Princess Private Stock Forecast - Polynomial Regression

PEYS Stock   882.00  9.00  1.01%   
The Polynomial Regression forecasted value of Princess Private Equity on the next trading day is expected to be 899.50 with a mean absolute deviation of 12.96 and the sum of the absolute errors of 790.65. Princess Stock Forecast is based on your current time horizon.
  
At this time, Princess Private's Other Current Assets are comparatively stable compared to the past year. Net Debt is likely to gain to about 8.4 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 22.4 M in 2024.
Princess Private polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Princess Private Equity as well as the accuracy indicators are determined from the period prices.

Princess Private Polynomial Regression Price Forecast For the 1st of December

Given 90 days horizon, the Polynomial Regression forecasted value of Princess Private Equity on the next trading day is expected to be 899.50 with a mean absolute deviation of 12.96, mean absolute percentage error of 265.32, and the sum of the absolute errors of 790.65.
Please note that although there have been many attempts to predict Princess 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 Princess Private's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Princess Private Stock Forecast Pattern

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Princess Private Forecasted Value

In the context of forecasting Princess Private'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. Princess Private's downside and upside margins for the forecasting period are 898.29 and 900.71, respectively. We have considered Princess Private'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
882.00
898.29
Downside
899.50
Expected Value
900.71
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 Princess Private stock data series using in forecasting. Note that when a statistical model is used to represent Princess Private 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 Criteria123.6915
BiasArithmetic mean of the errors None
MADMean absolute deviation12.9615
MAPEMean absolute percentage error0.0147
SAESum of the absolute errors790.6536
A single variable polynomial regression model attempts to put a curve through the Princess Private 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 Princess Private

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Princess Private Equity. 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
880.29881.50882.71
Details
Intrinsic
Valuation
LowRealHigh
771.08772.29970.20
Details
Bollinger
Band Projection (param)
LowMiddleHigh
873.44889.10904.76
Details

Other Forecasting Options for Princess Private

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

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

Princess Private Equity 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 Princess Private'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 Princess Private's current price.

Princess Private Market Strength Events

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

Princess Private Risk Indicators

The analysis of Princess Private'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 Princess Private's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting princess 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Princess Stock Analysis

When running Princess Private's price analysis, check to measure Princess Private's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Princess Private is operating at the current time. Most of Princess Private's value examination focuses on studying past and present price action to predict the probability of Princess Private's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Princess Private's price. Additionally, you may evaluate how the addition of Princess Private to your portfolios can decrease your overall portfolio volatility.