errors of 487.15.

MOTOROLA SOLTN Stock Forecast Pattern

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MOTOROLA SOLTN Price Prediction

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

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MOTOROLA SOLTN. 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 469.46 470.90 472.34 Details

Intrinsic Valuation Low Real High 423.81 535.26 536.70 Details

Bollinger Band Projection (param) Low Middle High 460.18 470.98 481.78 Details

Other Forecasting Options for MOTOROLA SOLTN

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

MOTOROLA SOLTN Related Equities

Risk & Return

Correlation

MOTOROLA SOLTN 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 MOTOROLA SOLTN'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 MOTOROLA SOLTN's current price.

MOTOROLA SOLTN Market Strength Events

MOTOROLA SOLTN Risk Indicators

Additional Tools for MOTOROLA Stock Analysis