FLOW TRADERS Stock Forecast - Polynomial Regression

O3I Stock   21.76  0.10  0.46%   
The Polynomial Regression forecasted value of FLOW TRADERS LTD on the next trading day is expected to be 20.74 with a mean absolute deviation of 0.48 and the sum of the absolute errors of 29.01. FLOW Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of FLOW TRADERS's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
FLOW TRADERS polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for FLOW TRADERS LTD as well as the accuracy indicators are determined from the period prices.

FLOW TRADERS Polynomial Regression Price Forecast For the 24th of November

Given 90 days horizon, the Polynomial Regression forecasted value of FLOW TRADERS LTD on the next trading day is expected to be 20.74 with a mean absolute deviation of 0.48, mean absolute percentage error of 0.34, and the sum of the absolute errors of 29.01.
Please note that although there have been many attempts to predict FLOW 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 FLOW TRADERS's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

FLOW TRADERS Stock Forecast Pattern

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FLOW TRADERS Forecasted Value

In the context of forecasting FLOW TRADERS'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. FLOW TRADERS's downside and upside margins for the forecasting period are 19.44 and 22.03, respectively. We have considered FLOW TRADERS'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
21.76
20.74
Expected Value
22.03
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 FLOW TRADERS stock data series using in forecasting. Note that when a statistical model is used to represent FLOW TRADERS 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 Criteria117.0346
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4757
MAPEMean absolute percentage error0.0237
SAESum of the absolute errors29.0149
A single variable polynomial regression model attempts to put a curve through the FLOW TRADERS 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 FLOW TRADERS

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FLOW TRADERS LTD. 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
20.4621.7623.06
Details
Intrinsic
Valuation
LowRealHigh
19.5824.3925.69
Details
Bollinger
Band Projection (param)
LowMiddleHigh
21.6321.7321.82
Details

Other Forecasting Options for FLOW TRADERS

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

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

FLOW TRADERS LTD 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 FLOW TRADERS'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 FLOW TRADERS's current price.

FLOW TRADERS Market Strength Events

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

FLOW TRADERS Risk Indicators

The analysis of FLOW TRADERS'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 FLOW TRADERS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting flow 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.

Currently Active Assets on Macroaxis

Other Information on Investing in FLOW Stock

FLOW TRADERS financial ratios help investors to determine whether FLOW 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 FLOW with respect to the benefits of owning FLOW TRADERS security.