Rain Enhancement Stock Forecast - Simple Regression
| RAIN Stock | USD 3.36 0.03 0.90% |
The Simple Regression forecasted value of Rain Enhancement Technologies on the next trading day is expected to be 4.93 with a mean absolute deviation of 0.82 and the sum of the absolute errors of 50.07. Rain Stock Forecast is based on your current time horizon. Although Rain Enhancement's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Rain Enhancement's systematic risk associated with finding meaningful patterns of Rain Enhancement fundamentals over time.
As of today, the relative strength index (RSI) of Rain Enhancement's share price is approaching 36 indicating that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Rain Enhancement, making its price go up or down. Momentum 36
Sell Extended
Oversold | Overbought |
Using Rain Enhancement hype-based prediction, you can estimate the value of Rain Enhancement Technologies from the perspective of Rain Enhancement response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Rain Enhancement Technologies on the next trading day is expected to be 4.93 with a mean absolute deviation of 0.82 and the sum of the absolute errors of 50.07. Rain Enhancement after-hype prediction price | USD 3.39 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Rain Enhancement to cross-verify your projections. Rain Enhancement Additional Predictive Modules
Most predictive techniques to examine Rain price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Rain using various technical indicators. When you analyze Rain charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Rain Enhancement Simple Regression Price Forecast For the 19th of January
Given 90 days horizon, the Simple Regression forecasted value of Rain Enhancement Technologies on the next trading day is expected to be 4.93 with a mean absolute deviation of 0.82, mean absolute percentage error of 1.21, and the sum of the absolute errors of 50.07.Please note that although there have been many attempts to predict Rain 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 Rain Enhancement's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Rain Enhancement Stock Forecast Pattern
| Backtest Rain Enhancement | Rain Enhancement Price Prediction | Buy or Sell Advice |
Rain Enhancement Forecasted Value
In the context of forecasting Rain Enhancement'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. Rain Enhancement's downside and upside margins for the forecasting period are 0.03 and 12.82, respectively. We have considered Rain Enhancement'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 Rain Enhancement stock data series using in forecasting. Note that when a statistical model is used to represent Rain Enhancement 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 | 118.3007 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.8209 |
| MAPE | Mean absolute percentage error | 0.1616 |
| SAE | Sum of the absolute errors | 50.0747 |
Predictive Modules for Rain Enhancement
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rain Enhancement Tec. 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 Rain Enhancement
For every potential investor in Rain, whether a beginner or expert, Rain Enhancement's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Rain Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Rain. Basic forecasting techniques help filter out the noise by identifying Rain Enhancement's price trends.Rain Enhancement 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 Rain Enhancement stock to make a market-neutral strategy. Peer analysis of Rain Enhancement could also be used in its relative valuation, which is a method of valuing Rain Enhancement by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Rain Enhancement Tec 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 Rain Enhancement'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 Rain Enhancement's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Rain Enhancement Market Strength Events
Market strength indicators help investors to evaluate how Rain Enhancement stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rain Enhancement shares will generate the highest return on investment. By undertsting and applying Rain Enhancement stock market strength indicators, traders can identify Rain Enhancement Technologies entry and exit signals to maximize returns.
Rain Enhancement Risk Indicators
The analysis of Rain Enhancement'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 Rain Enhancement's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rain 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 | 5.46 | |||
| Standard Deviation | 7.98 | |||
| Variance | 63.72 |
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.
Pair Trading with Rain Enhancement
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rain Enhancement position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rain Enhancement will appreciate offsetting losses from the drop in the long position's value.Moving against Rain Stock
| 0.46 | EOSE | Eos Energy Enterprises Aggressive Push | PairCorr |
| 0.37 | EMR | Emerson Electric | PairCorr |
| 0.35 | 002212 | Topsec Technologies | PairCorr |
| 0.32 | VICR | Vicor | PairCorr |
The ability to find closely correlated positions to Rain Enhancement could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rain Enhancement when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rain Enhancement - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rain Enhancement Technologies to buy it.
The correlation of Rain Enhancement is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rain Enhancement moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rain Enhancement Tec moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rain Enhancement can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Rain Enhancement to cross-verify your projections. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rain Enhancement. If investors know Rain will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rain Enhancement listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.79) |
The market value of Rain Enhancement Tec is measured differently than its book value, which is the value of Rain that is recorded on the company's balance sheet. Investors also form their own opinion of Rain Enhancement's value that differs from its market value or its book value, called intrinsic value, which is Rain Enhancement's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rain Enhancement's market value can be influenced by many factors that don't directly affect Rain Enhancement's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rain Enhancement's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rain Enhancement is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rain Enhancement's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.