SeaChange International Stock Forecast - Polynomial Regression

SEACDelisted Stock  USD 7.86  0.06  0.76%   
The Polynomial Regression forecasted value of SeaChange International on the next trading day is expected to be 7.76 with a mean absolute deviation of 0.22 and the sum of the absolute errors of 13.33. SeaChange Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast SeaChange International stock prices and determine the direction of SeaChange International's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of SeaChange International's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
SeaChange International polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for SeaChange International as well as the accuracy indicators are determined from the period prices.

SeaChange International Polynomial Regression Price Forecast For the 29th of November

Given 90 days horizon, the Polynomial Regression forecasted value of SeaChange International on the next trading day is expected to be 7.76 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.07, and the sum of the absolute errors of 13.33.
Please note that although there have been many attempts to predict SeaChange 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 SeaChange International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

SeaChange International Stock Forecast Pattern

Backtest SeaChange InternationalSeaChange International Price PredictionBuy or Sell Advice 

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 SeaChange International stock data series using in forecasting. Note that when a statistical model is used to represent SeaChange International 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 Criteria115.4971
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2186
MAPEMean absolute percentage error0.0256
SAESum of the absolute errors13.333
A single variable polynomial regression model attempts to put a curve through the SeaChange International 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 SeaChange International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SeaChange International. 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
7.867.867.86
Details
Intrinsic
Valuation
LowRealHigh
6.976.978.65
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SeaChange International. Your research has to be compared to or analyzed against SeaChange International's peers to derive any actionable benefits. When done correctly, SeaChange International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SeaChange International.

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

SeaChange International Market Strength Events

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

SeaChange International Risk Indicators

The analysis of SeaChange International'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 SeaChange International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting seachange 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.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Other Consideration for investing in SeaChange Stock

If you are still planning to invest in SeaChange International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SeaChange International's history and understand the potential risks before investing.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Fundamental Analysis
View fundamental data based on most recent published financial statements
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges