PhenixFIN 525 Stock Forecast - Simple Regression
PFXNZ Stock | USD 22.84 0.04 0.18% |
The Simple Regression forecasted value of PhenixFIN 525 on the next trading day is expected to be 23.12 with a mean absolute deviation of 0.17 and the sum of the absolute errors of 10.33. PhenixFIN Stock Forecast is based on your current time horizon.
PhenixFIN |
PhenixFIN 525 Simple Regression Price Forecast For the 2nd of December
Given 90 days horizon, the Simple Regression forecasted value of PhenixFIN 525 on the next trading day is expected to be 23.12 with a mean absolute deviation of 0.17, mean absolute percentage error of 0.04, and the sum of the absolute errors of 10.33.Please note that although there have been many attempts to predict PhenixFIN 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 PhenixFIN 525's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
PhenixFIN 525 Stock Forecast Pattern
Backtest PhenixFIN 525 | PhenixFIN 525 Price Prediction | Buy or Sell Advice |
PhenixFIN 525 Forecasted Value
In the context of forecasting PhenixFIN 525'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. PhenixFIN 525's downside and upside margins for the forecasting period are 22.50 and 23.73, respectively. We have considered PhenixFIN 525'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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of PhenixFIN 525 stock data series using in forecasting. Note that when a statistical model is used to represent PhenixFIN 525 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.AIC | Akaike Information Criteria | 114.9033 |
Bias | Arithmetic mean of the errors | None |
MAD | Mean absolute deviation | 0.1693 |
MAPE | Mean absolute percentage error | 0.0076 |
SAE | Sum of the absolute errors | 10.329 |
Predictive Modules for PhenixFIN 525
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PhenixFIN 525. 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.Other Forecasting Options for PhenixFIN 525
For every potential investor in PhenixFIN, whether a beginner or expert, PhenixFIN 525's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PhenixFIN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PhenixFIN. Basic forecasting techniques help filter out the noise by identifying PhenixFIN 525's price trends.PhenixFIN 525 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 PhenixFIN 525 stock to make a market-neutral strategy. Peer analysis of PhenixFIN 525 could also be used in its relative valuation, which is a method of valuing PhenixFIN 525 by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
PhenixFIN 525 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 PhenixFIN 525'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 PhenixFIN 525's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
PhenixFIN 525 Market Strength Events
Market strength indicators help investors to evaluate how PhenixFIN 525 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PhenixFIN 525 shares will generate the highest return on investment. By undertsting and applying PhenixFIN 525 stock market strength indicators, traders can identify PhenixFIN 525 entry and exit signals to maximize returns.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 22.84 | |||
Day Typical Price | 22.84 | |||
Price Action Indicator | 0.02 | |||
Period Momentum Indicator | 0.04 |
PhenixFIN 525 Risk Indicators
The analysis of PhenixFIN 525'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 PhenixFIN 525's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting phenixfin 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.
Mean Deviation | 0.408 | |||
Semi Deviation | 0.4055 | |||
Standard Deviation | 0.6183 | |||
Variance | 0.3822 | |||
Downside Variance | 0.5145 | |||
Semi Variance | 0.1645 | |||
Expected Short fall | (0.53) |
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 PhenixFIN Stock Analysis
When running PhenixFIN 525's price analysis, check to measure PhenixFIN 525'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 PhenixFIN 525 is operating at the current time. Most of PhenixFIN 525's value examination focuses on studying past and present price action to predict the probability of PhenixFIN 525's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PhenixFIN 525's price. Additionally, you may evaluate how the addition of PhenixFIN 525 to your portfolios can decrease your overall portfolio volatility.